CommercialCOMMERCIAL & RESIDENTIALConservationDistrict 12 · Novena

Crescent Building

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Crescent Building 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. ACRA records 0 live company registrations at this address.

1

What are the key facts about Crescent Building?

Key takeawayCrescent Building is a commercial building in District 12 · Novena, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 12 · Novena
Address
Land area
407 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Crescent Building

Crescent Building is a mixed-use building in Novena (District 12). It is located along Balestier Road.

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.

It occupies roughly 407 sqm of land with about 1,701 sqm of gross floor area.

The nearest MRT is Novena MRT, 972 m away (about a 15-minute walk). The closest bus stop (Aft Pegu Rd) is 42 m away (about a 1-minute walk). Square 2 is 926 m away (about a 14-minute walk).

3

What is Crescent Building zoned as?

Key takeawayCrescent Building 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

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.

5

What do commercial rents run near Crescent Building?

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.

6

What is near Crescent Building?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 972 m away.

Getting around

Amenities nearby

Place Of Worship · 40 mAft Pegu Rd · 42 mHotel · 72 mParkwayHealth Primary Care Network · 157 mNTUC Fairprice Co-operative Ltd · 195 mBlks 91/92 Whampoa Drive # · 241 mEducational Institution · 365 mWhampoa Community Club · 601 mTan Tock Seng Hospital · 633 mNovena MRT Exit A · 887 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Crescent Building?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

Frequently asked questions about Crescent Building

Where is Crescent Building?

Crescent Building is at Balestier Road, in the Novena planning area.

What is Crescent Building zoned as?

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

Is Crescent Building a conserved property?

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

Have there been any recorded transactions at Crescent Building?

No caveats have been lodged for Crescent Building in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Crescent Building?

Novena MRT is the closest, 972 m away (about a 15-minute walk).

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