CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

244,246 Balestier Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2009
Quick Summary

244,246 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. It is freehold. 1 transaction is on record since 1995, most recently in Apr 2009. 1 unit is currently listed for rent. ACRA records 2 live company registrations at this address.

1

What are the key facts about 244,246 Balestier Road?

Key takeaway244,246 Balestier Road is a commercial building in District 12 · Novena, zoned COMMERCIAL & RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 12 · Novena
Address
244,246 Balestier Road
Land area
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
2
2

About 244,246 Balestier Road

244,246 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329706.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold.

1 transaction has been recorded here, at a median of S$2,339 psf. The most recent was in April 2009.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Boon Keng MRT, 981 m away (about a 15-minute walk). The closest bus stop (Bef Blk 104) is 30 m away (about a 0-minute walk).

3

What is 244,246 Balestier Road zoned as?

Key takeaway244,246 Balestier Road sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Conservation area
Balestier
Conserved building
Yes
BCA-verified envelope: built 993 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has 244,246 Balestier Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2009Shop HouseS$8.35M3,569 sqft$2,339

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

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.

6

What do commercial rents run near 244,246 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.

7

What is available at 244,246 Balestier Road right now?

Key takeaway1 unit is currently listed at 244,246 Balestier Road. One row per unit; several agents often market the same unit.

For rent (1)

  • 246 Balestier Road, 329706S$13k/mo · 2,760 sqft

Browse every listing at this building →

8

What is near 244,246 Balestier Road?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 981 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 30 mBef Blk 104 · 30 mPlace Of Worship · 33 mHeal Medical Centre · 55 mEducational Institution · 308 mWhampoa Community Club · 579 mTan Tock Seng Hospital · 613 mKallang Polyclinic · 836 mFarrer Park MRT Exit B · 927 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Semper Fidelis Fine Foods Private Limited · 50 mBlks 91/92 Whampoa Drive # · 221 mSquare 2 · 997 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 244,246 Balestier Road?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
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.

10

What is 244,246 Balestier Road's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
147 kWh/m²·yr
11

Frequently asked questions about 244,246 Balestier Road

Where is 244,246 Balestier Road?

244,246 Balestier Road is at 244,246 Balestier Road, Singapore 329706, in the Novena planning area.

What is 244,246 Balestier Road zoned as?

244,246 Balestier Road sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 244,246 Balestier Road?

244,246 Balestier Road is freehold.

Is 244,246 Balestier Road a conserved property?

Yes. 244,246 Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 244,246 Balestier Road sold for?

Across 1 recorded transaction, the median price is S$2,339 psf. The latest was in April 2009.

What is the nearest MRT station to 244,246 Balestier Road?

Boon Keng MRT is the closest, 981 m away (about a 15-minute walk).

How many businesses are registered at 244,246 Balestier Road?

2 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.

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