Premium Orchard Road shopping destination Palais Renaissance unveils a new look and feel complete with a refreshed tenant mix.
Palais Renaissance earlier this month announced the completion of its year-long refurbishment. The S$7 million revamp, which commenced in 2021, sees the upscale CDL property introduce a new alfresco dining area fronting the Orchard Road streetscape and updated mall interiors with French-inspired design cues, among other changes.
The extended alfresco dining area on the ground floor – occupied by Merci Mercel and French Fold, among others – allows the space to seamlessly blend into the bustling Orchard Road thoroughfare. An extensive redesign has been applied to Palais’ interiors, complete with cosmetic touches such as like marquetry and hand-set mosaics that invoke a modern Renaissance setting.
Other upgrades include an expanded main entrance, escalators to the basement to improve accessibility, and a sleek infinity mirror wall in the basement for visitors to capture picture-perfect moments at Palais.
Part of the revamp also sees Palais Renaissance offer an updated tenant mix spanning dining, fashion, lifestyle and wellness concepts. Recently-introduced tenants include dining establishments such as fine-dining restaurant Caviar, modern gastrobar Binary, Japanese- inspired patisserie Cakebar, and seafood bistro Estuary, among others.
Some long-term tenants have remained as well. These include five-year old whisky bar The Writing Club, as well as Ishinomaki Grill & Sake, which has been at the mall for over eight years. Ishinomaki Grill & Sake recently also opened sake bar Table 33, located alongside its various dining concepts including Ki Teppan & Rogama.
In all some 75% of tenants are exclusive to Palais Renaissance. This sets it apart with other malls along the Orchard Road stretch that come with multiple chain concepts.
“The rejuvenation of Palais has attracted an array of specially curated dining concepts such as Estuary and Caviar and unique lifestyle concepts such as Mutiny and Artifactt, found exclusively in Palais Renaissance. With a carefully curated tenant mix, coupled with the various aesthetical and functional improvements made to the property, Palais offers an inviting and uplifting experience for both shoppers and tenants,” said Callie Yah, City Developments Limited (CDL) Executive Vice President, Head of Global Asset Management Division.
“I am excited to unveil the new look of Palais Renaissance and I am confident visitors will greatly enjoy the refreshed mall, not only for its beautiful interiors but also the enhanced tenant mix filled with many new F&B offerings,” said Sherman Kwek, CDL Group CEO. “Beyond physical upgrades, we also introduced our proprietary CityNexus smart building app to enhance our tenants’ daily operations. Post-AEI, the mall has now achieved full occupancy and positive rental reversion.”
“The ongoing rejuvenation of our portfolio is a key component of our corporate strategy whereby we seek to enhance our assets and elevate their performances. Since 2019, we have completed several major AEIs, including Republic Plaza, Le Grove Serviced Residences and King’s Centre, amongst many others,” Kwek added.
Follow us on Telegram to get updated on events and other spirited announcements!
