CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 12 · Novena

Viio @ Balestier

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2020
Quick Summary

Viio @ 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. 1 transaction is on record since 1995, most recently in Oct 2020. 3 units are currently listed for rent. ACRA records 11 live company registrations at this address.

1

What are the key facts about Viio @ Balestier?

Key takeawayViio @ 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
520 Balestier Road
Land area
2,050 sqm
Transactions on record
1 (records start 1995)
Live listings
3
ACRA registrations
11
2

About Viio @ Balestier

Viio @ Balestier is a mixed-use building in Novena (District 12). It is located along Balestier Road, Singapore 329853.

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 2,050 sqm of land with about 6,560 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$2,728 psf. The most recent was in October 2020.

11 businesses are currently registered at this address with ACRA.

The nearest MRT is Toa Payoh MRT, 653 m away (about a 10-minute walk). The closest bus stop (Opp EAIM) is 59 m away (about a 1-minute walk).

3

What is Viio @ Balestier zoned as?

Key takeawayViio @ 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 Viio @ Balestier sold for?

Key takeaway1 transaction is on record since 1995, most recently in Oct 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2020RetailS$32.80M12,023 sqft$2,728

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 Viio @ 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 Viio @ Balestier right now?

Key takeaway3 units are currently listed at Viio @ Balestier. One row per unit; several agents often market the same unit.

For rent (3)

  • VIIO @ BalestierS$19k/mo · 2,507 sqft
  • VIIO @ BalestierS$16k/mo · 2,507 sqft
  • VIIO @ BalestierS$19k/mo · 2,508 sqft

Browse every listing at this building →

8

What is near Viio @ Balestier?

Key takeawayThe nearest MRT/LRT is Toa Payoh MRT, about 653 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 14 mOpp EAIM · 59 mLivewell Medical Family Clinic · 65 mPlace Of Worship · 71 mEducational Institution · 115 mNovena Rise Pk · 428 mRen Ci Community Hospital · 455 mToa Payoh MRT Exit B · 622 mToa Payoh West Community Club · 921 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 · 66 mSquare 2 · 724 mBlks 91/92 Whampoa Drive # · 989 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Viio @ Balestier?

Key takeawayACRA records 11 live company registrations at this address, 3 of them in the last three years.
Live registrations
11
Registered last 3 years
3
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 Viio @ Balestier

Where is Viio @ Balestier?

Viio @ Balestier is at 520 Balestier Road, Singapore 329853, in the Novena planning area.

What is Viio @ Balestier zoned as?

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

What is the tenure of Viio @ Balestier?

Viio @ Balestier is freehold.

What have units at Viio @ Balestier sold for?

Across 1 recorded transaction, the median price is S$2,728 psf. The latest was in October 2020.

What is the nearest MRT station to Viio @ Balestier?

Toa Payoh MRT is the closest, 653 m away (about a 10-minute walk).

How many businesses are registered at Viio @ Balestier?

11 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 Viio @ Balestier.

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