Commercial buildings in Novena
PropKaki tracks 212 commercial buildings in Novena. Most sit on COMMERCIAL & RESIDENTIAL land, with COMMERCIAL next. Across 103 recorded transactions in the last 5 years, the median price is about S$2.10M (S$2,747 psf). 178 units are listed for sale and 256 for rent.
Which commercial buildings are in Novena?
212 buildings are tracked in Novena — the 60 most transacted are listed here.
- One Dusun ResidencesRESIDENTIAL · 71 txns
- Balestier PointCOMMERCIAL & RESIDENTIAL · 70 txns
- The MezzoCOMMERCIAL & RESIDENTIAL · 67 txns
- Square 2WHITE · 54 txns
- Royal Square At NovenaWHITE · 47 txns
- Balestier PlazaCOMMERCIAL & RESIDENTIAL · 47 txns
- Rocca BalestierCOMMERCIAL & RESIDENTIAL · 45 txns
- Goldhill PlazaCOMMERCIAL · 39 txns
- Novena RegencyRESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 32 txns
- Giffard MansionsCOMMERCIAL & RESIDENTIAL · 31 txns
- OkioCOMMERCIAL & RESIDENTIAL · 29 txns
- Balestier TowersCOMMERCIAL & RESIDENTIAL · 25 txns
- Le ShantierCOMMERCIAL & RESIDENTIAL · 17 txns
- Oasia HotelHOTEL · 13 txns
- Ascent @ 456COMMERCIAL & RESIDENTIAL · 10 txns
- Monville MansionsCOMMERCIAL & RESIDENTIAL · 8 txns
- Slf BuildingCIVIC & COMMUNITY INSTITUTION · 6 txns
- Urban HeritageCOMMERCIAL & RESIDENTIAL · 5 txns
- 457,459,461 Balestier RoadCOMMERCIAL & RESIDENTIAL · 5 txns
- Wai Wing CentreCOMMERCIAL & RESIDENTIAL · 5 txns
- Balestier 288COMMERCIAL & RESIDENTIAL · 4 txns
- Kim Keat HouseRESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 4 txns
- Goldhill Shopping CentreCOMMERCIAL · 3 txns
- Goldhill Shopping CentreCOMMERCIAL · 3 txns
- Goldhill Shopping CentreCOMMERCIAL · 3 txns
- 25 Martaban RoadRESIDENTIAL · 3 txns
- 292,292a Balestier RoadCOMMERCIAL & RESIDENTIAL · 3 txns
- 330b Balestier RoadCOMMERCIAL & RESIDENTIAL · 3 txns
- 463 Balestier RoadCOMMERCIAL & RESIDENTIAL · 3 txns
- 617 Balestier RoadCOMMERCIAL & RESIDENTIAL · 3 txns
Showing 30 of 60 tracked buildings.
What do commercial properties in Novena sell for?
In the last 12 months, 14 transactions in Novena closed at a median of about S$1.14M (S$2,171 psf); over five years the median is S$2.10M across 103 deals.
Transactions (12m)
14
URA/JTC records
Transactions (5y)
103
URA/JTC records
Median price (12m)
S$1.14M
recent deals
Median PSF (12m)
S$2,171 psf
strata & land mix
| Use type | Transactions | Median PSF |
|---|---|---|
| Retail | 60 | S$3,733 psf |
| Office | 29 | S$1,704 psf |
| Shop House | 14 | S$3,399 psf |
What is for sale or rent in Novena?
178 units are listed for sale and 256 for rent in Novena, one row per unit.
For sale
178
deduplicated units
For rent
256
deduplicated units
What are the most recent commercial deals in Novena?
The latest recorded deal in Novena closed in Jun 2026 at S$8.50M (N.a.).
| Date | Property | Use | Price | PSF |
|---|---|---|---|---|
| Jun 2026 | N.a. | Shop House | S$8.50M | $3,841 |
| Jun 2026 | Okio | Retail | S$4.88M | $2,070 |
| Apr 2026 | The Mezzo | Office | S$1.15M | $1,943 |
| Apr 2026 | The Mezzo | Office | S$1.12M | $1,679 |
| Apr 2026 | Balestier Plaza | Retail | S$880k | $2,271 |
| Mar 2026 | Square 2 | Retail | S$3.57M | $5,102 |
| Jan 2026 | The Mezzo | Office | S$977k | $1,681 |
| Jan 2026 | Giffard Mansions | Retail | S$968k | $1,697 |
The latest recorded URA/JTC deals in Novena. Strata and land deals mix in one list — their PSF is not comparable.
What do retail rents run in Novena?
URA's contracted-rent percentiles for District 12 (2026Q2) — the benchmark an asking rent in Novena should be weighed against.
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $62.49 | $64.71 | $66.54 |
| Level 1 · 30 & Below | $63.21 | $75.71 | $98.74 |
| Level 1 · >30 - 100 | $112.99 | $125.25 | $147.17 |
| Level 1 · >100 - 300 | $102.41 | $118.35 | $120.63 |
$ psm/month, URA REALIS rental contracts. District 12is where most of this area's recent deals sit — a district benchmark, not a rent for any particular unit. Retail only; office rents are dimensioned by URA location, not district.
What is commercial land in Novena zoned as?
Most tracked buildings in Novena sit on COMMERCIAL & RESIDENTIAL land, followed by COMMERCIAL (URA Master Plan).
Frequently asked questions
Which commercial buildings are in Novena?⌄
PropKaki tracks 212 commercial buildings in Novena, including One Dusun Residences, Balestier Point, The Mezzo, Square 2, Royal Square At Novena.
What do commercial properties in Novena sell for?⌄
Across 103 recorded transactions in the last 5 years, the median price is about S$2.10M (S$2,747 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.
What is commercial land in Novena zoned as?⌄
Of the tracked buildings in Novena, 37 sit on COMMERCIAL & RESIDENTIAL land, 8 sit on COMMERCIAL land, 4 sit on RESIDENTIAL land, 3 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land under the URA Master Plan.
Are there commercial units for sale or rent in Novena?⌄
Yes — 178 units for sale and 256 units for rent are currently listed in Novena across the commercial portals, deduplicated to one row per unit.
Found the unit? Now check the asking price against the evidence.
PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.
PropKakiUbi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.