Here’s a consolidated dossier on Country City Investment Pte. Ltd. (CCI) based on what’s publicly accessible online as of today.
1. Basic corporate details
Legal name: COUNTRY CITY INVESTMENT PTE. LTD.
UEN: 200604045K
Incorporation date: 22 March 2006 (Exempt Private Company Limited by Shares).
Registered address:
8D Dempsey Road, #03-01, Singapore 249672
Paid-up capital: About SGD 1,200,000.
Status: Live / Active local company.
Principal activities (SSIC):
Different aggregators give slightly different wording, but all are in the same space:
Principal activity: Real estate developers / “real estate and lifestyle development activities”.
Secondary activity: Other holding companies.
The company is consistently classified as a real estate / property development / investment firm focusing on lifestyle-type developments.
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2. Business profile & positioning
Public profiles (Joblum, MyCareersFuture and others) describe CCI as:
A property / real estate investment and development company,
Focused on redevelopment and adaptive reuse of real estate,
Known particularly for turning heritage or ex-military / institutional sites into lifestyle destinations.
They are frequently described as:
“The company behind the highly successful lifestyle enclave that is known as Dempsey Hill today” and a pioneer developer / master tenant of Dempsey Hill and Loewen by Dempsey Hill.
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3. Key projects & track record
3.1 Dempsey Hill & Tanglin Village
This is their flagship and what they are best known for.
CCI took a cluster of former military barracks at Tanglin Village / Dempsey Road and redeveloped it into Dempsey Hill (restaurants, bars, delis, lifestyle outlets) in the mid-2000s.
They later extended this with Dempsey Hill Green / Loewen by Dempsey Hill, another cluster of colonial buildings, with F&B and lifestyle uses.
CCI has been master tenant / master landlord of sizeable parts of Dempsey from about 2007 onwards under Singapore Land Authority (SLA) tenders, subletting to multiple F&B and retail tenants.
Some specific tender / lease details that show their scale:
Around 2007, they won an SLA tender to manage clusters at Dempsey Hill and Dempsey Hill Green.
In another SLA tender (for nine blocks in the Dempsey cluster), CCI reportedly bid S$378,300 per month as master landlord.
News articles note that CCI has been master tenant for 17–18 blocks in the area at different times, with lease extensions granted by SLA (e.g. a two-year extension for nine blocks in 2020).
Role / positioning at Dempsey:
Media repeatedly describe CCI as “the biggest player in the enclave”, managing Dempsey Hill and Loewen by Dempsey Hill.
They have curated a mix of F&B, galleries, furniture and lifestyle outlets; and even created Dempsey Walking Trails to promote heritage and nature aspects of the precinct.
CSR / community bits:
FaithActs’ 2017 annual report thanks “Country City Investment and its tenants at Dempsey Hill” for sponsoring Chinese New Year and other programmes for youth and seniors, indicating active community engagement.
3.2 New project – 2 Moulmein Road lifestyle hub (Novena)
This is the big, very current development.
On 8 Dec 2025, SLA awarded CCI the adaptive-reuse tender for 2 Moulmein Road, a 91,000 m² estate with 44 heritage buildings (former Middleton Hospital / Communicable Disease Centre).
CCI’s winning bid for the master tenancy was S$388,800 per month, the highest of 13 bids.
CCI plans to transform the site into a multi-generational lifestyle hub featuring:
Restaurants and cafés
Sports and wellness facilities integrated with the greenery
Enrichment and learning facilities for families, youth and seniors
Family-friendly communal areas, playgrounds and park nodes
Pet-friendly and inclusive spaces.
The target opening for the revamped hub is around the first quarter of 2027.
Recent media (Straits Times, Business Times, The Edge, Time Out) present this as a natural extension of CCI’s “Dempsey playbook” — taking a large heritage compound and curating it into a destination similar in spirit to Dempsey Hill.
3.3 Earlier Dempsey-related tenders & operations
Various older pieces give more colour on CCI’s activities at Dempsey / Tanglin Village:
SLA awarded CCI buildings at 25 Dempsey Road and 8 Dempsey Hill, with plans for fine dining and F&B clusters.
They redeveloped blocks into a mix of 20+ cafés, restaurants, bars and delis under the Dempsey Hill brand by around 2007–2008.
There are mentions of significant capex: about S$3 million invested to develop Dempsey Hill and another S$1–2 million into Dempsey Hill Green, in an interview with founder/director Florence Tan.
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4. Management, owners & key people (from public sources)
Note: some of this is from older articles (mid-2000s to 2010s) so roles and shareholdings may have changed; ACRA’s latest BizFile would be the authoritative source.
4.1 Founding team / shareholders (historical)
A Straits Times feature (“Dempsey’s grand dame”) profiles Florence Tan and explicitly links her to Country City Investments:
She is described as director and conceptual lead of Country City Investments, the property development company behind Dempsey Hill and Dempsey Hill Green.
That article says the other two shareholders in the Dempsey project were:
Soh Kim Teck – owner of a building firm, more involved on the construction side.
Tan Kok Hua – an interior design company owner, noted as a “silent partner”.
This article treats Country City Investments and Country City Investment Pte Ltd interchangeably as the vehicle behind Dempsey Hill, though strictly speaking there may be multiple related entities with similar names.
4.2 Management / general manager
Multiple sources name Nicholas Ng as General Manager of Country City / Country City Investment:
A PropertyGuru piece and other reports from ~2007–2009 describe “Mr Nicholas Ng, 28, general manager of Country City”, talking about plans and investment to redevelop Dempsey and related blocks.
A TodayOnline article (2016) again quotes “Nicholas Ng, general manager of Country City Investments”, and notes that Country City manages Dempsey Hill and Loewen by Dempsey Hill.
A corporate profile of Singapore City Investment Industry Pte. Ltd. notes explicitly that “Mr Nicholas Ng is the General Manager of Country City Investment Pte Ltd”.
4.3 Other roles
A 2025 Singapore Tourism Board media alert on the Dempsey Precinct Partnership names Florence Tan, Director, Country City Investment, as a signatory to an MOU with STB and HSBC to develop the wider Dempsey precinct.
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5. Relationship with government agencies & tenders
CCI is repeatedly described as working closely with the Singapore Land Authority (SLA) as master tenant / developer of state properties such as Dempsey cluster and now 2 Moulmein Road.
Data.gov.sg records show CCI as the tenant of properties at 13 / 13A Dempsey Road, with approved usages including retail shop, furniture showroom, art gallery, spa (excluding massage parlour) and F&B / café – reinforcing their role as a mixed-use lifestyle operator.
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6. Contact details & operating hours (public listings)
From various directory sites (Yellow Pages, contact pages, etc.):
Registered / office address:
8D Dempsey Rd, #03-01, Singapore 249672
Phone (listed): commonly shown as +65 6472 1868 (some sites partially mask it).
Business hours (from one contact listing):
Mon–Fri: roughly 8:00am – 5:00pm
Sat, Sun: Closed
(As always, hours/phone are subject to change; these come from third-party directories.)
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7. Financial information
Detailed financial statements (revenue, profit, gearing, etc.) are not publicly available, as CCI is a private exempt company.
Publicly visible bits:
Paid-up capital: ~SGD 1.2 million (as noted above).
Some business intelligence sites (sgpgrid, RecordOwl) describe CCI as:
Private (no public listing / fundraising info)
Having “high spending power” based on internal scoring models (but these are proprietary and not transparent).
There is no open-source breakdown of CCI’s P&L, balance sheet, or debt structure.
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8. Miscellaneous notes & historical colour
CCI has been active in branding Dempsey as a tourist and leisure destination, including collaborations with bloggers and heritage tours (“Secrets of Dempsey Hill – In collaboration with Country City Investment Pte Ltd”).
They have done small environmental / welfare gestures like maintaining a turtle pond at Dempsey and directing coins thrown in by visitors to charitable causes.
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9. Gaps & caveats
Shareholding & up-to-date officers:
– Media from 2007–2008 name Florence Tan, Soh Kim Teck and Tan Kok Hua in connection with Country City Investments and the Dempsey project, but this may not reflect the current shareholder or director structure.
– For current statutory info you’d need to pull the latest BizFile from ACRA.
Financials:
– No public audited figures; only paid-up capital and generic “spending power” scores from data vendors.
Group structure:
– There are related entities with similar addresses / names (e.g. Country City Furniture Pte. Ltd., Country City Developers Pte. Ltd., CCI Entertainment Pte. Ltd.), but detailed intra-group relationships are not fully visible from open sources.
