CommercialRESIDENTIAL999-year leaseholdDistrict 21 · Bukit Panjang

Southaven Ii

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2021
Quick Summary

Southaven Ii is a commercial building in District 21 · Bukit Panjang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.92. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in Aug 2021. 1 unit is currently listed for sale. ACRA records 15 live company registrations at this address.

1

What are the key facts about Southaven Ii?

Key takeawaySouthaven Ii is a commercial building in District 21 · Bukit Panjang, zoned RESIDENTIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
1.92
Tenure
999-year leasehold
District / Area
District 21 · Bukit Panjang
Address
33 Hindhede Walk
Land area
26,218 sqm
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
15
2

About Southaven Ii

Southaven Ii is a mixed-use building in Bukit Panjang (District 21). It is located along Hindhede Walk, Singapore 587968.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 1.92.

The site is 999-year leasehold, with about 850 years remaining on the lease. It occupies roughly 26,218 sqm of land with about 50,338 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$1,421 psf. The most recent was in August 2021.

15 businesses are currently registered at this address with ACRA.

The nearest MRT is Beauty World MRT, 754 m away (about a 12-minute walk). The closest bus stop (Bt Regency) is 119 m away (about a 2-minute walk).

3

What is Southaven Ii zoned as?

Key takeawaySouthaven Ii sits on land zoned RESIDENTIAL with a gross plot ratio of 1.92.
Land-use zone
RESIDENTIAL
Gross plot ratio
1.92

Run the full zoning report for this building →

4

What has Southaven Ii sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2021RetailS$490k323 sqft$1,517
Mar 2018RetailS$428k323 sqft$1,325

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

What do commercial rents run near Southaven Ii?

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)
3.6%
3.3% net of property tax
Rent side (median of bands)
$105.25 psm/mo
2026Q2
Price side (strata, 5y)
$3,222 psf
82 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.

6

What is available at Southaven Ii right now?

Key takeaway1 unit is currently listed at Southaven Ii. One row per unit; several agents often market the same unit.

For sale (1)

  • Southaven II2 agentsS$675k · 323 sqft

Browse every listing at this building →

7

What is near Southaven Ii?

Key takeawayThe nearest MRT/LRT is Beauty World MRT, about 754 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bt Regency · 119 mHoover Park (Lor Pisang Hijau Playground) · 355 mPlace Of Worship · 424 mBeauty World MRT Exit B · 700 mBukit Timah Community Club · 725 mEducational Institution · 790 m

Competing premises nearby

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

Bukit Timah Market · 764 mKap Mall · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Southaven Ii?

Key takeawayACRA records 15 live company registrations at this address, 4 of them in the last three years.
Live registrations
15
Registered last 3 years
4
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 Southaven Ii

Where is Southaven Ii?⌄

Southaven Ii is at 33 Hindhede Walk, Singapore 587968, in the Bukit Panjang planning area.

What is Southaven Ii zoned as?⌄

Southaven Ii sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 1.92.

What is the tenure of Southaven Ii?⌄

Southaven Ii is 999-year leasehold. About 850 years remain on the lease.

What have units at Southaven Ii sold for?⌄

Across 2 recorded transactions, the median price is S$1,421 psf. The latest was in August 2021.

What is the nearest MRT station to Southaven Ii?⌄

Beauty World MRT is the closest, 754 m away (about a 12-minute walk).

How many businesses are registered at Southaven Ii?⌄

15 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

The facts are here — now get the verdict on Southaven Ii.

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Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

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This development is also registered as the residential project Southaven Ii.