Tag Archives: Guocoland

Singapore’s tallest building to be built above Tanjong Pagar station

Singapore’s skyline is set to welcome its tallest building in 2016 at a site above Tanjong Pagar MRT station.

Developer GuocoLand said the 67-storey office-cum-residential tower will form part of the upcoming integrated development called the Tanjong Pagar Centre.

At 290 metres high, the building will soar above Republic Plaza, One Raffles Place and UOB Plaza One, which are 280 metres tall each.

There will also be a hotel and a shopping mall in the integrated development.

The entire development will have a floor space of 1.7 million square feet.

GuocoLand intends to launch the residential units for sale in the second half of this year, depending on market conditions.

Group managing director of GuocoLand, Trina Loh said: “I think it is difficult to give an exact price now. When it is closer (to the date of launch) we will reveal it.

“But if you look around the area, we have achieved certain prices. And we are very confident our product and the residential component starting at above 180 metres which is really above 50 storeys for residential should command a premium price compared to the area.”

Source : CNA – 2 May 2013

URA grants provisional permission to several projects

The Urban Redevelopment Authority (URA) awarded provisional permission (PP) to several large projects in the second quarter, including two mega developments by M+S Pte Ltd, a tie-up between Temasek Holdings and Malaysia’s Khazanah Nasional.

In April, M+S received PP for a mixed development at Ophir/Rochor Roads, which will include 350 hotel rooms, 670 apartments, 4,650 sq m of retail space and 64,010 sq m of offices.

The consortium also received PP for its Marina One mega project at Marina Way/Straits View in May. The project comprises 1,006 apartments, 208,310 sq m of office space and 12,030 sq m of retail amenities.

A group led by GuocoLand also secured URA’s provisional approval for a mixed development located above Tanjong Pagar MRT station, which will feature offices, shops, apartments and hotel rooms.

Moreover, the URA awarded provisional approval to Seletar Mall Pte Ltd to build 17,840 sq m of shopping space at Sengkang West Avenue/Fernvale Road as well as PLC 8 Development to develop shopping facilities and multiple-user factory space at Lavender Street.

Sim Lian also secured PP for a retail-residential development at Jelebu/Petir Roads. Meanwhile, JTC Corporation and LTH Logistics Singapore have been awarded provisional permission for CleanTech Two and a warehouse development at Banyan Drive respectively.

ECO at Bedok South Avenue 3 by Far East Organization, Frasers Centrepoint and Sekisui House likewise clinched PP, along with Hoi Hup group for a project at Kovan/Simon Roads and SP Setia International for a condo development along Chestnut Avenue.

Mount V Development, a partnership between City Developments, Hong Leong Holdings and TID also earned PP for a condo project at Mount Vernon Road.

Source PropertyGuru – 2012 Jul 30