CommercialCOMMERCIAL & RESIDENTIALDistrict 12 · Novena

Leong On Building

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

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.

1

What are the key facts about Leong On Building?

Key takeawayLeong On 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
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 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).

3

What is Leong On Building zoned as?

Key takeawayLeong On Building sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0

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 Leong On 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 Leong On Building?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 650 m away.

Getting around

Amenities nearby

Hotel · 34 mOpp EAIM · 50 mPlace Of Worship · 101 mLivewell Medical Family Clinic · 106 mNTUC Fairprice Co-operative Ltd · 106 mEducational Institution · 116 mNovena Rise Pk · 407 mRen Ci Community Hospital · 473 mToa Payoh MRT Exit B · 621 mSquare 2 · 730 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Leong On 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 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).

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