RIP Yishun 10: Childhood Cinema Becoming Homes

If you grew up in the North, chances are you've watched a movie at Yishun 10. It opened in May 1992 as Singapore's first-ever multiplex, with 10 cinema halls under one roof. On 2 September 2026, Frasers Property confirmed what's coming next — and it's a proper ending, not just a rumour.

Frasers Property announced that Yishun 10 will close for good, with tenants expected to vacate by 2 March 2027. In its place: a mixed-use development with approximately 110 residential units, a retail podium at street level, and a landscaped facilities deck on the second storey.

The numbers:

• Target launch: mid-2027

• Target completion: 2031

• Site size: about 39,125 sq ft

Frasers says this will be the first residential launch in Yishun Central in more than a decade.

(An earlier Savills estimate, before this announcement, had pegged the potential yield at 90–100 units based on the URA Master Plan amendment alone — the confirmed figure from Frasers is now approximately 110.)

Yishun 10 — most people know it as GV Yishun — opened in May 1992, designed by Australian architect Geoff Melone, built at a reported cost of $37 million. Its current configuration seats 1,477 across 10 halls; that's the present-day Golden Village setup, not the original 1992 layout, which has been refreshed over the decades (it last had a major renovation in 2010).

Frasers Property consolidated full ownership over 2025: $48 million for the Golden Village cinema complex in June 2025, then another $34.5 million for the 10 strata-titled retail lots two months later — about $82.5 million combined, before transaction costs. That full-ownership position is what made this redevelopment possible.

This fits a URA Master Plan amendment gazetted back in May 2026, which proposed rezoning the site from "Commercial" to "Residential with Commercial at 1st Storey." Frasers' announcement is the confirmation of that plan moving ahead, not a separate development.

It also echoes a pattern we've seen elsewhere in Singapore — older commercial landmarks becoming mixed-use residential, the way J'Den transformed Jurong East and Sky Eden@Bedok did for that neighbourhood.

At roughly 110 units, this isn't going to flood the local market. What it does represent is a confirmed, funded redevelopment of a 34-year-old landmark, right by Yishun MRT and the bus interchange — the kind of project that could contribute to the longer-term evolution of the Yishun Central precinct over the coming years. That's a different claim from saying it will lift nearby resale prices on its own; plenty of other factors drive that, and it's not something any single redevelopment can guarantee.