CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 12 · Novena

Balestier Plaza

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2026
Quick Summary

Balestier Plaza 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. 47 transactions are on record since 1995, most recently in Apr 2026. 11 units are currently listed for sale or rent. ACRA records 131 live company registrations at this address.

1

What are the key facts about Balestier Plaza?

Key takeawayBalestier Plaza 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
400 Balestier Road
Land area
5,507 sqm
Transactions on record
47 (records start 1995)
Live listings
11
ACRA registrations
131
2

About Balestier Plaza

Balestier Plaza is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329802.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.

The site is freehold. It occupies roughly 5,507 sqm of land with about 16,522 sqm of gross floor area.

47 transactions have been recorded here, at a median of S$981 psf. The most recent was in April 2026.

131 businesses are currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 830 m away (about a 13-minute walk). The closest bus stop (Opp Shaw Plaza) is 87 m away (about a 1-minute walk).

3

What is Balestier Plaza zoned as?

Key takeawayBalestier Plaza sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
BCA-verified envelope: allowable GFA 16,521 sqm · built 8,199 sqm · headroom 8,322 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 Plaza sold for?

Key takeawayAcross 47 recorded transactions since 1995, the median price is about S$380k, most recently in Apr 2026.
DateUsePriceAreaPSF
Apr 2026RetailS$880k388 sqft$2,271
Sept 2025RetailS$930k388 sqft$2,400
Dec 2023RetailS$685k226 sqft$3,030
Oct 2022RetailS$815k301 sqft$2,704
Feb 2018RetailS$758k409 sqft$1,853
Dec 2017OfficeS$668k301 sqft$2,216
Jan 2016RetailS$500k226 sqft$2,212
Nov 2015RetailS$568k258 sqft$2,199
Nov 2015RetailS$950k506 sqft$1,878
Sept 2013RetailS$1.13M506 sqft$2,224

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 Plaza?

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 Balestier Plaza right now?

Key takeaway11 units are currently listed at Balestier Plaza6 for sale and 5 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Balestier PlazaS$1.50M · 504 sqft
  • Balestier PlazaS$1.89M · 560 sqft
  • Balestier Plaza4 agentsS$868k · 248 sqft
  • Balestier PlazaS$2.28M · 753 sqft

For rent (5)

  • Balestier Plaza2 agentsS$3k/mo · 400 sqft
  • Balestier PlazaS$4k/mo · 750 sqft
  • Balestier Plaza3 agentsS$2k/mo · 226 sqft
  • Balestier Plaza2 agentsS$3k/mo · 409 sqft

Browse every listing at this building →

8

What is near Balestier Plaza?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 830 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Providence Clinic @ Balestier · 7 mHotel · 75 mOpp Shaw Plaza · 87 mPlace Of Worship · 115 mEducational Institution · 447 mRen Ci Community Hospital · 584 mWhampoa Community Club · 764 mToa Payoh MRT Exit B · 795 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 · 87 mBlks 91/92 Whampoa Drive # · 483 mSquare 2 · 890 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Balestier Plaza?

Key takeawayACRA records 131 live company registrations at this address, 38 of them in the last three years.
Live registrations
131
Registered last 3 years
38
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

What is Balestier Plaza's BCA building profile?

BCA building type
Retail
Green Mark
NA (NA)
Energy use intensity
218 kWh/m²·yr
11

Frequently asked questions about Balestier Plaza

Where is Balestier Plaza?

Balestier Plaza is at 400 Balestier Road, Singapore 329802, in the Novena planning area.

What is Balestier Plaza zoned as?

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

What is the tenure of Balestier Plaza?

Balestier Plaza is freehold.

What have units at Balestier Plaza sold for?

Across 47 recorded transactions, the median price is S$981 psf. The latest was in April 2026.

What is the nearest MRT station to Balestier Plaza?

Toa Payoh MRT is the closest, 830 m away (about a 13-minute walk).

How many businesses are registered at Balestier Plaza?

131 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.

For agents · in the PropKaki app

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This development is also registered as the residential project Balestier Plaza.

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