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 indicated a range of accepted usages for the area, entailing co-living spots, health, fitness, pet-friendly services, art gallery, and scholastic programs, 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.
The tender for the Moulmein Road area shut off in August this year, attracting 13 quotes. 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 alternative to restore for an additional 4 years.
The overhauled building is going to consist of thematic areas developed for various age and attractions, dining establishments and coffee shops, sporting activities and health establishments, enrichment and discovering areas, and pet-friendly locations. “We are constructing a place that commemorates traditions, advocates sustainability, and provides significant expertises for homeowners and guests as well,” includes Soh. It is register to launch in 1Q2027.
Country City Investment is a Singapore-based property developer best recognized for producing the Dempsey Hillside way of living enclave. In 2006, the firm was granted the SLA tenders for 2 spots at Dempsey Roadway and Dempsey Hillside, that it converted right into a lifestyle and leisure cluster with eating establishments, retail and entertainment services that launched in 2007.
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 consists of over 40 facilities with an overall gross floor location (GFA) of about 139,700 sq ft, was rewarded to Country City Investment.
Country City Investment’s proposal of $388,800 in a month rental fee for 2 Moulmein Road is 1.78% more 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 designs and open areas. “Our hope is to protect the history of the estate whilst changing it right into an area where customers from all profession can gather up, check out and feel comfortable, from eating and health to knowing, play and a curated retail offering,” claims Dylan Soh, business property development supervisor at Nation City Investment.
Situated near the Novena place, the site has an acreage of 985,350 sq ft. Initially founded in 1913 as the Middleton Medical facility, the spot later on developed right into the Transmittable Illness Facility. The place was actually shut in 2018 when the National Centre for Contagious Diseases was transferred to a brand-new place just within Tan Tock Seng Medical Facility. It stayed with Tan Tock Seng Healthcare Facility till it was gone back to the state in 2023. It is just within strolling range of the Novena MRT Stop.
