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Commercial Directory · Office · Retail · District 8

New World Centre

6 sales from May 2024 to Jun 2025, at a median $1,196 psf (May 2024 to Jun 2025).

District 8 At a glance

Median psf, all sales
$1,196
Sales since May 2024
6
Latest sale, Jun 2025
$1,944 psf
Tenure
99-year lease

2 of 2 sellers with a known purchase price sold for more than they paid; the median made 0.7% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20243$1,136
20251$1,944

A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.

6 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
12 Jun 2025Retail1926$1,800,000$1,944ResaleDec 1996, $1.71M$90k0.2%
2 May 2024RetailSeveral units3,940$7,158,245$1,817Resale–––
2 May 2024OfficeSeveral units9,236$11,587,935$1,255Resale–––
2 May 2024Office31,335$1,515,864$1,136ResaleNov 2000, $1.12M$399k1.3%
2 May 2024Office35,737$7,205,642$1,256Resale–––
2 May 2024Office24,435$4,210,732$949Resale–––

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

New World Centre Questions

How much does a unit at New World Centre cost?

4 unit sales at New World Centre from May 2024 to Jun 2025 went for $949 to $1,944 psf, a median $1,196 psf on units of 926 to 5,737 sq ft. The latest, in Jun 2025, was $1,800,000 for 926 sq ft ($1,944 psf).

Did sellers at New World Centre make money?

2 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $244k, 0.7% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is New World Centre?

The sales here are office and retail units in District 8 (Rest of Central Region), most on a 99-year lease title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 8 Nearby buildings

All 302 buildings