Velocity @ Novena Square
Velocity @ 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. ACRA records 0 live company registrations at this address.
What are the key facts about Velocity @ Novena Square?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- Not on record
- District / Area
- District 11 · Novena
- Address
- —
- Land area
- —
- Transactions on record
- None recorded
- Live listings
- None
- ACRA registrations
- 0
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 Velocity @ Novena Square
Velocity @ Novena Square is a commercial building in Novena (District 11). It is located along Thomson Road.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2.
The nearest MRT is Novena MRT, 107 m away (about a 2-minute walk). The closest bus stop (Novena Stn) is 167 m away (about a 3-minute walk). Square 2 is 132 m away (about a 2-minute walk).
What is Velocity @ Novena Square zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
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 Velocity @ 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 near Velocity @ Novena Square?
Getting around
- Novena MRT107 m · ~2 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Velocity @ Novena Square?
- Live registrations
- 0
- Registered last 3 years
- 0
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.
Frequently asked questions about Velocity @ Novena Square
Where is Velocity @ Novena Square?⌄
Velocity @ Novena Square is at Thomson Road, in the Novena planning area.
What is Velocity @ Novena Square zoned as?⌄
Velocity @ Novena Square sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.
Have there been any recorded transactions at Velocity @ Novena Square?⌄
No caveats have been lodged for Velocity @ Novena Square 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 Velocity @ Novena Square?⌄
Novena MRT is the closest, 107 m away (about a 2-minute walk).
The facts are here — now get the verdict on Velocity @ 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.