SET to rise in a corner of the central business district, Singapore's highest condominium will not be a mere landmark.
It will be an Icon - literally. Far East Organization is set to launch its 646-unit Icon project at Gopeng Street, in the Tanjong Pagar area, in the first quarter of this year, sources said.
It is expected to be completed around 2006.
Rising 163 m high, the 46-storey building will dwarf its neighbour, the 18-storey, 67-m-high Amara Hotel.
It will also dethrone Allgreen Properties' 38-storey, 119-m-high Queens project at Stirling Road, which is currently the Republic's highest condominium.
But how does it compare with other giants on the Singapore skyline?
It will be about 40 per cent lower than Singapore's three highest buildings - the 66-storey UOB Plaza, the 60-storey OUB Centre and the 66-storey Republic Plaza - all of which are 280 m high.
But the Icon will be taller than the six 40-storey, 114-m-high Housing Board flats being built in Queenstown and Toa Payoh.
These HDB flats will be Singapore's highest public housing blocks when completed next year and in 2005.
But that record will last only until the Duxton Plain project comes along. Now in the design-development stage, the massive project - also in the Tanjong Pagar area - will have seven towers soaring 50 storeys.
The Icon will have 646 one-, two- and three-bedroom units including lofts and studio units. The top floors will have good views of the city skyline and the sea.
The Straits Times has learnt that Far East is planning to release 250 units of the Icon in the first phase of the 99-year leasehold project.
Analysts expect them to fetch $600 to $700 per sq ft - or $600,000 to $700,000 for a 1,000-sq-ft unit.
The Urban Redevelopment Authority has said that Icon's construction is in line with the Government's aim of providing high-rise city living.
Located near the Tanjong Pagar MRT station, it is also close to shops and major office buildings.
It will be an Icon - literally. Far East Organization is set to launch its 646-unit Icon project at Gopeng Street, in the Tanjong Pagar area, in the first quarter of this year, sources said.
It is expected to be completed around 2006.
Rising 163 m high, the 46-storey building will dwarf its neighbour, the 18-storey, 67-m-high Amara Hotel.
It will also dethrone Allgreen Properties' 38-storey, 119-m-high Queens project at Stirling Road, which is currently the Republic's highest condominium.
But how does it compare with other giants on the Singapore skyline?
It will be about 40 per cent lower than Singapore's three highest buildings - the 66-storey UOB Plaza, the 60-storey OUB Centre and the 66-storey Republic Plaza - all of which are 280 m high.
But the Icon will be taller than the six 40-storey, 114-m-high Housing Board flats being built in Queenstown and Toa Payoh.
These HDB flats will be Singapore's highest public housing blocks when completed next year and in 2005.
But that record will last only until the Duxton Plain project comes along. Now in the design-development stage, the massive project - also in the Tanjong Pagar area - will have seven towers soaring 50 storeys.
The Icon will have 646 one-, two- and three-bedroom units including lofts and studio units. The top floors will have good views of the city skyline and the sea.
The Straits Times has learnt that Far East is planning to release 250 units of the Icon in the first phase of the 99-year leasehold project.
Analysts expect them to fetch $600 to $700 per sq ft - or $600,000 to $700,000 for a 1,000-sq-ft unit.
The Urban Redevelopment Authority has said that Icon's construction is in line with the Government's aim of providing high-rise city living.
Located near the Tanjong Pagar MRT station, it is also close to shops and major office buildings.