304 Balestier Road
304 Balestier Road is a commercial building in District 12 · Novena. It is freehold. 1 transaction is on record since 1995, most recently in Jun 2007. ACRA records 0 live company registrations at this address.
What are the key facts about 304 Balestier Road?
- Asset class
- Commercial
- Land-use zone
- Not on record
- Gross plot ratio
- —
- Tenure
- Freehold
- District / Area
- District 12 · Novena
- Address
- 304 Balestier Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 304 Balestier Road
304 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329739.
The site is freehold.
1 transaction has been recorded here, at a median of S$1,071 psf. The most recent was in June 2007.
What has 304 Balestier Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2007 | Shop House | S$1.46M | 1,363 sqft | $1,071 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 304 Balestier Road rent for?
Retail space on Balestier Road
Street level · 2026Q3S$ 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 304 Balestier Road
- Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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 304 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.
- 25 Nov 2008ApprovedAdditions & alterations
Proposed additions & alterations to the existing 2-storey conservation building with an attic and rear extension up to 6-storey and proposed use as hotel comprising 63 guest rooms
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$54.50 per unit).
How does Balestier Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 304 Balestier Road?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ 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.
Who's registered at 304 Balestier Road?
- Wholesale and retail trade0
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
Frequently asked questions about 304 Balestier Road
Where is 304 Balestier Road?⌄
304 Balestier Road is at 304 Balestier Road, Singapore 329739, in the Novena planning area.
What is the tenure of 304 Balestier Road?⌄
304 Balestier Road is freehold.
What have units at 304 Balestier Road sold for?⌄
Across 1 recorded transaction, the median price is S$1,071 psf. The latest was in June 2007.
The facts are here — now get the verdict on 304 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.