CommercialRESIDENTIALConservationFreeholdDistrict 9 · Newton

Emerald Hill Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2024
Quick Summary

Emerald Hill Conservation Area is a commercial building in District 9 · Newton, on land zoned RESIDENTIAL under the URA Master Plan. It is freehold. 3 transactions are on record since 1995, most recently in Dec 2024. ACRA records 0 live company registrations at this address.

1

What are the key facts about Emerald Hill Conservation Area?

Key takeawayEmerald Hill Conservation Area is a commercial building in District 9 · Newton, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 9 · Newton
Address
44 Emerald Hill Road
Land area
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Emerald Hill Conservation Area

Emerald Hill Conservation Area is a mixed-use conservation area in Newton (District 09). It is located along Emerald Hill Road, Singapore 229320.

Under the URA Master Plan it sits on land zoned residential. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

The site is freehold.

3 transactions have been recorded here, at a median of S$3,724 psf. The most recent was in December 2024.

The nearest MRT is Somerset MRT, 253 m away (about a 4-minute walk). The closest bus stop (Opp Somerset Stn) is 144 m away (about a 2-minute walk).

3

What is Emerald Hill Conservation Area zoned as?

Key takeawayEmerald Hill Conservation Area sits on land zoned RESIDENTIAL, with conservation status, inside the Central Area.
Land-use zone
RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Emerald Hill
Conserved building
Yes
Central Area
Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Emerald Hill Conservation Area sold for?

Key takeaway3 transactions are on record since 1995, most recently in Dec 2024 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2024Shop HouseS$10.00M1,552 sqft$6,443
Jul 2007Shop HouseS$5.78M1,552 sqft$3,724
Mar 2007Shop HouseS$4.20M1,552 sqft$2,706

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

What do commercial rents run near Emerald Hill Conservation Area?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 9 retail

Gross yield (area)
3.6%
3.2% net of property tax
Rent side (median of bands)
$140.33 psm/mo
2026Q2
Price side (strata, 5y)
$4,374 psf
184 sales

An INDICATIVE AREA yield for District 9 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 9 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$96.41$125.00$161.92
Level 1 · 30 & Below$116.17$145.26$294.10
B1 & Below · 30 & Below$211.72$338.73$498.21
Level 4 & Above · 30 & Below$90.90$124.33$165.55
Level 1 · >30 - 100$110.23$143.26$166.55
B1 & Below · >30 - 100$174.34$329.33$440.53
Level 2 & 3 · >30 - 100$101.61$137.40$180.53
Level 4 & Above · >30 - 100$100.04$115.15$145.94

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

6

What is near Emerald Hill Conservation Area?

Key takeawayThe nearest MRT/LRT is Somerset MRT, about 253 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

RafflesMedical · 63 mPlace Of Worship · 102 mHotel · 113 mOpp Somerset Stn · 144 mSomerset MRT Exit B · 220 mOrchard Fountain Corner · 221 mMount Elizabeth Hospital · 539 mEducational Institution · 698 mCairnhill Community Club · 876 m

Competing premises nearby

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

The Centrepoint · 75 mCold Storage Singapore (1983) Pte Ltd · 344 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Emerald Hill Conservation Area?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

Frequently asked questions about Emerald Hill Conservation Area

Where is Emerald Hill Conservation Area?

Emerald Hill Conservation Area is at 44 Emerald Hill Road, Singapore 229320, in the Newton planning area.

What is Emerald Hill Conservation Area zoned as?

Emerald Hill Conservation Area sits on land zoned residential under the URA Master Plan.

What is the tenure of Emerald Hill Conservation Area?

Emerald Hill Conservation Area is freehold.

Is Emerald Hill Conservation Area a conserved property?

Yes. Emerald Hill Conservation Area falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Emerald Hill Conservation Area sold for?

Across 3 recorded transactions, the median price is S$3,724 psf. The latest was in December 2024.

What is the nearest MRT station to Emerald Hill Conservation Area?

Somerset MRT is the closest, 253 m away (about a 4-minute walk).

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