Industrial33 buildingsPlanning area

Industrial buildings in Novena

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

PropKaki tracks 33 industrial buildings in Novena. Most sit on BUSINESS 1 land, with RESIDENTIAL next. Across 57 recorded transactions in the last 5 years, the median price is about S$2.65M (S$1,511 psf). 32 units are listed for sale and 40 for rent.

1

Which industrial buildings are in Novena?

Key Takeaway

33 buildings are tracked in Novena.

Showing 30 of 33 tracked buildings.

2

What do industrial properties in Novena sell for?

Key Takeaway

In the last 12 months, 30 transactions in Novena closed at a median of about S$2.70M (S$1,523 psf); over five years the median is S$2.65M across 57 deals.

Transactions (12m)

30

URA/JTC records

Transactions (5y)

57

URA/JTC records

Median price (12m)

S$2.70M

recent deals

Median PSF (12m)

S$1,523 psf

strata & land mix

3

What is for sale or rent in Novena?

Key Takeaway

32 units are listed for sale and 40 for rent in Novena, one row per unit.

For sale

32

deduplicated units

For rent

40

deduplicated units

Browse rentals in Novena · Browse sales →

4

What are the most recent industrial deals in Novena?

Key Takeaway

The latest recorded deal in Novena closed in Jul 2026 at S$2.73M (Space 18).

DatePropertyUsePricePSF
Jul 2026Space 18Multiple-user FactoryS$2.73M$1,577
Jun 2026Golden Wall Flatted FactoryMultiple-user FactoryS$1.24M$1,019
Jun 2026Space 18Multiple-user FactoryS$2.73M$1,574
Jun 2026Mun Hean Industrial BuildingMultiple-user FactoryS$7.50M$929
May 2026Space 18Multiple-user FactoryS$2.62M$1,512
May 2026Space 18Multiple-user FactoryS$2.73M$1,544
Apr 2026Golden Wall Flatted FactoryMultiple-user FactoryS$1.64M$1,151
Mar 2026Space 18Multiple-user FactoryS$2.76M$1,592

The latest recorded URA/JTC deals in Novena. Strata and land deals mix in one list — their PSF is not comparable.

5

What is industrial land in Novena zoned as?

Key Takeaway

Most tracked buildings in Novena sit on BUSINESS 1 land, followed by RESIDENTIAL (URA Master Plan).

BUSINESS 1 · 17RESIDENTIAL · 2HEALTH & MEDICAL CARE · 1
6

Frequently asked questions

Which industrial buildings are in Novena?

PropKaki tracks 33 industrial buildings in Novena, including Golden Wall Flatted Factory, Space 18, Skywaves Industrial Building, Mun Hean Industrial Building, 10a Jalan Ampas.

What do industrial properties in Novena sell for?

Across 57 recorded transactions in the last 5 years, the median price is about S$2.65M (S$1,511 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is industrial land in Novena zoned as?

Of the tracked buildings in Novena, 17 sit on BUSINESS 1 land, 2 sit on RESIDENTIAL land, 1 sits on HEALTH & MEDICAL CARE land under the URA Master Plan.

Are there industrial units for sale or rent in Novena?

Yes — 32 units for sale and 40 units for rent are currently listed in Novena across the commercial portals, deduplicated to one row per unit.

For agents · in the PropKaki app

Found the unit? Now check the asking price against the evidence.

PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.

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Is $6.50 psf a fair monthly rent for a B1 factory unit in Ubi?

Ubi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.

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