Robertson Walk to be redeveloped into 348 luxury apartments

Frasers Property has announced plans to redevelop its serviced residence, Fraser Place Robertson Walk, and the adjoining Robertson Walk commercial area into a mixed-use project. The development will feature 348 luxury residential units for sale.

On November 18, Frasers Property revealed that it had entered into a joint venture with Japanese developer Sekisui House, with Frasers holding a 51% stake and Sekisui House owning 49%. The redevelopment is expected to be launched in 2025 and completed by the end of 2028.

The site, which has a 999-year leasehold, will offer a gross floor area of 30,664 square meters. The development will include 26,371 square meters of residential space and 4,293 square meters of retail space. It is designed to be a luxury 348-unit residential enclave, complemented by a diverse range of dining and entertainment options.

Frasers Property noted that the project aligns with the Singapore Government's plans to rejuvenate the Singapore River Planning Area, which includes Robertson Quay, Clarke Quay, and Boat Quay. The company will continue to manage both Fraser Place Robertson Walk and Robertson Walk until operations cease on May 31, 2025.

Mr. Takehisa Yanagi, Managing Officer and Head of Sekisui House’s International Development Department, commented, "This exclusive mixed-use development will appeal to homebuyers who appreciate the vibrancy of the Singapore River, while also offering the tranquility of a serene eco-sanctuary in the quieter Robertson Quay precinct."

Frasers Property Singapore’s CEO, Soon Su Lin, emphasized the company’s commitment to its active asset management strategy, stating that the redevelopment would unlock the maximum potential of the prime 999-year site in Robertson Quay. Further details about the mixed-use development will be announced when the project is launched in 2025.

Following the announcement, shares of Frasers Property rose by 0.5% to 92.5 cents on November 18.