Village with growing vibes

More buzz will soon be added to Tanglin Village (picture), the rustic bohemian hangout a short drive from the busy Orchard Road area.

Yesterday, the Singapore Land Authority (SLA) awarded a total of 11 buildings — consisting of 40,135 sq m over two sites — to local construction company Country City Investment Pte Ltd.

Country City Investment is planning to turn the cluster into a “lifestyle destination area”.

For the Dempsey Hill area, the tenant is planning a mixture of food and beverage (F&B) establishments and recreational outlets, such as a children’s entertainment centre.

Over at the former Civil Service Club at 25 Dempsey Road, a mix of fine dining restaurants will form the sub-tenants.

Mr Nicholas Ng, Country City general manager, told Today the company has been “very selective”, considering factors such as concept and business proposal.

“Ultimately, we hope that with the F&B establishments and fine dining restaurants will be a new lifestyle destination that will attract locals, expatriates and travellers alike,” said Mr Ng.

The two new developments are expected to be operational in the later half of this year.

The tenancies at the two sites are for an initial term of three years and renewable up to 2015.

Since Tanglin Village’s launch last year, the SLA has managed to attract keen interest. For example, the former Civil Service Club received an overwhelming nine bids — ranging from $38,000 to $93,889, on a total site area of about 16,300 sq m.

With the award of the two sites, SLA said it is closer to fulfilling about 60 per cent of the site’s occupancy as an enclave of lifestyle, education and art interests.

In August, it will put up another property for public tender at Minden Road for similar lifestyle uses.

Source: Today, 29 June 2007

Join The Discussion

Compare listings

Compare