Plaza Singapura to get $160 million revamp that will ‘extend park experience indoors’
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Artist’s impressions of Plaza Singapura’s atrium featuring updated shopfronts and immersive LED display screens.
PHOTOS: CAPITALAND INTEGRATED COMMERCIAL TRUST
SINGAPORE – A revamped Plaza Singapura and The Atrium@Orchard are on the cards for shoppers, with new retail, dining and activity spaces under a $160 million upgrade.
The works, scheduled from the third quarter of 2026 to the fourth quarter of 2028, will be carried out in phases, with the mall staying open, landlord CapitaLand Integrated Commercial Trust (CICT) said in its first-quarter business update on April 24.
It said the revamp aims to enhance Plaza Singapura’s position in Orchard Road through upgraded infrastructure and a refreshed tenant mix catering to both locals and tourists.
In line with the Urban Redevelopment Authority’s plans to pedestrianise the Orchard Road stretch fronting the mall and expand Istana Park, Plaza Singapura will be enhanced to extend the park experience indoors, “creating a seamless connection between nature and retail”, CICT said.
The mall’s entrance facing Orchard Road will be refreshed with all-day dining cafes “set amid lush greenery”, while the Handy Road sheltered drop-off will get a new contemporary facade.
Plaza Singapura’s Handy Road sheltered drop-off will get a new contemporary facade.
ILLUSTRATION: CAPITALAND INTEGRATED COMMERCIAL TRUST
Within the mall, existing sky bridges will be transformed into floating gardens anchored by new dining concepts.
Key spaces will be redesigned into multisensory areas featuring experiential retail and dining concepts, while common areas will be enhanced with improved layouts and finishes.
The Atrium@Orchard, whose retail podium is linked to Plaza Singapura, will be included in the upgrade.
CICT said the move adds to ongoing asset enhancement works across its portfolio as it continues to reposition assets and drive long-term growth.
This is CICT’s second announcement about an Orchard Road shopping mall this week. On April 20, it said it would sell prime office building Asia Square Tower 2 for $2.5 billion and buy Paragon mall for $3.9 billion.
The purchase boosts CICT’s retail presence, adding to assets such as ION Orchard, Plaza Singapura, The Atrium@Orchard, Raffles City Singapore and Funan.
CICT posted stronger results for the first quarter ended March 31, with net property income up 7.9 per cent year on year to $314.4 million.
Gross revenue increased 8 per cent to $426.7 million.
The trust said its retail portfolio continued to see stable performance, supported by higher shopper traffic and tenant sales.
