CommercialRESIDENTIALFreeholdDistrict 21 · Bukit Timah

Maple Woods

Reviewed by Nathan TangUpdated 10 August 2026Data through Jan 2024
Quick Summary

Maple Woods is a commercial building in District 21 · Bukit Timah, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.07. It is freehold. 8 transactions are on record since 1995, most recently in Jan 2024. ACRA records 21 live company registrations at this address.

1

What are the key facts about Maple Woods?

Key takeawayMaple Woods is a commercial building in District 21 · Bukit Timah, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.07
Tenure
Freehold
District / Area
District 21 · Bukit Timah
Address
989 Bukit Timah Road
Land area
55,665 sqm
Transactions on record
8 (records start 1995)
Live listings
None
ACRA registrations
21
2

About Maple Woods

Maple Woods is a mixed-use building in Bukit Timah (District 21). It is located along Bukit Timah Road, Singapore 589629.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.07.

The site is freehold. It occupies roughly 55,665 sqm of land with about 115,227 sqm of gross floor area.

8 transactions have been recorded here, at a median of S$1,424 psf. The most recent was in January 2024.

21 businesses are currently registered at this address with ACRA.

The nearest MRT is King Albert Park MRT, 248 m away (about a 4-minute walk). The closest bus stop (Hua Guan Gdns) is 255 m away (about a 4-minute walk).

3

What is Maple Woods zoned as?

Key takeawayMaple Woods sits on land zoned RESIDENTIAL with a gross plot ratio of 2.07.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.07

Run the full zoning report for this building →

4

What has Maple Woods sold for?

Key takeaway8 transactions are on record since 1995, most recently in Jan 2024 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2024RetailS$1.16M592 sqft$1,959
Jun 2018RetailS$1.33M592 sqft$2,247
May 2017RetailS$650k495 sqft$1,313
Jun 2013RetailS$1.11M592 sqft$1,878
Jul 2012RetailS$760k495 sqft$1,535
Oct 2004RetailS$390k495 sqft$788
Oct 2002RetailS$300k495 sqft$606
Apr 1997RetailS$124k495 sqft$250

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Bukit Timah Road price?

Key takeawayAcross 19 strata sales on Bukit Timah Road in the last 5 years, the median is $3,297 psf.
Strata sales on the street (5y)
19
Street median PSF (strata)
$3,297

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Maple Woods?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 21 retail

Gross yield (area)
3.7%
3.3% net of property tax
Rent side (median of bands)
$105.25 psm/mo
2026Q2
Price side (strata, 5y)
$3,204 psf
87 sales

An INDICATIVE AREA yield for District 21 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 21 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$92.04$108.65$118.23
Level 1 · 30 & Below$100.70$111.11$125.37
Level 4 & Above · 30 & Below$64.71$83.33$230.77
Level 2 & 3 · 30 & Below$75.95$86.67$106.82
Level 1 · >30 - 100$79.48$108.70$115.76
Level 2 & 3 · >30 - 100$64.95$101.85$109.05
B1 & Below · >30 - 100$82.35$117.71$125.00
Level 1 · >100 - 300$48.88$54.71$55.32

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.

7

What is near Maple Woods?

Key takeawayThe nearest MRT/LRT is King Albert Park MRT, about 248 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Educational Institution · 30 mKing Albert Park MRT Exit A · 253 mHua Guan Gdns · 255 mHua Guan Crescent Pg · 396 mC.M.C. Wong Binjai Clinic · 451 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Cold Storage Singapore (1983) Pte Ltd · 350 mKap Mall · 651 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Maple Woods?

Key takeawayACRA records 21 live company registrations at this address, 10 of them in the last three years.
Live registrations
21
Registered last 3 years
10
Most common type
Local Company

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.

9

Frequently asked questions about Maple Woods

Where is Maple Woods?

Maple Woods is at 989 Bukit Timah Road, Singapore 589629, in the Bukit Timah planning area.

What is Maple Woods zoned as?

Maple Woods sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.07.

What is the tenure of Maple Woods?

Maple Woods is freehold.

What have units at Maple Woods sold for?

Across 8 recorded transactions, the median price is S$1,424 psf. The latest was in January 2024.

What is the nearest MRT station to Maple Woods?

King Albert Park MRT is the closest, 248 m away (about a 4-minute walk).

How many businesses are registered at Maple Woods?

21 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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This development is also registered as the residential project Maple Woods.

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