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Old January 27th, 2008, 11:14 AM   #181
RafflesCity
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Some overviews of the serious construction boom going on there.

Not counting the 2 new towers of the Sail completing this year, there are a confirmed 11 new highrises being built by the bay (knowledge as of today):

Under construction
Marina Bay Sands resort (3 towers)
Marina Bay Financial Centre (5 towers)
One Shenton (2 towers)
OUH redevelopment (1 tower)

Coming onstream
Marina View development (potential for 2 more towers from the Australian developer that just bought the land via tender)

Infrastructure works & other projects
New MRT extension (u/c)
Common Services Tunnel for utilities (u/c)
Gardens by the Bay and Art Park (u/c)
Marina Barrage (u/c)
future Cruise Terminal (planning)
Marina Coastal Expressway (approved)
Clifford Pier conservation hotel (u/c)
Pedestrian bridge over the bay (u/c)



19 Dec 2007

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Old January 27th, 2008, 11:15 AM   #182
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25 Jan 2008

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Old January 27th, 2008, 03:33 PM   #183
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Quote:
Originally Posted by kurakura View Post
most expensive/km expressway in the world?
Maybe yes, maybe not, however what should really concern you is the obvious (by the latest pics) failure of Marina Bay Sands Resort to be completed by 2009. As things are progressing, even the underground structure might not be ready by the end of 2009.

I should have raised the bar.
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Old January 28th, 2008, 04:48 AM   #184
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What about the dreaded Central Promontory RafflesCity ???
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Old January 28th, 2008, 11:01 AM   #185
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dreaded?

No news yet apart from some enthusiastic noises last year (or was it 2006)?

No doubt the news will get here very fast once it is announced. Even so, time will be needed for a design evaluation (assuming there is one), foundation works and construction. My bet is it would be ready end 2010 or more likely after 2010.
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Old January 29th, 2008, 05:49 PM   #186
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Some renderings emphasizing the MBFC. (Note the Sail has been deliberately left out in the developer's impressions).


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Old January 29th, 2008, 06:12 PM   #187
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Haha talk about hiding the truth
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Old January 29th, 2008, 06:14 PM   #188
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Yah hate it but what to do? At least in the last rendering it does look more realistic...
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Old January 29th, 2008, 06:17 PM   #189
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Its being unfair to the buyers who would expect it to look like what's in the render, and not being blocked by another tower.
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Old January 29th, 2008, 08:18 PM   #190
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Quote:
Originally Posted by RafflesCity View Post
dreaded?

No news yet apart from some enthusiastic noises last year (or was it 2006)?

No doubt the news will get here very fast once it is announced. Even so, time will be needed for a design evaluation (assuming there is one), foundation works and construction. My bet is it would be ready end 2010 or more likely after 2010.
Sir Stamford of RafflesCity I am on the 11th floor T1 so for me it certainly is the DREADED CP Maybe I will have to dump it at a discount if the CP goes to the full 50mt permissible ht :-( and move to a slightly higher floor at a premium price :-) I have trying to do that anyway over the past few months but the daily-adjustable pricing & sellers attitude/behaviour have put me off......

Last edited by Veru; January 30th, 2008 at 04:20 AM.
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Old March 29th, 2008, 03:02 PM   #191
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Unlikely that the Central Promontory will be developed yet. However, there will be a pedestrian promenade so people can walk easily from the IR to the MBFC and Sail.

17 March 2008

New infrastructure for Marina Bay




Marina Barrage Visitor Centre
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Old March 29th, 2008, 08:20 PM   #192
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Thank you Lord RafflesCity for the good news that the dreaded CP is on hold...... I can see it in the background of your beautiful snapshots tho :-(
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Old March 29th, 2008, 11:56 PM   #193
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Quote:
Originally Posted by RafflesCity View Post
17 March 2008

New infrastructure for Marina Bay



the thing that u/c (bridge) is that the HELIX bridge the one look like DNA?
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Old March 30th, 2008, 02:43 PM   #194
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yes

@Veru...it should be on hold until a very compelling design is received, maybe there will be a competition or something like what they did with the IR....


Singapore plans to double size of financial district

10 Mar 08

Singapore - Singapore plans to double the size of its financial district as part of its strategy to emerge as one of Asia's leading financial centres, the government said on Monday. The new growth area will be more than twice the size of London's Canary Wharf and provide 2.8 million square metres of office space, the equivalent of Hong Kong's main central district, said the Urban Redevelopment Authority.

"Singapore's strong economic fundamentals have been driving the growth of the property market, and the corresponding demand for quality office space, for the past few years," said Choy Chan Pong, the URA's land administration director.

"To continue attracting investments, we are planning ahead to ensure we have sufficient land and infrastructure to support our robust economic growth."

Singapore's economy grew by 7.7 per cent in 2007, and it is expected to continue to grow by between 4 and 6 per cent in the medium term.

"This sustained growth will continue to underpin and drive the growth of the property market and the demand for quality office spaces in the next few years," the URA or land-use agency said.

The URA will offer sites for development near the multi-billion-dollar Marina Bay convention and casino resort complex over the next five to six years to meet the expected demand.

Over 15 years, the development of the 75-hectare site earmarked for extension of the financial district will see the addition of 2.82 million square metres of office space, "equivalent to the amount of office space in Hong Kong's Central today," the URA said.

http://www.earthtimes.org/articles/show/191163.html
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Old April 9th, 2008, 05:05 PM   #195
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MGPA’s Marina View project to cost $5b

19 March 2008

Devt to have over 2.6m sq ft in two towers of more than 40 storeys each



MACQUARIE Global Property Advisors (MGPA) will spend about $2 billion building a commercial complex on two development sites at Marina View that it clinched last year.

With the sites having cost close to $3 billion, the total investment will be around $5 billion.

MGPA bid for the two sites at separate public tenders just three months apart. It paid $1,409 per square foot per plot ratio (ppr) for the first parcel in September 2007 and $952.90 psf ppr for the second in November that year.

The second parcel does come with a requirement to provide a hotel component.

Speaking at the building agreement signing ceremony yesterday, MGPA CEO (Asia Investments) Simon Treacy said that there could be more bargains in the offing here.

‘The next six to nine months will have even better pricing available,’ he said.

Mr Treacy did not give details of future acquisitions here but was bullish on the office sector, where he believes rents can rise between 10 and 25 per cent this year.

MGPA’s Marina View development is expected to have a total gross floor area (GFA) of more than 2.6 million sq ft in two 40-storey-plus towers with a 20-metre-high podium.

According to the conditions of the tender, at least 70 per cent of the GFA of the first site must be developed as office space. The second site must have at least 60 per cent office space.

Also speaking at yesterday’s ceremony was MGPA CEO (Asia Developments) Michael Wilkinson, who revealed that there will be a 250-room luxury hotel. He also said that the retail podium is likely to have a significant number of F&B outlets to support the offices.

While a residential component is allowed, Mr Wilkinson said that this is not likely at the moment. However, he said that the design has not been finalised and MGPA is having ‘extensive discussions’ with the authorities to settle this.

MGPA has invested about $4.5 billion in Singapore over the last 15 months. Other major acquisitions include Temasek Tower, which it bought for $1.04 billion in March 2007.
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Old April 17th, 2008, 03:53 PM   #196
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Singapore's sport's future lies in the heart of the city

17 Apr 08



SINGAPORE : It has been turfed resplendently green and the lines have been drawn.

When goalposts with nets are fitted at both ends, the facility will be ready for football action.

Twenty-eight floors above, the TODAY office has a marvellous view of the floating platform on Marina Bay.

It is a magnificent venue for a football game.

The Singapore Sports Council say matches can be held there after Formula 1's SingTel Singapore Grand Prix 2008 race on Sept 28.

Football enthusiasts will be excited, because for the first time games will be played on an artificially-turfed pitch floating on water against a spectacular Singapore skyline that will surely whet the players' appetites.

The 2008 RHB Singapore Cup Final on Nov 28 could well be staged on the floating platform because the National Stadium is due to be torn down soon to make way for the Sports Hub and with a 27,000-capacity, the platform will be the biggest venue available.

It is also an ideal venue for a corporate titan to purchase naming rights to, because it offers a unique marketing opportunity.

On Wednesday, sports minister Vivian Balakrishnan mingled with some of the country's top business leaders at the Singapore Sports Council's 3rd CEO Gala at Sentosa.

In his speech, he said the aim was to grow Singapore's sports industry to the extent it contributes $2 billion to the GDP by 2015.

Saying that the private sector must lead the way, Balakrishnan is optimistic chief executives are aware the sports industry is set for a boom, citing the occasion when 700 companies pledged their support for the country's bid to host the 2010 Youth Olympic Games.

A pledge of support that warmed the heart, now it is time for the 170 or so chief executives who gathered at Sentosa on Wednesday and others around the country to show they genuinely believe there is tremendous potential in the sports industry, and what better place to start then a bid for the naming rights to the floating platform.

For the next five years at least the facility will be featured on television screens around the world as Ferraris, BMWs, Renaults and Mercedes Formula 1 cars, among others, race along in front of its grandstand.

In the heart of the city, the field should prove to be a popular venue for football, both for competitive games as well as for events staged by corporations and members of the public.

Those who remember how fans used to flock to the field in front of the old St Joseph's Institution (now the Singapore Art Museum) at Bras Basah Road will know how hot a football venue in the heart of the city can be.

Parties can be held under the stars, companies can host dinner-and-dance events on the Bay, the National Day Parade will be held there until at least 2011, when the Sports Hub will be ready.

Last night, SSC's chief of sports marketing, Kelven Tan, revealed that Citigroup Inc had paid US$20 million ($27 million), a sum it will continue to shell out annually over the next 20 years, for the construction in New York of the Citi Field Stadium, set to be the home to Major League Baseball team, the New York Mets.

Whenever games are played, the name of Citi Field Stadium will be brought up — on television and radio, in print and on the Internet.

It will stand out in maps of New York City, it will be on the lips of taxi drivers.

One corporate giant here could enjoy similar exposure.

The time has come for chief executives to pledge their support, through deed.

By Leonard Thomas, TODAY
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Old April 26th, 2008, 02:04 PM   #197
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Old April 26th, 2008, 02:37 PM   #198
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This is FANTASTIC RafflesCity --thankyou Sir !
Now we just have to wait for those pesky Central Promontory plans (its a huge empty chunk of prime waterfront in the immediate vicinity !)

Last edited by Veru; April 26th, 2008 at 06:01 PM.
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Old April 28th, 2008, 06:50 AM   #199
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What an interesting thread. My God Singapore's come leaps and bounds since from 50 years ago. A wonderful city with a tiger's bite
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Old April 29th, 2008, 03:30 PM   #200
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Picture by GOMUS

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