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Novena Square

Retailer / private label

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Novena Square, now marketed as Velocity@Novena Square, is a sports and lifestyle shopping mall integrated with Novena MRT station in Singapore.

Last updated August 24, 2026

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Overview

Novena Square is a mixed-use retail development in Singapore's Novena planning area, positioned directly above Novena MRT station. The property opened in December 2000 and was subsequently associated with the Velocity@Novena Square name, reflecting a sports- and lifestyle-oriented retail concept. Its location gives it a strong transport and catchment advantage: the mall is connected to the North South MRT Line and sits within a dense central-area district characterized by private housing, medical institutions, schools, offices and other shopping facilities. The mall occupies three floors and has been described as containing approximately 160 stores. Its tenant mix is oriented toward sports, active lifestyles, fashion, food and beverage, services and everyday urban convenience. Rather than operating as a specialist medical or financial-services brand, the property functions as a physical retail destination serving residents, commuters, workers, patients, students and visitors to the wider Novena area. The sports positioning differentiates it from nearby United Square, which is oriented toward children and families, and from Square 2, another adjacent shopping centre with a broader specialty-retail, dining, education, beauty and wellness mix. Novena Square forms part of a larger commercial cluster around Novena MRT station. Square 2 is located at the station and is adjacent to the mall, while Novena Medical Centre occupies upper levels of Square 2. The surrounding district also contains Tan Tock Seng Hospital and the wider HealthCity Novena medical and academic complex, as well as Mount Elizabeth Novena Hospital and other healthcare facilities. This setting contributes to a diverse footfall profile beyond conventional residential shopping, including healthcare workers, patients, caregivers and visitors. The mall's history is primarily one of location-led retail development rather than a separately documented consumer-goods brand. Its principal turning point was its opening in 2000 as Novena Square, followed by the development of a new building extension and the use of the Velocity@Novena Square identity. Public reference material identifies Novena Square Investments as the owner. Detailed information about its corporate structure, senior management, financial performance, tenant turnover and individual campaigns is not established in the supplied sources.

History

Novena Square was developed as part of the commercial intensification of Singapore's Novena district and opened in December 2000. Its defining physical characteristic is its integration with Novena MRT station, placing the retail centre above a major public-transport node on the North South Line. This configuration links the property to commuters as well as to surrounding residents, employees and visitors. The development is situated in a district with an unusually broad institutional and commercial base. Novena contains major healthcare facilities, including Tan Tock Seng Hospital and related medical institutions, while private healthcare providers and specialist centres have also clustered nearby. The area includes schools, private residences, offices and other retail properties. Novena Square therefore operates within a mixed catchment rather than relying exclusively on a conventional suburban shopping population. The property was initially known as Novena Square. Following the addition of a new building extension, it became associated with the Velocity@Novena Square name and a sports-themed retail concept. The revised identity emphasized active lifestyles and helped distinguish the mall from neighboring shopping destinations. Public descriptions characterize the centre as a three-storey mall with about 160 stores. A second major retail property, Square 2, opened at Novena MRT station on 10 December 2007. Square 2 is adjacent to Novena Square and has a broader specialty-retail profile, including food and beverage, fashion and accessories, education and enrichment, and beauty and wellness services. Together, the two properties form an important retail cluster around the station. Nearby United Square has a more explicitly children- and family-oriented positioning, creating further segmentation among the area's shopping centres. Available reference material identifies Novena Square Investments as the owner of Novena Square. It does not provide a detailed chronology of ownership changes, management appointments, financial results, major tenant agreements or formal promotional campaigns. Accordingly, the documented history is best understood as the evolution of a transit-oriented Singapore shopping mall from its 2000 opening into the Velocity-branded sports and lifestyle destination associated with the property today.

  • 2007

    Square 2 opens nearby

    [1]

    Square 2 opens on 10 December 2007, adding a neighboring specialty-retail centre to the Novena MRT commercial cluster.

  • 2000

    Novena Square opens

    [1]

    Novena Square opens in December as a retail development directly above Novena MRT station in Singapore.

  • Velocity identity and extension

    [1]

    The property later becomes associated with the Velocity@Novena Square name following a new building extension and a stronger sports-and-lifestyle positioning.

Products and positioning

A centrally located, transit-integrated sports and lifestyle shopping mall serving the Novena healthcare, residential, office, education and commuter catchments.

  • Sports and lifestyle shopping mall · 2000

    Velocity@Novena Square

    The principal retail proposition associated with Novena Square is a sports- and lifestyle-oriented shopping centre. The mall is described as spanning three floors and containing approximately 160 stores. Its accessible position above Novena MRT station supports a mix of active-lifestyle retail, fashion, dining, services and convenience uses. The property is designed as a physical destination rather than a packaged consumer product, with its value proposition based on tenant variety, transport access and proximity to the Novena healthcare, residential, office and education clusters.

Sources3 sources

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