Frasers Property to redevelop Yishun 10 into mixed-use project with 110 residences, launch set for mid-2027
Last year, Frasers Property combined its control in Yishun 10, purchasing the Golden Village cineplex from Hong Kong movie production company Orange Sky Golden Harvest Entertainment for $48 million, and the 10 strata lots from FCT for $34.5 million.
Yishun 10 opened up in 1992 as Singapore’s very first cinema multiplex. The project houses a 1,477-seat Golden Village cineplex, in addition to 10 ground-floor strata retail units and a basement carpark. It is located next to Northpoint City, which is owned by Frasers Centrepoint Trust (FCT).
Yishun 10, a retail development throughout Yishun Central, will be redeveloped into a mixed-use venture with non commercial and retail components that will launch in mid-2027. It will certainly be the first residential launch in Yishun Central in over a decade, said owner and builder Frasers Property in a Sept 2 launch.
Situated alongside Yishun MRT Station and Yishun Integrated Transport Hub, the development will also be attached to adjoining mall Northpoint City through the occurring below ground pedestrian network.
The group additionally announced the start of “Yishun 10 Memories”, an initiative to document the structure’s area in the community.
“Through Yishun 10 Memories, we call the community to share their stories, memories and experiences, as we embark on the next chapter of the Yishun Central site with a new mixed-use development that supports developing way of life requirements and aspirations,” claimed Soon.
Placemaking consultant Studio Lapis will likely lead the project, that will certainly likewise recognize opportunities to include components from Yishun 10 in the brand-new project.
“Yishun 10 carries an exclusive spot in the hearts of several Singaporeans who grew in its current neighborhood,” stated Soon Su Lin, CEO of Frasers Property Singapore.
Schedule for completion in 2031, the 99-year leasehold development will include around 110 non commercial units and a retail podium at street level. Inhabiting a site location of 39,125 sq ft, it is going to have a complete entire floor area of 117,376 sq ft.
Operations at Yishun 10 are anticipated to discontinue on March 2, 2027, to give way for the new growth.
