CommercialDistrict 12 · Novena

227 Balestier Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2000
Quick Summary

227 Balestier Road is a commercial building in District 12 · Novena. 1 transaction is on record since 1995, most recently in Sept 2000. ACRA records 0 live company registrations at this address.

1

What are the key facts about 227 Balestier Road?

Key takeaway227 Balestier Road is a commercial building in District 12 · Novena.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
Tenure
Not on record
District / Area
District 12 · Novena
Address
227 Balestier Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 227 Balestier Road

227 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329689.

1 transaction has been recorded here, at a median of S$2,817 psf. The most recent was in September 2000.

3

What has 227 Balestier Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Sept 2000 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2000Shop HouseS$15.50M5,503 sqft$2,817

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.

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 227 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

How many companies are registered at 227 Balestier Road?

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.

7

Frequently asked questions about 227 Balestier Road

Where is 227 Balestier Road?

227 Balestier Road is at 227 Balestier Road, Singapore 329689, in the Novena planning area.

What have units at 227 Balestier Road sold for?

Across 1 recorded transaction, the median price is S$2,817 psf. The latest was in September 2000.

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