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Frasers Property Redevelop Robertson Walk Joint Venture Sekisui House

Posted on November 18, 2024

In Singapore, the cityscape is characterized by towering skyscrapers and contemporary infrastructure. Prime locations in the city are often home to condominiums, offering a perfect combination of opulence and convenience that appeals to locals and foreigners alike. These residential complexes boast an array of top-notch amenities, including swimming pools, fitness centers, and security measures, elevating the standard of living and making them a desirable choice for potential renters and buyers. For real estate investors, these features equate to higher rental returns and increasing property values over time. Additionally, the recent new condo launches further enhance the appeal of these modern living spaces.

Frasers Property, together with its long-standing partner Sekisui House, has announced plans to redevelop the Robertson Walk and Fraser Place Robertson, which the company currently holds under a 999-year lease. The two companies will be working together to create a new mixed-use development, which will include residential units, F&B options, and entertainment facilities.

The project is set to begin next year and is expected to be completed by the end of 2028, with a gross floor area of 30,664 sqm (330,067 sq ft). Frasers Property CEO, Soon Su Lin, states that this redevelopment aligns with the company’s active asset management strategy. She also adds that they have identified the potential of this prime 999-year site in Robertson Quay.

In collaboration with Sekisui House, Frasers Property has formed a 51:49 joint venture for the redevelopment of the site. The existing Robertson Walk and Fraser Place Robertson will continue to be operated by the Frasers Property Group until May 31, 2025.

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