Friday, October 18, 2013

Four Mega Mixed-Use Developments coming up in Singapore

Singapore's skyline is set to change with four mega mixed-use projects located in prime downtown locations.

DUO

DUO developed by M + S, a 40:60 joint venture firm formed by Temasek Holdings and its Malaysian counterpart Khazanah Nasional. Marketing for the residential component of DUO will start within October while its commercial units will be put up for sale by December 2013.

Duo-Residences-city-skyline

DUO located between Ophir Road and Rochor Road, is next to the Malay heritage conservation district of Kampong Glam. With a gross floor area (GFA) of 1.73 million sq ft, DUO will be the largest integrated development in the Bugis and City Hall area. The mega mix-use development will comprise a 49-storey residential block with 660 units, ranging from studio and one to four- bedroom apartments to penthouses.

Sitting on top of the upcoming Bugis MRT station on the Downtown line scheduled to be operational by end of 2013, it will also have a 39- storey commercial tower with a retail gallery, offices and a five-star hotel.

With an impressive 500,000 sq ft of office space, DUO will have floor plates of about 30,000 sq ft each. The Developers are also in talks with about five operators for its five-star hotel.


Marina One

M + S' other mega mixed-use development, Marina One, will start to market it residential component next year in 2014 after development approvals have been obtained. About twice the size of DUO, Marina One boast more than 3.67 million sq ft of GFA.

MARINA ONE Singapore
Artist's impression of Marina One

Marina One project is located in Marina Bay and will feature two 30- storey office towers, with two floor plates of about 100,000 sq ft which is one of the largest in Asia. There will also be two 34- storey residential blocks housing 1,042 apartments and 140,000 sq ft of retail space. The uniqueness of Marina One is that it will be the only development in the Marina Bay district to have a significant green pocket or space covering 65,000 sq ft.


Tanjong Pagar Centre

Clermont-Residence

Tanjong Pagar Centre, set to be Singapore's tallest building in Singapore at 290m, will have a residential component recently being unveiled by .glh and to be named Clermont Residence. Its units will be launched by the end of 2013 according to its developer GuocoLand. The project will feature a 38- storey office building named Guoco Tower, 100,000 sq ft of retail space and a 202- room luxury business hotel managed by its hotel subsidiary glh. The hotel, named Clermont Singapore, will be operational by 2016.


South Beach

South Beach, developed by a joint venture between CDL and IOI Group blends four historic buildings - three former Singapore army blocks and the Non-Commissioned Offices Club built in 1952 with two newly-built towers together with a 29,000 sq ft private club. Located between Raffles Hotel and Suntec City and just next to Esplanade MRT, developer CDL will start marketing its retail space in the first quarter of next year. Indicative retail rentals are expected to fall between $9 (SGD) and $10.50 (SGD). The development will have a total GFA of 1.6 million sq ft.

South Beach Residences Singapore




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