Recently, a tiling derived from the well-known 2D quasi-periodic octagonal tiling has been introduced. In this letter, we show that in the framework of a tight-binding model, the electronic spectrum of this nontrivial tiling can be derived. The integrated density of state is singular and can be a devil staircase, there can be a finite or infinite number of gaps, whereas the measure of the spectrum can be zero or not, all these properties depending on the hopping parameters. This transition is explained with a very simple model.