Frasers Property to redevelop Yishun 10 into mixed-use project with 110 residences, launch set for mid-2027
Last year, Frasers Property consolidated its ownership in Yishun 10, purchasing the Golden Village cineplex from Hong Kong movie creation firm Orange Sky Golden Harvest Entertainment for $48 million, and the 10 strata lots from FCT for $34.5 million.
Slated for completion in 2031, the 99-year leasehold development will include approximately 110 residential units and a retail podium at street level. Inhabiting a site area of 39,125 sq ft, it is going to have an overall entire floor area of 117,376 sq ft.
Located beside Yishun MRT Station and Yishun Integrated Transport Hub, the development will also be connected to adjoining shopping mall Northpoint City through the occurring underground pedestrian network.
Operations at Yishun 10 are expected to stop on March 2, 2027, to make way for the new growth.
“Yishun 10 supports an unique place in the hearts of many Singaporeans that grew in its current area,” said Soon Su Lin, Chief Executive Officer of Frasers Real Estate Singapore.
The group also introduced the launch of “Yishun 10 Memories”, an effort to document the building’s area in the area.
Yishun 10 opened in 1992 as Singapore’s first cinema multiplex. The project houses a 1,477-seat Golden Village cineplex, together with 10 ground-floor strata retail units and a cellar carpark. It is located beside Northpoint City, which is operated by Frasers Centrepoint Trust (FCT).
Placemaking consultant Studio Lapis will likely lead the project, that will certainly likewise determine possibilities to include elements from Yishun 10 in the new plan.
Yishun 10, a retail property development throughout Yishun Central, will be redeveloped into a mixed-use project with non commercial and retail parts that will launch in mid-2027. It will certainly be the very first property launch in Yishun Central in over a decade, said owner and property developer Frasers Property in a Sept 2 release.
“Via Yishun 10 Memories, we call the area to share their stories, memories and experiences, as we embark on the upcoming chapter of the Yishun Central site with a new mixed-use development that supports evolving lifestyle requirements and aspirations,” stated Soon.
