Balestier Point
Balestier Point 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. 70 transactions are on record since 1995, most recently in Aug 2025. 42 units are currently listed for sale or rent. ACRA records 82 live company registrations at this address.
What are the key facts about Balestier Point?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 12 · Novena
- Address
- 279 Balestier Road
- Land area
- 5,790 sqm
- Transactions on record
- 70 (records start 1995)
- Live listings
- 42
- ACRA registrations
- 82
About Balestier Point
Balestier Point is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329727.
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 5,790 sqm of land with about 17,371 sqm of gross floor area.
70 transactions have been recorded here, at a median of S$1,223 psf. The most recent was in August 2025.
82 businesses are currently registered at this address with ACRA.
The nearest MRT is Novena MRT, 940 m away (about a 15-minute walk). The closest bus stop (Opp Balestier Pt) is 78 m away (about a 1-minute walk).
What is Balestier Point zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
What has Balestier Point sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2025 | Retail | S$538k | 183 sqft | $2,940 |
| May 2025 | Retail | S$970k | 495 sqft | $1,959 |
| Sept 2024 | Retail | S$923k | 355 sqft | $2,598 |
| Sept 2024 | Retail | S$680k | 269 sqft | $2,527 |
| Nov 2022 | Retail | S$408k | 183 sqft | $2,230 |
| Sept 2022 | Retail | S$10.80M | 5,608 sqft | $1,926 |
| Oct 2021 | Office | S$645k | 334 sqft | $1,933 |
| Sept 2017 | Office | S$580k | 366 sqft | $1,585 |
| Aug 2016 | Office | S$600k | 291 sqft | $2,064 |
| Jun 2015 | Retail | S$3.60M | 1,539 sqft | $2,339 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Balestier Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Balestier Point?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is available at Balestier Point right now?
For sale (32)
- Balestier pointS$1.30M · 312 sqft
- Balestier Point2 agentsS$1.10M · 474 sqft
- Balestier Point2 agentsS$9.00M · 4,898 sqft
- Balestier Point2 agentsS$2.80M · 1,335 sqft
For rent (10)
- Balestier Point8 agentsS$17k/mo · 3,261 sqft
- ⭐️ Groundfloor shophouse in balestier ⭐️S$6k/mo · 594 sqft
- Balestier Point5 agentsS$8k/mo · 1,539 sqft
- Balestier PointS$10k/mo · 1,539 sqft
What is near Balestier Point?
Getting around
- Novena MRT940 m · ~15 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Balestier Point?
- Live registrations
- 82
- Registered last 3 years
- 30
- 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.
Frequently asked questions about Balestier Point
Where is Balestier Point?⌄
Balestier Point is at 279 Balestier Road, Singapore 329727, in the Novena planning area.
What is Balestier Point zoned as?⌄
Balestier Point sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Balestier Point?⌄
Balestier Point is freehold.
What have units at Balestier Point sold for?⌄
Across 70 recorded transactions, the median price is S$1,223 psf. The latest was in August 2025.
What is the nearest MRT station to Balestier Point?⌄
Novena MRT is the closest, 940 m away (about a 15-minute walk).
How many businesses are registered at Balestier Point?⌄
82 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.
The facts are here — now get the verdict on Balestier Point.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Balestier Point.