Freehold redevelopment site at 79 Cairnhill Road launched for sale at $168 mil

Jovi Ho09-16

Completed in 1984, Trendale Tower is a 20-storey residential development comprising 18 apartment units overlooking Goodwood Hill and the Orchard precinct.Trendale Tower, a freehold redevelopment site ...

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This translates to a land rate of approximately $2,248 psf per plot ratio (ppr), after factoring in 7% bonus gross floor area (GFA) for balconies.\nThe 20-storey residential development comprises 18 apartment units overlooking Goodwood Hill and the Orchard precinct. It occupies a freehold site of approximately 21,709 sq ft and has a verified gross floor area of approximately 72,691 sq ft, reflecting an existing plot ratio of approximately 3.348. \nUnder the Urban Redevelopment Authority (URA) Master Plan 2025, the site is zoned for residential use with a gross plot ratio of 2.8. \nAn incoming purchaser may redevelop the site into a new boutique luxury residential development for sale, or explore a Serviced Apartment 2 (SA2) scheme, according to exclusive marketing agent Knight Frank Singapore. \nURA has indicated support for the proposed SA2 use, subject to detailed approvals and regulatory requirements, under an outline planning permission application, says Knight Frank. There is a possible remission of additional buyer's stamp duty for serviced apartment use.\nSA2, a long-stay serviced accommodation concept introduced by URA in December 2023, requires guests to stay for a minimum period of three months. SA2 allows investors to retain an entire residential block for recurring income and long-term capital preservation, says Knight Frank. \nThe typology is attracting growing interest from private investors, family offices, hospitality investors and accommodation operators. In June, it was reported that Royal Group intends to redevelop the neighbouring 11 Claymore Road into a long-stay serviced apartment project comprising approximately 100 apartments.\nTrendale Tower is strategically located within minutes of Singapore's premier shopping, hospitality, medical and lifestyle destinations. Newton MRT Station, serving the North-South and Downtown Lines, is approximately a five-minute walk away, providing direct connectivity to Orchard Road, the Central Business District and major employment and lifestyle nodes across Singapore.\nDayna Ang, senior manager at Knight Frank Singapore, says: \"A boutique freehold luxury residential development at Trendale Tower would come to market against a limited pipeline in District 9. For investors who would rather hold than sell, URA's indication of support for a Serviced Apartment 2 scheme allows the entire block to be retained for recurring income.\"\nThe transformation of Newton is already taking shape, says Knight Frank, with awards for recent government land sales (GLS) sites pointing to sustained developer interest in the precinct. \nThe Bukit Timah Road GLS site was awarded in November 2025 for $566.3 million (about $1,820 psf ppr), followed by the Peck Hay Road GLS site in June for $542.4 million (about $1,865 psf ppr). Both are 99-year leasehold sites. \nWith approximately 5,000 new homes planned across Newton Circus, Scotts Road and Monk's Hill, the precinct is set to benefit from a broader renewal effort that combines new housing, enhanced public spaces, greenery, and better pedestrian and cycling connectivity, says Knight Frank. \nMelvin Chay, senior director at Knight Frank Singapore, says just over 650 homes in the area have been committed so far. \"Trendale Tower offers incoming purchasers the opportunity to be a first mover in a fast rejuvenating precinct. We expect interest from residential developers, from private investors and family offices looking to hold an entire freehold block for wealth preservation and recurring income, and from operators in the growing long-stay serviced accommodation segment.\"\nThe public tender exercise will close at 3pm on Oct 23.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2668987392","isCrawlerRequest":true}