Super User

Esther Teo Property Reporter The Straits Times Friday, Oct 26, 2012 SINGAPORE – THE much-anticipated South Beach project is gathering pace with the developer preparing to market the homes, offices and shop space. The City Developments (CDL) and IOI Corporation consortium is “at the stage of preparing to market or pre-lease” the development, but has not finalised the launch date and pricing, a CDL spokesman said. The mixed-use project

Expects strong leasing activities in the fourth quarter with the completion of South Beach. Cushman & Wakefield estimated that Grade A office rents to rise to their highest level since 2008. It is recorded that office rental prices in Singapore has been rising for 6 quarters consecutively. Regardless of the rising prices, Marina Bay Financial Centre lowered its vacancy from 6.6% to 6.1%. This trend can also be observed in

Four conserved buildings have been incorporated seamlessly on site: Three are military buildings from the former Beach Road Camp, while the other is the former Non- Commissioned Officers' Club. These buildings now house eateries, bars and meeting rooms, as well as the ballroom. The project's eco-friendly features have impressed. Snaking between the buildings is an iconic wave-like, 280m-long canopy that has photovoltaic cells, which convert solar energy to electricity to light up the canopy and towers