CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 12 · Novena

Monville Mansions

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2022

Quick Summary

Monville Mansions 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. 8 transactions are on record since 1995, most recently in Sept 2022. 4 units are currently listed for sale or rent. ACRA records 14 live company registrations at this address.

The facts are here — now get the verdict on Monville Mansions.

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What are the key facts about Monville Mansions?

Key takeawayMonville Mansions 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: 530 Balestier Road
Land area: 1,312 sqm
Completed: Not on record
Storeys: 13 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 30
Managing agent: DICKSON PROPERTY CONSULTANTS PTE LTD
Strata formed: 1996 (MCST 2043)
Submarket: City Fringe
Units with a recorded sale: At least 5
Transactions on record: 8 (records start 1995)
Live listings: 4
ACRA registrations: 14

About Monville Mansions

Monville Mansions is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329857.

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 1,312 sqm of land with about 3,937 sqm of gross floor area.

8 transactions have been recorded here, at a median of S$778 psf. The most recent was in September 2022.

17 businesses are currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 646 m away (about a 10-minute walk). The closest bus stop (Opp EAIM) is 47 m away (about a 1-minute walk).

What is Monville Mansions zoned as?

Key takeawayMonville Mansions 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 →

What has Monville Mansions sold for?

Key takeaway8 transactions are on record since 1995, most recently in Sept 2022 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2022	Retail	S$3.68M	2,347 sqft	$1,568
Jun 2022	Retail	S$3.00M	2,347 sqft	$1,278
Mar 2018	Retail	S$2.35M	2,347 sqft	$1,001
Mar 2018	Retail	S$2.75M	2,347 sqft	$1,172
May 2011	Retail	S$1.30M	2,347 sqft	$554
Apr 2010	Retail	S$1.10M	2,196 sqft	$501
May 2002	Retail	S$800k	2,551 sqft	$314
May 2002	Office	S$750k	2,185 sqft	$343

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. sqm ↔ sq ft converter

What does space at Monville Mansions rent for?

Key takeawayNo rent is published for Monville Mansions itself. On its street, Balestier Road, office space rented at a median of $4.98 psf a month in 2026Q3, with the middle half of leases between $4.86 and $5.81. That is not this building's own rent, and never a quote for a particular unit.

Office space on Balestier Road

Street level · 2026Q3

25th pct

$4.86

$52.33 psm

Median

$4.98

$53.57 psm

75th pct

$5.81

$62.49 psm

S$ per sq ft per month · median +11% on a year earlier

2023Q4 · $46.50 psm2026Q3 · $53.57 psm median

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 on Balestier Road

Street level · 2026Q3

25th pct

$5.00

$53.83 psm

Median

$5.76

$61.96 psm

75th pct

$7.48

$80.47 psm

S$ per sq ft per month · median -36.4% on a year earlier

2023Q4 · $68.99 psm2026Q3 · $61.96 psm median

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).

Retail space — District 12 retail

Region band · 2026Q3

25th pct

$5.52

$59.42 psm

Median

$6.71

$72.22 psm

75th pct

$8.97

$96.57 psm

S$ 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 Monville Mansions

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

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 fast units move at Monville Mansions

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent; 3 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Monville Mansions?

Key takeawayURA has approved 10 changes of use at Monville Mansions since 2000, most recently in 2023. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

8 Apr 2026RenewedFloor 1
Continued use as therapy centre for children with developmental needs
Continued use of shop unit #01-XX as therapy centre for children with developmental needs
22 Jan 2025RenewedFloor 1
Continued use as veterinary clinic
Continued use of #01-XX (monville mansions) as veterinary clinic
2 Jul 2024RenewedFloor 1
Continued use as restaurant
Continued use of unit #01-XX as restaurant
20 Oct 2023ApprovedFloor 1
Change of use: pet cafe → gym/fitness centre
Proposed change of use of unit #01-XX from pet cafe to gym/fitness centre
16 Jun 2023ApprovedFloor 1
Change of use to therapy centre for children with developmental needs
Proposed change of use of shop unit #01-XX to therapy centre for children with developmental needs
12 May 2022RenewedFloor 1
Continued use as pet cafe
Continued use of shop unit #01-XX as pet cafe
1 Aug 2021ApprovedFloor 1
Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant
15 Mar 2021RenewedFloor 1
Continued use as veterinary clinic
Continued use of unit #01-XX as veterinary clinic
9 Jul 2019ApprovedFloor 1
Change of use to dog daycare, training and grooming centre
Proposed change of use of unit #01-XX to dog daycare, training and grooming centre on lot 07349w mk17 at 530 balestier road (novena planning area)
29 May 2019RenewedFloor 1
Continued use as pet cafe
Continued use of shop unit #01-XX as pet cafe
23 Apr 2019RenewedFloor 1
Continued use as veterinary clinic
Continued use of unit #01-XX as veterinary clinic
3 Jul 2017RenewedFloor 1
Continued use as commercial school
Continued use of shop unit #01-XX as commercial school on lot 07349w mk17 at 530 balestier road (novena planning area)

12 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Balestier Road price?

Key takeawayAcross 45 strata sales on Balestier Road in the last 5 years, the median is $2,070 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,070

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Monville Mansions?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 12 retail

Gross yield (area)

2.9%

2.6% net of property tax

Rent side (median of bands)

$72.22 psm/mo

2026Q3

Price side (strata, 5y)

$2,767 psf

54 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, 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 available at Monville Mansions right now?

Key takeaway4 units are currently listed at Monville Mansions — 3 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (3)

Monville MansionsS$2.60M · 1,679 sqft
Shop for Sale @ D12 Balestier | Prime City Fringe LocationS$2.75M · 1,679 sqft
Monville Mansions4 agentsS$4.00M · 2,196 sqft

For rent (1)

Monville MansionsS$10k/mo · 1,916 sqft

Browse every listing at this building →

What is near Monville Mansions?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 646 m away — and 2 competing retail premisess operate nearby.

Getting around

Toa Payoh MRT646 m · ~10 min

Amenities nearby

Hotel · 33 mOpp EAIM · 47 mPlace Of Worship · 100 mLivewell Medical Family Clinic · 108 mEducational Institution · 121 mNovena Rise Pk · 410 mRen Ci Community Hospital · 479 mToa Payoh MRT Exit B · 616 mToa Payoh West Community Club · 897 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 · 109 mSquare 2 · 734 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Monville Mansions

Key takeawayThe nearest station is Toa Payoh (NS19), 617 m away — a busy station, with about 76,000 taps in and out on an average weekday. 13 public car parks are within 500 m.

Foot traffic: busier than 59% of retail buildings

nearest MRT/LRT Toa Payoh (NS19) 617 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)617 m · about 76,000 weekday taps
Novena (NS20)687 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 Monville Mansions. 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)159 m
S$0.60 per half-hour at midday on a weekday · 261 car lots
Jln Dusun (URA)198 m
S$0.60 per half-hour at midday on a weekday · 24 car lots
Shan Rd (URA)271 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Service Rd (Balestier Rd) (URA)288 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Blk 2 Balestier Road (HDB)331 m
S$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, 713 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Monville Mansions's own car park, if it has one, and its charges are not in the open data.

Who's registered at Monville Mansions?

Key takeaway14 live companies (and LLPs and branches; sole proprietors are not counted) list Monville Mansions as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
4
Wholesale and retail trade
3
Construction
3
Professional, scientific and technical services
2
Manufacturing
1
Arts, entertainment and recreation
1
Other services
0
Real estate
0
Information and communications
0
Financial and insurance
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

Frequently asked questions about Monville Mansions

Where is Monville Mansions?⌄

Monville Mansions is at 530 Balestier Road, Singapore 329857, in the Novena planning area.

What is Monville Mansions zoned as?⌄

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

What is the tenure of Monville Mansions?⌄

Monville Mansions is freehold.

What have units at Monville Mansions sold for?⌄

Across 8 recorded transactions, the median price is S$778 psf. The latest was in September 2022.

What is the nearest MRT station to Monville Mansions?⌄

Toa Payoh MRT is the closest, 646 m away (about a 10-minute walk).

How many businesses are registered at Monville Mansions?⌄

17 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

The facts are here — now get the verdict on Monville Mansions.

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This development is also registered as the residential project Monville Mansions.

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.