Leong On Building
Leong On 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.
What are the key facts about Leong On Building?
- 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
- —
- Completed
- Not on record
- Storeys
- Not on record
- 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.
About Leong On Building
Leong On Building is a commercial 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 nearest MRT is Toa Payoh MRT, 650 m away (about a 10-minute walk). The closest bus stop (Opp EAIM) is 50 m away (about a 1-minute walk). Square 2 is 730 m away (about a 11-minute walk).
What is Leong On Building zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
What does space at Leong On Building rent for?
Retail space on Balestier Road
Street level · 2026Q3S$ per sq ft per month · median -36.4% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Office space on Balestier Road
Street level · 2026Q3S$ per sq ft per month · median +11% on a year earlier
URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 12 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 12 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around Leong On Building
- Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
How does Balestier Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Leong On Building?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $52.08 | $72.22 | $91.29 |
| Level 2 & 3 · 30 & Below | $101.58 | $129.23 | $143.22 |
| Level 2 & 3 · >30 - 100 | $59.42 | $63.94 | $96.57 |
| Level 1 · >30 - 100 | $74.07 | $96.87 | $116.31 |
| Level 1 · >100 - 300 | $48.14 | $55.10 | $60.66 |
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 near Leong On Building?
Getting around
- Toa Payoh MRT650 m · ~10 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Leong On Building
nearest MRT/LRT Toa Payoh (NS19) 621 m, about 76,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 27,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 51,000 residents within 1 km (June 2026); 2 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Toa Payoh (NS19)621 m · about 76,000 weekday taps
- Novena (NS20)682 m · about 85,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Leong On Building. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 27,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 101 Jalan Dusun (HDB)164 mS$0.60 per half-hour at midday on a weekday · 261 car lots
- Jln Dusun (URA)202 mS$0.60 per half-hour at midday on a weekday · 24 car lots
- Shan Rd (URA)265 mS$0.60 per half-hour at midday on a weekday · 11 car lots
- Service Rd (Balestier Rd) (URA)290 mS$0.60 per half-hour at midday on a weekday · 10 car lots
- Blk 2 Balestier Road (HDB)331 mS$0.60 per half-hour at midday on a weekday · 45 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Balestier Road Area, 708 m away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Leong On Building's own car park, if it has one, and its charges are not in the open data.
How many companies are registered at Leong On Building?
- 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.
Frequently asked questions about Leong On Building
Where is Leong On Building?⌄
Leong On Building is at Balestier Road, in the Novena planning area.
What is Leong On Building zoned as?⌄
Leong On Building sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
Have there been any recorded transactions at Leong On Building?⌄
No caveats have been lodged for Leong On 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 Leong On Building?⌄
Toa Payoh MRT is the closest, 650 m away (about a 10-minute walk).
The facts are here — now get the verdict on Leong On Building.
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.