CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYLeaseholdDistrict 21 · Bukit Timah

Mayfair Park

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2022
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 24 years remaining. 2 transactions are on record since 1995, most recently in May 2022. 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
11 Jalan Bingka
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
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 Jalan Bingka, Singapore 588908.

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

The site is leasehold, with about 24 years remaining on the lease.

2 transactions have been recorded here, at a median of S$550 psf. The most recent was in May 2022.

1 business is currently registered at this address with ACRA.

The nearest MRT is Beauty World MRT, 448 m away (about a 7-minute walk). The closest bus stop (Opp Bt Timah Plaza) is 90 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 May 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2022Shop HouseS$900k1,055 sqft$853
Jan 2005Shop HouseS$260k1,055 sqft$246

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. sqm ↔ sq ft converter

5

What does space at Mayfair Park rent for?

Key takeawayNo street- or building-level rent is published here. Across District 21 retail, retail space rented at a median of $9.06 psf a month in 2026Q3, with the middle half of leases between $6.85 and $12.39. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 21 retail

Region band · 2026Q3
25th pct
$6.85
$73.69 psm
Median
$9.06
$97.54 psm
75th pct
$12.39
$133.41 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 21 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).

6

Market context around Mayfair Park

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.

7

What's been approved at Mayfair Park?

Key takeawayURA has approved 4 changes of use at Mayfair Park since 2000, most recently in 2024. 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.
  1. 12 Jun 2026Renewed
    Continued use as gym/fitness centre

    Continued use of 1st storey shop as gym/fitness centre

  2. 23 Aug 2024Approved
    Change of use to gym/fitness centre

    Proposed change of use of 1st storey shop to gym/fitness centre

  3. 15 Sept 2022Approved
    Change of use to grocery shop

    Proposed change of use of part 1st storey shop to grocery shop

  4. 29 Jul 2013Approved
    Change of use: shop → fitness centre

    Proposed change of use from shop to fitness centre

  5. 4 Apr 2011Renewed
    Continued use as restaurant

    Continued use of the 1st-storey shop as restaurant

  6. 9 Apr 2008Renewed
    Continued use as restaurant

    Continued use of the 1st-storey shop as restaurant

  7. 20 May 2005Approved
    Change of use: shop → restaurant

    Proposed change of use of the 1st storey from shop to restaurant

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).

8

How does Jalan Bingka price?

Strata sales on the street (5y)
2

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.

9

What do commercial rents run near Mayfair Park?

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

Indicative area yield — District 21 retail

Gross yield (area)
3.4%
3.1% net of property tax
Rent side (median of bands)
$97.54 psm/mo
2026Q3
Price side (strata, 5y)
$3,167 psf
78 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 4 & Above · 30 & Below$75.00$95.93$296.05
B1 & Below · 30 & Below$129.54$130.87$131.18
Level 2 & 3 · 30 & Below$72.37$91.30$135.64
Level 1 · 30 & Below$116.15$117.71$140.36
Level 2 & 3 · >30 - 100$81.25$90.65$96.86
Level 1 · >30 - 100$71.20$99.14$117.50
B1 & Below · >30 - 100$69.66$112.84$146.06
Level 1 · >100 - 300$71.86$89.37$105.73

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.

10

What is near Mayfair Park?

Key takeawayThe nearest MRT/LRT is Beauty World MRT, about 448 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Railway Corridor Rifle Range Connector · 85 mOpp Bt Timah Plaza · 90 mChang Clinic · 281 mEducational Institution · 409 mBeauty World MRT Exit A · 436 mPlace Of Worship · 584 mBukit Timah Community Club · 900 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 · 262 mKap Mall · 442 mBukit Timah Market · 510 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Mayfair Park

Key takeawayThe nearest station is Beauty World (DT5), 436 m away — a moderately busy station, with about 33,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Jln Seh Chuan Off St (URA), 543 m away; the nearest URA season parking is Hillview Terrace, 2.8 km away (S$90/month).
Foot traffic: busier than 8% of retail buildings

nearest MRT/LRT Beauty World (DT5) 436 m, about 33,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 4, about 9,816 taps a weekday; Bukit Timah: 21,362 resident workers (Census 2020, by workplace); about 12,000 residents within 1 km (June 2026); 1 other mall 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

  • Beauty World (DT5)436 m · about 33,000 weekday taps
  • King Albert Park (DT6)685 m · about 16,000 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 Mayfair Park. Transfers between lines don't tap, so interchanges read low.

Bus

4 bus stops within 400 m, with 9,816 boardings and alightings on an average weekday.

12

Who's registered at Mayfair Park?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Mayfair Park as their registered address. These are registered businesses, not who occupies the space.
  • Arts, entertainment and recreation
    1
  • Wholesale and retail trade
    0

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.

13

Frequently asked questions about Mayfair Park

Where is Mayfair Park?⌄

Mayfair Park is at 11 Jalan Bingka, Singapore 588908, 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 24 years remain on the lease.

What have units at Mayfair Park sold for?⌄

Across 2 recorded transactions, the median price is S$550 psf. The latest was in May 2022.

What is the nearest MRT station to Mayfair Park?⌄

Beauty World MRT is the closest, 448 m away (about a 7-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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