571 Balestier Road
571 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 leasehold with roughly 33 years remaining. 1 transaction is on record since 1995, most recently in Dec 2011. 1 unit is currently listed for sale. ACRA records 2 live company registrations at this address.
What are the key facts about 571 Balestier Road?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Leasehold
- District / Area
- District 12 · Novena
- Address
- 571 Balestier Road
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 2
About 571 Balestier Road
571 Balestier Road is a commercial property in Novena (District 12). It is located along Balestier Road, Singapore 329887.
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 leasehold, with about 33 years remaining on the lease.
1 transaction has been recorded here, at a median of S$734 psf. The most recent was in December 2011.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Novena MRT, 662 m away (about a 10-minute walk). The closest bus stop (Aft Irrawaddy Rd) is 10 m away (about a 0-minute walk).
What is 571 Balestier Road zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Conservation area
- Balestier
- Conserved building
- Yes
What has 571 Balestier Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2011 | Shop House | S$1.31M | 1,785 sqft | $734 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Balestier Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 571 Balestier Road?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is available at 571 Balestier Road right now?
For sale (1)
- Conservation shophouse at Balestier Road (approved for Karaoke nightclub usage) for SALES$3.29M · 3,500 sqft
What is near 571 Balestier Road?
Getting around
- Novena MRT662 m · ~10 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at 571 Balestier Road?
- Live registrations
- 2
- 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.
Frequently asked questions about 571 Balestier Road
Where is 571 Balestier Road?⌄
571 Balestier Road is at 571 Balestier Road, Singapore 329887, in the Novena planning area.
What is 571 Balestier Road zoned as?⌄
571 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 571 Balestier Road?⌄
571 Balestier Road is leasehold. About 33 years remain on the lease.
Is 571 Balestier Road a conserved property?⌄
Yes. 571 Balestier Road falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at 571 Balestier Road sold for?⌄
Across 1 recorded transaction, the median price is S$734 psf. The latest was in December 2011.
What is the nearest MRT station to 571 Balestier Road?⌄
Novena MRT is the closest, 662 m away (about a 10-minute walk).
How many businesses are registered at 571 Balestier Road?⌄
2 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.
The facts are here — now get the verdict on 571 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.