CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 11 · Novena

Novena Gardens

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Novena Gardens is a commercial building in District 11 · Novena, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 1.4. ACRA records 35 live company registrations at this address.

1

What are the key facts about Novena Gardens?

Key takeawayNovena Gardens is a commercial building in District 11 · Novena, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
1.4
Tenure
Not on record
District / Area
District 11 · Novena
Address
273 Thomson Road
Land area
2,414 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
35

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.

2

About Novena Gardens

Novena Gardens is a mixed-use building in Novena (District 11). It is located along Thomson Road, Singapore 307644.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 1.4.

It occupies roughly 2,414 sqm of land with about 3,379 sqm of gross floor area.

35 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 204 m away (about a 3-minute walk). The closest bus stop (Bef Novena Stn Exit B) is 74 m away (about a 1-minute walk). Velocity @ Novena Square is 214 m away (about a 3-minute walk).

3

What is Novena Gardens zoned as?

Key takeawayNovena Gardens sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 1.4.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
1.4

Run the full zoning report for this building →

4

How does Thomson Road price?

Strata sales on the street (5y)
9

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.

5

What do commercial rents run near Novena Gardens?

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)
$4,308 psf
16 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.

6

What is near Novena Gardens?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 204 m away.

Getting around

Amenities nearby

Bef Novena Stn Exit B · 74 mCold Storage Singapore (1983) Pte Ltd · 89 mPlace Of Worship · 92 mOneDoctors Family Clinic · 97 mEducational Institution · 139 mGentle Dr Pg · 144 mNovena MRT Exit B · 163 mVelocity @ Novena Square · 214 mHotel · 264 mMount Elizabeth Novena Hospital · 308 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Novena Gardens?

Key takeawayACRA records 35 live company registrations at this address, 3 of them in the last three years.
Live registrations
35
Registered last 3 years
3
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.

8

Frequently asked questions about Novena Gardens

Where is Novena Gardens?

Novena Gardens is at 273 Thomson Road, Singapore 307644, in the Novena planning area.

What is Novena Gardens zoned as?

Novena Gardens sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 1.4.

Have there been any recorded transactions at Novena Gardens?

No caveats have been lodged for Novena Gardens 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 Novena Gardens?

Novena MRT is the closest, 204 m away (about a 3-minute walk).

How many businesses are registered at Novena Gardens?

35 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.

For agents · in the PropKaki app

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This development is also registered as the residential project Novena Gardens.

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