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Translation: Topping out of one tower; South Beach to complete next year South Beach held a topping out ceremony yesterday. The project is expected to be fully completed by end of next year. Jointly developed by City Developments Limited (CDL) and IOI Group, South Beach comprises two main buildings and four historic conserved buildings, including the former NCO Club. Yesterday’s topping out took place on the 45th storey of the
The Rising Tide Top of Form By Thunder Storm 12/18/14 4:15 PM By Kannan Chandran The waves of change that have reshaped the Singapore skyline continue to ripple along Beach Road. The latest towers to rise up are not as tall as those already redefining Singapore’s skyline, but will have a significant role in interpreting a historic parcel of land. The South Beach stands on the block where the NCO
High-end retailers and celebrity chefs might be added to the mix at South Beach, Singapore’s largest mixed development.The project’s retail component is scheduled to open its doors in the fourth quarter of next year.A 37,000 sq ft retail strip – called Coral Plaza – in the basement of the Beach Road project will feature 20 units, which could be leased to food and beverage (F&B) operators, said the South beach
The Business Times – November 7, 2013 By: Kalpana Rashiwala http://www.stproperty.sg/ [SINGAPORE] A steady stream of office leasing deals has been inked of late in the CBD, showing that demand in the market still has legs. In what is believed to be the first leasing deal at South Beach Tower, Rabobank is said to have signed a lease for about 26,000 square feet. It will be moving out of 77
Some have major launches on the way, others are on buying sprees The Straits Times – December 30, 2013 By: Melissa Tan http://www.stproperty.sg/ PROPERTY developers did not have the easiest year, what with the cooling measures imposed in January and the loan curbs in June, but some still managed to do well while others made their first foray abroad. The Straits Times looks at the top five developers to watch
This article was first published in TTG Asia, February 21, 2014 on page 6. By: Raini Hamdi http://ttgasia.com/ The ‘City’ he built turned 50 last year – richer, greener and peppered with hotels. At 72, the Singapore tycoon has more indefatigable energy than ever You’ve just hired the first CEO for City Developments Limited (CDL), Grant Kelley. What would you like him to do? He is a private equity man
South Beach Consortium is set to raise Singapore’s ‘cool’ level when it soft-opens in 1Q2015. The search for talent to run the hotel is on. Mongolia . CEO Aloysius Lee talks to Raini Hamdi about the project and finding people. What sort of talent are you looking for? As the product is different, we need people who will buy into its concept. Ours is a HIP hotel, i.e. Highly Individual
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