What is the timeline for the Orchard Road rejuvenation

Orchard Road's rejuvenation is driving strong property market recovery in the area, particularly boosting older developments and nearby Cairnhill properties through enhanced infrastructure, pedestrianization, and lifestyle upgrades.

Key property impacts include:
- Collective sales momentum: Sites like Cuppage Terrace launched at $250 million ($4,912 psf on total floor area), Far East Shopping Centre at $928 million, and Cairnhill Nine penthouse sales at $7.5 million, fueled by the makeover.
- New developments: Projects like The Iveria (freehold condo, $2,460 psf), TripleOne Somerset (medical/office, $4,470 psf), and upcoming Klimt Cairnhill attracting foreign buyers for prime location value.
- URA Master Plan enhancements: Pedestrianizing a 500m stretch between Buyong and Handy Roads, expanding Istana Park threefold, and adding mixed-use spaces for housing, retail, and recreation to increase vibrancy.

Recent transactions within 1,000m show resilient pricing, with average psf ranging $2,500–$4,500 across condos and commercial units, supported by rejuvenation plans. Check EdgeProp.sg for live listings, price trends, and tools like the En Bloc Calculator to assess opportunities in D9/D10.