Tag Archives: Tanjong Pagar MRT Station

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

Posted on 2 May 2013 | Comments Off on 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

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Posted in New Launches, Office / Retail / Industrial

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Dragon Mansion site up for en bloc sale

Posted on 31 May 2011 | Comments Off on Dragon Mansion site up for en bloc sale

Prime residential freehold property Dragon Mansion at 14, Spottiswoode Park, has been put up for collective sale by tender by its sole marketing agent Jones Lang LaSalle.

The site has a redevelopment area of 39,176 sq ft, including another plot housing a substation.

The gross plot ratio is 2.8 and the new property can be built up to 36 storeys. There is no development charge payable.

Subject to approval, an adjoining plot of state land of 1,167 sq ft costing about S$1.22 million could be added.

This will bring the total potential gross floor area to 112,959 sq ft. It can yield about 112 apartment units at 950 sq ft each, said Jones Lang LaSalle.

Dragon Mansion is within walking distance of Outram Park MRT Station and Tanjong Pagar MRT Station and a short drive away from the Central Business District and daily amenities.

The indicative price is between S$150 million and S$156 million, or from S$1,340 to S$1,392 psf per plot ratio, said Jones Lang LaSalle.

Another Dragon Mansion site, located at 18, Spottiswoode Park, was sold to Roxy-Pacific’s subsidiary Roxy Land in December 2009 for S$100.8 million.

It has since been redeveloped into the new Spottiswoode 18.
Source : Today – 31 May 2011

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Posted in En-bloc / Collective Sales

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