Frasers Property to redevelop Yishun 10 into mixed-used complex by mid-2031
The cinema complex will cease operations in March 2027
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[SINGAPORE] Singapore’s first cinema multiplex Yishun 10 will cease operations on Mar 2, 2027, to be redeveloped into a mixed-use development containing about 110 residential units.
The new development, targeted for completion by mid-2031, will also contain a retail podium at street level and a “landscaped facilities deck on the second storey”.
It will be the first residential launch in Yishun Central in more than a decade, said the cineplex’s owner Frasers Property on Wednesday (Sep 2).
The property developer will continue to manage Yishun 10 after its redevelopment.
Frasers Property bought the cineplex, located at 51 Yishun Central 1, from cinema operator Golden Village in June 2026.
It then bought the 10 strata lots in the building from Frasers Centrepoint Trust – which it sponsors – for S$34.5 million.
A Frasers Property spokesperson in May told The Business Times that the group regularly explores potential uses for existing properties in the ordinary course of its business.
The Yishun 10 site has a site area of 39,125 square feet (sq ft) and a gross floor area of 117,376 sq ft. It was opened on May 28, 1992, and renovated in 2010, after which it was renamed GV Yishun.
Shares of Frasers Property fell 1 per cent or S$0.01 to close at S$1.01 on Tuesday.
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