CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

Ascent @ 456

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2025
Quick Summary

Ascent @ 456 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. 10 transactions are on record since 1995, most recently in Sept 2025. 25 units are currently listed for sale or rent. ACRA records 20 live company registrations at this address.

1

What are the key facts about Ascent @ 456?

Key takeawayAscent @ 456 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
456 Balestier Road
Land area
996 sqm
Transactions on record
10 (records start 1995)
Live listings
25
ACRA registrations
20
2

About Ascent @ 456

Ascent @ 456 is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329832.

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. It occupies roughly 996 sqm of land with about 2,987 sqm of gross floor area.

10 transactions have been recorded here, at a median of S$2,718 psf. The most recent was in September 2025.

20 businesses are currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 680 m away (about a 11-minute walk). The closest bus stop (Opp Public Mansion) is 59 m away (about a 1-minute walk).

3

What is Ascent @ 456 zoned as?

Key takeawayAscent @ 456 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

Run the full zoning report for this building →

4

What has Ascent @ 456 sold for?

Key takeawayAcross 10 recorded transactions since 1995, the median price is about S$1.17M, most recently in Sept 2025.
DateUsePriceAreaPSF
Sept 2025RetailS$1.24M441 sqft$2,801
Jul 2025RetailS$1.10M409 sqft$2,689
May 2025RetailS$1.15M420 sqft$2,747
Apr 2025OfficeS$838k269 sqft$3,114
Apr 2025RetailS$2.24M904 sqft$2,480
Apr 2025RetailS$1.56M549 sqft$2,838
Mar 2025OfficeS$1.20M452 sqft$2,643
Nov 2024OfficeS$988k377 sqft$2,622
Apr 2014RetailS$2.30M635 sqft$3,622
Jul 2001Shop HouseS$1.10M1,378 sqft$798

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 Ascent @ 456?

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 available at Ascent @ 456 right now?

Key takeaway25 units are currently listed at Ascent @ 45614 for sale and 11 for rent. One row per unit; several agents often market the same unit.

For sale (14)

  • Ascent @ 45616 agentsS$1.49M · 538 sqft
  • Ascent @ 4566 agentsS$3.39M · 969 sqft
  • Ascent @ 4562 agentsS$1.13M · 409 sqft
  • Ascent @ 4562 agentsS$2.92M · 924 sqft

For rent (11)

  • Ascent @ 456S$4k/mo · 452 sqft
  • Ascent @ 456S$3k/mo · 420 sqft
  • Ascent @ 456S$4k/mo · 441 sqft
  • Ascent @ 456S$3k/mo · 269 sqft

Browse every listing at this building →

8

What is near Ascent @ 456?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 680 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Public Mansion · 59 mPlace Of Worship · 76 mHotel · 85 mCarelink Family Clinic · 100 mEducational Institution · 336 mToa Payoh Town Pk · 447 mRen Ci Community Hospital · 489 mToa Payoh MRT Exit B · 644 mToa Payoh Central Community Club · 919 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 · 214 mBlks 91/92 Whampoa Drive # · 724 mSquare 2 · 802 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Ascent @ 456?

Key takeawayACRA records 20 live company registrations at this address, 9 of them in the last three years.
Live registrations
20
Registered last 3 years
9
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.

10

Frequently asked questions about Ascent @ 456

Where is Ascent @ 456?

Ascent @ 456 is at 456 Balestier Road, Singapore 329832, in the Novena planning area.

What is Ascent @ 456 zoned as?

Ascent @ 456 sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Ascent @ 456?

Ascent @ 456 is freehold.

Is Ascent @ 456 a conserved property?

Yes. Ascent @ 456 falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Ascent @ 456 sold for?

Across 10 recorded transactions, the median price is S$2,718 psf. The latest was in September 2025.

What is the nearest MRT station to Ascent @ 456?

Toa Payoh MRT is the closest, 680 m away (about a 11-minute walk).

How many businesses are registered at Ascent @ 456?

20 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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