Okio
Okio 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. 29 transactions are on record since 1995, most recently in Jun 2026. 2 units are currently listed for sale. ACRA records 45 live company registrations at this address.
What are the key facts about Okio?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 12 · Novena
- Address
- 262 Balestier Road
- Land area
- 2,071 sqm
- Transactions on record
- 29 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 45
About Okio
Okio is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329714.
Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.
The site is freehold. It occupies roughly 2,071 sqm of land with about 6,212 sqm of gross floor area.
29 transactions have been recorded here, at a median of S$1,272 psf. The most recent was in June 2026.
45 businesses are currently registered at this address with ACRA.
The nearest MRT is Boon Keng MRT, 979 m away (about a 15-minute walk). The closest bus stop (Bef Blk 104) is 80 m away (about a 1-minute walk).
What is Okio zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Conservation area
- Balestier
What has Okio sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2026 | Retail | S$4.88M | 2,357 sqft | $2,070 |
| Jun 2023 | Office | S$1.60M | 753 sqft | $2,123 |
| Nov 2019 | Retail | S$1.33M | 570 sqft | $2,331 |
| Sept 2015 | Office | S$2.60M | 1,023 sqft | $2,543 |
| Nov 2012 | Office | S$1.64M | 775 sqft | $2,117 |
| Nov 2012 | Office | S$2.08M | 1,023 sqft | $2,031 |
| Nov 2012 | Office | S$1.60M | 753 sqft | $2,128 |
| Feb 2012 | Office | S$2.10M | 1,023 sqft | $2,051 |
| Feb 2012 | Office | S$1.62M | 753 sqft | $2,149 |
| Dec 2011 | Office | S$1.64M | 775 sqft | $2,116 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Balestier Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Okio?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is available at Okio right now?
For sale (2)
- OkioS$1.80M · 753 sqft
- 262 Balestier road Freehold, 3% YIELD2 agentsS$3.50M · 1,302 sqft
What is near Okio?
Getting around
- Boon Keng MRT979 m · ~15 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Okio?
- Live registrations
- 45
- Registered last 3 years
- 11
- 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.
Frequently asked questions about Okio
Where is Okio?⌄
Okio is at 262 Balestier Road, Singapore 329714, in the Novena planning area.
What is Okio zoned as?⌄
Okio sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Okio?⌄
Okio is freehold.
Is Okio a conserved property?⌄
Yes. Okio falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Okio sold for?⌄
Across 29 recorded transactions, the median price is S$1,272 psf. The latest was in June 2026.
What is the nearest MRT station to Okio?⌄
Boon Keng MRT is the closest, 979 m away (about a 15-minute walk).
How many businesses are registered at Okio?⌄
45 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.
The facts are here — now get the verdict on Okio.
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.
This development is also registered as the residential project Okio.