Frasers Property to redevelop Yishun 10 into mixed-use project with 110 residences, launch set for mid-2027
Situated alongside Yishun MRT Station and Yishun Integrated Transport Hub, the development is going to also be linked to neighbouring shopping center 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 development.
Yishun 10 opened 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 cellar carpark. It lies beside Northpoint City, that is owned by Frasers Centrepoint Trust (FCT).
Yishun 10, a retail development along Yishun Central, will be redeveloped into a mixed-use property with residential 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 builder Frasers Property in a Sept 2 release.
Last year, Frasers Property consolidated its ownership in Yishun 10, purchasing the Golden Village 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.
Schedule for finalization in 2031, the 99-year leasehold development will include approximately 110 residential units and a retail podium at street level. Inhabiting a site location of 39,125 sq ft, it is going to have an overall entire floor area of 117,376 sq ft.
Placemaking consultant Studio Lapis will likely lead the project, that will also determine opportunities to include components from Yishun 10 in the new plan.
The group likewise announced the release of “Yishun 10 Memories”, an initiative to document the structure’s area in the area.
“Through Yishun 10 Memories, we invite the neighborhood to share their stories, memories and experiences, as we start the upcoming chapter of the Yishun Central site with a new mixed-use development that supports evolving lifestyle requirements and aspirations,” claimed Soon.
“Yishun 10 carries a special area in the hearts of several Singaporeans who grew in its immediate area,” claimed Soon Su Lin, Chief Executive Officer of Frasers Real Estate Singapore.
