Centrepoint Mall En Bloc 2026 – Orchard Rd Collective Sale
Partial Collective Sale Covers Leasehold Retail and Residential Units on Orchard Road
A portion of The Centrepoint, one of Orchard Road’s most recognisable shopping landmarks, has been launched for collective sale at a guide price of S$418 million, marking a rare partial en bloc opportunity in Singapore’s prime retail corridor.
The offering comprises only the leasehold portion of the development and does not include the Orchard Road-facing retail frontage, marketing agent Savills Singapore said on Wednesday (Jan 7).
The public tender was launched on Jan 7 and will close on Feb 26, 2026, at 3pm.
Scope of the Collective Sale – Centrepoint Mall
The sale involves 132 leasehold strata units, split evenly between residential and retail components, and represents the first collective sale attempt for this section of the property.
✋ Key Details
? Total units offered: 132 strata units
? Residential units: 66
? Retail units: 66
? Guide price: S$418 million
? Sale type: Partial collective sale
Savills noted that the remaining 151 retail units, including those facing Orchard Road, are not part of the tender.
Units Included and Excluded
Only units under MCST Plan No. 1304, which can be independently redeveloped, are included in the collective sale.
? Included in the Sale
? Rear portion of The Centrepoint
? Units under MCST Plan No. 1304
? Retail and residential components
? Excluded from the Sale
? 151 retail units
? Orchard Road-facing frontage
? Units under MCST Plan No. 1298
Savills estimates that owners of the included units could receive around 30 per cent above current open market value, depending on unit size and type.
Centrepoint Mall’s Site Details and Planning Parameters
The prime en bloc site at 176A Orchard Road has approximately 52 years remaining on its lease and occupies a land area of about 44,700 sq ft.
☝️ Planning Details
? Zoning: Commercial (URA Master Plan 2025)
? Gross plot ratio: 5.6
? Maximum allowable GFA: ~250,320 sq ft
? Height control: Up to 10 storeys
According to the Singapore Land Authority, the verified development baseline is approximately 171,482 sq ft, equivalent to a plot ratio of 3.83.
Centrepoint Mall Guide Price and Land Rate
The guide price translates to a land rate of approximately S$2,709 per sq ft per plot ratio (psf ppr) after accounting for land betterment charges.
? Cost Breakdown
? Guide price: S$418 million
? Estimated land betterment charge: ~S$260 million
? Lease top-up: To a fresh 99-year tenure
Strong Developer Interest Expected
Savills said the tender is expected to attract interest from developers who have been actively bidding for Government Land Sales (GLS) sites amid limited supply of prime commercial land.
“With its direct access to Somerset MRT station and location in the heart of Orchard Road, the property offers developers a chance to create a landmark mixed-use development with an internationally recognized address,” said Jeremy Lake, Managing Director of Investment Sales and Capital Markets at Savills Singapore.
Centrepoint Mall Connectivity and Location Advantages
The Centrepoint is directly linked to Somerset MRT station and is located within Singapore’s main shopping belt, with convenient access to the Central Business District and Marina Bay.
☝️ Location Highlights
? Direct MRT access
? Prime Orchard Road frontage (adjacent to sale area)
? Strong pedestrian and tourist traffic
Redevelopment Potential
Under the current zoning, the enbloc site can be redeveloped into a mixed-use commercial development, subject to planning approvals. There are no restrictions on foreign ownership, Savills said.
A Longstanding Orchard Road Landmark
The Centrepoint opened in 1983 and was a cultural hotspot in the 1980s, famously associated with the “Centrepoint Kids”. The mall has undergone several revamps over the years, with the most recent major refurbishment completed in 2015.
?️ Centrepoint Mall En Bloc Sale All Details
? Status: Open for Collective Sale
? Guide Price: S$418 million
⏳ Tenure: Leasehold (52 years remaining, with top-up to fresh 99 years)
? Land Size: Approximately 44,700 sq ft
? Total Units: 132 strata units (66 residential + 66 retail)
? Gross Plot Ratio: 5.6
?️ Gross Floor Area: Approximately 250,320 sq ft
? Address: 176A Orchard Road, Singapore
? Nearby MRT: Somerset MRT (Direct Access)
?️ District: District 9 (Orchard / River Valley)
? Marketing Agent: Savills Singapore
?️ Tender Close: 26 February 2026, 3:00 PM