IndustrialBUSINESS 1FreeholdDistrict 19 · Hougang

Novelty Techpoint

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2026

Quick Summary

Novelty Techpoint is a industrial building in District 19 · Hougang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 41 transactions are on record since 1995, at a median S$616 psf, most recently in Aug 2026. 8 units are currently listed for sale or rent. ACRA records 107 live company registrations at this address.

The facts are here — now get the verdict on Novelty Techpoint.

Ask PropKaki

What are the key facts about Novelty Techpoint?

Key takeawayNovelty Techpoint is a industrial building in District 19 · Hougang, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 19 · Hougang
Address: 27 New Industrial Road
Land area: 4,333 sqm
Completed: 2017 (JTC industrial completions)
Storeys: Not on record
Developer: Novelty Dept Store Pte Ltd (JTC industrial completions)
Strata units (MCST): 62
Strata formed: 2018 (MCST 4611)
Units with a recorded sale: At least 36
Listed as: Light Industrial (B1)
Transactions on record: 41 (records start 1995)
Live listings: 8
ACRA registrations: 107

What are the specs at Novelty Techpoint?

Key takeawayThe building's specs as its sources state them. A developer's brochure gives the building as designed at launch — a unit may have been altered since, so the listing agent or the management can confirm a unit's own.

Floor-to-floor height: 6.3 m; 10th STOREY 3; 9th STOREY 3.15; 8th STOREY [inclusive of Mezzanine] 6.3; 7th STOREY [inclusive of Mezzanine] 6.3; 6th STOREY [inclusive of Mezzanine] 6.3; 5th STOREY [inclusive of Mezzanine] 6.3; 3rd STOREY [inclusive of Mezzanine] 6.3; …; Source: the developer's sales brochure
Floor loading: 10 kN/m²; 1st storey [production & ancillary office on same level] 10; 2nd and 3rd storey [production & ancillary office on same level] 7.5; 5th to 8th storey [production & ancillary office on same level] 7.5; 9th storey [production] 7.5; …; Source: the developer's sales brochure
Power supply: 60A; Source: the developer's sales brochure
Cargo / goods lifts: 2; Source: the developer's sales brochure
Passenger lifts: 2; Source: the developer's sales brochure
Loading bays: 4; Source: the developer's sales brochure
Facilities: swimming pool, gym, showers / end-of-trip; Source: the developer's sales brochure

Specs from the developer's sales brochure are the building as designed at launch; units may have been altered since.

Are there floor plans for Novelty Techpoint?

Key takeawayWe hold the developer's sales-brochure floor plans for Novelty Techpoint — 14 plans, linked to 36 of the 36 units with a recorded sale. Ask PropKaki for the plan of a unit or a size. As designed at launch; units may have been altered.

Plans we hold

2nd storey
2nd storey (mezzanine)
3rd storey
3rd storey (mezzanine)
5TH STOREY
5TH STOREY MEZZANINE
6TH STOREY
6TH STOREY MEZZANINE
7TH STOREY
7TH STOREY MEZZANINE
8TH STOREY
8TH STOREY MEZZANINE
and 2 more

Units with a plan: 36 · 2,540 sq ft – 3,563 sq ft (recorded sales)

Source: developer's sales brochure.

About Novelty Techpoint

Novelty Techpoint is an industrial building in Hougang (District 19). It is located along New Industrial Road, Singapore 536212.

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 4,333 sqm of land with roughly 10,984 sqm of gross floor area.

40 transactions have been recorded here, at a median of S$615 psf. The most recent was in April 2026.

Across JTC's rental returns for New Industrial Road, the median rent for industrial space on this street works out to about S$2.03 psf per month over 104 observations. Observed medians on the street span S$0.88 to S$2.86 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 15,440 sqm of gross floor area, the earliest due around 2028.

The nearest port or airport land is about 7.1 km away. The closest business-park zone is about 369 m away. The nearest MRT is Bartley MRT, 612 m away (about a 10-minute walk). The closest bus stop (Aft Rochdale Rd) is 262 m away (about a 4-minute walk).

117 businesses are currently registered at this address with ACRA.

What is Novelty Techpoint zoned as?

Key takeawayNovelty Techpoint 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 →

What has Novelty Techpoint sold for?

Key takeawayAcross 41 recorded transactions since 1995, the median price is about S$1.88M, most recently in Aug 2026.

Date	Use	Price	Area	PSF
Aug 2026	Multiple-user Factory	S$2.21M	2,992 sqft	$738
Apr 2026	Multiple-user Factory	S$2.26M	3,089 sqft	$732
Jan 2026	Multiple-user Factory	S$2.48M	3,563 sqft	$696
May 2025	Multiple-user Factory	S$1.89M	2,540 sqft	$744
Dec 2024	Multiple-user Factory	S$2.15M	3,089 sqft	$696
Sept 2023	Multiple-user Factory	S$2.10M	3,089 sqft	$680
Oct 2022	Multiple-user Factory	S$2.40M	3,563 sqft	$674
Apr 2021	Multiple-user Factory	S$1.70M	2,982 sqft	$569
Apr 2021	Multiple-user Factory	S$1.65M	2,992 sqft	$553
Apr 2021	Multiple-user Factory	S$1.80M	3,014 sqft	$597

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. sqm ↔ sq ft converter

What does space at Novelty Techpoint rent for?

Key takeawayJTC publishes leases at Novelty Techpoint itself: strata factory space leased at a median of $2.31 psf a month in 2023Q1, with the middle half of leases between $2.20 and $2.39. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2023Q1

25th pct

$2.20

$23.68 psm

Median

$2.31

$24.86 psm

75th pct

$2.39

$25.76 psm

S$ per sq ft per month

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on New Industrial Road

Street level · 2026Q3

25th pct

—

— psm

Median

$2.84

$30.60 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +4.2% on a year earlier

2023Q4 · $23.43 psm2026Q3 · $30.60 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around Novelty Techpoint

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.

How fast units move at Novelty Techpoint

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 5 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Novelty Techpoint?

Key takeawayURA has approved 3 changes of use at Novelty Techpoint since 2000, most recently in 2025, and refused 2. 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.

19 Nov 2025ApprovedFloor 2
Change of use to industrial canteen
Proposed change of use of unit #02-XX to industrial canteen
14 Dec 2023ApprovedFloor 9
Change of use to production and storage use
Proposed change of use of unit #09-XX to production and storage use
28 Nov 2023ApprovedFloor 3
Change of use to storage and ancillary office
Proposed change of use of unit #03-XX to storage and ancillary office
9 Nov 2021ApprovedFloor 5
Additions & alterations
Addition/alteration to the existing 10-storey multi-user industrial development involving extension/conversion/alteration to the unit #05-XX
6 Sept 2021RenewedFloor 1
Continued use as industrial canteen
Continued use of unit #01-XX as industrial canteen
16 Dec 2020Refused
Change of use: industrial canteen → food catering services
Proposed change of use from industrial canteen to food catering services
22 Oct 2020RefusedFloor 1
Change of use: temporary industrial canteen → restaurant with live entertainment
Proposed change of use of unit #01-XX from temporary industrial canteen to restaurant with live entertainment
7 Jul 2018RenewedFloor 1
Continued use as industrial canteen
Continued use of unit #01-XX as industrial canteen

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).

How does New Industrial Road price?

Key takeawayNew Industrial Road's current JTC street rent is S$30.60 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.6% (4.1% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$723

Indicative street yield

4.6% gross

4.1% 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.

What is available at Novelty Techpoint right now?

Key takeaway8 units are currently listed at Novelty Techpoint — 5 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (5)

Novelty Techpoint2 agentsS$3.50M · 3,434 sqft
Novelty Techpoint2 agentsS$2.08M · 2,780 sqft
Novelty Techpoint2 agentsS$2.50M · 3,003 sqft
Novelty Techpoint2 agentsS$2.60M · 3,563 sqft

For rent (3)

Novelty TechpointS$3k/mo · 1,400 sqft
Novelty Techpoint2 agentsS$4k/mo · 1,500 sqft
Novelty Techpoint2 agentsS$8k/mo · 3,718 sqft

Browse every listing at this building →

What is near Novelty Techpoint?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 612 m away.

Getting around

Bartley MRT612 m · ~10 min

Amenities nearby

Educational Institution · 111 mAft Rochdale Rd · 262 mKensington Square Medical Clinic And Surgery · 359 mBusiness Park · 369 mBartley MRT Exit A · 612 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Novelty Techpoint

Key takeawayThe nearest station is Bartley (CC12), 612 m away — a moderately busy station, with about 19,000 taps in and out on an average weekday. 3 public car parks are within 500 m.

Foot traffic: busier than 78% of industrial buildings

nearest MRT/LRT Bartley (CC12) 612 m, about 19,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 6, about 5,036 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 31,000 residents within 1 km (June 2026). Ranked against 8,225 industrial 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

Bartley (CC12)612 m · about 19,000 weekday taps
Tai Seng (CC11)936 m · about 45,000 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 Novelty Techpoint. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 5,036 boardings and alightings on an average weekday.

Public car parks within 500 m

New Industrial Rd (URA)102 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Blk 182 Hougang Street 13 (HDB)381 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 279 car lots
Kim Chuan Rd (URA)488 m
S$0.60 per half-hour at midday on a weekday · 25 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Kampong Ampat Industri Al Estate, 1.0 km away, S$90/month.

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

Who's registered at Novelty Techpoint?

Key takeaway107 live companies (and LLPs and branches; sole proprietors are not counted) list Novelty Techpoint as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
36
Construction
24
Professional, scientific and technical services
14
Manufacturing
10
Information and communications
10
Financial and insurance
6
Administrative and support services
4
Accommodation and food services
2
Health and social services
1
Transportation and storage
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 does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.86 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$21.86 psm/mo
Observed range: S$9.46 – S$30.78
Pipeline on this street: 2 projects · earliest TOP 2028

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.

Frequently asked questions about Novelty Techpoint

Where is Novelty Techpoint?⌄

Novelty Techpoint is at 27 New Industrial Road, Singapore 536212, in the Hougang planning area.

What is Novelty Techpoint zoned as?⌄

Novelty Techpoint 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 Techpoint?⌄

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 Techpoint?⌄

Novelty Techpoint is freehold.

What have units at Novelty Techpoint sold for?⌄

Across 40 recorded transactions, the median is S$615 psf. The latest was in April 2026.

What does industrial space near Novelty Techpoint rent for?⌄

JTC's rental returns for New Industrial Road put the median at about S$2.03 psf per month. That is a street-level figure from undated snapshots covering all industrial space on New Industrial Road, not a rent quoted for Novelty Techpoint itself.

What is the nearest MRT station to Novelty Techpoint?⌄

Bartley MRT is the closest, 612 m away (about a 10-minute walk).

How many businesses are registered at Novelty Techpoint?⌄

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

For agents · in the PropKaki app

The facts are here — now get the verdict on Novelty Techpoint.

Ask what a unit here would fetch, what the zone allows, or how it compares.

Ask PropKaki Try on WhatsApp

PropKaki

Tell me about Novelty Techpoint — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

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.

Specs from the developer's sales brochure are the building as designed at launch; units may have been altered since.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

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 JTC industrial completions, BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, the developer's sales brochure, the developer's sales brochure (floor plans) — see our methodology. Last updated 8 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.