The hotly contested Beach Road site, viewed by the players as the last major iconic site in town, was awarded to CDL-led consortium at $1.689b. This works out to $1068.60 psf for the potential GFA of 146 827 sqm.
To be known as South Beach, the 3.5ha site of 99-year leasehold shall hold premium office space, 2 hotels, shops and city residences. 2 tower blocks of 45 and 42 storeys will be built and the 4 conserved military buildings will be restored by 2012.
* CDL-News , URA-Award , URA-Images , AsiaOne-News *
*****
Nice, nice and vy good location ... ... if oni i got $$$ to buy :( .
Tuesday, September 11, 2007
CDL Won Iconic Site at Beach Road
Labels:
Commercial,
Hotel,
Residential,
Singapore,
Supply
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