CommercialRESIDENTIALConservationFreeholdDistrict 12 · Novena

25 Martaban Road

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

25 Martaban Road is a commercial building in District 12 · Novena, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 3 transactions are on record since 1995, most recently in Feb 2009. ACRA records 0 live company registrations at this address.

1

What are the key facts about 25 Martaban Road?

Key takeaway25 Martaban Road is a commercial building in District 12 · Novena, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Freehold
District / Area
District 12 · Novena
Address
25 Martaban Road
Land area
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 25 Martaban Road

25 Martaban Road is a mixed-use property in Novena (District 12). It is located along Martaban Road, Singapore 328649.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold.

3 transactions have been recorded here, at a median of S$854 psf. The most recent was in February 2009.

The nearest MRT is Novena MRT, 853 m away (about a 13-minute walk). The closest bus stop (Aft Pegu Rd) is 97 m away (about a 2-minute walk).

3

What is 25 Martaban Road zoned as?

Key takeaway25 Martaban Road sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8, with conservation status.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Conservation area
Balestier
Conserved building
Yes

Run the full zoning report for this building →

4

What has 25 Martaban Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Feb 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2009Shop HouseS$2.00M1,568 sqft$1,275
Dec 2004Shop HouseS$1.10M1,568 sqft$701
Sept 1997Shop HouseS$1.34M1,568 sqft$854

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 25 Martaban 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 25 Martaban Road?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 853 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Aft Pegu Rd · 97 mParkwayHealth Primary Care Network · 125 mPlace Of Worship · 156 mHotel · 162 mEducational Institution · 251 mTan Tock Seng Hospital · 527 mWhampoa Community Club · 718 mNovena MRT Exit A · 769 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 · 211 mBlks 91/92 Whampoa Drive # · 349 mSquare 2 · 808 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 25 Martaban 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.

8

Frequently asked questions about 25 Martaban Road

Where is 25 Martaban Road?

25 Martaban Road is at 25 Martaban Road, Singapore 328649, in the Novena planning area.

What is 25 Martaban Road zoned as?

25 Martaban Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of 25 Martaban Road?

25 Martaban Road is freehold.

Is 25 Martaban Road a conserved property?

Yes. 25 Martaban Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 25 Martaban Road sold for?

Across 3 recorded transactions, the median price is S$854 psf. The latest was in February 2009.

What is the nearest MRT station to 25 Martaban Road?

Novena MRT is the closest, 853 m away (about a 13-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on 25 Martaban Road.

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

PropKaki
Tell me about 25 Martaban 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