CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 12 · Novena

Monville Mansions

Reviewed by Nathan TangUpdated 10 August 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. 5 units are currently listed for sale or rent. ACRA records 17 live company registrations at this address.

1

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
Transactions on record
8 (records start 1995)
Live listings
5
ACRA registrations
17
2

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).

3

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 →

4

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.
DateUsePriceAreaPSF
Sept 2022RetailS$3.68M2,347 sqft$1,568
Jun 2022RetailS$3.00M2,347 sqft$1,278
Mar 2018RetailS$2.35M2,347 sqft$1,001
Mar 2018RetailS$2.75M2,347 sqft$1,172
May 2011RetailS$1.30M2,347 sqft$554
Apr 2010RetailS$1.10M2,196 sqft$501
May 2002RetailS$800k2,551 sqft$314
May 2002OfficeS$750k2,185 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.

5

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.

6

What do commercial rents run near Monville Mansions?

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.

7

What is available at Monville Mansions right now?

Key takeaway5 units are currently listed at Monville Mansions3 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (3)

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

For rent (2)

  • Monville MansionsS$10k/mo · 1,916 sqft
  • Monville Mansions2 agentsS$6k/mo · 1,679 sqft

Browse every listing at this building →

8

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

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.

9

How many companies are registered at Monville Mansions?

Key takeawayACRA records 17 live company registrations at this address, 5 of them in the last three years.
Live registrations
17
Registered last 3 years
5
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.

10

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.

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

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