CommercialRESIDENTIALConservationFreeholdDistrict 12 · Novena

7 Martaban Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2011
Quick Summary

7 Martaban Road is a commercial building in District 12 · Novena, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 2 transactions are on record since 1995, most recently in Aug 2011. ACRA records 0 live company registrations at this address.

1

What are the key facts about 7 Martaban Road?

Key takeaway7 Martaban Road is a commercial building in District 12 · Novena, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Freehold
District / Area
District 12 · Novena
Address
7 Martaban Road
Land area
—
Completed
Not on record
Storeys
3 (© OpenStreetMap contributors)
Submarket
City Fringe
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 7 Martaban Road

7 Martaban Road is a mixed-use property in Novena (District 12). It is located along Martaban Road, Singapore 328637.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold.

2 transactions have been recorded here, at a median of S$1,302 psf. The most recent was in August 2011.

The nearest MRT is Novena MRT, 897 m away (about a 14-minute walk). The closest bus stop (Aft Pegu Rd) is 49 m away (about a 1-minute walk).

3

What is 7 Martaban Road zoned as?

Key takeaway7 Martaban Road sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8, with conservation status.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Conservation area
Balestier
Conserved building
Yes

Run the full zoning report for this building →

4

What has 7 Martaban Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2011Shop HouseS$3.20M1,566 sqft$2,043
Jun 2005Shop HouseS$880k1,566 sqft$562

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 7 Martaban Road rent for?

Key takeawayNo street- or building-level rent is published here. Across District 12 retail, retail space rented at a median of $6.71 psf a month in 2026Q3, with the middle half of leases between $5.52 and $8.97. That is not this building's own rent, and never a quote for a particular unit.

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 7 Martaban 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 7 Martaban Road?

Key takeawayURA's planning decisions at 7 Martaban 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.
  1. 22 Apr 2013Approved
    Additions & alterations

    Proposed amendment, including an addition 3rd storey at the rear to the approved additions and alterations of the existing 2-storey conserved terrace dwelling house with an attic.

  2. 4 Jul 2012Approved
    Additions & alterations

    Proposed additions & alterations to the existing 2-storey conserved intermediate terrace dwelling house with an attic and a new roof terrace at the rear

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

What do commercial rents run near 7 Martaban 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.

9

What is near 7 Martaban Road?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 897 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Aft Pegu Rd · 49 mParkwayHealth Primary Care Network · 105 mPlace Of Worship · 112 mHotel · 136 mEducational Institution · 299 mTan Tock Seng Hospital · 575 mWhampoa Community Club · 679 mNovena MRT Exit A · 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 · 177 mBlks 91/92 Whampoa Drive # · 318 mSquare 2 · 851 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 7 Martaban Road

Key takeawayThe nearest station is Novena (NS20), 812 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. 22 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 30% of retail buildings

nearest MRT/LRT Novena (NS20) 812 m, about 85,000 taps a weekday; bus stops within 400 m: 8, about 21,000 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

  • Novena (NS20)812 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 7 Martaban Road. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Martaban Rd (URA)18 m
    S$0.60 per half-hour at midday on a weekday · 16 car lots
  • Balestier Road Area (URA)73 m
    season S$90/month
  • Mandalay Rd (URA)136 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Minbu Rd (URA)138 m
    S$0.60 per half-hour at midday on a weekday · 3 car lots
  • Bhamo Rd (URA)207 m
    S$0.60 per half-hour at midday on a weekday · 9 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 7 Martaban Road's own car park, if it has one, and its charges are not in the open data.

11

Who's registered at 7 Martaban Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 7 Martaban Road as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    0
  • Professional, scientific and technical 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.

12

Frequently asked questions about 7 Martaban Road

Where is 7 Martaban Road?⌄

7 Martaban Road is at 7 Martaban Road, Singapore 328637, in the Novena planning area.

What is 7 Martaban Road zoned as?⌄

7 Martaban Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of 7 Martaban Road?⌄

7 Martaban Road is freehold.

Is 7 Martaban Road a conserved property?⌄

Yes. 7 Martaban Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 7 Martaban Road sold for?⌄

Across 2 recorded transactions, the median price is S$1,302 psf. The latest was in August 2011.

What is the nearest MRT station to 7 Martaban Road?⌄

Novena MRT is the closest, 897 m away (about a 14-minute walk).

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