SLA awards tender for Moulmein Road site to Country City Investment
The Singapore Land Authority (SLA) has already allocated the tender for a collection of heritage real estates at 2 Moulmein Roadway. The master occupancy for the location, that makes up over 40 facilities with a complete gross floor location (GFA) of about 139,700 sq ft, was rewarded to Country City Investment.
Situated near the Novena space, the site has an acreage of 985,350 sq ft. Initially built in 1913 as the Middleton Medical facility, the spot later on progressed right into the Infectious Illness Facility. The place was actually shut in 2018 when the National Centre for Contagious Diseases was transferred to a brand-new location inside Tan Tock Seng Healthcare Facility. It continued to be with Tan Tock Seng Healthcare Facility up until it was gone back to the state in 2023. It is in just strolling range of the Novena MRT Terminal.
Country City Investment is a Singapore-based property developer best understood for developing the Dempsey Hillside way of living enclave. In 2006, the business was granted the SLA tenders for 2 places at Dempsey Roadway and Dempsey Hillside, that it improved right into a lifestyle and leisure cluster with dining establishments, retail and leisure services that launched in 2007.
Springleaf Residence showflat location
SLA had actually started the cost and quality tender for the spot in May 2025. The tender listed a selection of authorized usages for the place, consisting of co-living slots, health, fitness and health, pet-friendly services, art gallery, and scholastic plans, and many more. Around 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.
The overhauled building is going to consist of thematic areas created for various age and attractions, dining establishments and coffee shops, sporting activities and health centers, enrichment and discovering areas, and pet-friendly locations. “We are constructing a location that honors traditions, advocates sustainability, and provides significant expertises for citizens and guests as well,” includes Soh. It is register to start in 1Q2027.
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 each month, that emerged from Cherryloft Resorts and Hotels.
In a Dec 8 launch, Country City Investment claims it intends to revive the real property via considerate flexible recycle and activation of the site’s heritage forms and open areas. “Our hope is to protect the ancestry of the estate whilst changing it right into an area where individuals from all profession can get together, discover and feel comfortable, from eating out and health to knowing, play and a curated retail offering,” claims Dylan Soh, business growth executive at Nation City Investment.
The tender for the Moulmein Road area shut off in August this year, attracting 13 proposals. Country City Investment became the leading prospective buyer, with a leasing quote of $388,800 monthly. The master use is for a five-year term with the choice to restore for one more 4 years.
