CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

558,558a Balestier Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026
Quick Summary

558,558a 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 Jun 2026. ACRA records 3 live company registrations at this address.

1

What are the key facts about 558,558a Balestier Road?

Key takeaway558,558a 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
558,558a Balestier Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
3
2

About 558,558a Balestier Road

558,558A Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329874.

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$3,841 psf. The most recent was in June 2026.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 711 m away (about a 11-minute walk). The closest bus stop (Aft Irrawaddy Rd) is 84 m away (about a 1-minute walk).

3

What is 558,558a Balestier Road zoned as?

Key takeaway558,558a 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 558,558a Balestier Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2026 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2026Shop HouseS$8.50M2,213 sqft$3,841

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 558,558a 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 558,558a Balestier Road?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 711 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Educational Institution · 71 mHotel · 72 mAft Irrawaddy Rd · 84 mPlace Of Worship · 143 mLivewell Medical Family Clinic · 180 mNovena Rise Pk · 331 mThomson Medical Centre · 413 mNovena MRT Exit A · 636 mToa Payoh West Community Club · 938 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 · 180 mSquare 2 · 682 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 558,558a Balestier Road?

Key takeawayACRA records 3 live company registrations at this address, 2 of them in the last three years.
Live registrations
3
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 558,558a Balestier Road

Where is 558,558A Balestier Road?

558,558A Balestier Road is at 558,558A Balestier Road, Singapore 329874, in the Novena planning area.

What is 558,558A Balestier Road zoned as?

558,558A 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 558,558A Balestier Road?

558,558A Balestier Road is freehold.

Is 558,558A Balestier Road a conserved property?

Yes. 558,558A Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 558,558A Balestier Road sold for?

Across 1 recorded transaction, the median price is S$3,841 psf. The latest was in June 2026.

What is the nearest MRT station to 558,558A Balestier Road?

Toa Payoh MRT is the closest, 711 m away (about a 11-minute walk).

How many businesses are registered at 558,558A 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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