Singapore Power Building

TripleOne Somerset to open in January 2010

Singapore-based real estate investment house Pacific Star said on Thursday that the former Singapore Power Building is expected to open in January 2010. Now renamed TripleOne Somerset, the building is undergoing a S$50 million comprehensive facelift. The 32-year-old building, which Pacific Star acquired in February 2008, will introduce a revamped, striking frontage. The refurbished facade includes the...

Singapore Power Building sold

The 17-storey Singapore Power Building on Somerset Road has been sold. Pacific Star Group did not disclose the price it paid but it is believed to be close to S$1 billion. The property group described the transaction as a landmark deal and one of the largest commercial real estate deals transacted in Singapore to date. It is planning a makeover of the 30-year-old property. Part of the plans will be to...

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