In brief
- The freehold Trendale Tower residence is up for collective sale at a guide price of 168 million dollars.
- The 21,709 square foot site located on Cairnhill Road offers redevelopment potential for luxury or long-stay apartments.
- The public tender led by Knight Frank Singapore will close on 23 October 2026 at 3 pm.
The freehold residence, ideally located at 79 Cairnhill Road in Singapore, has been launched on the market for collective sale by public tender at a price of 168 million dollars. This amount translates to a land rate of approximately 2,248 dollars per square foot per plot ratio (ppr), after taking into account the 7% bonus gross floor area (GFA) allowed for balconies, according to estimates from the consultancy firm orchestrating the transaction.
A high-end residential redevelopment opportunity
Completed in 1982, Trendale Tower currently consists of a 20-storey tower housing 18 luxury apartments. The site spans an area of 21,709 square feet, with a gross floor area of 72,691 square feet. Zoned for residential use under the Urban Redevelopment Authority’s () Master Plan, the site has a gross plot ratio of 2.8. This configuration offers future buyers multiple options for large-scale land value enhancement.
The buyer could thus choose to demolish the existing structure to design a luxury boutique-style residential project or to erect a new, ultra-exclusive residence. The rarity of freehold land in this highly coveted enclave of Cairnhill significantly reinforces the strategic appeal of this plot for developers seeking prime addresses.
Flexibility of use approved by urban authorities
Beyond a classic residential project, the Urban Redevelopment Authority (URA) has indicated its preliminary support for a conversion into long-term serviced apartments (Serviced Apartment 2 category). However, this option remains subject to the usual regulatory approvals. This flexibility offers a major asset alternative for investors wishing to retain the asset long-term to generate regular rental income.
Dayna Ang, account director at Knight Frank Singapore, highlights that this decision allows buyers who prefer to retain the building rather than sell off individual units to secure a recurring and stable yield. This versatility of use constitutes a valuable asset in a constantly changing real estate market, where demand for medium and long-term stays continues to grow among an international business clientele.
The exceptional appeal of the Newton district
Nestled in the heart of District 9, on the edge of Newton, the property benefits from outstanding accessibility, just a five-minute walk from Newton MRT Interchange station. This strategic location places residents just one station away from the luxury boutiques and fine dining of Orchard Road. Furthermore, the HealthCity Novena medical hub is just a ten-minute drive from the tower, offering unparalleled convenience.
The Newton district is also set to be transformed into a dynamic mixed-use urban hub under the URA’s next development plan. This comprehensive revitalisation is generating sustained and continuous interest from major property developers. Melvin Chay, associate director at Knight Frank Singapore, points out that approximately 5,000 new homes are planned in the Monk’s Hill, Newton Circus, and Scotts Road areas over the next decade, of which just over 650 units are already committed.
A booming Singaporean property market
Interest in this residential enclave comes amid highly competitive recent acquisitions in the region. Last year, a 63,498 square foot government land site on Bukit Timah Road was awarded for 566.29 million dollars. More recently, another site located on Peck Hay Road attracted four competing bids before being awarded for 542.4 million dollars to a joint venture formed by City Developments and Hong Realty. This momentum confirms developers’ strong appetite for Singapore’s premium addresses.
The public tender for the sale of Trendale Tower will officially close on 23 October 2026 at 3 pm, local time. For discerning investors, this launch represents a rare opportunity to position themselves early in a sector undergoing full urban metamorphosis.
Further reading
Further reading
- Return to homepage
- Trendale Tower
- Serenity Park condo, Pek Chuan Building back on en bloc market at lower $440 mil and $77 mil
- 63, 498 sq ft government land
- Bukit Timah Road
