IndustrialBUSINESS 1FreeholdDistrict 13 · Toa Payoh

Novelty Bizcentre

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2026
Quick Summary

Novelty Bizcentre is a industrial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 120 transactions are on record since 1995, most recently in Apr 2026. 9 units are currently listed for sale or rent. ACRA records 553 live company registrations at this address.

1

What are the key facts about Novelty Bizcentre?

Key takeawayNovelty Bizcentre is a industrial building in District 13 · Toa Payoh, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 13 · Toa Payoh
Address
18 Howard Road
Land area
3,804 sqm
Transactions on record
120 (records start 1995)
Live listings
9
ACRA registrations
553
2

About Novelty Bizcentre

Novelty Bizcentre is an industrial building in Toa Payoh (District 13). It is located along Howard Road, Singapore 369585.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is freehold. It sits on about 3,804 sqm of land with roughly 9,509 sqm of gross floor area.

120 transactions have been recorded here, at a median of S$978 psf. The most recent was in April 2026.

Across JTC's rental returns for Howard Road, the median rent for industrial space on this street works out to about S$2.47 psf per month over 38 observations. Observed medians on the street span S$0.20 to S$3.63 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 7.3 km away. The closest business-park zone is about 582 m away. The nearest MRT is Tai Seng MRT, 305 m away (about a 5-minute walk). The closest bus stop (Sky Green Condo) is 166 m away (about a 3-minute walk).

553 businesses are currently registered at this address with ACRA.

3

What is Novelty Bizcentre zoned as?

Key takeawayNovelty Bizcentre sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has Novelty Bizcentre sold for?

Key takeawayAcross 120 recorded transactions since 1995, the median price is about S$1.26M, most recently in Apr 2026.
DateUsePriceAreaPSF
Apr 2026Multiple-user FactoryS$1.64M1,249 sqft$1,312
Jan 2026Multiple-user FactoryS$1.89M1,830 sqft$1,032
Nov 2025Multiple-user FactoryS$1.80M1,862 sqft$967
Aug 2025Multiple-user FactoryS$1.50M1,173 sqft$1,274
Jul 2025WarehouseS$1.65M1,216 sqft$1,357
Jan 2025Multiple-user FactoryS$1.89M1,862 sqft$1,014
Sept 2024WarehouseS$1.59M1,378 sqft$1,153
Apr 2024Multiple-user FactoryS$1.32M1,109 sqft$1,189
Mar 2024Multiple-user FactoryS$1.25M1,087 sqft$1,150
Feb 2024Multiple-user FactoryS$1.37M1,270 sqft$1,078

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 Howard Road price?

Key takeawayHoward Road's current JTC street rent is S$35.64 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.5% (3.1% net of property tax).
Strata sales on the street (5y)
22
Street median PSF (strata)
$1,138
Indicative street yield
3.5% gross
3.1% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

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

6

What is available at Novelty Bizcentre right now?

Key takeaway9 units are currently listed at Novelty Bizcentre2 for sale and 7 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • Novelty BizCentre2 agentsS$2.95M · 2,301 sqft
  • Novelty BizCentre3 agentsS$1.86M · 1,657 sqft

For rent (7)

  • Novelty BizCentre3 agentsS$14k/mo · 2,616 sqft
  • Novelty BizCentre5 agentsS$6k/mo · 1,389 sqft
  • Novelty BizCentreS$6k/mo · 1,389 sqft
  • Novelty BizCentre2 agentsS$4k/mo · 1,249 sqft

Browse every listing at this building →

7

What is near Novelty Bizcentre?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 305 m away.

Getting around

Amenities nearby

Sky Green Condo · 166 mWinnie Medical Centre · 230 mTai Seng MRT Exit B · 272 mEducational Institution · 338 mBusiness Park · 582 mBlk 80 Circuit Road · 728 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Novelty Bizcentre?

Key takeawayACRA records 553 live company registrations at this address, 155 of them in the last three years.
Live registrations
553
Registered last 3 years
155

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$26.60 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$26.60 psm/mo
Observed range
S$2.14 – S$39.11

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

10

Frequently asked questions about Novelty Bizcentre

Where is Novelty Bizcentre?

Novelty Bizcentre is at 18 Howard Road, Singapore 369585, in the Toa Payoh planning area.

What is Novelty Bizcentre zoned as?

Novelty Bizcentre is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Novelty Bizcentre?

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Novelty Bizcentre?

Novelty Bizcentre is freehold.

What have units at Novelty Bizcentre sold for?

Across 120 recorded transactions, the median is S$978 psf. The latest was in April 2026.

What does industrial space near Novelty Bizcentre rent for?

JTC's rental returns for Howard Road put the median at about S$2.47 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Howard Road, not a rent quoted for Novelty Bizcentre itself.

What is the nearest MRT station to Novelty Bizcentre?

Tai Seng MRT is the closest, 305 m away (about a 5-minute walk).

How many businesses are registered at Novelty Bizcentre?

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

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