Yishun 10 Multiplex Site Set for Residential and Commercial Redevelopment
Yishun 10 Multiplex Site Set for Residential and Commercial Redevelopment
Yishun 10, Singapore’s first multiplex cinema, is set to make way for a
proposed residential and commercial development following a planning
amendment by the Urban Redevelopment Authority.
but the proposed change allows mainly residential use with commercial space
on the first storey.
Prime Location
The property sits near Yishun MRT Station and beside Northpoint City,
making it highly accessible for future residents and shoppers.
99-Year Leasehold Site
The site has a 99-year lease ending around March 2089, giving it a
remaining lease profile suitable for redevelopment planning.
Mixed-Use Potential
The proposed development could combine homes with ground-floor
commercial space, supporting both residential demand and neighbourhood
convenience.
Indicative Yield
Market observers estimate the site could potentially yield about
90 to 100 private residential units, subject to planning approval.
Why This Site Matters
Yishun 10 is not only a commercial building but also part of Singapore’s
cinema and neighbourhood history. Opened in the early 1990s, it introduced
the multiplex cinema concept to many heartland residents.
From an investment angle, the site benefits from strong transport
connectivity, established retail traffic from Northpoint City, and the
continued transformation of Yishun Central.
stations remain attractive because they combine residential demand,
convenience retail, and long-term urban renewal potential.
Potential Impact on Yishun Property Market
If redeveloped, the project could set a fresh benchmark for private
residential pricing in the Yishun Central area. The addition of new homes
may also support more commercial activity around the MRT and Northpoint
City precinct.
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