CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

Balestier Hotel

Reviewed by Nathan TangUpdated 10 August 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 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 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)
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 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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