CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

292,292a Balestier Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2017
Quick Summary

292,292a 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. 3 transactions are on record since 1995, most recently in Sept 2017. ACRA records 5 live company registrations at this address.

1

What are the key facts about 292,292a Balestier Road?

Key takeaway292,292a 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
292,292a Balestier Road
Land area
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
5
2

About 292,292a Balestier Road

292,292A Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329733.

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.

3 transactions have been recorded here, at a median of S$2,250 psf. The most recent was in September 2017.

5 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT Exit A, 947 m away (about a 15-minute walk). The closest bus stop (Opp Balestier Pt) is 11 m away (about a 0-minute walk).

3

What is 292,292a Balestier Road zoned as?

Key takeaway292,292a 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

Run the full zoning report for this building →

4

What has 292,292a Balestier Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Sept 2017 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2017Shop HouseS$4.30M1,422 sqft$3,024
Apr 2012Shop HouseS$3.20M1,422 sqft$2,250
Jan 2011Shop HouseS$2.00M1,422 sqft$1,407

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 292,292a 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 near 292,292a Balestier Road?

Amenities nearby

Opp Balestier Pt · 11 mHotel · 24 mTham Clinic · 68 mPlace Of Worship · 85 mEducational Institution · 406 mWhampoa Community Club · 541 mTan Tock Seng Hospital · 649 mNovena MRT Exit A · 947 mKallang Polyclinic · 975 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 · 122 mBlks 91/92 Whampoa Drive # · 159 mSquare 2 · 982 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 292,292a Balestier Road?

Key takeawayACRA records 5 live company registrations at this address, 2 of them in the last three years.
Live registrations
5
Registered last 3 years
2
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.

9

Frequently asked questions about 292,292a Balestier Road

Where is 292,292A Balestier Road?

292,292A Balestier Road is at 292,292A Balestier Road, Singapore 329733, in the Novena planning area.

What is 292,292A Balestier Road zoned as?

292,292A 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 292,292A Balestier Road?

292,292A Balestier Road is freehold.

Is 292,292A Balestier Road a conserved property?

Yes. 292,292A Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 292,292A Balestier Road sold for?

Across 3 recorded transactions, the median price is S$2,250 psf. The latest was in September 2017.

What is the nearest MRT station to 292,292A Balestier Road?

Novena MRT Exit A is the closest, 947 m away (about a 15-minute walk).

How many businesses are registered at 292,292A Balestier Road?

5 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on 292,292a Balestier Road.

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

PropKaki
Tell me about 292,292a Balestier 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