Parkway Parade
A suburban shopping centre and office complex in Marine Parade, Singapore.
Last updated October 14, 2026
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Overview
Parkway Parade is a suburban shopping centre and office development on Marine Parade Road in Singapore. Developed by Parkway Holdings, the complex became one of the country's earliest large suburban malls when it opened in the early 1980s. Its design drew on American suburban shopping-centre concepts, while consultants from the United States and Australia were engaged during planning. The development occupied a 31,536-square-metre site and was built during a period when Singapore was expanding retail and commercial activity beyond the traditional central business districts. Construction began in March 1981. Kajima Corporation used a proprietary flat-slab construction method to meet an Urban Redevelopment Authority deadline. The project was initially conceived as a 15-storey office block with a six-storey shopping podium and was expected to cost S$250 million. The completed development opened in December 1983 and was officially opened in March 1984. Its final configuration included a substantially expanded office tower and a multi-level shopping mall with basement space. Contemporary reporting described it as a major new retail destination, and the complex was regarded as unusually large for a suburban Singapore location. The mall's original tenant mix helped establish its identity as a middle-market family shopping centre. Department stores and specialist retailers included Isetan, Marks & Spencer, Yaohan Best, Small World and MPH Bookstore. The development also provided extensive dining and leisure attractions, including Hardee's, Petite Park, a short-lived Chuck E. Cheese's Pizza Time Theater installation, the Funland mini theme park and a large playground. These attractions differentiated Parkway Parade from a purely convenience-oriented neighbourhood centre. By 1992, the mall was reported to receive about 12 million visitors annually, reflecting its role as a major destination for residents in eastern Singapore. The property changed hands in 2000, when Parkway Holdings sold the building to Asia Pacific Investment Company. Lendlease was subsequently appointed to manage the mall. Over time, the centre evolved from a department-store-led format into a broader mix of supermarkets, fashion, food and beverage, services, education, entertainment and healthcare. A medical centre has occupied upper floors, while office accommodation has remained an important part of the overall complex. Parkway Parade has undergone several tenant and physical changes. Marks & Spencer opened a store in 2004. An exterior and public-area facelift completed at the end of 2012 introduced an expanded first-floor alfresco dining area and reworked the entrance zone, while removing the former Waterfall leisure feature. The enlarged dining area added tenants including Din Tai Fung, PappaRich and Twelve Cupcakes. Cathay Cineplexes later operated a seven-screen cinema at the mall from September 2017 until August 2023. The centre's retail mix continued to change in the 2020s. Giant ended an 18-year tenancy in February 2020, after which FairPrice Xtra became an anchor tenant in 2021. Isetan closed in late January 2022 following 38 years at the mall, and Muji subsequently occupied its former space. Marks & Spencer closed its Parkway Parade store in 2025 after two decades, citing portfolio rationalisation and greater emphasis on key locations and online sales. Other tenant departures reported around the same period included Putien, Treasures Yi Dian Xin, Dyson's demonstration store and 7-Eleven. Some tenants attributed trading pressure to rent increases and disruption associated with the construction of a future linkway to Marine Parade MRT station. In March 2025, the basement welcomed the Kopitiam Food Hall, combining established food brands, a cocktail bar and the Michelin Bib Gourmand-recognised HJH Maimunah, known for Malay and Indonesian nasi padang dishes. Putien also opened a smaller-format outlet. The centre therefore remains an active eastern Singapore retail destination, although its tenant mix and customer experience continue to adapt to changing retail patterns and transport infrastructure works.
History
Parkway Parade was conceived during Singapore's development of substantial suburban commercial centres. Parkway Holdings began construction in March 1981 on a 31,536-square-metre site along Marine Parade Road. The project was planned as a large mixed-use complex with offices above a shopping podium. Its designers drew inspiration from American suburban malls and consulted American and Australian specialists. Kajima Corporation used a flat-slab construction method to help meet the relevant planning and construction timetable. The complex opened in December 1983 and received its official opening in March 1984. The completed development was reported to have cost S$280 million. It combined a high-rise office component with a multi-level shopping mall and basement. A medical centre occupied upper floors, adding a healthcare function to the retail and office uses. The scale of the project made it one of Singapore's first prominent suburban shopping destinations. Its early identity was built around major department stores and family-oriented amenities. Isetan, Marks & Spencer, Yaohan Best, Small World and MPH Bookstore were among the notable tenants. The mall also contained varied restaurants and entertainment facilities, including Hardee's, Petite Park, a short-lived Chuck E. Cheese's Pizza Time Theater, Funland and a large playground. These features encouraged customers to visit for leisure as well as routine shopping. By 1992, contemporary reporting described Parkway Parade as one of Singapore's most successful malls and associated it with approximately 12 million annual visitors. Ownership changed in 2000, when Parkway Holdings sold the property to Asia Pacific Investment Company. Lendlease became the mall manager. The centre subsequently adjusted its offer as Singapore's retail market developed, adding and replacing department stores, supermarkets, food operators, entertainment venues and service businesses. Marks & Spencer opened at the mall in 2004. A refurbishment completed at the end of 2012 modernised the exterior and entrance area and expanded alfresco dining on the first floor. The project removed the Waterfall feature and added approximately ten dining tenants, including Din Tai Fung, PappaRich and Twelve Cupcakes. Entertainment remained part of the tenant strategy in the late 2010s. Cathay Cineplex opened a seven-screen facility in September 2017 in space previously used by True Fitness. The cinema closed in August 2023, and the space was later associated with enrichment, gym, dance and basketball operators. The 2020s brought further anchor-tenant change. Giant ended an 18-year tenancy in February 2020, with FairPrice Xtra opening in 2021. Isetan left in late January 2022 after 38 years, followed by the introduction of Muji in the former department-store area. Marks & Spencer closed its store in 2025 after 20 years. Other departures reported around that time included Putien, Treasures Yi Dian Xin, Dyson's demonstration store and 7-Eleven. Reported tenant concerns included rent increases and disruption related to construction of a linkway connecting Marine Parade MRT station with the mall, which was expected to be completed by 2027. The opening of Kopitiam Food Hall in March 2025 represented another shift toward food-led destination retail. The basement venue included international food brands, a cocktail bar, the Michelin Bib Gourmand-recognised HJH Maimunah and a Putien Mini outlet. Parkway Parade remains an operating shopping and office complex, with its long-term role shaped by tenant turnover, evolving consumer habits and improved rail connectivity.
- 2025
Kopitiam Food Hall opens
[1]A new basement food hall opens with multiple food concepts and recognised Singapore dining brands.
- 2021
FairPrice Xtra becomes an anchor
[1]FairPrice Xtra opens following Giant's departure.
- 2017
Cathay Cineplex opens
[1]A seven-screen cinema opens on Level 7.
- 2012
Public-area facelift completed
[1]The mall completes an exterior and entrance refurbishment with expanded alfresco dining.
- 2004
Marks & Spencer opens
[1]Marks & Spencer establishes a store at Parkway Parade.
- 2000
Ownership transfer
[1]Parkway Holdings sells the property to Asia Pacific Investment Company; Lendlease later manages the mall.
- 1984
Official opening
[1]Parkway Parade is officially opened in March as a major suburban shopping centre.
- 1983
Complex opens
[1]The completed development opens in December after construction costing about S$280 million.
- 1981
Construction begins
[1]Parkway Holdings begins developing the Marine Parade complex on a 31,536-square-metre site.
Products and positioning
A long-established suburban destination serving residents and families in eastern Singapore, combining everyday retail, dining, services, leisure, healthcare and office uses.
Retail property · 1983
Shopping mall
The core offering is a multi-level suburban shopping mall serving Marine Parade and surrounding eastern Singapore neighbourhoods. Its tenant mix has historically included department stores, supermarkets, fashion retailers, bookstores, electronics, convenience retail, restaurants and specialist services. The centre has repeatedly adjusted its layout and tenants in response to changes in suburban shopping, department-store demand and food-led retail.
Food and beverage · 2025
Kopitiam Food Hall
Opened in the basement in March 2025, the Kopitiam Food Hall combines established food brands with a bar serving cocktails. Its offer includes HJH Maimunah, known for Malay and Indonesian nasi padang dishes and recognised with a Michelin Bib Gourmand, as well as a Putien Mini outlet.
Commercial property · 1983
Office tower
The shopping podium forms part of a mixed-use development that includes a substantial office tower. The office component has helped Parkway Parade function as more than a retail destination, bringing commercial workers and businesses into the wider complex.
Healthcare services · 1983
Medical centre
Healthcare accommodation has been part of Parkway Parade's upper-floor offer since the original development. The medical centre complements the mall's retail and service functions and contributes to its role as a community-oriented mixed-use destination.
Brand decisions
2025
Introduction of Kopitiam Food HallProduct launchBackground
Parkway Parade was adapting its basement and tenant mix as several long-standing retail and dining operators departed.
Action taken
Kopitiam Food Hall opened in March 2025 with food brands, a cocktail bar, HJH Maimunah and Putien Mini.
Aftermath
The food-led concept added a new destination component to the basement and reinforced the centre's dining offer.
2021
Replacement of a major grocery anchorStrategyBackground
Giant ended its long tenancy after operating at the mall for 18 years.
Action taken
FairPrice Xtra opened in 2021 as a replacement anchor after Giant's departure in February 2020.
Aftermath
The change preserved a large-format grocery presence within the mall's tenant mix.
2011
Refresh of exterior and dining offerStrategyBackground
The mall sought to update its public areas and strengthen food and beverage activity.
Action taken
Parkway Parade reworked its entrance, removed the Waterfall feature and expanded first-floor alfresco dining, with the works completed at the end of 2012.
Aftermath
The enlarged dining zone accommodated about ten additional tenants, including Din Tai Fung, PappaRich and Twelve Cupcakes.
2000
Sale of Parkway ParadeM&ABackground
Parkway Holdings transferred ownership of the shopping and office complex after developing it as a major suburban retail property.
Action taken
The property was sold to Asia Pacific Investment Company, with Lendlease subsequently appointed as mall manager.
Aftermath
The ownership and management structure changed while Parkway Parade continued operating as a suburban shopping centre.
Recent events
- 2025
Marks & Spencer closes Parkway Parade store[1]
Other
Marks & Spencer closed its store after 20 years as part of a wider effort to refine its Singapore store portfolio and focus on key locations and online business.
- 2025
Kopitiam Food Hall opens in the basement[1]
Product launch
The new food hall introduced recognised food brands, a cocktail bar, HJH Maimunah and a Putien Mini outlet.
- 2023
Cathay Cineplex ceases operations[1]
Other
The seven-screen cinema closed in August 2023. The former cinema area was later used by enrichment and sports-related operators.
- 2022
Isetan closes after 38 years[1]
Other
Isetan ended its Parkway Parade operation in late January 2022. Muji later took over the former department-store space.
- 2021
Giant exits and FairPrice Xtra becomes an anchor[1]
Leadership change
Giant ended an 18-year tenancy in February 2020, and FairPrice Xtra subsequently opened as a major grocery anchor in 2021.
- 2017
Cathay Cineplex opens at Parkway Parade[1]
Product launch
A seven-screen Cathay Cineplex began operating in September 2017 in space formerly occupied by True Fitness.
- 2012
Exterior and dining-area refurbishment is completed[1]
Other
A facelift reshaped the entrance area, removed the former Waterfall feature and expanded alfresco dining on the first floor.
- 2000
Parkway Holdings sells Parkway Parade[1]
M&A
The property was sold to Asia Pacific Investment Company, after which Lendlease was appointed to manage the mall.
- 1984
Parkway Parade opens as a major suburban shopping centre[1]
Other
The Marine Parade complex was officially opened after development by Parkway Holdings, introducing a large department-store-led retail and leisure destination outside Singapore's central area.
Sources2 sources
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