Tag Archives: Tanjong Pagar

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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Tanjong Pagar: The next new hotspot

Posted on 2 May 2013 | Comments Off on Tanjong Pagar: The next new hotspot

Tanjong Pagar is quickly becoming a popular and vibrant destination for swanky boutique hotels, creative office spaces and award-winning celebrity restaurants, according to Savills Singapore.

With many new residential projects such as Eon Shenton and Pinnacle@Duxton, the area is expected to overtake Ann Siang Hill and Club Street as a hotspot. Moreover, the nearby port is expected to relocate by 2026 and will be replaced by low-rise, sea fronting homes.

“The main attraction for Tanjong Pagar is its quaint conservation shophouses juxtaposed with modern skyscrapers. It is this meld of contrasts that draws the crowd in – a playground that serves their needs day and night, whether at work, play or even at home,” noted Sulian Tan-Wijaya, Senior Director, Lifestyle and Retail at Savills.

The firm was recently appointed to market three adjacent shophouses built in the 1920s. Located at 1A Keong Saik Road, they are near Chinatown, Harbourfront, Clarke Quay and Outram Park MRT stations, and were previously owned by AIA Singapore to house part of its Singapore-based operations till the end of last year.

Source : PropertyGury – 2 May 2013

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Posted in Property Market / Real Estate

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