CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

Okio

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

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. ACRA records 45 live company registrations at this address.

1

What are the key facts about Okio?

Key takeawayOkio 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
Land area
2,071 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
45

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 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.

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). Square 2 is 1.0 km away (about a 16-minute walk).

3

What is Okio zoned as?

Key takeawayOkio sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Conservation area
Balestier

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 Okio?

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 Okio?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 979 m away.

Getting around

Amenities nearby

Semper Fidelis Fine Foods Private Limited · 2 mHeal Medical Centre · 5 mHotel · 54 mPlace Of Worship · 58 mBef Blk 104 · 80 mBlks 91/92 Whampoa Drive # · 172 mEducational Institution · 326 mWhampoa Community Club · 537 mTan Tock Seng Hospital · 647 mKallang Polyclinic · 856 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Okio?

Key takeawayACRA records 45 live company registrations at this address, 11 of them in the last three years.
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.

8

Frequently asked questions about Okio

Where is Okio?

Okio is at 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.

Have there been any recorded transactions at Okio?

No caveats have been lodged for Okio 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 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.

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