Home / News / Development

Development#Market Insights

Prima to Vacate Iconic Keppel Road Flour Mill by 2028 Ahead of Waterfront Transformation

10 October 2026 · PropertySpy Research

Prima to Vacate Iconic Keppel Road Flour Mill by 2028 Ahead of Waterfront Transformation
Prima to Vacate Iconic Keppel Road Flour Mill by 2028 Ahead of Waterfront Transformation

Flour miller Prima Limited will vacate its landmark Keppel Road silos when its lease expires in 2028, unlocking another strategic piece of the Greater Southern Waterfront.

Key Takeaways

•2028 Lease Milestone: Prima’s scheduled exit from its Keppel Road site in 2028 clears a prominent industrial parcel sitting directly between Tanjong Pagar Terminal and Keppel Club.
•Greater Southern Waterfront Momentum: Alongside the Keppel Club housing precinct and Pasir Panjang Power District, the move accelerates the conversion of port and industrial land into waterfront living.
•District 2 & 4 Ripple Effect: Existing residences in Spottiswoode, Keppel Bay, and HarbourFront stand to benefit as heavy industrial traffic gives way to waterfront parks and mixed-use nodes.

Flour miller Prima Limited will relocate from its unmistakable cylindrical grain silos along Keppel Road when its site lease expires in 2028, marking the end of an era for one of Singapore's oldest waterfront industrial landmarks—and unlocking another strategic parcel along the Greater Southern Waterfront (GSW).

For over six decades, the Prima flour mill has stood at the gateway between Tanjong Pagar and Telok Blangah. As port operations complete their consolidation at Tuas Mega Port and construction advances on the neighbouring Keppel Club residential precinct, the expiration of industrial leases along Keppel Road paves the way for seamless urban connectivity between the CBD and Sentosa.

"Every industrial lease that expires along Keppel Road brings the Greater Southern Waterfront one step closer to reality—turning a former port highway into Singapore's next premier coastal belt." — PropertySpy Market Note

🏢 Featured & Nearby New Launches

Explore All Launches →

Urban planners have also highlighted the architectural character of the historic silos, raising the possibility that elements of Singapore's maritime industrial heritage could be adaptively repurposed alongside new waterfront parks, commercial nodes, and residential developments.

How to Position for the Greater Southern Waterfront Master Plan

For property investors with a 5-to-10-year horizon, the gradual replacement of industrial uses along Keppel Road and Pasir Panjang removes a long-standing visual and traffic barrier for surrounding residential enclaves in District 2 and District 4. Connect with PropertySpy to explore undervalued freehold and leasehold residences positioned along the GSW corridor.

PropertySpy Advisory

Planning Your Next Move in the Property Market?

Whether you're looking for your next family home, thinking of selling at the right benchmark, or planning your finances and timeline before TOP, our team is here to walk through the actual numbers with you.

💬 Speak with PropertySpyRequest Property Review & Numbers

Singapore Property Portfolio

Looking to purchase, divest, or restructure your property portfolio?

Browse All Listings →
The Hillshore 锦绣山庄
Featured: The Hillshore 锦绣山庄 · D05

Related Market Insights

All News →
URA Steps Up Enforcement Against Unauthorised Partitioning in Private Homes
11 Oct 2026

URA Steps Up Enforcement Against Unauthorised Partitioning in Private Homes

OUE REIT Confirms IOI Properties and CapitaLand in Talks for One Raffles Place Stake
9 Oct 2026

OUE REIT Confirms IOI Properties and CapitaLand in Talks for One Raffles Place Stake

Six More CCR Luxury Condos From S$3B Probe Head to Mortgagee Auction
9 Oct 2026

Six More CCR Luxury Condos From S$3B Probe Head to Mortgagee Auction

Get in touch

Interested in Singapore property?

Our team of CEA-registered agents are ready to help you buy, sell or lease.

Send us a message

By submitting, you agree to our privacy policy.