SINGAPORE’S largest property developer CapitaLand is set to roll out two more residential launches this year – the 1,040-unit The Interlace on the site of the former Gillman Heights, and a 165-apartment luxury project in Cairnhill Road on the site of the former Char Yong Gardens.
The company yesterday unveiled the design for the The Interlace, which it is developing with Hotel Properties Ltd. The project will cost about $1.4 billion all up, including the $548 million – or $363 per sq ft of potential gross floor area – paid for Gillman Heights in 2007
Prices could start from about $700,000 for a two-bedroom apartment, CapitaLand said. The project will be launched next month.
The Interlace was designed by Ole Scheeren, a partner at the Office for Metropolitan Architecture – the firm behind the design of the distinct 54-storey China Central Television Station headquarters in Beijing. For The Interlace, Mr Scheeren wanted to break away from the standard kind of residential project in Singapore comprising a cluster of isolated, vertical towers.
Instead, the design for The Interlace explores a new take on tropical living with an expansive and interconnected network of communal spaces. Thirty-one apartment blocks, each six stories tall, will be stacked in a hexagonal arrangement to form eight large-scale courtyards. The interlocking blocks will resemble a ‘vertical village’ with cascading sky gardens and private and public roof terraces. Continue reading
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