CommercialRESIDENTIAL999-year leaseholdDistrict 21 · Bukit Panjang

Southaven Ii

Reviewed by Nathan TangUpdated 10 August 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

How does Hindhede Walk 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 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)
3.7%
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 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 →

8

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.

9

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.

10

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

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

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