CommercialCOMMERCIAL & RESIDENTIALDistrict 12 · Novena

2 Balestier Road

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

2 Balestier Road is a commercial building in District 12 · Novena, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. ACRA records 508 live company registrations at this address.

1

What are the key facts about 2 Balestier Road?

Key takeaway2 Balestier Road is a commercial building in District 12 · Novena, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 12 · Novena
Address
Land area
17,792 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
508

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About 2 Balestier Road

2 Balestier Road is a commercial building in Novena (District 12). It is located along Balestier Road, Singapore 320002.

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

It occupies roughly 17,792 sqm of land with about 53,376 sqm of gross floor area.

508 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 615 m away (about a 10-minute walk). The closest bus stop (Opp Thomson Med Ctr) is 107 m away (about a 2-minute walk). Square 2 is 593 m away (about a 9-minute walk).

3

What is 2 Balestier Road zoned as?

Key takeaway2 Balestier Road sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

How does Balestier Road price?

Key takeawayAcross 45 strata sales on Balestier Road in the last 5 years, the median is $1,943 psf.
Strata sales on the street (5y)
45
Street median PSF (strata)
$1,943

Street figures cover strata deals only — land and strata PSF are not comparable.

5

What do commercial rents run near 2 Balestier Road?

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

Indicative area yield — District 12 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$97.03 psm/mo
2026Q2
Price side (strata, 5y)
$2,689 psf
57 sales

An INDICATIVE AREA yield for District 12 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 12 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$62.49$64.71$66.54
Level 1 · 30 & Below$63.21$75.71$98.74
Level 1 · >30 - 100$112.99$125.25$147.17
Level 1 · >100 - 300$102.41$118.35$120.63

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 2 Balestier Road?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 615 m away.

Getting around

Amenities nearby

Family Health Clinic & Surgery · 9 mEducational Institution · 34 mHotel · 83 mOpp Thomson Med Ctr · 107 mNovena Rise Pk · 141 mThomson Medical Centre · 175 mPlace Of Worship · 355 mNTUC Fairprice Co-operative Ltd · 415 mNovena MRT Exit A · 558 mSquare 2 · 593 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 2 Balestier Road?

Key takeawayACRA records 508 live company registrations at this address, 99 of them in the last three years.
Live registrations
508
Registered last 3 years
99
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.

8

Frequently asked questions about 2 Balestier Road

Where is 2 Balestier Road?

2 Balestier Road is at Balestier Road, Singapore 320002, in the Novena planning area.

What is 2 Balestier Road zoned as?

2 Balestier Road sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

Have there been any recorded transactions at 2 Balestier Road?

No caveats have been lodged for 2 Balestier Road in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 2 Balestier Road?

Novena MRT is the closest, 615 m away (about a 10-minute walk).

How many businesses are registered at 2 Balestier Road?

508 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 2 Balestier Road.

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

PropKaki
Tell me about 2 Balestier Road — 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…
Chat on WhatsApp