CommercialCOMMERCIAL & RESIDENTIALDistrict 12 · Novena

Shaw Corner

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Shaw Corner 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. ACRA records 10 live company registrations at this address.

1

What are the key facts about Shaw Corner?

Key takeawayShaw Corner is a commercial building in District 12 · Novena, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 12 · Novena
Address
12 Boon Teck Road
Land area
1,176 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
10

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 Shaw Corner

Shaw Corner is a mixed-use building in Novena (District 12). It is located along Boon teck road, Singapore 329586.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.

It occupies roughly 1,176 sqm of land with about 3,292 sqm of gross floor area.

10 businesses are currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 791 m away (about a 12-minute walk). The closest bus stop (Bef Balestier Plaza) is 97 m away (about a 2-minute walk). Square 2 is 861 m away (about a 14-minute walk).

3

What is Shaw Corner zoned as?

Key takeawayShaw Corner 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 do commercial rents run near Shaw Corner?

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.

5

What is near Shaw Corner?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 791 m away.

Getting around

Amenities nearby

Hotel · 17 mProvidence Clinic @ Balestier · 56 mPlace Of Worship · 60 mBef Balestier Plaza · 97 mNTUC Fairprice Co-operative Ltd · 144 mEducational Institution · 453 mBlks 91/92 Whampoa Drive # · 541 mRen Ci Community Hospital · 551 mToa Payoh MRT Exit B · 756 mWhampoa Community Club · 822 m

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at Shaw Corner?

Key takeawayACRA records 10 live company registrations at this address, 6 of them in the last three years.
Live registrations
10
Registered last 3 years
6
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.

7

Frequently asked questions about Shaw Corner

Where is Shaw Corner?

Shaw Corner is at 12 Boon Teck Road, Singapore 329586, in the Novena planning area.

What is Shaw Corner zoned as?

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

Have there been any recorded transactions at Shaw Corner?

No caveats have been lodged for Shaw Corner 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 Shaw Corner?

Toa Payoh MRT is the closest, 791 m away (about a 12-minute walk).

How many businesses are registered at Shaw Corner?

10 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 Shaw Corner.

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