IndustrialHEALTH & MEDICAL CAREDistrict 12 · Novena

Mount Elizabeth Novena Hospital

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Mount Elizabeth Novena Hospital is a industrial building in District 12 · Novena, on land zoned HEALTH & MEDICAL CARE under the URA Master Plan with a gross plot ratio of 4.2. 27 units are currently listed for sale or rent. ACRA records 279 live company registrations at this address.

1

What are the key facts about Mount Elizabeth Novena Hospital?

Key takeawayMount Elizabeth Novena Hospital is a industrial building in District 12 · Novena, zoned HEALTH & MEDICAL CARE.
Asset class
Industrial
Land-use zone
HEALTH & MEDICAL CARE
Gross plot ratio
4.2
Tenure
Not on record
District / Area
District 12 · Novena
Address
38 Irrawaddy Road
Land area
—
Completed
Not on record
Storeys
Not on record
Strata units (MCST)
274
Managing agent
PARKWAY HOSPITALS SINGAPORE PTE LTD
Strata formed
2014 (MCST 4094)
Transactions on record
None recorded
Live listings
27
ACRA registrations
279

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.

2

About Mount Elizabeth Novena Hospital

Mount Elizabeth Novena Hospital is a building in Novena (District 12). It is located along Irrawaddy Road, Singapore 329563.

Under the URA Master Plan the site is zoned Health & Medical Care with a gross plot ratio of 4.2.

The nearest port or airport land is about 6.0 km away. The closest business-park zone is about 4.8 km away. The nearest MRT is Novena MRT, 194 m away (about a 3-minute walk). The closest bus stop (Bef Novena Stn Exit B) is 256 m away (about a 4-minute walk).

328 businesses are currently registered at this address with ACRA.

3

What is Mount Elizabeth Novena Hospital zoned as?

Key takeawayMount Elizabeth Novena Hospital sits on land zoned HEALTH & MEDICAL CARE with a gross plot ratio of 4.2.
Land-use zone
HEALTH & MEDICAL CARE
Gross plot ratio
4.2

Run the full zoning report for this building →

4

Market context around Mount Elizabeth Novena Hospital

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Factory (ground floor): Rent S$1.81 psf/mth
  • Factory (upper floor): Rent S$1.41 psf/mth
  • Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
  • Warehouse (ground floor): Rent S$1.91 psf/mth
  • Warehouse (upper floor): Rent S$1.39 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Factory - Ground Floor: Rent S$1.79 psf/mth
  • Factory - Upper Floor: Rent S$1.57 psf/mth
  • High-Tech: Rent S$3.56 psf/mth
  • Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
  • Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
  • Warehouse - Ground Floor: Rent S$1.81 psf/mth
  • Warehouse - Upper Floor: Rent S$1.49 psf/mth
Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp 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.

5

What's been approved at Mount Elizabeth Novena Hospital?

Key takeawayURA has approved 12 changes of use at Mount Elizabeth Novena Hospital since 2000, most recently in 2023. 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.
  1. 4 May 2023ApprovedFloor 2
    Change of use: retail shop → ancillary hospital use consisting of radiology services

    Proposed change of use of unit #02-XX from retail shop to ancillary hospital use consisting of radiology services at level 2 of the existing mount elizabeth novena hospital on lot 00974v ts 29 at 38 irrawaddy road for parkway hospitals singapore pte ltd (novena planning area)

  2. 15 Dec 2021ApprovedFloor 1
    Change of use: shop → restaurant

    Proposed change of use of unit #01-XX from shop to restaurant at level 1 of the existing mount elizabeth novena hospital

  3. 10 Dec 2021Approved
    Additions & alterations

    Proposed amendment to the approved additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)

  4. 6 Oct 2021ApprovedFloor 1
    Change of use: restaurant → medical suite

    Proposed change of use of unit #01-XX from restaurant to medical suite and unit #01-XX from medical suite to shop at level 1 of the existing mount elizabeth novena hospital

  5. 16 Apr 2021Approved
    Additions & alterations

    Proposed additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)

  6. 13 Oct 2020Approved
    Additions & alterations

    Proposed addition of covered linkways to the existing 14-storey hospital with 2 basements at mount elizabeth novena hospital

  7. 24 Sept 2020ApprovedFloor 2
    Additions & alterations

    Proposed additions & alterations to the 2nd storey to convert existing medical suites (#02-XX) & part hospital ancillary area to day recovery wards at mount elizabeth novena hospital

  8. 23 Sept 2020Approved
    Additions & alterations

    Proposed additions & alterations to the 1st storey including conversion of existing shop to executive health screening facilities at mount elizabeth novena hospital

  9. 13 Aug 2020Approved
    Change of use: hospital ancillary → new hospital inpatient

    Proposed change of use of part 3rd storey from hospital ancillary to new hospital inpatient at existing mount elizabeth novena hospital

  10. 11 Feb 2020ApprovedFloor 9
    Change of use: rehabilation centre → medical suites

    Proposed change of use of part of 9th storey unit #09-XX from rehabilation centre to medical suites at the existing mount elizabeth novena hospital

  11. 12 Dec 2019Approved
    Additions & alterations

    Proposed amendment to the approved additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)

  12. 3 May 2019Approved
    Additions & alterations

    Proposed additions and alterations comprising 2 basement medical facility (proton therapy) to the existing 14-storey hospital with 2 basement at mount elizabeth novena hospital (ura sale parcel 726)

11 earlier change-of-use and A&A decisions are on record since 2000.

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).

6

What is available at Mount Elizabeth Novena Hospital right now?

Key takeaway27 units are currently listed at Mount Elizabeth Novena Hospital — 6 for sale and 21 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Mount Elizabeth Novena Hospital2 agentsS$8.60M · 581 sqft
  • Mount Elizabeth Novena Hospital2 agentsS$6.90M · 495 sqft
  • Mount Elizabeth Novena HospitalS$10.95M · 775 sqft
  • Mount Elizabeth Novena HospitalS$27.19M · 1,937 sqft

For rent (21)

  • Mount Elizabeth Novena Hospital2 agentsS$15k/mo · 602 sqft
  • Mount Elizabeth Novena Hospital4 agentsS$17k/mo · 603 sqft
  • Mount Elizabeth Novena Hospital2 agentsS$29k/mo · 1,055 sqft
  • Mount Elizabeth Novena Specialist Centre2 agentsS$9k/mo · 130 sqft

Browse every listing at this building →

7

What is near Mount Elizabeth Novena Hospital?

Key takeawayThe nearest MRT/LRT is Novena MRT, about 194 m away.

Getting around

Amenities nearby

Mount Elizabeth Novena Hospital · 10 mHealthify Medical Family Clinic · 20 mNovena MRT Exit A · 113 mPlace Of Worship · 146 mSquare 2 · 163 mL M Meat Pte. Ltd · 163 mNovena Pk · 165 mHotel · 197 mEducational Institution · 224 mBef Novena Stn Exit B · 257 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Mount Elizabeth Novena Hospital

Key takeawayThe nearest station is Novena (NS20), 119 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. 3 public car parks are within 500 m.
Foot traffic: busier than 58% of retail buildings

nearest MRT/LRT Novena (NS20) 119 m, about 85,000 taps a weekday; bus stops within 400 m: 5, about 17,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 37,000 residents within 1 km (June 2026); 3 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Stations within 1 km

  • Novena (NS20)119 m · about 85,000 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 Mount Elizabeth Novena Hospital. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 1 Thomson Road (HDB)374 m
    S$0.60 per half-hour at midday on a weekday · 67 car lots
  • Shan Rd (URA)428 m
    S$0.60 per half-hour at midday on a weekday · 11 car lots
  • Blk 2 Balestier Road (HDB)464 m
    S$0.60 per half-hour at midday on a weekday · 45 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Shrewsbury Area, 669 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Mount Elizabeth Novena Hospital's own car park, if it has one, and its charges are not in the open data.

9

Who's registered at Mount Elizabeth Novena Hospital?

Key takeaway279 live companies (and LLPs and branches; sole proprietors are not counted) list Mount Elizabeth Novena Hospital as their registered address. These are registered businesses, not who occupies the space.
  • Health and social services
    220
  • Financial and insurance
    27
  • Professional, scientific and technical services
    11
  • Administrative and support services
    7
  • Real estate
    6
  • Wholesale and retail trade
    3
  • Information and communications
    1
  • Education
    1
  • Manufacturing
    1
  • Transportation and storage
    1

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.

10

Frequently asked questions about Mount Elizabeth Novena Hospital

Where is Mount Elizabeth Novena Hospital?⌄

Mount Elizabeth Novena Hospital is at 38 Irrawaddy Road, Singapore 329563, in the Novena planning area.

What is Mount Elizabeth Novena Hospital zoned as?⌄

Mount Elizabeth Novena Hospital is zoned Health & Medical Care under the URA Master Plan, with a gross plot ratio of 4.2.

Have there been any recorded transactions at Mount Elizabeth Novena Hospital?⌄

No caveats have been lodged for Mount Elizabeth Novena Hospital in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What is the nearest MRT station to Mount Elizabeth Novena Hospital?⌄

Novena MRT is the closest, 194 m away (about a 3-minute walk).

How many businesses are registered at Mount Elizabeth Novena Hospital?⌄

328 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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