With inner-city living becoming increasingly popular, homebuyers and investors will have wider options as more old office buildings are torn down and redeveloped into high-rise residential towers. The 43-storey, 312-unit The Clift developed by Far East Organization (FEO) is expected to be completed next January. Located in the heart of the CBD on McCallum Street, the project is across the road from the...
Marina Bay / CBD
The increasing trend of living in the city led to a spike in residential property developments within the Central Business District (CBD). Developers have turned their eyes on redeveloping existing commercial buildings into residential properties to cash in on strong buyer interest. For instance, all 202 units in Hong Leong's inner city residences at 76, Shenton Way, were sold in one day. Among new...
Mainboard-listed United Industrial Corporation (UIC) plans to redevelop the UIC Building at 5 Shenton Way. The company has paid an estimated development charge of S$160.1 million to the Urban Redevelopment Authority for the proposed redevelopment. This is based on a 60 per cent residential and 40 per cent commercial mix with a gross floor area of 926,589 square feet (86,083 square metres). UIC said the...
Location: Robinson Road (Dsitrict 2) Tenure: Freehold Year of Completion: 2016 Land Size: approx 9,096 sqft Total Units: 148 Unit Types: 1 + study ~ 484 / 495 / 506 sqft 2 bedroom ~ 603 & 614 sqft 2 bedroom garden suites ~ 969 & 1,001 sqft Penthouse ~ 1,087 - 1,346 sqft Facilities: 2 Sky Terraces on 7th & 19th floor Indoor Gym . 2 Pools . Outdoor Fitness Corner . Spa Room . Sky Park Garden...
The Marina Bay will be a key platform and catalyst for Singapore's future growth. Speaking at the official opening of the waterfront promenade at Marina Bay on Sunday, Prime Minister Lee Hsien Loong said Marina Bay will boost Singapore's position as a financial hub for Asia. Mr Lee said the new Marina Bay will define Singapore in the same way the Bund defines Shanghai. He said: "The private sector has...
Business owners at the recently re-opened Customs House said their business has gone up by as much 80 per cent since it opened in May. Part of the Fullerton Heritage precinct, the former home of the Singapore Customs Police is now a trendy dining and entertainment destination. Customs House was one of the earliest of Singapore's public buildings to be built in a modern style to blend with the city's...
MARINA Bay will be criss-crossed by a 16km network of cycling paths by 2014, becoming the first area in the city with such a facility. When completed, residents and office workers in the area will be able to cycle on bike-dedicated stretches linking the Marina Bay Financial District, Marina Bay Sands integrated resort, Marina Barrage and the future Gardens by the Bay. A $26 million fund has been set...
Mainboard listed Overseas Union Enterprise or OUE says its subsidiary, Clifford Development, has obtained pre-committed leases totaling some 88,000 square feet for its latest development 50 Collyer Quay. This is equivalent to 22 per cent of the net lettable area of the project. The initial lineup of tenants include global business consulting firm Bain & Company and international law firm Allen &...
Two foreign banks, ANZ and BNP Paribas, have become the latest to sign up for space at Ocean Financial Centre at Raffles Place. This raises the pre-commitment levels at the building to over 60 per cent. Analysts said demand and rentals for prime office space is expected rise in the short term as companies in the region continue to expand their businesses. Putting the final touches at the topping-out...
Keppel Land says two foreign banks, Australia and New Zealand Banking Group, and BNP Paribas Singapore, plan to lease prime office space at its Ocean Financial Centre. Keppel Corporation Chairman Choo Chiau Beng announced this at the topping out of the Centre Wednesday. He says ANZ plans to lease about 209 thousand square feet of office space, while BNP Paribas Singapore plans to lease some 58 thousand...