CommercialCOMMERCIAL & RESIDENTIALConservationDistrict 12 · Novena

387,387a Balestier Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2003
Quick Summary

387,387a 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. 2 transactions are on record since 1995, most recently in Feb 2003. 1 unit is currently listed for sale. ACRA records 3 live company registrations at this address.

1

What are the key facts about 387,387a Balestier Road?

Key takeaway387,387a Balestier Road is a commercial building in District 12 · Novena, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 12 · Novena
Address
387,387a Balestier Road
Land area
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
3
2

About 387,387a Balestier Road

387,387A Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329795.

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.

2 transactions have been recorded here, at a median of S$950 psf. The most recent was in February 2003.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 861 m away (about a 14-minute walk). The closest bus stop (Opp Shaw Plaza) is 72 m away (about a 1-minute walk).

3

What is 387,387a Balestier Road zoned as?

Key takeaway387,387a 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
BCA-verified envelope: built 892 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has 387,387a Balestier Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Feb 2003 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2003Shop HouseS$2.80M3,210 sqft$872
Mar 2001Shop HouseS$3.30M3,210 sqft$1,028

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 387,387a 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 available at 387,387a Balestier Road right now?

Key takeaway1 unit is currently listed at 387,387a Balestier Road. One row per unit; several agents often market the same unit.

For sale (1)

  • A Pair of Shop Along Balestier RoadS$7.70M · 2,539 sqft

Browse every listing at this building →

8

What is near 387,387a Balestier Road?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 861 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 69 mProvidence Clinic @ Balestier · 71 mOpp Shaw Plaza · 72 mPlace Of Worship · 120 mEducational Institution · 377 mRen Ci Community Hospital · 510 mNovena MRT Exit A · 767 mWhampoa Community Club · 811 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 · 120 mBlks 91/92 Whampoa Drive # · 502 mSquare 2 · 813 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 387,387a Balestier Road?

Key takeawayACRA records 3 live company registrations at this address, 1 of them in the last three years.
Live registrations
3
Registered last 3 years
1
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.

10

What is 387,387a Balestier Road's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
355 kWh/m²·yr
11

Frequently asked questions about 387,387a Balestier Road

Where is 387,387A Balestier Road?

387,387A Balestier Road is at 387,387A Balestier Road, Singapore 329795, in the Novena planning area.

What is 387,387A Balestier Road zoned as?

387,387A Balestier Road sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

Is 387,387A Balestier Road a conserved property?

Yes. 387,387A Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 387,387A Balestier Road sold for?

Across 2 recorded transactions, the median price is S$950 psf. The latest was in February 2003.

What is the nearest MRT station to 387,387A Balestier Road?

Novena MRT is the closest, 861 m away (about a 14-minute walk).

How many businesses are registered at 387,387A Balestier Road?

3 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.

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