Frasers Property to redevelop Yishun 10 into mixed-use project with 110 residences, launch set for mid-2027
Last year, Frasers Property consolidated its possession in Yishun 10, purchasing the Golden Town cineplex from Hong Kong movie creation business Orange Sky Golden Harvest Entertainment for $48 million, and the 10 strata lots from FCT for $34.5 million.
Placemaking consultant Studio Lapis will lead the job, which will certainly also determine chances to incorporate components from Yishun 10 in the new project.
“Yishun 10 carries an exclusive spot in the hearts of lots of Singaporeans who grew up in its current neighborhood,” claimed Soon Su Lin, Chief Executive Officer of Frasers Property Singapore.
Yishun 10 opened up in 1992 as Singapore’s first cinema multiplex. The development houses a 1,477-seat Golden Village cineplex, together with 10 ground-floor strata retail units and a cellar carpark. It is located next to Northpoint City, that is operated by Frasers Centrepoint Trust (FCT).
Schedule for finalization in 2031, the 99-year leasehold development will include approximately 110 non commercial units and a retail podium at street level. Inhabiting a site location of 39,125 sq ft, it will have a total entire floor area of 117,376 sq ft.
The group likewise revealed the start of “Yishun 10 Memories”, an initiative to document the building’s place in the neighborhood.
“Through Yishun 10 Memories, we invite the neighborhood to share their stories, memories and experiences, as we start the next chapter of the Yishun Central site with a brand-new mixed-use development that supports evolving lifestyle demands and aspirations,” claimed Soon.
Operations at Yishun 10 are anticipated to stop on March 2, 2027, to make way for the brand-new development.
Yishun 10, a retail development around Yishun Central, will be redeveloped into a mixed-use project with non commercial and retail parts that will release in mid-2027. It will certainly be the very first residential launch in Yishun Central in over a decade, said owner and developer Frasers Property in a Sept 2 release.
Located next to Yishun MRT Station and Yishun Integrated Transport Hub, the project will also be linked to neighbouring shopping center Northpoint City via the existing underground pedestrian link.
