CommercialCOMMERCIALLeasehold (term not parsed)District 11 · Novena

Goldhill Plaza

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2023

Quick Summary

Goldhill Plaza is a commercial building in District 11 · Novena, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold (term not parsed). 39 transactions are on record since 1995, at a median S$1,745 psf, most recently in May 2023. 11 units are currently listed for sale or rent. ACRA records 305 live company registrations at this address.

The facts are here — now get the verdict on Goldhill Plaza.

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What are the key facts about Goldhill Plaza?

Key takeawayGoldhill Plaza is a commercial building in District 11 · Novena, zoned COMMERCIAL, held leasehold (term not parsed).

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 3.0
Tenure: Leasehold (term not parsed)
District / Area: District 11 · Novena
Address: 1 Goldhill Plaza
Land area: —
Completed: Not on record
Storeys: 4 (© OpenStreetMap contributors)
Strata units (MCST): 69
Strata formed: 1979 (MCST 0460)
Submarket: City Fringe
Units with a recorded sale: At least 31
Listed as: Office
Transactions on record: 39 (records start 1995)
Live listings: 11
ACRA registrations: 305

About Goldhill Plaza

Goldhill Plaza is a commercial building in Novena (District 11). It is located along Goldhill Plaza, Singapore 308899.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.

39 transactions have been recorded here, at a median of S$1,745 psf. The most recent was in May 2023.

327 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 308 m away (about a 5-minute walk). The closest bus stop (United Sq/Bef Novena Stn) is 157 m away (about a 2-minute walk).

What is Goldhill Plaza zoned as?

Key takeawayGoldhill Plaza sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.

Land-use zone: COMMERCIAL
Gross plot ratio: 3.0

BCA-verified envelope: built 7,900 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

What has Goldhill Plaza sold for?

Key takeawayAcross 39 recorded transactions since 1995, the median price is about S$2.08M, most recently in May 2023.

Date	Use	Price	Area	PSF
May 2023	Office	S$2.35M	1,184 sqft	$1,985
Feb 2023	Office	S$2.35M	1,216 sqft	$1,932
Mar 2021	Office	S$2.17M	1,238 sqft	$1,753
Mar 2021	Office	S$3.43M	1,959 sqft	$1,751
Feb 2021	Retail	S$4.10M	893 sqft	$4,589
Dec 2020	Office	S$3.10M	1,776 sqft	$1,745
Sept 2020	Retail	S$4.09M	893 sqft	$4,576
Nov 2018	Retail	S$2.04M	1,184 sqft	$1,723
Oct 2018	Office	S$2.30M	1,216 sqft	$1,891
Jul 2018	Office	S$4.25M	2,379 sqft	$1,787

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. sqm ↔ sq ft converter

What does space at Goldhill Plaza rent for?

Key takeawayNo rent is published for Goldhill Plaza itself. On its street, Goldhill Plaza, office space rented at a median of $5.20 psf a month in 2026Q3, with the middle half of leases between $4.90 and $5.79. That is not this building's own rent, and never a quote for a particular unit.

Office space on Goldhill Plaza

Street level · 2026Q3

25th pct

$4.90

$52.76 psm

Median

$5.20

$55.98 psm

75th pct

$5.79

$62.37 psm

S$ per sq ft per month · median +0.4% on a year earlier

2023Q4 · $51.54 psm2026Q3 · $55.98 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on Goldhill Plaza

Street level · 2025Q3

25th pct

—

— psm

Median

$8.77

$94.37 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +33.6% on a year earlier

2021Q3 · $40.00 psm2025Q3 · $94.37 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 11 retail

Region band · 2026Q3

25th pct

$12.48

$134.36 psm

Median

$16.43

$176.85 psm

75th pct

$17.64

$189.91 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 11 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Goldhill Plaza

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Goldhill Plaza

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 10 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 5 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Goldhill Plaza?

Key takeawayURA has approved 44 changes of use at Goldhill Plaza since 2000, most recently in 2026. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

11 Aug 2026RenewedFloor 1
Continued use as karaoke lounge
Continued use of unit #01-XX as karaoke lounge
30 Apr 2026Agency worksFloor 3
Change of use to commercial school
Lodgement for proposed use of unit #03-XX as commercial school
10 Jul 2025ApprovedFloor 2
Change of use
Proposed retention of commercial school at units #02-XX and #02-XX at goldhill plaza
10 Jun 2025RenewedFloor 1
Continued use as bar/pub with karaoke
Continued use of unit #01-XX as bar/pub with karaoke
8 Apr 2025ApprovedFloor 1
Change of use to restaurant and bar with live entertainment
Proposed change of use of units #01-XX, #01-XX and #01-XX (goldhill plaza) to restaurant and bar with live entertainment
26 Mar 2025Agency worksFloor 3
Change of use to office
Lodgment for proposed use of unit #03-XX as office
10 Feb 2025Agency worksFloor 3
Change of use to commercial school
Lodgment for proposed use of unit #03-XX as commercial school
22 Oct 2024Agency worksFloor 3
Change of use to commercial school
Lodgment for proposed use of unit #03-XX as commercial school
27 May 2024RenewedFloor 1
Continued use as karaoke lounge
Continued use of unit #01-XX as karaoke lounge
15 May 2024ApprovedFloor 1
Change of use to restaurant and bar
Proposed change of use of units #01-XX, #01-XX and #01-XX to restaurant and bar
18 Mar 2024Agency worksFloor 3
Change of use to commercial school
Lodgement for proposed use of unit #03-XX as commercial school
26 Feb 2024Agency worksFloor 2
Change of use to gym/fitness centre
Lodgment for proposed use of unit #02-XX as gym/fitness centre

41 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Goldhill Plaza price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Goldhill Plaza?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 11 retail

Gross yield (area)

4.6%

4.1% net of property tax

Rent side (median of bands)

$176.85 psm/mo

2026Q3

Price side (strata, 5y)

$4,327 psf

15 sales

An INDICATIVE AREA yield for District 11 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 11 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$134.36	$181.39	$189.91
Level 1 · 30 & Below	$96.71	$98.15	$108.07
Level 1 · >30 - 100	$138.32	$176.85	$254.10

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.

What is available at Goldhill Plaza right now?

Key takeaway11 units are currently listed at Goldhill Plaza — 1 for sale and 10 for rent. One row per unit; several agents often market the same unit.

For sale (1)

Goldhill PlazaS$3.50M · 1,206 sqft

For rent (10)

Goldhill Plaza13 agentsS$5k/mo · 815 sqft
Goldhill Plaza5 agentsS$12k/mo · 2,000 sqft
Goldhill Plaza4 agentsS$6k/mo · 1,240 sqft
Goldhill Plaza4 agentsS$11k/mo · 1,815 sqft

Browse every listing at this building →

What is near Goldhill Plaza?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 309 m away — and 3 competing retail premisess operate nearby.

Getting around

Novena MRT309 m · ~5 min

Amenities nearby

Physicians Practice Family Medical Center · 92 mHotel · 126 mUnited Sq/Bef Novena Stn · 157 mThomson Rd Pg · 197 mNovena MRT Exit B · 235 mEducational Institution · 264 mPlace Of Worship · 303 mMount Elizabeth Novena Hospital · 502 mCairnhill Community Club · 940 m

Competing premises nearby

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

United Square · 107 mCold Storage Singapore (1983) Pte Ltd · 107 mNewton Food Centre · 754 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Goldhill Plaza

Key takeawayThe nearest station is Novena (NS20), 235 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Kampong Java Rd (URA), 514 m away; the nearest URA season parking is Shrewsbury Area, 678 m away (S$80/month).

Foot traffic: busier than 60% of retail buildings

nearest MRT/LRT Novena (NS20) 235 m, about 85,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 7, about 19,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 28,000 residents within 1 km (June 2026); 3 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Novena (NS20)235 m · about 85,000 weekday taps
Newton (NS21 / DT11)698 m · about 116,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Goldhill Plaza. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Who's registered at Goldhill Plaza?

Key takeaway305 live companies (and LLPs and branches; sole proprietors are not counted) list Goldhill Plaza as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
78
Wholesale and retail trade
51
Professional, scientific and technical services
50
Information and communications
34
Education
32
Manufacturing
10
Administrative and support services
9
Accommodation and food services
8
Health and social services
8
Transportation and storage
7

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

What is Goldhill Plaza's BCA building profile?

BCA building type: Mixed Development
Green Mark: NA (NA)
Energy use intensity: 401 kWh/m²·yr

Frequently asked questions about Goldhill Plaza

Where is Goldhill Plaza?⌄

Goldhill Plaza is at 1 Goldhill Plaza, Singapore 308899, in the Novena planning area.

What is Goldhill Plaza zoned as?⌄

Goldhill Plaza sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What have units at Goldhill Plaza sold for?⌄

Across 39 recorded transactions, the median price is S$1,745 psf. The latest was in May 2023.

What is the nearest MRT station to Goldhill Plaza?⌄

Novena MRT is the closest, 308 m away (about a 5-minute walk).

How many businesses are registered at Goldhill Plaza?⌄

327 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.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.