CommercialCOMMERCIAL & RESIDENTIALConservationFreeholdDistrict 12 · Novena

Public Mansion

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 1995
Quick Summary

Public Mansion 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. 1 transaction is on record since 1995, most recently in Dec 1995. ACRA records 33 live company registrations at this address.

1

What are the key facts about Public Mansion?

Key takeawayPublic Mansion 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
432 Balestier Road
Land area
2,765 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
33
2

About Public Mansion

Public Mansion is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329813.

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 2,765 sqm of land with about 8,296 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$892 psf. The most recent was in December 1995.

33 businesses are currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 704 m away (about a 11-minute walk). The closest bus stop (Opp Public Mansion) is 42 m away (about a 1-minute walk).

3

What is Public Mansion zoned as?

Key takeawayPublic Mansion 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
BCA-verified envelope: allowable GFA 8,295 sqm · built 11,880 sqm · headroom -3,585 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 Public Mansion sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 1995 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 1995RetailS$3.10M3,477 sqft$892

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 Public Mansion?

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 near Public Mansion?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 704 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 39 mOpp Public Mansion · 42 mCarelink Family Clinic · 97 mHotel · 116 mEducational Institution · 365 mToa Payoh Town Pk · 470 mRen Ci Community Hospital · 492 mToa Payoh MRT Exit B · 668 mToa Payoh Central Community Club · 929 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 · 251 mBlks 91/92 Whampoa Drive # · 685 mSquare 2 · 807 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Public Mansion?

Key takeawayACRA records 33 live company registrations at this address, 7 of them in the last three years.
Live registrations
33
Registered last 3 years
7
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.

9

What is Public Mansion's BCA building profile?

BCA building type
Mixed Development
Green Mark
NA (NA)
Energy use intensity
63 kWh/m²·yr
10

Frequently asked questions about Public Mansion

Where is Public Mansion?

Public Mansion is at 432 Balestier Road, Singapore 329813, in the Novena planning area.

What is Public Mansion zoned as?

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

What is the tenure of Public Mansion?

Public Mansion is freehold.

Is Public Mansion a conserved property?

Yes. Public Mansion falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Public Mansion sold for?

Across 1 recorded transaction, the median price is S$892 psf. The latest was in December 1995.

What is the nearest MRT station to Public Mansion?

Toa Payoh MRT is the closest, 704 m away (about a 11-minute walk).

How many businesses are registered at Public Mansion?

33 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 Public Mansion.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Public Mansion — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

This development is also registered as the residential project Public Mansion.

Chat on WhatsApp