CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 12 · Novena

Rocca Balestier

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2023
Quick Summary

Rocca Balestier 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. 45 transactions are on record since 1995, most recently in Nov 2023. 23 units are currently listed for sale or rent. ACRA records 54 live company registrations at this address.

1

What are the key facts about Rocca Balestier?

Key takeawayRocca Balestier 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
221 Balestier Road
Land area
1,388 sqm
Transactions on record
45 (records start 1995)
Live listings
23
ACRA registrations
54
2

About Rocca Balestier

Rocca Balestier is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329928.

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 1,388 sqm of land with about 4,165 sqm of gross floor area.

45 transactions have been recorded here, at a median of S$1,503 psf. The most recent was in November 2023.

54 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 972 m away (about a 15-minute walk). The closest bus stop (Opp Blk 104) is 51 m away (about a 1-minute walk).

3

What is Rocca Balestier zoned as?

Key takeawayRocca Balestier 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 Rocca Balestier sold for?

Key takeawayAcross 45 recorded transactions since 1995, the median price is about S$316k, most recently in Nov 2023.
DateUsePriceAreaPSF
Nov 2023RetailS$2.68M2,992 sqft$896
Sept 2022OfficeS$650k409 sqft$1,589
Apr 2022OfficeS$460k215 sqft$2,137
Mar 2021RetailS$405k183 sqft$2,213
Jan 2017RetailS$535k183 sqft$2,924
Oct 2016RetailS$420k183 sqft$2,295
Jan 2016RetailS$330k129 sqft$2,555
Feb 2015RetailS$900k409 sqft$2,200
Jan 2015RetailS$538k301 sqft$1,785
May 2014OfficeS$430k215 sqft$1,997

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 Rocca Balestier?

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 Rocca Balestier right now?

Key takeaway23 units are currently listed at Rocca Balestier10 for sale and 13 for rent. One row per unit; several agents often market the same unit.

For sale (10)

  • 238 Balestier roadS$1.75M · 550 sqft
  • Balestier Road Shophouse | Residential ComponentS$5.90M · 2,700 sqft
  • Freehold!!! Conservation (Plot Ratio:3.0), 2 Storey Commerical with Residental Shophouse for Sale.S$6.25M · 2,650 sqft
  • Rocca Balestier2 agentsS$850k · 301 sqft

For rent (13)

  • 431 Balestier roadS$5k/mo · 1,200 sqft
  • Rocca Balestier2 agentsS$3k/mo · 407 sqft
  • 459 balestier roadS$5k/mo · 780 sqft
  • Shops at Balestier RoadS$5k/mo · 782 sqft

Browse every listing at this building →

8

What is near Rocca Balestier?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 972 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Balestier Clinic & Health Screening Centre · 5 mPlace Of Worship · 23 mOpp Blk 104 · 51 mHotel · 56 mEducational Institution · 327 mTan Tock Seng Hospital · 541 mWhampoa Community Club · 654 mKallang Polyclinic · 855 mFarrer Park MRT Exit B · 897 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Semper Fidelis Fine Foods Private Limited · 120 mBlks 91/92 Whampoa Drive # · 292 mSquare 2 · 932 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Rocca Balestier?

Key takeawayACRA records 54 live company registrations at this address, 14 of them in the last three years.
Live registrations
54
Registered last 3 years
14
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 Rocca Balestier

Where is Rocca Balestier?

Rocca Balestier is at 221 Balestier Road, Singapore 329928, in the Novena planning area.

What is Rocca Balestier zoned as?

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

What is the tenure of Rocca Balestier?

Rocca Balestier is freehold.

What have units at Rocca Balestier sold for?

Across 45 recorded transactions, the median price is S$1,503 psf. The latest was in November 2023.

What is the nearest MRT station to Rocca Balestier?

Novena MRT is the closest, 972 m away (about a 15-minute walk).

How many businesses are registered at Rocca Balestier?

54 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

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This development is also registered as the residential project Rocca Balestier.

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