CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

Balestier Hotel

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2021
Quick Summary

Balestier Hotel 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 May 2021. ACRA records 1 live company registration at this address.

1

What are the key facts about Balestier Hotel?

Key takeawayBalestier Hotel 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
471,471a,473,473aetc Balestier Road
Land area
358 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About Balestier Hotel

Balestier Hotel is a commercial building in Novena (District 12). It is located along Balestier Road, Singapore 329843.

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 358 sqm of land with about 1,078 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$1,447 psf. The most recent was in May 2021.

1 business is currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 698 m away (about a 11-minute walk). The closest bus stop (Opp Public Mansion) is 91 m away (about a 1-minute walk).

3

What is Balestier Hotel zoned as?

Key takeawayBalestier Hotel 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
BCA-verified envelope: allowable GFA 1,074 sqm · built 963 sqm · headroom 111 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Balestier Hotel sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2021Shop HouseS$15.00M10,366 sqft$1,447

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 46 strata sales on Balestier Road in the last 5 years, the median is $1,951 psf.
Strata sales on the street (5y)
46
Street median PSF (strata)
$1,951

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

6

What do commercial rents run near Balestier Hotel?

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)
3.9%
3.5% net of property tax
Rent side (median of bands)
$97.03 psm/mo
2026Q2
Price side (strata, 5y)
$2,767 psf
52 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 Balestier Hotel?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 698 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 50 mPlace Of Worship · 78 mCarelink Family Clinic · 87 mOpp Public Mansion · 91 mEducational Institution · 264 mRen Ci Community Hospital · 433 mToa Payoh Town Pk · 469 mToa Payoh MRT Exit B · 663 mToa Payoh Central Community Club · 962 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 · 157 mSquare 2 · 744 mBlks 91/92 Whampoa Drive # · 775 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Balestier Hotel?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Sole Proprietorship/ Partnership

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

What is Balestier Hotel's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
121 kWh/m²·yr
10

Frequently asked questions about Balestier Hotel

Where is Balestier Hotel?⌄

Balestier Hotel is at 471,471A,473,473Aetc Balestier Road, Singapore 329843, in the Novena planning area.

What is Balestier Hotel zoned as?⌄

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

What is the tenure of Balestier Hotel?⌄

Balestier Hotel is freehold.

Is Balestier Hotel a conserved property?⌄

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

What have units at Balestier Hotel sold for?⌄

Across 1 recorded transaction, the median price is S$1,447 psf. The latest was in May 2021.

What is the nearest MRT station to Balestier Hotel?⌄

Toa Payoh MRT is the closest, 698 m away (about a 11-minute walk).

How many businesses are registered at Balestier Hotel?⌄

1 business is 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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