CommercialFreeholdDistrict 20 · Bishan

Yew Lian Park

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 1999
Quick Summary

Yew Lian Park is a commercial building in District 20 · Bishan. It is freehold. 1 transaction is on record since 1995, most recently in Nov 1999. ACRA records 0 live company registrations at this address.

1

What are the key facts about Yew Lian Park?

Key takeawayYew Lian Park is a commercial building in District 20 · Bishan, held freehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 20 · Bishan
Address
199,199a Upper Thomson Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Yew Lian Park

Yew Lian Park is a mixed-use building in Bishan (District 20). It is located along Upper Thomson Road.

The site is freehold.

1 transaction has been recorded here, at a median of S$474 psf. The most recent was in November 1999.

3

What has Yew Lian Park sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 1999Shop HouseS$765k1,614 sqft$474

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

4

What does space at Yew Lian Park rent for?

Key takeawayNo rent is published for Yew Lian Park itself. On its street, Upper Thomson Road, retail space rented at a median of $17.21 psf a month in 2026Q3, with the middle half of leases between $12.97 and $18.72. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Upper Thomson Road

Street level · 2026Q3
25th pct
$12.97
$139.56 psm
Median
$17.21
$185.25 psm
75th pct
$18.72
$201.50 psm

S$ per sq ft per month · median +8% on a year earlier

2023Q4 · $178.33 psm2026Q3 · $185.25 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 20 retail

Region band · 2026Q3
25th pct
$12.24
$131.79 psm
Median
$21.19
$228.09 psm
75th pct
$31.36
$337.60 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 20 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).

5

Market context around Yew Lian Park

Key takeawayBrokers' retail figures for Singapore as a whole — 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 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.

6

What's been approved at Yew Lian Park?

Key takeawayURA has approved 2 changes of use at Yew Lian Park since 2000, most recently in 2015. 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. 11 Sept 2023Renewed
    Continued use as massage establishment

    Continued use of the 1st storey premises as massage establishment

  2. 23 Nov 2021Renewed
    Continued use as massage establishment

    Continued use of the 1st storey premises as massage establishment

  3. 6 Oct 2015Approved
    Change of use to office

    Proposed change of use of the 2nd storey residential flat to office at 199a upper thomson road

  4. 3 May 2006Approved
    Change of use to health centre

    Retention use of shop premises on the 1st storey as health centre

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).

7

How does Upper Thomson Road price?

Strata sales on the street (5y)
7

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.

8

What do commercial rents run near Yew Lian 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 20 retail

Gross yield (area)
7.3%
6.5% net of property tax
Rent side (median of bands)
$228.09 psm/mo
2026Q3
Price side (strata, 5y)
$3,493 psf
20 sales

An INDICATIVE AREA yield for District 20 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 20 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$133.15$188.46$400.81
B1 & Below · 30 & Below$619.37$706.67$790.91
B1 & Below · >30 - 100$297.17$316.52$350.31
Level 1 · >30 - 100$70.71$96.43$227.01
Level 2 & 3 · >30 - 100$130.42$267.72$324.88
Level 1 · >100 - 300$68.64$87.36$129.01

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.

9

How many companies are registered at Yew Lian Park?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 Yew Lian Park

Where is Yew Lian Park?⌄

Yew Lian Park is at 199,199A Upper Thomson Road, in the Bishan planning area.

What is the tenure of Yew Lian Park?⌄

Yew Lian Park is freehold.

What have units at Yew Lian Park sold for?⌄

Across 1 recorded transaction, the median price is S$474 psf. The latest was in November 1999.

For agents · in the PropKaki app

The facts are here — now get the verdict on Yew Lian Park.

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

PropKaki
Tell me about Yew Lian Park — 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…