CommercialRESIDENTIALDistrict 23 · Bukit Batok

Hillview Building

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Hillview Building is a commercial building in District 23 · Bukit Batok, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.62. 5 units are currently listed for sale or rent. ACRA records 104 live company registrations at this address.

The facts are here — now get the verdict on Hillview Building.

Ask PropKaki

What are the key facts about Hillview Building?

Key takeawayHillview Building is a commercial building in District 23 · Bukit Batok, zoned RESIDENTIAL.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 1.62
Tenure: Not on record
District / Area: District 23 · Bukit Batok
Address: 48 Hillview Terrace
Land area: —
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 54
Strata formed: 1983 (MCST 0724)
Submarket: Suburban
Transactions on record: None recorded
Live listings: 5
ACRA registrations: 104

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.

About Hillview Building

Hillview Building is a mixed-use building in Bukit Batok (District 23). It is located along Hillview Terrace, Singapore 669269.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 1.62.

128 businesses are currently registered at this address with ACRA.

The nearest MRT is Bukit Gombak MRT, 906 m away (about a 14-minute walk). The closest bus stop (Opp Blk 258) is 200 m away (about a 3-minute walk). West Mall is 1.0 km away (about a 16-minute walk).

What is Hillview Building zoned as?

Key takeawayHillview Building sits on land zoned RESIDENTIAL with a gross plot ratio of 1.62.

Land-use zone: RESIDENTIAL
Gross plot ratio: 1.62

Run the full zoning report for this building →

What does space at Hillview Building 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 Hillview Building

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 Hillview Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 came off (sold, let or withdrawn).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

Sale: between 6 Aug 2026 and 28 Aug 2026, 1 new listing 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 do commercial rents run near Hillview Building?

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 Hillview Building right now?

Key takeaway5 units are currently listed at Hillview Building — 1 for sale and 4 for rent. One row per unit; several agents often market the same unit.

For sale (1)

Hillview Building2 agentsS$1.50M · 1,400 sqft

For rent (4)

Hillview BuildingS$3k/mo · 1,474 sqft
Hillview BuildingS$3k/mo · 1,474 sqft
Hillview BuildingS$750/mo · 350 sqft
Hillview Building2 agentsS$700/mo · 190 sqft

Browse every listing at this building →

What is near Hillview Building?

Key takeawayThe nearest MRT/LRT is Bukit Gombak MRT, about 906 m away.

Getting around

Bukit Gombak MRT906 m · ~14 min

Amenities nearby

Place Of Worship · 196 mOpp Blk 258 · 200 mEducational Institution · 326 mOng Clinic & Surgery · 412 mBukit Batok East Community Club · 455 mHillview Crescent Playground · 458 mBukit Gombak MRT Exit B · 889 mWest Mall · 1.0 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Hillview Building

Key takeawayThe nearest station is Bukit Gombak (NS3), 889 m away — a busy station, with about 42,000 taps in and out on an average weekday. 6 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 14% of retail buildings

nearest MRT/LRT Bukit Gombak (NS3) 889 m, about 42,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 9,708 taps a weekday; Bukit Batok: 33,792 resident workers (Census 2020, by workplace); about 50,000 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

Bukit Gombak (NS3)889 m · about 42,000 weekday taps
Bukit Batok (NS2)943 m · about 63,000 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 Hillview Building. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with 9,708 boardings and alightings on an average weekday.

Public car parks within 500 m

Hillview Terrace (URA)50 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 10 car lots
Blk 254/265 Bukit Batok East Avenue 4 (HDB)242 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 312 car lots
Blk 242/253 Bukit Batok East Avenue 2/5 (HDB)340 m
S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 427 car lots
241A Bukit Batok East Avenue 5 (HDB)370 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 235 car lots
Blk 238/241 Bukit Batok East Avenue 5 (HDB)411 m
S$0.60 per half-hour at midday on a weekday · gantry 5.4 m

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. Hillview Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Hillview Building?

Key takeaway104 live companies (and LLPs and branches; sole proprietors are not counted) list Hillview Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
32
Construction
18
Professional, scientific and technical services
18
Manufacturing
15
Administrative and support services
5
Information and communications
5
Accommodation and food services
3
Financial and insurance
2
Education
2
Transportation and storage
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 Hillview Building

Where is Hillview Building?⌄

Hillview Building is at 48 Hillview Terrace, Singapore 669269, in the Bukit Batok planning area.

What is Hillview Building zoned as?⌄

Hillview Building sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 1.62.

Have there been any recorded transactions at Hillview Building?⌄

No caveats have been lodged for Hillview Building 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 Hillview Building?⌄

Bukit Gombak MRT is the closest, 906 m away (about a 14-minute walk).

How many businesses are registered at Hillview Building?⌄

128 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.

For agents · in the PropKaki app

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Read the figures right

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

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.

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.

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.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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 car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, 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.