CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 3 · Bukit Merah

Yong Siak View

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2014
Quick Summary

Yong Siak View is a commercial building in District 3 · Bukit Merah, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 1 transaction is on record since 1995, most recently in Jun 2014. 1 unit is currently listed for sale. ACRA records 1 live company registration at this address.

1

What are the key facts about Yong Siak View?

Key takeawayYong Siak View is a commercial building in District 3 · Bukit Merah, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 3 · Bukit Merah
Address
23 Yong Siak Street
Land area
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
1
2

About Yong Siak View

Yong Siak View is a mixed-use building in Bukit Merah (District 03). It is located along Yong Siak Street, Singapore 168652.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

The site is freehold.

1 transaction has been recorded here, at a median of S$2,078 psf. The most recent was in June 2014.

1 business is currently registered at this address with ACRA.

The nearest MRT is Tiong Bahru MRT, 466 m away (about a 7-minute walk). The closest bus stop (Blk 126 CP) is 133 m away (about a 2-minute walk).

3

What is Yong Siak View zoned as?

Key takeawayYong Siak View sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has Yong Siak View sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2014Shop HouseS$3.02M1,453 sqft$2,078

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 Yong Siak View?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 3 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$97.35 psm/mo
2026Q2
Price side (strata, 5y)
$3,219 psf
39 sales

An INDICATIVE AREA yield for District 3 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 3 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$95.98$132.22$183.14
Level 2 & 3 · 30 & Below$78.58$97.35$120.88
Level 1 · >30 - 100$79.82$93.70$105.25
Level 2 & 3 · >30 - 100$56.17$57.32$67.43
Level 2 & 3 · >100 - 300$169.34$207.58$229.29

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 Yong Siak View right now?

Key takeaway1 unit is currently listed at Yong Siak View. One row per unit; several agents often market the same unit.

For sale (1)

  • Prime Freehold Ground Floor Shophouse Tiong Bahru / Tanjong Pagar3 agentsS$6.20M · 1,453 sqft

Browse every listing at this building →

7

What is near Yong Siak View?

Key takeawayThe nearest MRT/LRT is Tiong Bahru MRT, about 467 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Kim Pong Park · 92 mFirsthealth Clinic & Surgery · 105 mBlk 126 CP · 133 mTiong Bahru Community Centre · 237 mBusiness Park · 267 mPlace Of Worship · 286 mEducational Institution · 334 mHotel · 447 mTiong Bahru MRT Exit A · 473 mSingapore General Hospital · 662 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 · 236 mTiong Bahru Market · 319 mTiong Bahru Plaza · 528 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Yong Siak View?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
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 Yong Siak View

Where is Yong Siak View?

Yong Siak View is at 23 Yong Siak Street, Singapore 168652, in the Bukit Merah planning area.

What is Yong Siak View zoned as?

Yong Siak View sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Yong Siak View?

Yong Siak View is freehold.

What have units at Yong Siak View sold for?

Across 1 recorded transaction, the median price is S$2,078 psf. The latest was in June 2014.

What is the nearest MRT station to Yong Siak View?

Tiong Bahru MRT is the closest, 466 m away (about a 7-minute walk).

How many businesses are registered at Yong Siak View?

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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This development is also registered as the residential project Yong Siak View.

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