Half of The Centrepoint up for collective sale at $418m guide price
Half of The Centrepoint Up for Collective Sale at $418 Million
One of Orchard Road’s rare mixed-use redevelopment parcels has entered the collective sale market — offering developers a rare chance to reposition a landmark asset directly above Somerset MRT.
Project Overview
The collective sale involves 132 strata units (66 retail and 66 residential) forming the leasehold component of The Centrepoint. This parcel is legally separate and independently redevelopable.
Location & Connectivity
Direct access to Somerset MRT places the asset within the highest footfall corridor of Orchard Road, surrounded by Orchard Central, 313@Somerset and major retail anchors.
Planning & Development Parameters
Zoned Commercial with a plot ratio of up to 5.6, the site supports a high-intensity mixed-use redevelopment subject to URA approval.
Investment & Appeal
After accounting for lease top-up and intensification premiums, the effective land rate is estimated at approximately $2,709 psf per plot ratio, positioning this opportunity competitively against Orchard Road GLS benchmarks.
TopBroker Strategic View
The Centrepoint is suited for experiential repositioning — lifestyle retail, wellness, F&B clustering, boutique hospitality and curated urban living concepts.
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