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Old May 31st, 2013, 05:53 PM   #1
Mith252
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SINGAPORE | Frasers Tower | 235m | 38 fl | U/C

News from CNA.

Quote:
Commercial site in CBD up for sale by tender
POSTED: 31 May 2013 10:14 PM


An unknown developer has committed to bid at least S$623.7 million in the tender for the site at Cecil Street/Telok Ayer Street.


The land parcel at Cecil Street/Telok Ayer is up for sale by tender. (Photo: Urban Redevelopment Authority)

SINGAPORE: In about two weeks, developers can start bidding for the site at Cecil Street/Telok Ayer Street.

The sale for the reserve site was triggered after an unknown developer has committed to bid at least S$623.7 million in the tender.

The Urban Redevelopment Authority (URA) said the land parcel spans 7,600 square metres.

It has a maximum permissible gross floor area of 77,000 square metres and can be developed into a building with up to 50 storeys.

Eighty per cent of the space can be allocated for offices and the remaining 20 per cent for retail.

Nicholas Mak, Research Head of SLP International said: "Since the government had not put up any commercial site in the financial district on the Confirmed List since 2011, the tender of this site is likely to attract much attention from major developers.

"However, the restriction to disallow strata-subdivision of the development will limit the bidders to those who have deep pockets and those who plan to eventually divest the whole development to a REIT or property trust. Major developers who are sponsors of REITs could also be interested in this site."

Mr Mak expects five to 10 bidders for the site, with a winning bid of between S$760 million and S$830 million. This works out to S$915 to S$1,000 per square foot per plot ratio.
URA said the development cannot be sub-divided and sold to individual investors as strata-titled property.

- CNA/fa
source: CNA
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Old May 31st, 2013, 06:01 PM   #2
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According to URA website, max authorised height is 250m. Could be another giant in the Tanjong Pagar area

Anyway, it should be an interesting development.
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Old June 1st, 2013, 10:29 AM   #3
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There go the Old Gan Eng Seng pri school. This building has not much architecture merit but I am sure many of us share the memory of running up and down the stairs in these mass produce school in the 70s. I think there are still a few left such as one in Selegie road.
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Old June 18th, 2013, 05:08 PM   #4
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News from CNA.

Quote:
Commercial site near south of CBD launched for public tender
POSTED: 18 Jun 2013 9:49 PM



A location plan of the land parcel which has been launched for public tender. (Photo: URA)

The Urban Redevelopment Authority (URA) launched a 0.8-hectare commercial site at Cecil Street/Telok Ayer Street for public tender on Tuesday.

SINGAPORE: The Urban Redevelopment Authority (URA) launched a 0.8-hectare commercial site at Cecil Street/Telok Ayer Street for public tender on Tuesday.

URA had earlier received a commitment from a developer to bid at least S$623.73 million for the site.

Under the Reserve List system, the site will be put up for sale by public tender as the minimum price committed by the developer is acceptable to the government.

The site was made available for sale through the Reserve List system on 19 December 2012.

The land parcel, which will be directly connected to Tanjong Pagar MRT station, is located near the south of the central business district.

With a potential gross floor area (GFA) of 77,000 square metres, the proposed commercial development can be built up to 50 storeys high.

URA said part of the site will be set aside for open space, and form part of a green network that extends through Tanjong Pagar Park and Duxton Plain Park to Pearl's Hill Park.

URA said the 99-year leasehold land parcel is envisaged to be "a high-quality office development that can meet the needs of business services and financial institutions, and contribute towards strengthening the area as an attractive business and financial hub."

The tender for the site will close at 12 noon on 15 August 2013.

- CNA/xq
source: CNA
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Old August 16th, 2013, 02:10 AM   #5
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News from TODAY.


2013-08-16-01 by w3015r, on Flickr

source: TODAY
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Old August 16th, 2013, 06:15 AM   #6
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The bid was submitted by FC Commercial Trustee, as trustee of Aquamarine Star Trust, a vehicle wholly-owned by Frasers Centrepoint Limited (FCL).

As one of the top three property companies in Singapore, FCL is participating in the gradual rise of the developments surrounding Tanjong Pagar MRT station.

With a maximum building height of up to 60 storeys for this project, we can see Frasers Centrepoint Group adding a new skyscraper to the district with neighbouring GuocoLand's integrated project in Tanjong Pagar Centre consisting of Guoco Tower, TP 180 & a business hotel.
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Old August 3rd, 2014, 11:18 AM   #7
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Some pictures I took of the old Telok Ayer Performing Arts Centre site today.


2014-08-03-01 by w3015r, on Flickr


2014-08-03-02 by w3015r, on Flickr


2014-08-03-03 by w3015r, on Flickr


2014-08-03-04 by w3015r, on Flickr


2014-08-03-05 by w3015r, on Flickr
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Old September 14th, 2014, 02:23 PM   #8
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Some pictures I took of the old Telok Ayer Performing Arts Centre site today.


2014-09-14-01 by w3015r, on Flickr


2014-09-14-02 by w3015r, on Flickr


2014-09-14-03 by w3015r, on Flickr


2014-09-14-04 by w3015r, on Flickr


2014-09-14-05 by w3015r, on Flickr
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Old October 26th, 2014, 11:42 AM   #9
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Some pictures I took of the old Telok Ayer Performing Arts Centre site today.


2014-10-26-01 by w3015r, on Flickr


2014-10-26-02 by w3015r, on Flickr
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Old January 25th, 2015, 09:46 AM   #10
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Frasers Towers

Some pictures I took of the site today. This is the old Telok Ayer Performing Arts Centre.


DSC_0250 by w3015r, on Flickr


DSC_0251 by w3015r, on Flickr


DSC_0252 by w3015r, on Flickr


DSC_0253 by w3015r, on Flickr


DSC_0254 by w3015r, on Flickr
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Old January 26th, 2015, 03:53 AM   #11
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https://www.behance.net/gallery/2210...ighting-Design

Fraser's Tower rendering not sure if it's the confirmed design though...
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Old January 26th, 2015, 03:55 AM   #12
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its beautiful

Hope it will be realized.
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Old February 17th, 2015, 02:36 PM   #13
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News from CNA on the development.

Quote:
Frasers Tower plans unveiled
POSTED: 17 Feb 2015 19:27


Frasers Tower is a 38-storey office development at Cecil Street. It will be linked to a 3-storey cascading retail podium, says Frasers Centrepoint.


http://www.channelnewsasia.com/image...sers-tower.png

SINGAPORE: Property group Frasers Centrepoint (FCL) on Tuesday (Feb 17) unveiled plans for Frasers Tower, its latest project in downtown Singapore.

Frasers Tower is a 38-storey premium Grade A office development located at Cecil Street in the Central Business District. It will have a total net lettable area of around 690,000 square feet (sq ft) with an open-space terrace on the fourth floor, and a roof garden.

Frasers Tower will be linked to a 3-storey cascading retail podium with various retail and food and beverage offerings. The development also includes a standalone restaurant in a park and a 3-storey basement car park.

Mr Lim Ee Seng, FCL’s Group CEO, said, “Frasers Tower will have both indoor and outdoor work areas. The indoor offices will have floor plates of between 19,000 sq ft to 21,000 sq ft which are regular shape and free of interior columns. The outdoor areas such as the open-space common terrace on the fourth floor of the office tower and roof gardens will enable tenants to work, discuss and hold events and meetings while being close to nature.”

FCL did not disclose the development costs of this building. It expects the project to be completed by 2018.

- CNA/ly
source: CNA

News from The Straits Times. I have highlighted the proposed height of the building. You can read the full article in the source link below.

Quote:
Frasers Tower office building to be ready in 2018
PUBLISHED FEB 17, 2015, 6:00 PM SGT

...

The 235-metres tall office building, designed by DP Architects, will have column-free floor plates of between 19,000 to 21,000 sq ft, with green spaces such as a roof garden and an open terrace.

...

source: The Straits Times
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Old February 18th, 2015, 04:52 AM   #14
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Will the completed tower be seen from Marina Bay?
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Old February 26th, 2015, 05:45 AM   #15
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Quote:
Originally Posted by Scottx View Post
Will the completed tower be seen from Marina Bay?
I think it would be blocked from view.
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Old February 26th, 2015, 10:28 AM   #16
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Some pictures I took of the site today.


2015-02-26-01 by w3015r, on Flickr


2015-02-26-02 by w3015r, on Flickr


2015-02-26-03 by w3015r, on Flickr


2015-02-26-04 by w3015r, on Flickr


2015-02-26-05 by w3015r, on Flickr
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Old April 25th, 2015, 03:27 PM   #17
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Some pictures I took of the site today. Looks like they are building the site office.


2015-04-25-01 by w3015r, on Flickr


2015-04-25-02 by w3015r, on Flickr


2015-04-25-03 by w3015r, on Flickr
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Old June 28th, 2015, 08:10 AM   #18
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Some pictures I took of the site today. Work done for the piling. The construction phase has not started.


2015-06-28-01 by w3015r, on Flickr


2015-06-28-02 by w3015r, on Flickr


2015-06-28-03 by w3015r, on Flickr


2015-06-28-04 by w3015r, on Flickr


2015-06-28-05 by w3015r, on Flickr


2015-06-28-06 by w3015r, on Flickr
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Old September 6th, 2015, 11:59 AM   #19
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Some pictures I took of the site today.


2015-09-06-01 by w3015r, on Flickr


2015-09-06-02 by w3015r, on Flickr


2015-09-06-03 by w3015r, on Flickr


2015-09-06-04 by w3015r, on Flickr


2015-09-06-05 by w3015r, on Flickr


2015-09-06-06 by w3015r, on Flickr
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Old September 7th, 2015, 06:44 AM   #20
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Looks like they have already excavated the basement.
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