CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYLeaseholdDistrict 21 · Bukit Timah

Mayfair Park

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

Mayfair Park is a commercial building in District 21 · Bukit Timah, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is leasehold with roughly 25 years remaining. 2 transactions are on record since 1995, most recently in Jun 2024. ACRA records 1 live company registration at this address.

1

What are the key facts about Mayfair Park?

Key takeawayMayfair Park is a commercial building in District 21 · Bukit Timah, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 21 · Bukit Timah
Address
78 Rifle Range Road
Land area
329 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
1
2

About Mayfair Park

Mayfair Park is a mixed-use building in Bukit Timah (District 21). It is located along Rifle Range Road, Singapore 588384.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.

The site is leasehold, with about 25 years remaining on the lease. It occupies roughly 329 sqm of land.

2 transactions have been recorded here, at a median of S$874 psf. The most recent was in June 2024.

1 business is currently registered at this address with ACRA.

The nearest MRT is Beauty World MRT, 410 m away (about a 6-minute walk). The closest bus stop (Opp Bt Timah Plaza) is 82 m away (about a 1-minute walk).

3

What is Mayfair Park zoned as?

Key takeawayMayfair Park sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Mayfair Park sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2024 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2024Shop HouseS$1.25M1,098 sqft$1,139
Jun 2018Shop HouseS$670k1,098 sqft$610

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 Rifle Range Road price?

Strata sales on the street (5y)
1

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near Mayfair Park?

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 Mayfair Park?

Key takeawayThe nearest MRT/LRT is Beauty World MRT, about 410 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Railway Corridor Rifle Range Connector · 66 mOpp Bt Timah Plaza · 82 mChang Clinic · 267 mEducational Institution · 384 mBeauty World MRT Exit A · 399 mPlace Of Worship · 547 mBukit Timah Community Club · 863 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 247 mKap Mall · 441 mBukit Timah Market · 472 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Mayfair Park?

Key takeawayACRA records 1 live company registration at this address, 1 of them in the last three years.
Live registrations
1
Registered last 3 years
1
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 Mayfair Park

Where is Mayfair Park?

Mayfair Park is at 78 Rifle Range Road, Singapore 588384, in the Bukit Timah planning area.

What is Mayfair Park zoned as?

Mayfair Park sits on land zoned residential with commercial at 1st storey under the URA Master Plan.

What is the tenure of Mayfair Park?

Mayfair Park is leasehold. About 25 years remain on the lease.

What have units at Mayfair Park sold for?

Across 2 recorded transactions, the median price is S$874 psf. The latest was in June 2024.

What is the nearest MRT station to Mayfair Park?

Beauty World MRT is the closest, 410 m away (about a 6-minute walk).

How many businesses are registered at Mayfair Park?

1 business is 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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This development is also registered as the residential project Mayfair Park.

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