CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

414 Balestier Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2022
Quick Summary

414 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 Jul 2022. ACRA records 1 live company registration at this address.

1

What are the key facts about 414 Balestier Road?

Key takeaway414 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
414 Balestier Road
Land area
—
Completed
Not on record
Storeys
2 (© OpenStreetMap contributors)
Submarket
City Fringe
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 414 Balestier Road

414 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329806.

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$3,907 psf. The most recent was in July 2022.

1 business is currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 795 m away (about a 12-minute walk). The closest bus stop (Bef Balestier Plaza) is 81 m away (about a 1-minute walk).

3

What is 414 Balestier Road zoned as?

Key takeaway414 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 414 Balestier Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jul 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2022Shop HouseS$5.80M1,484 sqft$3,907

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

5

What does space at 414 Balestier Road rent for?

Key takeawayNo rent is published for 414 Balestier Road itself. On its street, Balestier Road, retail space rented at a median of $5.76 psf a month in 2026Q3, with the middle half of leases between $5.00 and $7.48. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Balestier Road

Street level · 2026Q3
25th pct
$5.00
$53.83 psm
Median
$5.76
$61.96 psm
75th pct
$7.48
$80.47 psm

S$ per sq ft per month · median -36.4% on a year earlier

2023Q4 · $68.99 psm2026Q3 · $61.96 psm median

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 · 2026Q3
25th pct
$4.86
$52.33 psm
Median
$4.98
$53.57 psm
75th pct
$5.81
$62.49 psm

S$ per sq ft per month · median +11% on a year earlier

2023Q4 · $46.50 psm2026Q3 · $53.57 psm median

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 · 2026Q3
25th pct
$5.52
$59.42 psm
Median
$6.71
$72.22 psm
75th pct
$8.97
$96.57 psm

S$ 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).

6

Market context around 414 Balestier Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

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.

7

What's been approved at 414 Balestier Road?

Key takeawayURA has approved 2 changes of use at 414 Balestier Road since 2000, most recently in 2021. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
F&B and nightlife here

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.

  1. 21 May 2025Renewed
    Continued use as restaurant

    Continued use of the 1st storey premises as restaurant

  2. 16 Jun 2021Approved
    Change of use to restaurant

    Proposed change of use of 1st storey premises to restaurant

  3. 26 Mar 2019Approved
    Change of use to office

    Proposed change of use of 2nd storey residential unit to office on lot 08862v mk17 at 414 balestier road (novena planning area)

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).

8

How does Balestier Road price?

Key takeawayAcross 45 strata sales on Balestier Road in the last 5 years, the median is $2,070 psf.
Strata sales on the street (5y)
45
Street median PSF (strata)
$2,070

Street figures cover strata deals only — land and strata PSF are not comparable.

9

What do commercial rents run near 414 Balestier Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 12 retail

Gross yield (area)
2.9%
2.6% net of property tax
Rent side (median of bands)
$72.22 psm/mo
2026Q3
Price side (strata, 5y)
$2,767 psf
54 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, 2026Q3)

Floor level · size band25th pctMedian75th 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.

10

What is near 414 Balestier Road?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 795 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 6 mHeal Balestier Clinic · 40 mPlace Of Worship · 52 mBef Balestier Plaza · 81 mEducational Institution · 440 mRen Ci Community Hospital · 530 mToa Payoh MRT Exit B · 759 mWhampoa Community Club · 839 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 · 156 mBlks 91/92 Whampoa Drive # · 552 mSquare 2 · 841 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 414 Balestier Road

Key takeawayThe nearest station is Toa Payoh (NS19), 759 m away — a busy station, with about 76,000 taps in and out on an average weekday. 16 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 39% of retail buildings

nearest MRT/LRT Toa Payoh (NS19) 759 m, about 76,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 17,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 58,000 residents within 1 km (June 2026); 2 other malls 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

  • Toa Payoh (NS19)759 m · about 76,000 weekday taps
  • Novena (NS20)794 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 414 Balestier Road. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Boon Teck Rd (URA)47 m
    S$0.60 per half-hour at midday on a weekday · 6 car lots
  • Prome Rd (URA)50 m
    S$0.60 per half-hour at midday on a weekday · 2 car lots
  • Minbu Rd Off St (URA)114 m
    S$0.60 per half-hour at midday on a weekday · 111 car lots
  • Bhamo Rd (URA)129 m
    S$0.60 per half-hour at midday on a weekday · 9 car lots
  • Jln Rama Rama (URA)155 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 414 Balestier Road's own car park, if it has one, and its charges are not in the open data.

12

How many companies are registered at 414 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.

13

Frequently asked questions about 414 Balestier Road

Where is 414 Balestier Road?⌄

414 Balestier Road is at 414 Balestier Road, Singapore 329806, in the Novena planning area.

What is 414 Balestier Road zoned as?⌄

414 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 414 Balestier Road?⌄

414 Balestier Road is freehold.

Is 414 Balestier Road a conserved property?⌄

Yes. 414 Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 414 Balestier Road sold for?⌄

Across 1 recorded transaction, the median price is S$3,907 psf. The latest was in July 2022.

What is the nearest MRT station to 414 Balestier Road?⌄

Toa Payoh MRT is the closest, 795 m away (about a 12-minute walk).

How many businesses are registered at 414 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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