The Red House Project is a joint development between Warees and the trustee of Wakaf Sheriffa Zain Alsharoff Bte Syed Mohamed Alsagoff. The new mixed development is a proposed 5 storey residential apartment fronted by the conserved Red House Bakery and 5 adjacent shophouses along East Coast Road. Enhancement would create an increase in the value of the property by S$46 million (230%).