Novena Square
Novena Square is a commercial building in District 11 · Novena, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 70 years remaining. 1 transaction is on record since 1995, most recently in Jan 2001. 9 units are currently listed for rent. ACRA records 24 live company registrations at this address.
What are the key facts about Novena Square?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 11 · Novena
- Address
- 238 Thomson Road
- Land area
- 16,672 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- 9
- ACRA registrations
- 24
About Novena Square
Novena Square is a commercial building in Novena (District 11). It is located along Thomson Road, Singapore 307683.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2.
The site is leasehold, with about 70 years remaining on the lease. It occupies roughly 16,672 sqm of land with about 73,663 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$1,557 psf. The most recent was in January 2001.
24 businesses are currently registered at this address with ACRA.
The nearest MRT is Novena MRT, 70 m away (about a 1-minute walk). The closest bus stop (Novena Stn) is 139 m away (about a 2-minute walk). Velocity @ Novena Square is 21 m away (about a 0-minute walk).
What is Novena Square zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
What has Novena Square sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2001 | Office | S$6.30M | 4,047 sqft | $1,557 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Thomson Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Novena Square?
Indicative area yield — District 11 retail
An INDICATIVE AREA yield for District 11 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 11 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is available at Novena Square right now?
For rent (9)
- ⭐️Novena - Retail/ServicesS$16k/mo · 850 sqft
- Fitted Office near Novena MRTS$38k/mo · 4,015 sqft
- Column Free Fitted Officesss with Pano View Near Novena MRTS$48k/mo · 5,543 sqft
- ☎️Rare Retail Space @ Novena | Prime Location | Excellent FootfallS$40k/mo · 2,842 sqft
What is near Novena Square?
Getting around
- Novena MRT70 m · ~1 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Novena Square?
- Live registrations
- 24
- Registered last 3 years
- 4
- 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.
What is Novena Square's BCA building profile?
- BCA building type
- Office
- Green Mark
- GoldPlus (2018)
- Energy use intensity
- 319 kWh/m²·yr
Frequently asked questions about Novena Square
Where is Novena Square?⌄
Novena Square is at 238 Thomson Road, Singapore 307683, in the Novena planning area.
What is Novena Square zoned as?⌄
Novena Square sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of Novena Square?⌄
Novena Square is leasehold. About 70 years remain on the lease.
What have units at Novena Square sold for?⌄
Across 1 recorded transaction, the median price is S$1,557 psf. The latest was in January 2001.
What is the nearest MRT station to Novena Square?⌄
Novena MRT is the closest, 70 m away (about a 1-minute walk).
How many businesses are registered at Novena Square?⌄
24 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 Novena Square.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.