Hillview Building
Hillview Building is a industrial building in District 23 · Bukit Batok, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.62. It is freehold. 39 transactions are on record since 1995, most recently in Feb 2025. ACRA records 128 live company registrations at this address.
What are the key facts about Hillview Building?
- Asset class
- Industrial
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 1.62
- Tenure
- Freehold
- District / Area
- District 23 · Bukit Batok
- Address
- 48 Hillview Terrace
- Land area
- 3,669 sqm
- Transactions on record
- 39 (records start 1995)
- Live listings
- None
- ACRA registrations
- 128
About Hillview Building
Hillview Building is a mixed-use building in Bukit Batok (District 23). It is located along Hillview Terrace, Singapore 669269.
Under the URA Master Plan the site is zoned Residential with a gross plot ratio of 1.62.
The site is freehold. It sits on about 3,669 sqm of land with roughly 5,944 sqm of gross floor area.
39 transactions have been recorded here, at a median of S$540 psf. The most recent was in February 2025.
Across JTC's rental returns for Hillview Terrace, the median rent for industrial space on this street works out to about S$1.33 psf per month over 95 observations. Observed medians on the street span S$0.46 to S$2.67 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
The nearest port or airport land is about 5.9 km away. The closest business-park zone is about 2.6 km away. The nearest MRT is Bukit Gombak MRT, 906 m away (about a 14-minute walk). The closest bus stop (Opp Blk 258) is 200 m away (about a 3-minute walk).
128 businesses are currently registered at this address with ACRA.
What is Hillview Building zoned as?
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 1.62
What has Hillview Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Feb 2025 | Multiple-user Factory | S$1.45M | 2,034 sqft | $712 |
| Jun 2024 | Multiple-user Factory | S$1.13M | 1,464 sqft | $772 |
| May 2024 | Multiple-user Factory | S$1.10M | 1,464 sqft | $751 |
| Feb 2024 | Multiple-user Factory | S$1.42M | 2,034 sqft | $700 |
| Feb 2024 | Multiple-user Factory | S$975k | 1,464 sqft | $666 |
| Aug 2022 | Multiple-user Factory | S$1.04M | 1,475 sqft | $705 |
| Dec 2021 | Multiple-user Factory | S$800k | 1,464 sqft | $546 |
| Sept 2021 | Multiple-user Factory | S$1.62M | 2,486 sqft | $652 |
| Mar 2021 | Multiple-user Factory | S$1.20M | 2,034 sqft | $588 |
| Feb 2021 | Multiple-user Factory | S$1.00M | 2,034 sqft | $492 |
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.
How does Hillview Terrace price?
An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Street figures cover strata deals only — land and strata PSF are not comparable.
What is near Hillview Building?
Getting around
- Bukit Gombak MRT906 m · ~14 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Hillview Building?
- Live registrations
- 128
- Registered last 3 years
- 40
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.
What does industrial space rent for on this street?
- Street rent, median
- S$14.32 psm/mo
- Observed range
- S$4.90 – S$28.69
JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.
Frequently asked questions about Hillview Building
Where is Hillview Building?⌄
Hillview Building is at 48 Hillview Terrace, Singapore 669269, in the Bukit Batok planning area.
What is Hillview Building zoned as?⌄
Hillview Building is zoned Residential under the URA Master Plan, with a gross plot ratio of 1.62.
What is the tenure of Hillview Building?⌄
Hillview Building is freehold.
What have units at Hillview Building sold for?⌄
Across 39 recorded transactions, the median is S$540 psf. The latest was in February 2025.
What does industrial space near Hillview Building rent for?⌄
JTC's rental returns for Hillview Terrace put the median at about S$1.33 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Hillview Terrace, not a rent quoted for Hillview Building itself.
What is the nearest MRT station to Hillview Building?⌄
Bukit Gombak MRT is the closest, 906 m away (about a 14-minute walk).
How many businesses are registered at Hillview Building?⌄
128 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Hillview Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.