17 September 2026 · PropertySpy Research
Image: Mingtiandi
Wharf REIC has completed the $245M divestment of Scotts Square to Royal Holdings, marking a major prime Orchard retail shift. Is this your cue to evaluate high-street retail or lock in capital gains?
Hong Kong developer Wharf REIC has finalized the divestment of its Scotts Square retail podium to Singapore-based Royal Holdings for $245 million (approx. $3,200 psf on net lettable area). The landmark transaction marks Wharf's complete exit from the Singapore retail landscape after years of ownership.
"Prime retail transactions of this scale signal confident local liquidity and a strategic window to rebalance commercial holdings." — PropertySpy Market Note
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Explore All Launches →With Orchard Road revitalization gaining momentum, commercial assets in adjacent districts are experiencing renewed institutional interest. For private investors and family offices assessing commercial acquisitions or considering divestment at peak pricing, contact PropertySpy for discrete advisory, financial modelling, and private viewing arrangements.
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