CommercialCOMMERCIAL999-year leaseholdDistrict 11 · Novena

Goldhill Shopping Centre

Reviewed by Nathan TangUpdated 24 September 2026Data through Nov 2020
Quick Summary

Goldhill Shopping Centre 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 999-year leasehold. 3 transactions are on record since 1995, most recently in Nov 2020. 1 unit is currently listed for rent. ACRA records 2 live company registrations at this address.

1

What are the key facts about Goldhill Shopping Centre?

Key takeawayGoldhill Shopping Centre is a commercial building in District 11 · Novena, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
999-year leasehold
District / Area
District 11 · Novena
Address
175,177 Thomson Road
Land area
—
Transactions on record
3 (records start 1995)
Live listings
1
ACRA registrations
2
2

About Goldhill Shopping Centre

Goldhill Shopping Centre is a commercial estate in Novena (District 11). It is located along Thomson Road, Singapore 307624.

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

The site is 999-year leasehold, with about 943 years remaining on the lease.

3 transactions have been recorded here, at a median of S$2,290 psf. The most recent was in November 2020.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 241 m away (about a 4-minute walk). The closest bus stop (United Sq/Bef Novena Stn) is 119 m away (about a 2-minute walk).

3

What is Goldhill Shopping Centre zoned as?

Key takeawayGoldhill Shopping Centre sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has Goldhill Shopping Centre sold for?

Key takeaway3 transactions are on record since 1995, most recently in Nov 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2020RetailS$9.70M2,131 sqft$4,551
Dec 2010OfficeS$4.88M2,131 sqft$2,290
Jul 2001OfficeS$2.95M2,131 sqft$1,384

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

How does Thomson Road price?

Strata sales on the street (5y)
8

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.

6

What do commercial rents run near Goldhill Shopping Centre?

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

Indicative area yield — District 11 retail

Gross yield (area)
4.7%
4.2% net of property tax
Rent side (median of bands)
$181.99 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$209.50$233.33$255.44
Level 2 & 3 · 30 & Below$203.49$216.36$290.21
Level 4 & Above · >30 - 100$71.01$88.21$93.52
Level 2 & 3 · >30 - 100$226.95$269.50$279.52
Level 1 · >30 - 100$127.05$257.53$297.99
Level 2 & 3 · >100 - 300$128.21$147.61$168.11
Level 1 · >100 - 300$93.30$123.56$133.45
B1 & Below · >300$74.32$85.03$88.43

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.

7

What is available at Goldhill Shopping Centre right now?

Key takeaway1 unit is currently listed at Goldhill Shopping Centre. One row per unit; several agents often market the same unit.

For rent (1)

  • Medical/ Aesthetics​ (Few Sizes) in Novena2 agentsS$35k/mo · 3,500 sqft

Browse every listing at this building →

8

What is near Goldhill Shopping Centre?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 241 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Physicians Practice Family Medical Center · 107 mUnited Sq/Bef Novena Stn · 119 mHotel · 183 mNovena MRT Exit B · 184 mEducational Institution · 185 mThomson Rd Pg · 224 mPlace Of Worship · 287 mMount Elizabeth Novena Hospital · 434 m

Competing premises nearby

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

United Square · 120 mCold Storage Singapore (1983) Pte Ltd · 120 mPek Kio Market & Food Centre · 768 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Goldhill Shopping Centre?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
Most common type
Local Company

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.

10

Frequently asked questions about Goldhill Shopping Centre

Where is Goldhill Shopping Centre?⌄

Goldhill Shopping Centre is at 175,177 Thomson Road, Singapore 307624, in the Novena planning area.

What is Goldhill Shopping Centre zoned as?⌄

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

What is the tenure of Goldhill Shopping Centre?⌄

Goldhill Shopping Centre is 999-year leasehold. About 943 years remain on the lease.

What have units at Goldhill Shopping Centre sold for?⌄

Across 3 recorded transactions, the median price is S$2,290 psf. The latest was in November 2020.

What is the nearest MRT station to Goldhill Shopping Centre?⌄

Novena MRT is the closest, 241 m away (about a 4-minute walk).

How many businesses are registered at Goldhill Shopping Centre?⌄

2 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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