CommercialRESIDENTIALLeaseholdDistrict 21 · Bukit Panjang

The Raintree

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2016
Quick Summary

The Raintree 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 leasehold with roughly 76 years remaining. 5 transactions are on record since 1995, most recently in Oct 2016. ACRA records 3 live company registrations at this address.

1

What are the key facts about The Raintree?

Key takeawayThe Raintree is a commercial building in District 21 · Bukit Panjang, zoned RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
1.92
Tenure
Leasehold
District / Area
District 21 · Bukit Panjang
Address
95 Bukit Drive
Land area
16,076 sqm
Transactions on record
5 (records start 1995)
Live listings
None
ACRA registrations
3
2

About The Raintree

The Raintree is a mixed-use building in Bukit Panjang (District 21). It is located along Bukit Drive, Singapore 587843.

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

The site is leasehold, with about 76 years remaining on the lease. It occupies roughly 16,076 sqm of land with about 30,866 sqm of gross floor area.

5 transactions have been recorded here, at a median of S$806 psf. The most recent was in October 2016.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Hume MRT, 814 m away (about a 13-minute walk). The closest bus stop (Springdale Condo) is 346 m away (about a 5-minute walk).

3

What is The Raintree zoned as?

Key takeawayThe Raintree 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 The Raintree sold for?

Key takeaway5 transactions are on record since 1995, most recently in Oct 2016 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2016RetailS$568k431 sqft$1,319
Jun 2011RetailS$400k431 sqft$929
Jun 2011RetailS$370k484 sqft$764
Jun 2008RetailS$347k431 sqft$806
Jun 2008RetailS$390k484 sqft$804

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 The Raintree?

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.

6

What is near The Raintree?

Key takeawayThe nearest MRT/LRT is Hume MRT, about 814 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hindhede Nature Park · 252 mSpringdale Condo · 346 mPlace Of Worship · 479 mBeauty World MRT Exit B · 859 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 · 942 mKap Mall · 1.5 km

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at The Raintree?

Key takeawayACRA records 3 live company registrations at this address, 1 of them in the last three years.
Live registrations
3
Registered last 3 years
1
Most common type
Sole Proprietorship/ Partnership

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.

8

Frequently asked questions about The Raintree

Where is The Raintree?

The Raintree is at 95 Bukit Drive, Singapore 587843, in the Bukit Panjang planning area.

What is The Raintree zoned as?

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

What is the tenure of The Raintree?

The Raintree is leasehold. About 76 years remain on the lease.

What have units at The Raintree sold for?

Across 5 recorded transactions, the median price is S$806 psf. The latest was in October 2016.

What is the nearest MRT station to The Raintree?

Hume MRT is the closest, 814 m away (about a 13-minute walk).

How many businesses are registered at The Raintree?

3 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 The Raintree.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about The Raintree — recent transactions, zoning and what's listed there.

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

Ask anything about Singapore property…

This development is also registered as the residential project The Raintree.

Chat on WhatsApp