Paragon is a premier upscale retail mall and medical suite/office property located in the heart of Orchard Road, Singapore's premier shopping and tourist precinct, with 716,556 sq ft of NLA. Along Orchard Road, Paragon Mall is the destination of choice for upmarket shoppers, both Singapore residents and tourists alike, in search of high end retail and fashion in a spacious and luxurious environment. With six levels and one basement of designer fashion and luxury boutiques, sports and lifestyle shops, restaurants and cafes, Paragon Mall offers a complete shopping experience for both tourists and locals.
Paragon also houses Paragon Medical that hosts approximately 70 medical and dental specialist clinics and offices. These specialist clinics provide medical services ranging from cardiology, orthopaedics, urology, dermatology, obstetrics, gynaecology, oncology, paediatrics, dentistry, anti-ageing and traditional Chinese medicine. Paragon Medical is marketed using the slogan "Exclusivity and Convenience", a theme that marries up the requirement for medical services to be provided in a convenient manner with the luxurious nature of Paragon Mall and the type of customers that it attracts. It has a focus on targeting foreign tourists, but also the higher end of the local market. Paragon Medical is strategically located in Orchard Road and within the Mount Elizabeth medical cluster anchored by one of the most renowned healthcare establishments in Asia, Mount Elizabeth Hospital and Mount Elizabeth Medical Centre.
Paragon is well-served by the CTE and the property has a spacious 416-lot car park with valet service which is appreciated by affluent customers who prefer to drive or be driven when out shopping. The property is also served by complimentary shuttle bus services with bus stops at key hotels in Singapore and is within walking distance to Orchard MRT Station and Somerset MRT Station. Other forms of public transport to Paragon include the bus network and taxi services, with a taxi pick up/drop off point located immediately outside of the mall.
The table below sets out a summary of selected information on Paragon as at 31 August 2018:
|Property type||Retail and medical suite/office|
|GFA (sq ft)||1,017,211|
|NLA (sq ft)||716,556|
|Committed occupancy (%)||99.6%|
|Number of tenants||321|