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Frasers Property, Sekisui House launch The Robertson Opus with prices from S$3,150 psf
[SINGAPORE] Property developers Frasers Property and Sekisui House opened The Robertson Opus along Unity Street for a private preview on Wednesday (Jul 2), with public previews beginning this weekend. Prices will start from S$3,150 per square foot (psf).
Located at Robertson Quay in District 9, the 999-year mixed-use development comprises 348 homes across five blocks of up to 10 floors. One block consists of just studios and one-bedroom units – primarily for investors looking to rent and others who wish to rightsize their homes, said Kevin Siew, managing director for development management at Frasers Property Singapore, during a media tour on Monday.
The other four blocks will see a mix of two, three and four-bedroom units.
Prices will start at S$1.37 million for a studio of 431 square feet (sq ft), and S$1.58 million for a one-bedder of 495 sq ft. Two-bedders, sized 689 to 743 sq ft, are priced from S$2.17 million, and three-bedders, sized 926 to 1,152 sq ft, from S$3.1 million. Four-bedders span 1,539 sq ft, with prices starting at S$5.09 million.
The project also includes a retail podium with around 26 commercial units on the first floor and basement. It will retain its name Robertson Walk.
In total, the entire development spans a land area of 9,102.7 square metres (sq m), with a maximum gross floor area of 30,663.6 sq m and a plot ratio of 3.37. It is a redevelopment of Frasers' serviced residence Fraser Place Robertson Walk and its adjoining commercial area, Robertson Walk – undertaken by Frasers Property and Japanese developer Sekisui House in a 51:49 joint venture.
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Siew noted that some tenants that were previously at Robertson Walk have moved to new locations. But, since Frasers' redevelopment will take three to four years, which is the length of most tenancy contracts, it would be 'perfect timing' for the developer to woo back the former tenants, he said.
Marketing for the new Robertson Walk will begin in only another two years, given the project's expected completion in 2029.
'We (also) have a very big retail portfolio with around 2,000 leases… as the largest suburban owner-operator of shopping malls (in Singapore),' he added. 'I think that competitive advantage allows us to reach out to a much wider pool of tenants.'
First in some time
The Robertson Opus will be the first private home launch in the Robertson Quay area since 2019, when Frasers Property's Riviere was marketed. Prices for the 99-year leasehold condominium along Jiak Kim Street started at S$2,580 psf then.
Since then, new units have sold at a median price of S$2,822 psf, while sub-sales and resales recorded a median price of S$2,869 psf.
The Robertson Opus is also the first 999-year leasehold residential development launched in the neighbourhood in nearly 20 years, and is the only 'essentially freehold' launch this year, noted Siew.
The last project with a 999-year tenure launched in its vicinity was the 186-unit The Wharf Residence in 2008. Caveats data showed that the median price of resale transactions in the project was S$2,361 psf in the year so far. Most recently, in late April, a 1,539 sq ft unit changed hands for S$3.68 million or S$2,388 psf.
Four new 99-year leasehold projects will be coming up on state land sites tendered in the River Valley Green and Zion Road area. Two of these – Promenade Peak and River Green – are expected to be marketed in the current quarter, while a third, Zyon Grand, could be launched around October.
Siew said freehold projects in the prime Core Central Region (CCR) are currently undervalued, with the price gap between the CCR and city fringe narrowing significantly in the past few years.
According to statistics from ERA Research, the price difference between newly sold non-landed homes in the CCR and Rest of Central Region (RCR) was just S$59 psf in the first half of 2025. In comparison, the price gap was S$559 in 2024, S$458 psf in 2023, S$569 psf in 2022, and S$682 psf in 2021.
Also, the price index of non-landed homes in the CCR has risen 17.9 per cent since 2019, versus the more than 50 per cent increase in both the RCR and Outside Central Region.
Siew noted that it is therefore the 'right time' to launch The Robertson Opus, instead of holding it back any further or launching it any earlier. The property, being part of Frasers' land bank, also gives the developer the opportunity to time the market as such.
'We very much intend for (The Robertson Opus) to be the best-selling project in the CCR this year,' he added.
Public previews for The Robertson Opus will begin on Jul 5, with sales booking commencing on Jul 19. The project is expected to receive its temporary occupation permit in the first half of 2029, and its expected vacant possession date on Jun 30, 2030.
