CommercialFreeholdDistrict 11 · Novena

Goldhill Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 1996

Quick Summary

Goldhill Shopping Centre is a commercial building in District 11 · Novena. It is freehold. 2 transactions are on record since 1995, most recently in Apr 1996. 9 units are currently listed for sale or rent. ACRA records 0 live company registrations at this address.

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

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What are the key facts about Goldhill Shopping Centre?

Key takeawayGoldhill Shopping Centre is a commercial building in District 11 · Novena, held freehold.

Asset class: Commercial
Land-use zone: Not on record
Gross plot ratio: —
Tenure: Freehold
District / Area: District 11 · Novena
Address: 151a Thomson Road
Land area: —
Completed: Not on record
Storeys: Not on record
Listed as: Other Retail, Office, Food & Beverage
Transactions on record: 2 (records start 1995)
Live listings: 9
ACRA registrations: 0

About Goldhill Shopping Centre

Goldhill Shopping Centre is a commercial estate in Novena (District 11). It is located along Thomson Road.

The site is freehold.

2 transactions have been recorded here, at a median of S$1,146 psf. The most recent was in April 1996.

What has Goldhill Shopping Centre sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 1996 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 1996	Office	S$2.07M	1,665 sqft	$1,242
May 1995	Office	S$1.75M	1,668 sqft	$1,050

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 Shopping Centre rent for?

Key takeawayNo rent is published for Goldhill Shopping Centre itself. On its street, Thomson Road, office space rented at a median of $8.45 psf a month in 2026Q3, with the middle half of leases between $7.95 and $8.72. That is not this building's own rent, and never a quote for a particular unit.

Office space on Thomson Road

Street level · 2026Q3

25th pct

$7.95

$85.56 psm

Median

$8.45

$90.93 psm

75th pct

$8.72

$93.90 psm

S$ per sq ft per month · median +0.6% on a year earlier

2023Q4 · $78.57 psm2026Q3 · $90.93 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 Thomson Road

Street level · 2026Q3

25th pct

$11.18

$120.38 psm

Median

$18.37

$197.77 psm

75th pct

$26.32

$283.28 psm

S$ per sq ft per month · median +6.1% on a year earlier

2023Q4 · $181.46 psm2026Q3 · $197.77 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 Shopping Centre

Key takeawayBrokers' retail figures for Singapore as a whole — 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 (island-wide)

Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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 Shopping Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 6 units for rent; 3 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 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 2 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 Shopping Centre?

Key takeawayURA has approved 1 change of use at Goldhill Shopping Centre since 2000, most recently in 2019. 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.

18 Nov 2019Agency works
Change of use to commercial school
Lodgment for proposed use of 2nd storey premises as commercial school at 151a thomson road

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 Thomson Road 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 Shopping Centre?

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 Shopping Centre right now?

Key takeaway9 units are currently listed at Goldhill Shopping Centre — 3 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (3)

Goldhill Shopping CentreS$4.73M · 1,668 sqft
Goldhill Shopping CentreS$3.49M · 1,206 sqft
Goldhill Shopping CentreS$3.00M · 1,206 sqft

For rent (6)

Goldhill Shopping CentreS$6k/mo · 1,200 sqft
Goldhill Shopping CentreS$6k/mo · 1,206 sqft
Goldhill Shopping CentreS$6k/mo · 1,200 sqft
Goldhill Shopping CentreS$6k/mo · 1,200 sqft

Browse every listing at this building →

How many companies are registered at Goldhill Shopping Centre?

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.

Frequently asked questions about Goldhill Shopping Centre

Where is Goldhill Shopping Centre?⌄

Goldhill Shopping Centre is at 151A Thomson Road, in the Novena planning area.

What is the tenure of Goldhill Shopping Centre?⌄

Goldhill Shopping Centre is freehold.

What have units at Goldhill Shopping Centre sold for?⌄

Across 2 recorded transactions, the median price is S$1,146 psf. The latest was in April 1996.

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Read the figures right

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

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

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 URA planning decisions — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

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.