SLA awards tender for Moulmein Road site to Country City Investment
SLA had actually released the cost and quality tender for the location in May 2025. The tender identified a selection of authorized usages for the place, entailing co-living slots, health, fitness and health, pet-friendly services, art gallery, and scholastic plans, and many more. Approximately 41,900 sq ft of GFA could be allocated for F&B and retail usages, with F&B usage capped at around 20,956 sq ft.
In a Dec 8 launch, Country City Investment states it prepares to revive the real estate with considerate flexible recycle and activation of the site’s heritage forms and open areas. “Our hope is to maintain the ancestry of the estate whilst changing it right into an area where individuals from all profession can get together, check out and feel comfortable, from eating out and health to understanding, play and a curated retail offering,” states Dylan Soh, business growth executive at Nation City Investment.
The tender for the Moulmein Road area shut off in August this year, inviting 13 proposals. Country City Investment became the leading prospective buyer, with a leasing proposal of $388,800 monthly. The master use is for a five-year term with the alternative to restore for one more 4 years.
The Singapore Land Authority (SLA) has recently allocated the tender for a collection of heritage real properties at 2 Moulmein Roadway. The master occupancy for the place, that makes up over 40 facilities with an overall gross floor location (GFA) of around 139,700 sq ft, was rewarded to Country City Investment.
Country City Investment is a Singapore-based property developer best understood for developing the Dempsey Hillside way of life enclave. In 2006, the business was granted the SLA tenders for 2 places at Dempsey Roadway and Dempsey Hillside, that it changed right into a lifestyle and leisure cluster with eating establishments, retail and entertainment services that kicked off in 2007.
The overhauled building is going to consist of thematic areas created for various age and activities, dining establishments and coffee shops, sporting activities and health centers, enrichment and discovering rooms, and pet-friendly locations. “We are developing a place that honors traditions, advocates sustainability, and provides significant expertises for locals and guests similarly,” includes Soh. It is register to start in 1Q2027.
Union Square Residences City Developments Limited
Situated near the Novena place, the site has an acreage of 985,350 sq ft. Initially built in 1913 as the Middleton Medical facility, the location later on progressed right into the Transmittable Illness Center. The place was actually shut in 2018 when the National Centre for Contagious Diseases was transferred to a brand-new location just within Tan Tock Seng Healthcare Facility. It continued to be with Tan Tock Seng Health Center till it was gone back to the state in 2023. It is just within strolling range of the Novena MRT Terminal.
Country City Investment’s proposal of $388,800 in a month rental fee for 2 Moulmein Road is 1.78% greater than the second-highest bid of $382,000 monthly, that emerged from Cherryloft Resorts and Hotels.
