CommercialCOMMERCIAL & RESIDENTIALDistrict 23 · Bukit Batok

Hillv2

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Hillv2 is a commercial building in District 23 · Bukit Batok, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. 4 units are currently listed for rent. ACRA records 16 live company registrations at this address.

The facts are here — now get the verdict on Hillv2.

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What are the key facts about Hillv2?

Key takeawayHillv2 is a commercial building in District 23 · Bukit Batok, zoned COMMERCIAL & RESIDENTIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 2.8
Tenure: Not on record
District / Area: District 23 · Bukit Batok
Address: 4 Hillview Rise
Land area: 14,295 sqm
Completed: Not on record
Storeys: 2 (© OpenStreetMap contributors)
Strata units (MCST): 528
Managing agent: KNIGHT FRANK PROPERTY & FACILITIES MANAGEMENT PTE. LTD.
Strata formed: 2017 (MCST 01-4553)
Submarket: Suburban
Listed as: Food & Beverage, Mall Shop, Shop / Shophouse
Transactions on record: None recorded
Live listings: 4
ACRA registrations: 16

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

What are the specs at Hillv2?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park, swimming pool, 24-hour security; Source: CommercialGuru

About Hillv2

Hillv2 is a commercial building in Bukit Batok (District 23). It is located along Hillview Rise, Singapore 667979.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 2.8.

It occupies roughly 14,295 sqm of land with about 44,028 sqm of gross floor area.

18 businesses are currently registered at this address with ACRA.

The nearest MRT is Hillview MRT, 363 m away (about a 6-minute walk). The closest bus stop (Opp Glendale Pk Condo) is 84 m away (about a 1-minute walk). Hillion Mall is 1.8 km away.

What is Hillv2 zoned as?

Key takeawayHillv2 sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 2.8.

Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 2.8

Run the full zoning report for this building →

What does space at Hillv2 rent for?

Key takeawayNo street- or building-level rent is published here. Across District 23 retail, retail space rented at a median of $23.77 psf a month in 2026Q3, with the middle half of leases between $22.95 and $25.51. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 23 retail

Region band · 2026Q3

25th pct

$22.95

$247.02 psm

Median

$23.77

$255.89 psm

75th pct

$25.51

$274.59 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 23 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Hillv2

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Hillv2

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Hillv2?

Key takeawayURA has approved 12 changes of use at Hillv2 since 2000, most recently in 2026, and refused 2. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

24 Feb 2026ApprovedFloor 2
Change of use to laundromat
Proposed change of use of unit #02-XX to laundromat
22 Jul 2025ApprovedFloor 1
Change of use to gym / fitness centre
Proposed change of use of #01-XX to gym / fitness centre
25 Jul 2023RenewedFloor 2
Continued use as pet shop
Continued use of unit #02-XX as pet shop (sale of pets and pet accessories)
15 Sept 2022RefusedFloor 1
Change of use: restauraunt → restauruant with live entertainment
Proposed change of use of unit #01-XX from restauraunt to restauruant with live entertainment
18 Apr 2022ApprovedFloor 1
Change of use to shop
Proposed change of use of unit #01-XX to shop (minimart)
11 Jan 2022ApprovedFloor 2
Change of use to shop
Proposed change of use of unit #02-XX to shop (take-away foodshop)
10 May 2021ApprovedFloor 2
Change of use to commercial school
Proposed change of use of unit #02-XX to commercial school
19 Nov 2020RenewedFloor 2
Continued use as pet shop
Continued use of unit #02-XX as pet shop (sale of pets and pet accessories)
12 Dec 2018ApprovedFloor 1
Change of use to commercial school
Proposed change of use of units #01-XX, #01-XX and #01-XX to commercial school on lot 04555x mk10 at 4 hillview rise - hillv2 (bukit batok planning area)
5 Jul 2018ApprovedFloor 2
Change of use: restaurant → commercial school
Proposed change of use of unit #02-XX from restaurant to commercial school on lot 04555x mk10 at 4 hillview rise - hillv2 (bukit batok planning area)
11 Sept 2017RenewedFloor 2
Continued use as pet shop
Continued use of unit #02-XX as pet shop (sale of pets and pet accessories)
2 May 2017ApprovedFloor 2
Change of use to gym/fitness centre
Change of use of the 2nd storey units #02-XX & #02-XX to gym/fitness centre

5 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

What do commercial rents run near Hillv2?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 23 retail

Gross yield (area)

9.6%

8.6% net of property tax

Rent side (median of bands)

$255.89 psm/mo

2026Q3

Price side (strata, 5y)

$2,984 psf

11 sales

An INDICATIVE AREA yield for District 23 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 23 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$301.00	$351.50	$421.39
Level 1 · 30 & Below	$337.00	$386.49	$398.56
Level 4 & Above · >30 - 100	$247.02	$248.59	$265.90
Level 1 · >30 - 100	$146.69	$255.89	$274.59
B1 & Below · >30 - 100	$312.82	$320.00	$323.19
Level 2 & 3 · >30 - 100	$168.47	$207.40	$244.22
Level 1 · >100 - 300	$87.55	$123.10	$164.64

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is available at Hillv2 right now?

Key takeaway4 units are currently listed at Hillv2. One row per unit; several agents often market the same unit.

For rent (4)

HillV2S$19k/mo · 1,389 sqft
HillV25 agentsS$39k/mo · 3,283 sqft
HillV2S$32k/mo · 3,283 sqft
HillV22 agentsS$17k/mo · 1,250 sqft

Browse every listing at this building →

What is near Hillv2?

Key takeawayThe nearest MRT/LRT is Hillview MRT, about 363 m away.

Getting around

Hillview MRT363 m · ~6 min

Amenities nearby

Cold Storage Singapore (1983) Pte Ltd · 0 mHillview Community Club · 79 mOpp Glendale Pk Condo · 84 mPhoenix Medical Group (Hillview) · 95 mEducational Institution · 150 mHillview MRT Exit B · 333 mPlace Of Worship · 387 mLorong Kemunchup Playground · 440 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Hillv2

Key takeawayThe nearest station is Hillview (DT3), 333 m away — a quiet station, with about 14,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Hillview Terrace (URA), 1.3 km away, season S$90/month.

Foot traffic: busier than 10% of retail buildings

nearest MRT/LRT Hillview (DT3) 333 m, about 14,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 10, about 12,000 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 22,000 residents within 1 km (June 2026); 0 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Hillview (DT3)333 m · about 14,000 weekday taps
Cashew (DT2)795 m · 8,769 weekday taps
Hume (DT4)985 m · 4,746 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Hillv2. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Who's registered at Hillv2?

Key takeaway16 live companies (and LLPs and branches; sole proprietors are not counted) list Hillv2 as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
7
Health and social services
3
Other services
3
Education
2
Arts, entertainment and recreation
1

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Hillv2

Where is Hillv2?⌄

Hillv2 is at 4 Hillview Rise, Singapore 667979, in the Bukit Batok planning area.

What is Hillv2 zoned as?⌄

Hillv2 sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at Hillv2?⌄

No caveats have been lodged for Hillv2 in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Hillv2?⌄

Hillview MRT is the closest, 363 m away (about a 6-minute walk).

How many businesses are registered at Hillv2?⌄

18 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.