CommercialHOTELFreeholdDistrict 5 · Queenstown

Nol Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2012
Quick Summary

Nol Building is a commercial building in District 5 · Queenstown, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 1 transaction is on record since 1995, most recently in Oct 2012. 27 units are currently listed for sale or rent. ACRA records 181 live company registrations at this address.

1

What are the key facts about Nol Building?

Key takeawayNol Building is a commercial building in District 5 · Queenstown, zoned HOTEL, held freehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
2.8
Tenure
Freehold
District / Area
District 5 · Queenstown
Address
456 Alexandra Road
Land area
10,039 sqm
Transactions on record
1 (records start 1995)
Live listings
27
ACRA registrations
181
2

About Nol Building

Nol Building is a commercial building in Queenstown (District 05). It is located along Alexandra Road, Singapore 119962.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 2.8.

The site is freehold. It occupies roughly 10,039 sqm of land with about 28,110 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$3,516 psf. The most recent was in October 2012.

181 businesses are currently registered at this address with ACRA.

The nearest MRT is Labrador Park MRT, 360 m away (about a 6-minute walk). The closest bus stop (Alexandra Retail Ctr) is 90 m away (about a 1-minute walk). Anchorpoint is 1.5 km away.

3

What is Nol Building zoned as?

Key takeawayNol Building sits on land zoned HOTEL with a gross plot ratio of 2.8.
Land-use zone
HOTEL
Gross plot ratio
2.8
BCA-verified envelope: allowable GFA 28,109 sqm · built 28,100 sqm · headroom 9 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Nol Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Oct 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2012OfficeS$380.00M108,064 sqft$3,516

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 Alexandra Road price?

Strata sales on the street (5y)
8

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near Nol 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 5 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$85.48 psm/mo
2026Q2
Price side (strata, 5y)
$2,256 psf
33 sales

An INDICATIVE AREA yield for District 5 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 5 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$75.50$78.57$94.64
B1 & Below · 30 & Below$49.40$56.25$167.56
Level 1 · >30 - 100$65.08$80.89$95.59
Level 2 & 3 · >30 - 100$107.16$142.68$238.92
B1 & Below · >30 - 100$136.41$266.41$413.89
Level 4 & Above · >30 - 100$245.10$253.31$294.36
Level 2 & 3 · >100 - 300$57.26$74.59$120.64
Level 1 · >100 - 300$75.28$85.48$131.66

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.

7

What is available at Nol Building right now?

Key takeaway27 units are currently listed at Nol Building1 for sale and 26 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Secondary Dormitory Approved 480 Workers!!S$35.50M · 100,690 sqft

For rent (26)

  • Fragrance Empire Building3 agentsS$32k/mo · 4,704 sqft
  • Fragrance Empire Building2 agentsS$29k/mo · 3,907 sqft
  • Fragrance Empire BuildingS$78k/mo · 10,441 sqft
  • Fragrance Empire BuildingS$34k/mo · 4,704 sqft

Browse every listing at this building →

8

What is near Nol Building?

Key takeawayThe nearest MRT/LRT is Labrador Park MRT, about 360 m away.

Getting around

Amenities nearby

Hotel · 0 mBusiness Park · 33 mAlexandra Retail Ctr · 90 mNTUC Fairprice Co-operative Ltd · 137 mShenton Wellness Centre (Alexandra) · 172 mLabrador Park MRT Exit A · 364 mPlace Of Worship · 644 mEducational Institution · 724 mTelok Blangah Community Club · 729 mBlk 79 Telok Blangah Drive · 729 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Nol Building?

Key takeawayACRA records 181 live company registrations at this address, 86 of them in the last three years.
Live registrations
181
Registered last 3 years
86
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

What is Nol Building's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
126 kWh/m²·yr
11

Frequently asked questions about Nol Building

Where is Nol Building?

Nol Building is at 456 Alexandra Road, Singapore 119962, in the Queenstown planning area.

What is Nol Building zoned as?

Nol Building sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Nol Building?

Nol Building is freehold.

What have units at Nol Building sold for?

Across 1 recorded transaction, the median price is S$3,516 psf. The latest was in October 2012.

What is the nearest MRT station to Nol Building?

Labrador Park MRT is the closest, 360 m away (about a 6-minute walk).

How many businesses are registered at Nol Building?

181 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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