CommercialCOMMERCIALDistrict 11 · Novena

Revenue House

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

Revenue House is a commercial building in District 11 · Novena, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.8. ACRA records 8 live company registrations at this address.

The facts are here — now get the verdict on Revenue House.

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What are the key facts about Revenue House?

Key takeawayRevenue House is a commercial building in District 11 · Novena, zoned COMMERCIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 4.8
Tenure: Not on record
District / Area: District 11 · Novena
Address: 55 Newton Road
Land area: 17,757 sqm
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Transactions on record: None recorded
Live listings: None
ACRA registrations: 8

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.

What are the specs at Revenue House?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park, 24-hour security; Source: CommercialGuru

About Revenue House

Revenue House is a commercial building in Novena (District 11). It is located along Newton Road, Singapore 307987.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.8.

It occupies roughly 17,757 sqm of land with about 85,233 sqm of gross floor area.

14 businesses are currently registered at this address with ACRA.

The nearest MRT is Novena MRT, 167 m away (about a 3-minute walk). The closest bus stop (Novena Stn) is 93 m away (about a 2-minute walk). Velocity @ Novena Square is 143 m away (about a 2-minute walk).

What is Revenue House zoned as?

Key takeawayRevenue House sits on land zoned COMMERCIAL with a gross plot ratio of 4.8.

Land-use zone: COMMERCIAL
Gross plot ratio: 4.8

BCA-verified envelope: allowable GFA 85,234 sqm · built 86,492 sqm · headroom -1,258 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 →

What does space at Revenue House rent for?

Key takeawayNo rent is published for Revenue House itself. On its street, Newton Road, office space rented at a median of $10.00 psf a month in 2022Q1. That is not this building's own rent, and never a quote for a particular unit.

Office space on Newton Road

Street level · 2022Q1

25th pct

—

— psm

Median

$10.00

$107.64 psm

75th pct

—

— psm

S$ per sq ft per month (median only published)

URA's percentiles of OFFICE rents 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. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 11 retail

Region band · 2026Q3

25th pct

$12.48

$134.36 psm

Median

$16.43

$176.85 psm

75th pct

$17.64

$189.91 psm

S$ 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 11 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 Revenue House

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Decentralised: Vacancy 3.6%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m sq ft

Singapore Office MarketBeat Q2 2026

Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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.

What's been approved at Revenue House?

Key takeawayURA has approved 2 changes of use at Revenue House since 2000, most recently in 2016. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

28 Oct 2016ApprovedFloor 2
Change of use to office
Proposed change of use of part unit #02-XX to office on lot 00901t ts28 at 55 newton road (novena planning area)
12 Jun 2012Approved
Additions & alterations
Proposed additions & alterations to part 6th storey with slab-over of existing void for use as childcare centre and addition of new staircase linking to the existing childcare centre at 5th storey of the existing revenue house
23 Apr 2012Approved
Additions & alterations
Proposed amendment to approved additions & alterations to existing recreation club at 5th storey and conversion of part corridor and lobby area to childcare use at the existing revenue house
31 Dec 2011Approved
Additions & alterations
Proposed additions & alterations to the existing recreation club at 5th storey and conversion of part corridor and lobby area to childcare use at the existing revenue house
15 May 2008Approved
Additions & alterations
Proposed regularisation of gfa and amendment to approved conversion of existing carpark spaces at basement 2 within existing office development
2 Aug 2007Approved
Additions & alterations
Proposed conversion of existing carpark spaces at basement 2 within existing office development
30 Mar 2001ApprovedFloor 1
Change of use: office → exhibition room
Proposed change of use of unit #01-XX from office to exhibition room

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).

What do commercial rents run near Revenue House?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 11 retail

Gross yield (area)

4.6%

4.1% net of property tax

Rent side (median of bands)

$176.85 psm/mo

2026Q3

Price side (strata, 5y)

$4,327 psf

15 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, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$134.36	$181.39	$189.91
Level 1 · 30 & Below	$96.71	$98.15	$108.07
Level 1 · >30 - 100	$138.32	$176.85	$254.10

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 near Revenue House?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 167 m away.

Getting around

Novena MRT167 m · ~3 min

Amenities nearby

Island Medical Clinic · 63 mNovena MRT Exit B · 88 mNovena Stn · 93 mCold Storage Singapore (1983) Pte Ltd · 143 mVelocity @ Novena Square · 143 mPlace Of Worship · 161 mHotel · 193 mGentle Dr Pg · 235 mEducational Institution · 266 mMount Elizabeth Novena Hospital · 339 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Revenue House

Key takeawayThe nearest station is Novena (NS20), 88 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Blk 1 Thomson Road (HDB), 608 m away; the nearest URA season parking is Shrewsbury Area, 715 m away (S$80/month).

Foot traffic: busier than 38% of office buildings

nearest MRT/LRT Novena (NS20) 88 m, about 85,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 24,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 30,000 residents within 1 km (June 2026). Ranked against 485 office 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), not a count of people.

Stations within 1 km

Novena (NS20)88 m · about 85,000 weekday taps
Newton (NS21 / DT11)819 m · about 116,000 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 Revenue House. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 24,000 boardings and alightings on an average weekday.

Who's registered at Revenue House?

Key takeaway8 live companies (and LLPs and branches; sole proprietors are not counted) list Revenue House as their registered address. These are registered businesses, not who occupies the space.

Health and social services
5
Arts, entertainment and recreation
1
Education
1
Other services
1
Wholesale and retail trade
0
Accommodation and food services
0
Professional, scientific and technical services
0

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 Revenue House's BCA building profile?

BCA building type: Office
Green Mark: Platinum (2014)
Energy use intensity: 165 kWh/m²·yr

Frequently asked questions about Revenue House

Where is Revenue House?⌄

Revenue House is at 55 Newton Road, Singapore 307987, in the Novena planning area.

What is Revenue House zoned as?⌄

Revenue House sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.8.

Have there been any recorded transactions at Revenue House?⌄

No caveats have been lodged for Revenue House 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 Revenue House?⌄

Novena MRT is the closest, 167 m away (about a 3-minute walk).

How many businesses are registered at Revenue House?⌄

14 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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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.