One North

Singapore’s first shipping container hotel springs up in one-north

Two years ago, Mr Seah Liang Chiang thought of building his own tiny house in Johor. On Friday (Jan 17), that DIY weekend retreat project turned into a business. Mr Seah has launched Singapore's first hotel made using shipping containers. For S$150 to S$200 a night - depending on whether it is peak or off-season - up to four guests can stay in one of two cabins in one-north. Mr Seah said he...

Ascott Reit buys land for $62.4 mil to build co-living property

Ascott Residence Trust (Ascott Reit) has purchased a prime site in Singapore’s research and innovation business hub, one-north, for $62.4 million. The 60-year leasehold land, acquired from JTC Corporation, will be used to build a development for co-living, under Ascott’s co-living brand lyf. It will offer an estimated 324 units across two residential blocks and is slated to open by 2021. This...

One-north district sees healthy growth but traffic woes persist

The one-north district has been a bright spot for real estate development in Singapore this year. Launched in 2001, the business park is now home to more than 400 companies with about 46,000 workers. Earmarked as Singapore's technological and innovation centre, one-north started out as a Biotechnology hub before expanding to include Information Technology and Media. One-north's master planner JTC...

More space for start-ups at one-north by end-2014

Budding entrepreneurs in Singapore will soon have more working space to turn their ideas into new products and services. Industrial developer JTC has launched a cluster site to provide more work and recreational facilities for start-ups. With the opening of JTC Launchpad @ one-north, the government plans to drive more private sector involvement in the start-up community. Block 71 at Ayer Rajah...

Ascendas, Mitsui celebrate groundbreaking of Fusionopolis Phase 5

Leading business space solutions provider Ascendas Land (Singapore) and Mitsui & Co on Monday held a ground breaking ceremony for Fusionopolis Phase 5 at one-north. Projected to cost approximately S$370 million, Fusionopolis Phase 5 comprises a 17-storey building with approximately 59,300 square metres of business space and 5,500 square metres of retail space. The development also includes a separate...

New hotel and mall open in one-north

A new hotel-cum-serviced-suites and a new shopping mall have opened their doors in one-north. The four-star Park Avenue Rochester hotel is targeted for business and leisure travellers in the Buona Vista district. It also offers residential facilities as well as amenities for research, recreational and educational activities. The 271-room hotel started operations last month. Meanwhile, the Rochester...

JTC Corp launches North Bouna Vista site for public tender

JTC Corp has launched the North Buona Vista Drive for sale by public tender. The 1.8 hectare, 99-year leasehold site is located at the junction of North Buona Vista Road and Commonwealth Avenue West. It has a potential yield of about 112,000 square metres, with 2,000 square metres set aside for retail use. A developer has since committed to bid at least S$320 million for the land parcel in the public...

Flurry of activity as One-North Residences nears TOP

The 427-unit One-North Residences, jointly developed by UOL Group, privately held sister company Kheng Leong and construction group, Low Kheng Huat, will be getting its temporary occupation permit (TOP) in the coming months. Typical of most projects that are close to completion, transactions here have spiked up.The 99-year leasehold project was launched in March 2007, when the market was still red hot. As...

Media Park @ One North to begin Phase 1 development next year

First there was Biopolis; then recently, Fusionopolis was added. Next year, Singapore's business park at One North will see its Media Park begin the first phase of development. Details of the park's masterplan will be released on Wednesday by Information, Communications and the Arts Minister Lee Boon Yang. The architect behind Media Park @ One North is Bernard Tschumi, a Swiss-French now based in New...

Yongnam wins S$88m contract for retail, entertainment hub in one-north

Construction group Yongnam Holdings has won an S$88 million contract to build the Integrated Civic, Cultural, Retail and Entertainment Hub at one-north. The integrated hub is part of a 200-hectare development at Buona Vista known as Vista Xchange. The area aims to integrate living, working, relaxation and learning facilities when fully operational. Under the deal, Yongnam will construct the integrated...

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