CapitaLand, the manager of a mixed-development project in the Ophir-Rochor area, is considering the possibility of purchasing some components of the project. “We are in the midst of discussing with both Khazanah and Temasek arising from this involvement by us what our take-away (can potentially be). Do we have the right to purchase some of the buildings, the call option for some of those things? It’s...
Ophir-Rochor
Singapore investment firm Temasek Holdings and Malaysian sovereign wealth fund Khazanah Nasional will jointly develop prime land parcels in both countries into projects worth about S$12.2 billion. The two investment firms have established two subsidiaries - M+S Pte Ltd and Pulau Indah Ventures Sdn Bhd - for the purpose. Temasek has a 40 percent stake in M+S while Khazanah owns the remaining 60 percent...
Singapore-Malaysia joint venture to develop parcels there The Ophir-Rochor area is touted as the next downtown district, with plans for it to be an extension of the Central Business District. A 2.67-hectare area there will now be developed by a Singapore-Malaysia joint venture, following yesterday's land swap announcement by the two countries. After years of negotiation, both neighbours agreed to a deal...
The Ophir-Rochor area is touted as the next downtown district, with plans for it to be an extension of Singapore's Central Business District (CBD). It will now be developed by a Singapore-Malaysia joint venture, following Monday's land swap between the countries. After years of negotiation, Singapore and Malaysia finally agreed to a deal on Malayan railway land that cuts through the heart of...
The Ophir-Rochor and Marina South land parcels, which may be up for redevelopment by the Singapore-Malaysian joint venture company, M-S Pte Ltd, could be worth hundreds of millions of dollars. Analysts believe that should M-S decide to open up the land to developers, it could trigger fierce bidding for prime real estate. Earlier this week, the Singapore Government said the 78-year-old Tanjong Pagar...
A land parcel at the Ophir-Rochor area, which might be up for redevelopment by the Singapore-Malaysian joint venture company, M-S, could be worth hundreds of millions of dollars. Analysts said should M-S decide to open up the land to developers, it could trigger fierce bidding for prime real estate. Choice property in the city is hard to find. A site at Ophir-Rochor area was removed from the government...
AN EXCITING cluster of shops, homes, entertainment centres, hotel and office space - all set within an attractive garden-like environment in the heart of Singapore’s city centre. This is the Urban Redevelopment Authority’s (URA) vision for the 2.7-hectare green field development site, :bordering Ophir and Rochor roads, it is putting out for tender. With analysts forecasting a possible land sales...
The Urban Redevelopment Authority (URA) has launched a white site for sale in the Ophir Rochor corridor. The announcement did not come as a surprise, as the government had already indicated it will be sold under the confirmed list of the land sales programme. The 2.7 hectare site is expected to be a mixed use cluster, acting as a connector between the existing financial district and the historical...
The Ophir Rochor area is undergoing a revamp. And a landmark development has been planned for this new office district. The Ophir Rochor district has been slated to be a new growth extension from the Marina Bay area. An artist's impression of Ophir Rochor district. The first plot next to Parkview Square will be released for sale in June as part of the government land sales programme. Analysts expect...
New Ophir-Rochor land parcel marketed at premier property event in Cannes. A PRIME land parcel enveloping Parkview Square in Bugis may soon draw more top developers to Singapore, just as the Beach Road and Marina View parcels did last year. The 2.74 ha site, along Rochor and Ophir Roads, will comprise office and hotel space, said the Urban Redevelopment Authority (URA), which is pitching it to an...