CommercialHOTELConservationDistrict 12 · Novena

255 - 261 Odd Balestier Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2002
Quick Summary

255 - 261 Odd Balestier Road is a commercial building in District 12 · Novena, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 3.0. 1 transaction is on record since 1995, most recently in Dec 2002. ACRA records 1 live company registration at this address.

1

What are the key facts about 255 - 261 Odd Balestier Road?

Key takeaway255 - 261 Odd Balestier Road is a commercial building in District 12 · Novena, zoned HOTEL.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 12 · Novena
Address
255 - 261 Odd Balestier Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 255 - 261 Odd Balestier Road

255 - 261 Odd Balestier Road is a commercial property in Novena (District 12). It is located along - 261 Odd Balestier Road, Singapore 329710.

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

1 transaction has been recorded here, at a median of S$649 psf. The most recent was in December 2002.

1 business is currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 997 m away (about a 16-minute walk). The closest bus stop (Bef Blk 104) is 73 m away (about a 1-minute walk).

3

What is 255 - 261 Odd Balestier Road zoned as?

Key takeaway255 - 261 Odd Balestier Road sits on land zoned HOTEL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
HOTEL
Gross plot ratio
3.0
Conservation area
Balestier

Run the full zoning report for this building →

4

What has 255 - 261 Odd Balestier Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2002 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2002Shop HouseS$2.20M3,391 sqft$649

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 255 - 261 Odd 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 255 - 261 Odd Balestier Road?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 997 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mPlace Of Worship · 9 mHeal Medical Centre · 68 mBef Blk 104 · 73 mEducational Institution · 363 mTan Tock Seng Hospital · 584 mWhampoa Community Club · 599 mKallang Polyclinic · 890 mNovena MRT Exit A · 925 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 · 63 mBlks 91/92 Whampoa Drive # · 225 mSquare 2 · 955 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 255 - 261 Odd Balestier Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
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.

8

Frequently asked questions about 255 - 261 Odd Balestier Road

Where is 255 - 261 Odd Balestier Road?

255 - 261 Odd Balestier Road is at 255 - 261 Odd Balestier Road, Singapore 329710, in the Novena planning area.

What is 255 - 261 Odd Balestier Road zoned as?

255 - 261 Odd Balestier Road sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 3.

Is 255 - 261 Odd Balestier Road a conserved property?

Yes. 255 - 261 Odd Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 255 - 261 Odd Balestier Road sold for?

Across 1 recorded transaction, the median price is S$649 psf. The latest was in December 2002.

What is the nearest MRT station to 255 - 261 Odd Balestier Road?

Novena MRT is the closest, 997 m away (about a 16-minute walk).

How many businesses are registered at 255 - 261 Odd Balestier Road?

1 business is 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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