Come July, the developer behind the mega mixed-use project Marina One will find out whether its strategy four years ago of holding back half its 1,042 residential units from the market has paid off. M+S Pte Ltd, the joint-venture firm by Malaysia's Khazanah Nasional and Singapore's Temasek Holdings, will release 30 per cent of its 521-unit Garden Tower for sale, with the rest expected to be released in...
We analyse if you should invest in a premium city home in the new financial district, such as Marina One Residences, before it is fully completed and prices rocket No other area in Singapore has been attracting as much widespread attention as Marina Bay. The 360-hectare business and financial hub has drawn investors and leading global institutions alike since the Government announced that it will be...
Wallich Residence – the residential component of the Tanjong Pagar Centre – a landmark integrated development that sits right above Tanjong Pagar MRT at Peck Seah Street/Choon Guan Street. Wallich Residence units will start at 180m above sea level, peaking at 290m, the highest residences in Singapore when completed. The 181 units of very exclusive and prestigious sky homes will offer...
The Urban Redevelopment Authority (URA) released the detailed sales conditions for the White site at Central Boulevard today. The land parcel is available for application under the Reserve List of the second half 2015 Government Land Sales Programme. Located within the heart of the new growth area at Marina Bay, the future development on the White site will contribute to building up the critical mass of...
Property group Frasers Centrepoint (FCL) on Tuesday (Feb 17) unveiled plans for Frasers Tower, its latest project in downtown Singapore. Frasers Tower is a 38-storey premium Grade A office development located at Cecil Street in the Central Business District. It will have a total net lettable area of around 690,000 square feet (sq ft) with an open-space terrace on the fourth floor, and a roof...
Come mid-2016, the Tanjong Pagar Centre will be the tallest building in Singapore, towering over the Central Business District at 290 metres. Developer GuocoLand Group launched the office and retail components of the project on Wednesday (Feb 4). The integrated mixed-use development will have six storeys of F&B and lifestyle offerings and public spaces for recreational and community...
Luxury project Marina One Residences at Marina Bay has attracted strong interest. According to the developer M+S, more than 85 per cent of the 242 units released so far have already been taken up. M+S is a joint venture between Singapore's Temasek Holdings and Malaysia's Khazanah Nasional. Public sale will commence this weekend. The prices range from S$1,960 per square foot to S$3,100 per square...
Over the last three years, the global financial firms that dominated 60 per cent of office space in Singapore’s Central Business District (CBD) have given up 500,000 square feet (sq ft) in space. Taking their places are big names from the e-commerce, consumer products and insurance industries, according to real estate group Jones Lang LaSalle. “Ten years ago all anyone wanted was financial houses...
The office leasing market in the central business district has seen a greater diversification in tenants over the past 12 months. Property consultants say that as financial institutions continue to rationalise their real estate costs, others such as dotcom companies are expanding in prime city locations to attract "Gen Y" talent. Unlike those in other cities, tech companies in Singapore are located...
US casino giant Las Vegas Sands may be keen to build more hotel rooms in Singapore, but the company has not made any formal proposal to authorities here. The world's biggest casino operator plans to add 1,500 rooms to its Marina Bay Sands integrated resort in Singapore, the firm's billionaire founder Sheldon Adelson said last week. A news report had quoted Mr Adelson as saying that Las Vegas Sands...
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