CommercialHOTELLeaseholdDistrict 11 · Novena

Oasia Hotel

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2024
Quick Summary

Oasia Hotel is a commercial building in District 11 · Novena, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 80 years remaining. 13 transactions are on record since 1995, most recently in Dec 2024. 15 units are currently listed for sale or rent. ACRA records 59 live company registrations at this address.

1

What are the key facts about Oasia Hotel?

Key takeawayOasia Hotel is a commercial building in District 11 · Novena, zoned HOTEL, held leasehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
4.2
Tenure
Leasehold
District / Area
District 11 · Novena
Address
8 Sinaran Drive
Land area
5,789 sqm
Transactions on record
13 (records start 1995)
Live listings
15
ACRA registrations
59
2

About Oasia Hotel

Oasia Hotel is a commercial building in Novena (District 11). It is located along Sinaran Drive, Singapore 307470.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 4.2.

The site is leasehold, with about 80 years remaining on the lease. It occupies roughly 5,789 sqm of land with about 24,312 sqm of gross floor area.

13 transactions have been recorded here, at a median of S$4,536 psf. The most recent was in December 2024.

59 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 120 m away (about a 2-minute walk). The closest bus stop (St. Joseph Instn Jnr) is 223 m away (about a 4-minute walk).

3

What is Oasia Hotel zoned as?

Key takeawayOasia Hotel sits on land zoned HOTEL with a gross plot ratio of 4.2.
Land-use zone
HOTEL
Gross plot ratio
4.2
BCA-verified envelope: allowable GFA 24,314 sqm · built 22,765 sqm · headroom 1,549 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Oasia Hotel sold for?

Key takeawayAcross 13 recorded transactions since 1995, the median price is about S$3.44M, most recently in Dec 2024.
DateUsePriceAreaPSF
Dec 2024RetailS$4.15M872 sqft$4,760
Jun 2014RetailS$3.71M764 sqft$4,848
Jun 2014RetailS$3.29M678 sqft$4,849
Jun 2014RetailS$3.44M710 sqft$4,847
Jun 2014RetailS$4.23M872 sqft$4,851
Nov 2013RetailS$3.17M689 sqft$4,601
Nov 2013RetailS$4.15M915 sqft$4,536
Sept 2012RetailS$3.39M818 sqft$4,150
Aug 2011RetailS$3.26M818 sqft$3,980
Jun 2011RetailS$15.18M4,090 sqft$3,711

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 Sinaran Drive price?

Key takeawayAcross 12 strata sales on Sinaran Drive in the last 5 years, the median is $4,264 psf.
Strata sales on the street (5y)
12
Street median PSF (strata)
$4,264

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Oasia Hotel?

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.

7

What is available at Oasia Hotel right now?

Key takeaway15 units are currently listed at Oasia Hotel10 for sale and 5 for rent. One row per unit; several agents often market the same unit.

For sale (10)

  • Novena Specialist CenterS$3.50M · 732 sqft
  • Novena Specialist Center7 agentsS$6.80M · 1,442 sqft
  • Novena Specialist Center2 agentsS$3.89M · 667 sqft
  • Novena Specialist CenterS$4.09M · 700 sqft

For rent (5)

  • Novena Specialist Centre5 agentsS$11k/mo · 710 sqft
  • Novena Specialist Center2 agentsS$10k/mo · 700 sqft
  • Novena Specialist Center2 agentsS$11k/mo · 504 sqft
  • Novena Specialist CenterS$12k/mo · 775 sqft

Browse every listing at this building →

8

What is near Oasia Hotel?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 120 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mSugino International Clinic · 12 mNovena MRT Exit A · 128 mPlace Of Worship · 178 mEducational Institution · 207 mSt. Joseph Instn Jnr · 223 mMount Elizabeth Novena Hospital · 244 mNovena Pk · 338 m

Competing premises nearby

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

Square 2 · 105 mNTUC Fairprice Co-operative Ltd · 105 mPek Kio Market & Food Centre · 741 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Oasia Hotel?

Key takeawayACRA records 59 live company registrations at this address, 10 of them in the last three years.
Live registrations
59
Registered last 3 years
10
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

What is Oasia Hotel's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
357 kWh/m²·yr
11

Frequently asked questions about Oasia Hotel

Where is Oasia Hotel?

Oasia Hotel is at 8 Sinaran Drive, Singapore 307470, in the Novena planning area.

What is Oasia Hotel zoned as?

Oasia Hotel sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of Oasia Hotel?

Oasia Hotel is leasehold. About 80 years remain on the lease.

What have units at Oasia Hotel sold for?

Across 13 recorded transactions, the median price is S$4,536 psf. The latest was in December 2024.

What is the nearest MRT station to Oasia Hotel?

Novena MRT is the closest, 120 m away (about a 2-minute walk).

How many businesses are registered at Oasia Hotel?

59 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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