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Old September 10th, 2007, 03:38 PM   #1
RafflesCity
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SINGAPORE | South Beach | 218m x 2 | 714ft x 2 | 45 fl | 35 fl | Com

It is located opposite the iconic Raffles Hotel along Beach Rd.
Its design integrates an old WW2 British army camp.

http://www.ura.gov.sg/pr/text/2007/pr07-96.html

http://www.ura.gov.sg/pr/beachroad.html












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Old September 10th, 2007, 03:39 PM   #2
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CityDev wins Beach Road site tender for $1.69b

10 Sep 2007

A GROUP led by property firm City Developments (CityDev) has clinched a plum commercial site in Beach Road - seen by some as the last iconic site in town - at $1.69 billion.

CityDev's subsidiary company Scottsdale Properties had teamed with Dubai state investor Istithmar and Israeli developer Elad for the bid, said the Urban Redevelopment Authority (URA) in a statement on Monday.

Competition is so keen in the current red-hot market that some property heavyweights submitted two bids in the hope of increasing their chances.

The historic 3.5ha site is just up the road from Raffles Hotel.

The URA on July 25 released the names of the seven tender submissions it had received by the time the tender closed. It awarded the tender after evaluating design concepts and then considering the prices submitted by those bids with acceptable designs.

Among the big names, Indonesia's Lippo Group - which already has extensive interests in Singapore - and Keppel Land (KepLand) put in two proposals each.

Lippo submitted its proposals under Beach Development and Nicoll Development.

KepLand tied up with a partner, Billion Rise - believed to be a vehicle for

Hong Kong giant Cheung Kong Holdings, another foreign group with interests in Singapore - for both of its bids. It tendered under Ocean & Capital Properties and Mansfield Developments.

CapitaLand submitted its proposal under various parties, all featuring the name 'Brilliant''.

The sixth proposal was from Colonnade Properties and Beacon Strategic Investments. This is led by Pontiac Land's Pontiac Investments.

The site can be built up to a gross floor area of 146,827 sq m and allows for a high-quality mixed-use development featuring mostly prime office space and hotel rooms.

Property experts say it is a large site affording the opportunity for an eye-catching development.

When the tender was launched in March, consultants had said the site could fetch $1 billion to $1.4 billion. URA had said the hotel and office space will add to the critical mass of such space in the area.
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Old September 10th, 2007, 03:43 PM   #3
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is this confirmed

or just proposed ?

amazing !!
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Old September 10th, 2007, 03:49 PM   #4
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encon, it is confirmed.

The tender closed in August, and all the competing bids were assessed.

This is the winning design!!!

Aerial of the plot
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Old September 10th, 2007, 03:50 PM   #5
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omg

it deserve to be win !!

cant wait to see it completed

when is it started to U/c ?
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Old September 10th, 2007, 03:56 PM   #6
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Quote:
Originally Posted by RafflesCity View Post
It is located opposite the Raffles Hotel along Beach Rd, next to Suntec City.
Am i seeing things?


A Singaporean that is an adminstrator?


Can't imagine being able to meet a local in this website
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Old September 10th, 2007, 03:59 PM   #7
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Quote:
Originally Posted by encon View Post
omg

it deserve to be win !!

cant wait to see it completed

when is it started to U/c ?
Assuming the developer needs 3 months to take over the site.
2008 - Piling and foundation works
2009 - Construction starts
Probably might complete in 2011 or 2012?

My guesstimates

and welcome to the forum, Gattberserk
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Old September 10th, 2007, 04:00 PM   #8
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can't wait

what is the name of this Project still unknown ?
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Old September 10th, 2007, 08:12 PM   #9
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OMG
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Old September 10th, 2007, 08:26 PM   #10
DAMN I m good
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its quite cool I like it
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Old September 11th, 2007, 03:37 AM   #11
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Old September 11th, 2007, 04:10 AM   #12
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my company is local architect!!!!
also cheers to foster!
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Old September 11th, 2007, 04:28 AM   #13
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Pretty Awesome.
Is it going to get built?
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Old September 11th, 2007, 05:00 AM   #14
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These look absolutely fantastic!!!
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Old September 11th, 2007, 04:37 PM   #15
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Quote:
Originally Posted by OEincorparated View Post
Pretty Awesome.
Is it going to get built?
It should be ready by 2012.

Eco-friendly project for iconic site in Beach Road

11 Sep 07

SINGAPORE'S fast changing city skyline is set for an eye-catching addition after a consortium was awarded a large, hotly contested Beach Road site, with a winning bid of $1.689 billion.
The new development, called South Beach, features two striking towers, 45 storeys and 42 storeys tall, plus the original conserved military buildings of the old Beach Road Camp which will be restored.

The project will boast premium office space, two hotels, shops and city residences.

Competition to develop the 3.5ha site - seen by some as the last major iconic site in town - was fierce but was won by a consortium led by City Developments (CDL).

The futuristic design, with environmentally friendly features, is by renowned British architects Foster & Partners.

The winning bid works out to $1,068.6 per square foot of potential gross floor area and was the higher of two tender submissions earlier shortlisted by the Urban Redevelopment Authority (URA) for their acceptable concept proposals.

Keppel Land and partner Hong Kong's Cheung Kong Holdings lost out with their bid of $1.386 billion.

CDL, which tendered via Scottsdale Properties, tied up with Dubai World's Istithmar Beach Road FZE and Elad Group Singapore, with equal stakes. US-based El-Ad Group, which bought New York's landmark Plaza Hotel from CDL executive chairman Kwek Leng Beng and his partner in 2004, is owned by Israeli billionaire Yitzhak Tshuva.

Said Mr Kwek: 'We are confident that South Beach will elevate Singapore's branding as a global city and help attract more prominent investors all over the world.'

CDL said the 99-year leasehold development, which has a gross floor area of 146,827 sq m, will be built by 2012.

The office space will be substantial as URA requires the developers to set aside at least 40 per cent of the space for office use. At least 30 per cent of the space must be for hotel rooms.

'Given its strategic location, South Beach is designed with a clear intent to bring economic benefits to complement the rapid growth of our city-state,' said CDL's managing director Kwek Leng Joo.

The consortium's proposal adopted environmental design and green technology to create a distinctive, high-quality development that fits in well with the tropical climate and the urban context.

A key feature of the winning design is a large 'environmental filter' canopy that covers the open spaces and ties together the new and conservation buildings within the site.

The first storey is laid out with a series of internal streets, which will enhance street level vibrancy and allow pedestrians to move about easily.

'The concept is a big step forward in strengthening Singapore's stand as an environmentally friendly city,' said Singapore Institute of Architects' president Tai Lee Siang.

When the Beach Road tender closed in July, the URA received seven submissions from major developers and firms. Five were rejected even though some of them came with higher bids.

For instance, the Lippo Group, which had tendered through Overseas Union Enterprise, submitted two bids above the winner's price.

'It's a good price for the CDL consortium because this is the last iconic site in Singapore,' said Mr Ku Swee Yong of property consultancy Savills Singapore. 'And hotel room rates and office leasing rates have been showing strong growth.'

Mr Li Hiaw Ho, executive director of CBRE research, said the site will add at least 500,000 sq ft of new office space and about 700 to 800 hotel rooms. It would relieve an office space shortage and offer rooms for visistors to the Formula One race, he said.


By Joyce Teo, Property Correspondent
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Old September 11th, 2007, 04:40 PM   #16
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You are even more accurate than newswriters


It appear only today in ST newspapers, yet you knew it long before that lol
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Old September 11th, 2007, 04:41 PM   #17
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what do you mean by "..old british camp" in the title? does it mean britain also ruled singapore or colonized it?
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Old September 11th, 2007, 04:44 PM   #18
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Quote:
Originally Posted by ThirskUK View Post
my company is local architect!!!!
also cheers to foster!
which is?
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Old September 11th, 2007, 04:46 PM   #19
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Quote:
Originally Posted by burj-dubai-fan View Post
what do you mean by "..old british camp" in the title? does it mean britain also ruled singapore or colonized it?
Yup, it was the site of the 1930s Beach Road Camp, which the military vacated it few years ago.

Singapore was a British colony from 1819 to 1959 (self rule) and became part of Malaysia in 1963.
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Old September 11th, 2007, 04:55 PM   #20
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The British used Singapore as its main naval stronghold and command centre for this part of the world. Much of the WW2 British military architecture, housing and old fortresses remain in various parts of the island.

This site was located in the heart of town though:



The history of the Beach Road Camp is synonymous with the legacy of the Singapore Volunteer Corps, which can be traced back to 1854. Blocks 1, 9 and 14 were designed in the Art Deco style in the 1930s. Deserving special mention is the column-free Drill Hall in Block 9, which is supported by a series of reinforced concrete frames. Nearby, the former NCO (Non-Commissioned Officers) Club building, then known as the Britannia Club, was built by the British Armed Forces and designed in the Modern style by Palmer and Turner.



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