250 Balestier Road
250 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 Aug 2005. ACRA records 2 live company registrations at this address.
What are the key facts about 250 Balestier Road?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 12 · Novena
- Address
- 250 Balestier Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Submarket
- City Fringe
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 2
About 250 Balestier Road
250 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329709.
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$837 psf. The most recent was in August 2005.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Boon Keng MRT, 989 m away (about a 16-minute walk). The closest bus stop (Bef Blk 104) is 51 m away (about a 1-minute walk).
What is 250 Balestier Road zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Conservation area
- Balestier
- Conserved building
- Yes
What has 250 Balestier Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2005 | Shop House | S$1.40M | 1,673 sqft | $837 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 250 Balestier Road rent for?
Retail space on Balestier Road
Street level · 2026Q3S$ per sq ft per month · median -36.4% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Office space on Balestier Road
Street level · 2026Q3S$ per sq ft per month · median +11% on a year earlier
URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 12 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 12 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around 250 Balestier Road
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
What's been approved at 250 Balestier Road?
URA does not approve new eating houses (restaurants, coffee shops, cafes) here; an existing one's permission may be renewed.
Per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
How does Balestier Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 250 Balestier Road?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $52.08 | $72.22 | $91.29 |
| Level 2 & 3 · 30 & Below | $101.58 | $129.23 | $143.22 |
| Level 2 & 3 · >30 - 100 | $59.42 | $63.94 | $96.57 |
| Level 1 · >30 - 100 | $74.07 | $96.87 | $116.31 |
| Level 1 · >100 - 300 | $48.14 | $55.10 | $60.66 |
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.
What is near 250 Balestier Road?
Getting around
- Boon Keng MRT989 m · ~16 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 250 Balestier Road
nearest MRT/LRT Farrer Park (NE8) 949 m, about 57,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 20,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 54,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Farrer Park (NE8)949 m · about 57,000 weekday taps
- Boon Keng (NE9)960 m · about 51,000 weekday taps
- Novena (NS20)968 m · about 85,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 250 Balestier Road. Transfers between lines don't tap, so interchanges read low.
Bus
6 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Balestier Rd (URA)33 mS$0.60 per half-hour at midday on a weekday · 5 car lots
- Blk 104 Whampoa Drive (HDB)127 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 79 car lots
- Blk 92 Whampoa Drive (HDB)138 mS$0.60 per half-hour at midday on a weekday · 131 car lots
- Blk 98A Whampoa Drive (HDB)183 mS$0.60 per half-hour at midday on a weekday · gantry 2 m · 402 car lots
- Blk 90 Whampoa Drive (HDB)204 mS$0.60 per half-hour at midday on a weekday · 59 car lots
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.
Public car parks only, by straight-line distance, with the operator's published rates. 250 Balestier Road's own car park, if it has one, and its charges are not in the open data.
How many companies are registered at 250 Balestier Road?
- Live registrations
- 2
- Registered last 3 years
- 0
- Most common type
- Sole Proprietorship/ Partnership
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.
Frequently asked questions about 250 Balestier Road
Where is 250 Balestier Road?⌄
250 Balestier Road is at 250 Balestier Road, Singapore 329709, in the Novena planning area.
What is 250 Balestier Road zoned as?⌄
250 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 250 Balestier Road?⌄
250 Balestier Road is freehold.
Is 250 Balestier Road a conserved property?⌄
Yes. 250 Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at 250 Balestier Road sold for?⌄
Across 1 recorded transaction, the median price is S$837 psf. The latest was in August 2005.
What is the nearest MRT station to 250 Balestier Road?⌄
Boon Keng MRT is the closest, 989 m away (about a 16-minute walk).
How many businesses are registered at 250 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.
The facts are here — now get the verdict on 250 Balestier Road.
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.