Parklane Shopping Mall

Parklane Shopping Mall is a leasehold (99 yrs from 1974) commercial property. The development occupies a land area of 3,404 sqm and a Gross Floor Area of 14,158 sqm.

PARKLANE SHOPPING MALL is located along Selegie Road in Rochor, in District 7. It is accessible through the nearest MRTs including Bencoolen DT21 and Bras Basah CC2. Other nearby amenities include: 3 Grocerie(s): JEWISH WELFARE BOARD, SINGAPORE, THE, COLD STORAGE SINGAPORE (1983) PTE LTD, IROHA INTERNATIONAL PTE. LTD., and 3 Shopping Mall(s): PARKLANE SHOPPING MALL, POMO, PEACE CENTRE.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,332 psf in Feb 2024 for a 280 sqft unit for Office, S$ 2,101 psf in Oct 2023 for a 452 sqft unit for Shop. Its lowest recorded transaction was S$ 1,194 psf in Aug 2023 for a 861 sqft unit for Office, S$ 1,327 psf in Feb 2018 for a 452 sqft unit for Shop.

Buyers and tenants are attracted to District 7, which consists of Beach Road, Bugis, the Golden Mile, Middle Road and Rochor areas. Most of the properties in this district are commercial properties with a small selection of residential properties. Home buyers looking for Bugis properties can choose from a small selection of HDB flats off Middle Road, at Bras Basah Complex and at Rochor Centre. The private residential properties at Bugis are similarly scarce, with projects such as Duo Residences and Midtown Modern witnessing strong demand. Shopping and dining options abound in District 7, with many malls in the area including Bugis Junction and Bugis+. Many hotels such as the Intercontinental Singapore, Carlton Hotel and Raffles Hotel are located within the district or in close proximity to cater to tourists visiting the region.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.