Pargon

Paragon opened in 1986 at 290 Orchard Road with 68,000 sqm of gross leasable area across six levels, positioned in the prime Orchard Road retail corridor between Ngee Ann City and the Orchard MRT station. The property is owned by Paragon REIT (PREIT), the Singapore-listed REIT, as the flagship PREIT asset and one of the most recognised premium fashion addresses in Singapore.

The upper floors of Paragon carry a concentration of medical specialist clinics, dermatology, orthopaedics, ophthalmology, plastic surgery, and general surgery practices, that has no equivalent in Singapore’s Orchard Road malls. Singapore draws significant medical tourism from Indonesia, Malaysia, the Philippines, and the broader Middle East, and Orchard Road’s premium hotels, international accessibility, and English-language healthcare environment make it the natural base for medical visitors. These patients and their accompanying family members constitute a distinct high-spend catchment that shops the Paragon retail floors before and after clinic appointments. Miu Miu, Salvatore Ferragamo, Coach, Michael Kors, and Burberry anchor the mid-luxury fashion register alongside premium lifestyle and beauty retailers. The CS Fresh premium supermarket serves the Orchard Road residential and visitor grocery demand. The comprehensive dining circuit and Paragon Junior children’s specialty cluster complete the lifestyle offer.

The Orchard MRT station on the North-South Line and Thomson-East Coast Line is 400 metres east. The prime Orchard Road pedestrian promenade provides the surface connectivity. Singapore’s international tourist flow of approximately 19 million annual visitors concentrates heavily on the Orchard Road corridor, adding a tourism retail layer to the resident and medical visitor base.

Paragon has been managed by Paragon REIT (PREIT) as the flagship PREIT asset, with a significant ownership transaction announced in 2026 involving CapitaLand Integrated Commercial Trust. Regardless of the evolving REIT structure, the medical-retail integration that defines the property remains unchanged. Paragon’s commercial identity rests on the medical-retail integration: the specialist clinic cluster above the fashion floors creates a functional reason to visit that is entirely distinct from the luxury depth of ION Orchard, the department store scale of Ngee Ann City, or the transit volume of Plaza Singapura.