Mount Elizabeth Novena Hospital
Mount Elizabeth Novena Hospital is a commercial building in District 12 · Novena, on land zoned HEALTH & MEDICAL CARE under the URA Master Plan with a gross plot ratio of 4.2. 27 units are currently listed for sale or rent. ACRA records 279 live company registrations at this address.
What are the key facts about Mount Elizabeth Novena Hospital?
- Asset class
- Commercial
- Land-use zone
- HEALTH & MEDICAL CARE
- Gross plot ratio
- 4.2
- Tenure
- Not on record
- District / Area
- District 12 · Novena
- Address
- —
- Land area
- 17,227 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Strata lots (whole development, MCST)
- 274
- Managing agent
- PARKWAY HOSPITALS SINGAPORE PTE LTD
- Strata formed
- 2014 (MCST 4094)
- Submarket
- City Fringe
- Transactions on record
- None recorded
- Live listings
- 27
- ACRA registrations
- 279
No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.
About Mount Elizabeth Novena Hospital
Mount Elizabeth Novena Hospital is a mixed-use building in Novena (District 12). It is located along Irrawaddy Road, Singapore 329563.
Under the URA Master Plan it sits on land zoned health & medical care with a gross plot ratio of 4.2.
It occupies roughly 17,227 sqm of land with about 74,225 sqm of gross floor area.
328 businesses are currently registered at this address with ACRA.
The nearest MRT is Novena MRT, 199 m away (about a 3-minute walk). The closest bus stop (Bef Novena Stn Exit B) is 257 m away (about a 4-minute walk). Square 2 is 163 m away (about a 2-minute walk).
What is Mount Elizabeth Novena Hospital zoned as?
- Land-use zone
- HEALTH & MEDICAL CARE
- Gross plot ratio
- 4.2
What does space at Mount Elizabeth Novena Hospital rent for?
Retail space on Irrawaddy Road
Street level · 2026Q3S$ per sq ft per month · median +9.4% on a year earlier
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 12 retail
Region band · 2026Q3S$ 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 12 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 Mount Elizabeth Novena Hospital
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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 Mount Elizabeth Novena Hospital
Rent: between 6 Aug 2026 and 28 Aug 2026, 3 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 1 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 Mount Elizabeth Novena Hospital?
- 4 May 2023ApprovedFloor 2Change of use: retail shop → ancillary hospital use consisting of radiology services
Proposed change of use of unit #02-XX from retail shop to ancillary hospital use consisting of radiology services at level 2 of the existing mount elizabeth novena hospital on lot 00974v ts 29 at 38 irrawaddy road for parkway hospitals singapore pte ltd (novena planning area)
- 15 Dec 2021ApprovedFloor 1Change of use: shop → restaurant
Proposed change of use of unit #01-XX from shop to restaurant at level 1 of the existing mount elizabeth novena hospital
- 10 Dec 2021ApprovedAdditions & alterations
Proposed amendment to the approved additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)
- 6 Oct 2021ApprovedFloor 1Change of use: restaurant → medical suite
Proposed change of use of unit #01-XX from restaurant to medical suite and unit #01-XX from medical suite to shop at level 1 of the existing mount elizabeth novena hospital
- 16 Apr 2021ApprovedAdditions & alterations
Proposed additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)
- 13 Oct 2020ApprovedAdditions & alterations
Proposed addition of covered linkways to the existing 14-storey hospital with 2 basements at mount elizabeth novena hospital
- 24 Sept 2020ApprovedFloor 2Additions & alterations
Proposed additions & alterations to the 2nd storey to convert existing medical suites (#02-XX) & part hospital ancillary area to day recovery wards at mount elizabeth novena hospital
- 23 Sept 2020ApprovedAdditions & alterations
Proposed additions & alterations to the 1st storey including conversion of existing shop to executive health screening facilities at mount elizabeth novena hospital
- 13 Aug 2020ApprovedChange of use: hospital ancillary → new hospital inpatient
Proposed change of use of part 3rd storey from hospital ancillary to new hospital inpatient at existing mount elizabeth novena hospital
- 11 Feb 2020ApprovedFloor 9Change of use: rehabilation centre → medical suites
Proposed change of use of part of 9th storey unit #09-XX from rehabilation centre to medical suites at the existing mount elizabeth novena hospital
- 12 Dec 2019ApprovedAdditions & alterations
Proposed amendment to the approved additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)
- 3 May 2019ApprovedAdditions & alterations
Proposed additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)
11 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$54.50 per unit).
How does Irrawaddy Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Mount Elizabeth Novena Hospital?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $52.08 | $72.22 | $91.29 |
| Level 2 & 3 · 30 & Below | $101.58 | $129.23 | $143.22 |
| Level 2 & 3 · >30 - 100 | $59.42 | $63.94 | $96.57 |
| Level 1 · >30 - 100 | $74.07 | $96.87 | $116.31 |
| Level 1 · >100 - 300 | $48.14 | $55.10 | $60.66 |
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.
What is available at Mount Elizabeth Novena Hospital right now?
For sale (6)
- Mount Elizabeth Novena Hospital2 agentsS$8.60M · 581 sqft
- Mount Elizabeth Novena Hospital2 agentsS$6.90M · 495 sqft
- Mount Elizabeth Novena HospitalS$10.95M · 775 sqft
- Mount Elizabeth Novena HospitalS$27.19M · 1,937 sqft
For rent (21)
- Mount Elizabeth Novena Hospital2 agentsS$15k/mo · 602 sqft
- Mount Elizabeth Novena Hospital4 agentsS$17k/mo · 603 sqft
- Mount Elizabeth Novena Hospital2 agentsS$29k/mo · 1,055 sqft
- Mount Elizabeth Novena Specialist Centre2 agentsS$9k/mo · 130 sqft
What is near Mount Elizabeth Novena Hospital?
Getting around
- Novena MRT194 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Mount Elizabeth Novena Hospital
nearest MRT/LRT Novena (NS20) 119 m, about 85,000 taps a weekday; bus stops within 400 m: 5, about 17,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 37,000 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)119 m · about 85,000 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 Mount Elizabeth Novena Hospital. Transfers between lines don't tap, so interchanges read low.
Bus
5 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 1 Thomson Road (HDB)374 mS$0.60 per half-hour at midday on a weekday · 67 car lots
- Shan Rd (URA)428 mS$0.60 per half-hour at midday on a weekday · 11 car lots
- Blk 2 Balestier Road (HDB)464 mS$0.60 per half-hour at midday on a weekday · 45 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Shrewsbury Area, 669 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Mount Elizabeth Novena Hospital's own car park, if it has one, and its charges are not in the open data.
Who's registered at Mount Elizabeth Novena Hospital?
- Health and social services220
- Financial and insurance27
- Professional, scientific and technical services11
- Administrative and support services7
- Real estate6
- Wholesale and retail trade3
- Information and communications1
- Education1
- Manufacturing1
- Transportation and storage1
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. ACRA, as of 2026-09-16.
What is Mount Elizabeth Novena Hospital's BCA building profile?
- BCA building type
- Private Hospital (Private)
- Green Mark
- Platinum (2014)
- Energy use intensity
- 364 kWh/m²·yr
Frequently asked questions about Mount Elizabeth Novena Hospital
Where is Mount Elizabeth Novena Hospital?⌄
Mount Elizabeth Novena Hospital is at Irrawaddy Road, Singapore 329563, in the Novena planning area.
What is Mount Elizabeth Novena Hospital zoned as?⌄
Mount Elizabeth Novena Hospital sits on land zoned health & medical care under the URA Master Plan, with a gross plot ratio of 4.2.
Have there been any recorded transactions at Mount Elizabeth Novena Hospital?⌄
No caveats have been lodged for Mount Elizabeth Novena Hospital in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.
What is the nearest MRT station to Mount Elizabeth Novena Hospital?⌄
Novena MRT is the closest, 199 m away (about a 3-minute walk).
How many businesses are registered at Mount Elizabeth Novena Hospital?⌄
328 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.
The facts are here — now get the verdict on Mount Elizabeth Novena Hospital.
Ask what a unit here would fetch, what the zone allows, or how it compares.
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