CommercialRESIDENTIALConservationFreeholdDistrict 9 · Newton

Emerald Hill Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Jan 2008
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. 1 transaction is on record since 1995, most recently in Jan 2008. 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
121 Emerald Hill Road
Land area
Transactions on record
1 (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 229404.

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.

1 transaction has been recorded here, at a median of S$3,253 psf. The most recent was in January 2008.

The nearest MRT is Somerset MRT, 625 m away (about a 10-minute walk). The closest bus stop (Bef Cairnhill Rd) is 466 m away (about a 7-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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway1 transaction is on record since 1995, most recently in Jan 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2008Shop HouseS$5.00M1,537 sqft$3,253

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 625 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 297 mAtria Medical Clinic · 383 mHotel · 386 mMount Elizabeth Hospital · 423 mBef Cairnhill Rd · 466 mCairnhill Community Club · 503 mSomerset MRT Exit B · 576 mEducational Institution · 724 m

Competing premises nearby

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

The Centrepoint · 438 mCold Storage Singapore (1983) Pte Ltd · 438 mNewton Food Centre · 672 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 121 Emerald Hill Road, Singapore 229404, 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 1 recorded transaction, the median price is S$3,253 psf. The latest was in January 2008.

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

Somerset MRT is the closest, 625 m away (about a 10-minute walk).

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