CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

457,459,461 Balestier Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2016

Quick Summary

457,459,461 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. 5 transactions are on record since 1995, most recently in Sept 2016. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 457,459,461 Balestier Road.

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What are the key facts about 457,459,461 Balestier Road?

Key takeaway457,459,461 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: 457,459,461 Balestier Road
Land area: —
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Transactions on record: 5 (records start 1995)
Live listings: None
ACRA registrations: 0

About 457,459,461 Balestier Road

457,459,461 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329833.

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.

5 transactions have been recorded here, at a median of S$1,119 psf. The most recent was in September 2016.

The nearest MRT is Toa Payoh MRT, 722 m away (about a 11-minute walk). The closest bus stop (Opp Public Mansion) is 42 m away (about a 1-minute walk).

What is 457,459,461 Balestier Road zoned as?

Key takeaway457,459,461 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 →

What has 457,459,461 Balestier Road sold for?

Key takeaway5 transactions are on record since 1995, most recently in Sept 2016 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2016	Shop House	S$8.20M	4,736 sqft	$1,731
Oct 2013	Shop House	S$7.55M	4,736 sqft	$1,594
Dec 2011	Shop House	S$5.30M	4,736 sqft	$1,119
Nov 2004	Shop House	S$3.30M	4,736 sqft	$697
Oct 2004	Shop House	S$3.41M	4,736 sqft	$720

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 457,459,461 Balestier Road rent for?

Key takeawayNo rent is published for 457,459,461 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).

Market context around 457,459,461 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.

What's been approved at 457,459,461 Balestier Road?

Key takeawayURA's planning decisions at 457,459,461 Balestier Road since 2000 are below. 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.

22 Mar 2023Approved
Additions & alterations
Amendment to approved proposed conservation and additions & alterations to existing 2-storey building with a new 6-storey rear extension with attic for shops & restaurants at 1st storey and residential flats (12 units) above at ts 29 on lots 00439a, 99670m, 99675a at 453, 455, 457, 459, 461, 461a balestier road (novena planning area)
24 Aug 2022Approved
Additions & alterations
Proposed conservation and additions & alterations to existing 2-storey building with a new 6-storey rear extension with attic for shops & restaurants at 1st storey and residential flats (12 units) above
23 Oct 2020Approved
Additions & alterations
Proposed conservation and additions & alterations to existing 2-storey building with a new 6-storey rear extension with attic for shops & restaurants at 1st storey and residential flats (12 units) above

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?

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)

Street median PSF (strata)

$2,070

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

What do commercial rents run near 457,459,461 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 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.

What is near 457,459,461 Balestier Road?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 722 m away — and 3 competing retail premisess operate nearby.

Getting around

Toa Payoh MRT722 m · ~11 min

Amenities nearby

Opp Public Mansion · 42 mCarelink Family Clinic · 52 mHotel · 95 mPlace Of Worship · 100 mEducational Institution · 300 mRen Ci Community Hospital · 436 mToa Payoh Town Pk · 490 mToa Payoh MRT Exit B · 687 mToa Payoh Central Community Club · 970 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 · 206 mBlks 91/92 Whampoa Drive # · 727 mSquare 2 · 750 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 457,459,461 Balestier Road

Key takeawayThe nearest station is Toa Payoh (NS19), 687 m away — a busy station, with about 76,000 taps in and out on an average weekday. 14 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 41% of retail buildings

nearest MRT/LRT Toa Payoh (NS19) 687 m, about 76,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 15,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 55,000 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)687 m · about 76,000 weekday taps
Novena (NS20)700 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 457,459,461 Balestier Road. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 15,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Jln Rama Rama (URA)134 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Minbu Rd Off St (URA)138 m
S$0.60 per half-hour at midday on a weekday · 111 car lots
Boon Teck Rd (URA)155 m
S$0.60 per half-hour at midday on a weekday · 6 car lots
Prome Rd (URA)181 m
S$0.60 per half-hour at midday on a weekday · 2 car lots
Shan Rd (URA)190 m
S$0.60 per half-hour at midday on a weekday · 11 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 457,459,461 Balestier Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 457,459,461 Balestier Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 457,459,461 Balestier Road as their registered address. These are registered businesses, not who occupies the space.

Health and social services
0

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 457,459,461 Balestier Road

Where is 457,459,461 Balestier Road?⌄

457,459,461 Balestier Road is at 457,459,461 Balestier Road, Singapore 329833, in the Novena planning area.

What is 457,459,461 Balestier Road zoned as?⌄

457,459,461 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 457,459,461 Balestier Road?⌄

457,459,461 Balestier Road is freehold.

Is 457,459,461 Balestier Road a conserved property?⌄

Yes. 457,459,461 Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 457,459,461 Balestier Road sold for?⌄

Across 5 recorded transactions, the median price is S$1,119 psf. The latest was in September 2016.

What is the nearest MRT station to 457,459,461 Balestier Road?⌄

Toa Payoh MRT is the closest, 722 m away (about a 11-minute walk).

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

F&B / nightlife: per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline, not a decision on any unit.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA circular DC23-08 (2 Oct 2023), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.