SLA awards tender for Moulmein Road site to Country City Investment
Country City Investment is a Singapore-based realty developer best understood for developing the Dempsey Hillside way of life enclave. In 2006, the firm was granted the SLA tenders for 2 places at Dempsey Roadway and Dempsey Hillside, that it improved right into a lifestyle and leisure cluster with dining establishments, retail and leisure services that kicked off in 2007.
SLA had actually opened the rate and quality tender for the location in May 2025. The tender indicated a range of accepted usages for the place, consisting of co-living spots, health, fitness, pet-friendly services, art gallery, and learning programs, and many more. Approximately 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.
Found near the Novena part, the site has an acreage of 985,350 sq ft. Initially built in 1913 as the Middleton Medical center, the website later on developed right into the Contagious Illness Facility. The place was actually shut in 2018 when the National Centre for Contagious Diseases was relocated to a brand-new location just within Tan Tock Seng Health Center. It continued to be with Tan Tock Seng Healthcare Facility up until it was gone back to the state in 2023. It is in just strolling proximity of the Novena MRT Stop.
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 maintain the history of the estate whilst changing it right into a location where individuals from all profession can get together, discover and feel comfortable, from eating out and health to discovering, play and a curated retail offering,” claims Dylan Soh, business growth executive at Nation City Investment.
Country City Investment’s quote of $388,800 in a month lease for 2 Moulmein Road is 1.78% more than the second-highest bid of $382,000 each month, that originated from Cherryloft Resorts and Hotels.
The overhauled building 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 location that commemorates traditions, advocates sustainability, and provides significant expertises for homeowners and guests as well,” includes Soh. It is register to start in 1Q2027.
The tender for the Moulmein Road area shut off in August this year, attracting 13 proposals. Country City Investment became the leading prospective buyer, with a leasing quote of $388,800 monthly. The master use is for a five-year term with the choice to restore for one more 4 years.
The Singapore Land Authority (SLA) has recently granted the tender for a collection of heritage real properties at 2 Moulmein Roadway. The master occupancy for the location, that consists of over 40 establishments with a complete gross floor location (GFA) of around 139,700 sq ft, was granted to Country City Investment.
