Upper Serangoon site up for sale

It has a guide price of $260m.

The Upper Serangoon Shopping Centre at District 19, with a guide price of $260m, and an adjoining land plot (Lot MK22-04362W) are up for sale, according to CBRE.

The shopping centre’s sale will be via a public tender process, closing on Wednesday, 10 June 2025 at 3 p.m., whilst the land plot will be through private treaty.

Purchasers will have the opportunity to either acquire Upper Serangoon Shopping Centre alone or collectively with Plot 3.

“By combining the plots, developers can build a mixed-use development with a total gross floor area of 176,792 square feet,” Michael Tay, head of Singapore Capital Markets at CBRE, said.

Tay added that there can be approximately 154 residential units at Plot 2 and 56 serviced apartments with 12,000 sq. ft. of commercial space at Plot 1.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia