Perennial launches sale of 752,014 sq ft Caldecott site for $350m

Perennial is divesting the asset as part of its strategic pivot toward healthcare-focused investments.

Perennial Holdings has put up for sale its 752,014-square-foot leasehold site at the former Caldecott Broadcast Centre, with a guide price exceeding $350m.

Situated within the Caldecott Hill Good Class Bungalow area, the cleared plot ranks among Singapore’s largest landed redevelopment opportunities in decades. The expression of interest (EOI) closes on 15 January 2026.

Although zoned “Civic & Community Institution” under the 2019 Master Plan, the site could accommodate more than 60 two-storey bungalows of at least 800 square metres each, subject to planning approvals.

The redevelopment is expected to draw interest from ultra-high-net-worth Singaporean families and investment consortia seeking to establish bespoke hilltop enclaves in one of the city’s most exclusive residential zones.

Perennial is divesting the asset as part of its strategic pivot toward healthcare-focused investments.

The EOI is jointly managed by Jeremy Lake and Jacke Chye of Savills and Karamjit Singh of Delasa.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia