SLA awards tender for Moulmein Road site to Country City Investment
The Singapore Land Authority (SLA) has already granted the tender for a collection of heritage real properties at 2 Moulmein Roadway. The master occupancy for the place, that makes up over 40 establishments with a complete gross floor location (GFA) of about 139,700 sq ft, was rewarded to Country City Investment.
The overhauled real property is going to consist of thematic areas made for various age and activities, dining establishments and coffee shops, sporting activities and health establishments, enrichment and discovering areas, and pet-friendly locations. “We are constructing a venue that commemorates historical past, advocates sustainability, and provides significant expertises for locals and guests similarly,” includes Soh. It is register to launch in 1Q2027.
In a Dec 8 launch, Country City Investment claims it prepares to revitalize the real property via considerate flexible recycle and activation of the site’s heritage designs and open areas. “Our hope is to maintain the ancestry of the estate whilst changing it right into a location where customers from all profession can gather up, discover and feel comfortable, from eating out and health to knowing, play and a curated retail offering,” states Dylan Soh, business property development supervisor at Nation City Investment.
Country City Investment is a Singapore-based property developer best understood for producing the Dempsey Hillside way of life enclave. In 2006, the firm was granted the SLA tenders for 2 places at Dempsey Roadway and Dempsey Hillside, that it converted right into a lifestyle and leisure cluster with dining establishments, retail and entertainment offers that launched in 2007.
Country City Investment’s quote of $388,800 in a month lease for 2 Moulmein Road is 1.78% more than the second-highest bid of $382,000 monthly, that originated from Cherryloft Resorts and Hotels.
SLA had already started the cost and quality tender for the location in May 2025. The tender listed a selection of accepted usages for the place, consisting of co-living slots, health, fitness, pet-friendly services, art gallery, and scholastic plans, to name a few. 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.
Situated near the Novena part, the site has an acreage of 985,350 sq ft. Initially developed in 1913 as the Middleton Medical center, the website later on progressed right into the Contagious Illness Center. 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 Healthcare Facility. It continued to be with Tan Tock Seng Health Center up until it was gone back to the state in 2023. It is just within strolling range of the Novena MRT Stop.
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 quote of $388,800 each month. The master use is for a five-year term with the alternative to restore for an additional 4 years.
