SINGAPORE — On 18th November 2024, Frasers Property Limited (“Frasers Property” and its subsidiaries “The Group”) and Sekisui House announced that they would jointly redevelop the 999-year leasehold site of Robertson Walk and Fraser Place Robertson Walk (the “site”) into a waterfront residential and lifestyle hub. Set to launch in 2025 with the goal of completion by the end of 2028, the new mixed-use property will house a luxury 348-unit residential enclave, coupled with a variety of retail options. This revitalization of Robertson Quay aligns with the Singapore Government’s vision for the Singapore River Planning Area, which includes Robertson Quay, Clarke Quay, and Boat Quay.
The site’s gross floor area of 30,664 square meters will be divided into 26,371 square meters of residential space, and 4,293 square meters of retail space. Located at 11 Unity Street, Singapore 237995, the property will be prime for views of the Singapore River and Marina Bay Sands. It has easy access to Clarke Quay, Boat Quay, Chinatown, the Civic District, Esplanade, and Marina Bay. Singapore’s Central Business District and Orchard Road are a short drive away, and Clarke Quay station, Fort Canning station, and the Central Expressway are within its near vicinity.
“In line with Frasers Property’s active asset management strategy, we have identified this opportunity to unlock the highest and best use returns for our prime 999-year site in the heart of Robertson Quay,” Ms Soon Su Lin, Chief Executive Officer of Frasers Property Singapore, commented. “We are thrilled to partner with Sekisui House to redevelop this site into an iconic mixed-use, waterfront development along the Singapore River. Our vision is to create a sophisticated residential and lifestyle destination, featuring upscale dining and entertainment choices, and placemaking activities amidst lush greenery. We look forward to unveiling more exciting details when we launch the mixed-use development next year.”
Mr Takehisa Yanagi, Managing Officer, Head of International Development Department of Sekisui House, Ltd., also chimed in. “We are glad to strengthen our remarkable 13-year partnership with Frasers Property and leverage our combined expertise to build another landmark in Singapore. This exclusive mixed-use development on a 999-year leasehold tenure will attract homebuyers who enjoy the vibrancy of the Singapore River and have the choice of retreating to a tranquil eco-sanctuary in a quieter Robertson Quay precinct.”
The two companies have collaborated on projects since 2011, delivering both residential and mixed-use properties in Singapore and Australia. Frasers Property holds a 51% stake, and Sekisui House has a 49% stake in the site. Frasers Property will continue to manage the site until 31st May 2025.
