SLA awards tender for Moulmein Road site to Country City Investment
SLA had actually started the cost and quality tender for the location in May 2025. The tender listed a selection of authorized usages for the area, entailing co-living spots, health, fitness, pet-friendly services, art gallery, and scholastic programs, 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.
In a Dec 8 launch, Country City Investment states it intends to refresh the real property with 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 discovering, play and a curated retail offering,” states Dylan Soh, business property development supervisor at Nation City Investment.
Found near the Novena part, the site has an acreage of 985,350 sq ft. Initially founded in 1913 as the Middleton Medical center, the website later on progressed right into the Transmittable Conditions Center. The place was actually closed up in 2018 when the National Centre for Contagious Diseases was relocated to a brand-new place just within Tan Tock Seng Healthcare Facility. It stayed with Tan Tock Seng Medical Facility up until it was gone back to the state in 2023. It is just within strolling range of the Novena MRT Terminal.
The overhauled real property is going to consist of thematic areas created for various age and activities, dining establishments and coffee shops, sporting activities and health establishments, enrichment and discovering rooms, and pet-friendly locations. “We are constructing a place that honors traditions, advocates sustainability, and provides significant expertises for homeowners and guests similarly,” includes Soh. It is register to start in 1Q2027.
The tender for the Moulmein Road area closed up in August this year, attracting 13 quotes. Country City Investment became the leading prospective buyer, with a leasing proposal of $388,800 each month. The master contract is for a five-year term with the choice to restore for an additional 4 years.
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 consists of over 40 establishments with an overall gross floor location (GFA) of around 139,700 sq ft, was handed out 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.
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 offers that launched in 2007.
