Freehold Mall Shop @ Ascent @ 456 | 538 sqft | Vacant | Balestier
Description:
★ Rare Freehold Strata Mall Shop @ Ascent @ 456 ★ ★ Vacant Possession — Move In or Lease Out Immediately ★ ★ Heart of Balestier, Novena Fringe ★
Unit Details • Size: 538 sqft • Tenure: Freehold • Type: Strata Mall Shop (Commercial) • Asking: S$1,575,000 (≈ S$2,928 psf) • Status: Vacant — immediate possession • Address: 456 Balestier Road, S(329832), District 12
Why This Unit
✔ Freehold commercial title — no ABSD for individuals or companies, GST claimable for GST-registered buyers, zero lease decay.
✔ Vacant possession — flexibility to operate your own concept, secure your preferred tenant, or hold for capital appreciation.
✔ Built-in catchment — Ascent @ 456 is a mixed development with 28 residential apartments directly above the retail podium. Resident footfall from day one.
✔ Balestier F&B heritage belt — surrounded by the iconic Balestier bak kut teh cluster, lighting district, and lifestyle retail. Established walk-in traffic along Balestier Road.
✔ Health City Novena on your doorstep — proximity to one of Singapore's largest medical hubs drives steady weekday footfall.
✔ Twin-MRT connectivity — Toa Payoh MRT (NS19) and Novena MRT (NS20) both within reach. Strong bus network along Balestier Road. Direct access to CTE and PIE.
✔ Three minutes' walk to Zhongshan Mall — anchor amenity for the surrounding catchment.
✔ Versatile trade mix — suitable for F&B, lifestyle retail, beauty & wellness, clinic, enrichment, or service-based concepts. (Subject to approved use — please enquire.)
Recent Transaction Reference April 2025 — 549 sqft shop unit transacted at S$2,838 psf. This 538 sqft unit is similarly sized and freehold.
Investment Snapshot • Freehold tenure • Bite-size quantum under S$1.6M • Vacant — no inherited tenancy risk • Established commercial frontage on a heritage F&B street • Twin-MRT, Novena fringe, freehold — three boxes ticked in one unit
WhatsApp / call for floor plan, photos, and viewing arrangement.
#FreeholdCommercial #BalestierShop #AscentAt456 #NovenaCommercial #StrataShop #District12
David Cheong
CEA Reg. No: R015915A | PropNex Realty Pte Ltd | 10× PropNex Award Recipient
“With over 15 years of experience, I offer strategic investment advice and end-to-end transaction support across Singapore’s commercial and industrial sectors. I help my clients build wealth and secure financial freedom.”
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