Commercial Projects in Pipeline1 As at End of 4Th Quarter 2014

Total Page:16

File Type:pdf, Size:1020Kb

Commercial Projects in Pipeline1 As at End of 4Th Quarter 2014 Commercial Projects in Pipeline1 as at End of 4th Quarter 2014 Gross Floor Area (sq m) Expected Description and Location of Project Name of Developer Hotel Year of Office Retail2 3 (No. of Rooms) Final TOP ARC 380 at Jalan Besar Prominent Site Pte Ltd/ 12300 1380 - 2017 Prominent Plaza Investments Pte Ltd Additions/alterations to existing Horizon Value Investments 7430 12570 - na commercial building at Havelock Sp3 Pte Ltd Road Additions/alterations to existing NTUC Club Investments Pte - 12750 - na Downtown East at Pasir Ris Close Ltd Additions/alterations to existing Alkas Realty Pte Ltd 6210 23500 - 2016 podium of OUE Downtown 1 at Shenton Way Additions/alterations to existing Harmony Convention - 19630 - na Suntec City convention centre and Holding Pte Ltd/ retail podium at Temasek Boulevard HSBC Institutional Trust Services (S) Ltd Alexandra Central at Alexandra Road CEL Alexandra Pte Ltd - - 14440 na (450) Clermont Residence/ Belmeth Pte Ltd/Guston Pte 95040 18480 16210 na Clermont Singapore/Guoco Tower/ Ltd/Perfect Eagle Pte Ltd (222) Tanjong Pagar Centre at Wallich Street DUO Tower/DUO Galleria/ Ophir-Rochor Commercial 64010 7420 28530 na hotel development at Fraser Street Pte Ltd/Ophir-Rochor Hotel (352) Pte Ltd/Ophir-Rochor Residential Pte Ltd Eden Residences Capitol/ Capitol Hotel Management - 24630 12610 na Capitol Piazza/The Patina Capitol Pte Ltd/Capitol Residential (157) Singapore at Stamford Road Development Pte Ltd/Capitol Retail Management Pte Ltd Eon Shenton at Shenton Way 70 Shenton Pte Ltd 11260 480 - na Hillion Mall at Jelebu Road Sim Lian JV (BP Retail) Pte - 20490 - na Ltd/Sim Lian JV (BP) Pte Ltd Hotel development at Cairnhill Road CH Commercial Pte Ltd/ - 240 17090 na CH Residential Pte Ltd (220) Hotel development at Cavenagh Grand Central Development - 1070 11810 na Road (1978) Pte Ltd (488) Hotel development at China Street British and Malayan Trustees - - 16000 2018 Ltd As trustee For Frasers (306) Commercial Trust Hotel development at Cross Street China Classic Pte Ltd - - 13000 na (352) Hotel development at Jurong Town Tamerton Pte Ltd - 3050 16100 2015 Hall Road (557) Hotel development at Middle Road 122 Middle Investment Pte - 3120 8770 2015 Ltd (396) Hotel development at Orchard Road Yat Yuen Hong Co Ltd - 870 14460 na (609) Hotel development at Victoria Street Forward Land Pte Ltd - 2320 30280 na (1500) Hotel/commercial/club development Oxley Gem Pte Ltd - 5300 23480 na at Stevens Road (787) Hotel/office development at Peck Far East Soho Pte Ltd 7630 - 11790 2015 Seah Street (314) 1 The above listing contains details of commercial projects in the pipeline with Written Permission and gross floor area of 10,000 sqm and above. 2 This refers to the space used for shop, food & beverage (F&B), entertainment and health & fitness purposes. 3 The expected year of final TOP is shown as “na” for some projects as the developer has not consented to the release of the information. 1 Commercial Projects in Pipeline1 as at End of 4th Quarter 2014 Gross Floor Area (sq m) Expected Description and Location of Project Name of Developer Hotel Year of Office Retail2 3 (No. of Rooms) Final TOP Hotel/retail development at Airport Changi Airport Group (S) Pte - 90000 5590 na Boulevard Ltd (129) Hotel/retail development at Thomson Chequers Properties Pte Ltd - 11180 25240 na Lane (437) Innovis/Synthesis/Kinesis at JTC Corporation 11770 - - 2015 Ayer Rajah Avenue/Fusionopolis Way Macpherson Mall at Macpherson LVND Investments Pte Ltd - 5680 8520 na Road (298) Marina One at Marina Way/Straits MS Commercial Pte Ltd/ 208360 18410 - na View MS Residential 1 Pte Ltd/ MS Residential 2 Pte Ltd Northpoint City at Yishun Central 1 North Gem Development Pte - 39100 - 2018 Ltd/FC North Gem Trustee Pte Ltd Office development at Depot Road Defence Science & 23710 - - na Technology Agency Office development at Harbourfront HarbourFront Four Pte Ltd 29270 2730 - na Avenue/Maritime Square Office/retail development at Cecil FC Commercial Trustee Pte 74310 2850 - 2018 Street/Telok Ayer Street Ltd Office/retail development at Hoe Fragrance Grandeur Pte Ltd 11290 11200 - na Chiang Road Office/retail development at Robinson Superluck Properties Pte Ltd 16670 7410 - na Road Office/retail development for Changi Changi Airport Group (S) Pte 8460 20360 - na Airport Terminal 4 at Airport Ltd Boulevard Oxley Tower at Robinson Road Oxley Consortium Pte Ltd 12210 4630 - na Retail development at Woodlands Housing & Development - 10390 - na Drive 71 Board Royal Square At Novena at Irrawaddy Hoi Hup Sunway Novena Pte - 5240 8770 2017 Road Ltd (250) SBF Center at Robinson Road Far East Opus Pte Ltd 26350 230 - na South Beach Residences/ South Beach Consortium Pte 59290 9470 44930 2015 South Beach Tower/The South Beach Ltd (654) at Beach Road Tampines Town Hub at Tampines People's Association 5070 13930 - na Avenue 4/Tampines Avenue 5/ Tampines Street 82 The Biltmore at Cuscaden Granmil Holdings Pte Ltd - 1200 20410 na Road/Orchard Boulevard (216) V On Shenton at Shenton Way UIC Investments (Properties) 30200 730 - na Pte Ltd Vision Exchange at Venture Drive Sim Lian JV (Vision) Pte Ltd 58110 6460 - 2017 Waterway Point at Punggol Central Emerald Star Pte Ltd/FC - 34120 - na Retail Trustee Pte Ltd 1 The above listing contains details of commercial projects in the pipeline with Written Permission and gross floor area of 10,000 sqm and above. 2 This refers to the space used for shop, food & beverage (F&B), entertainment and health & fitness purposes. 3 The expected year of final TOP is shown as “na” for some projects as the developer has not consented to the release of the information. 2 .
Recommended publications
  • Singapore View
    MCI (P) 005/10/2014 SINGAPORE VIEW A collection of the finest properties & developments July Ð Oct 2015 Cover Image: Trilive, Tampines Road, page 9. SINGAPORE VIEW 2015 Editor Michael Lim Research Content Alice Tan Marketing & PR Ginli Tang WELCOME CONTENTS Market Research Synopsis for Residential, Retail, Office 04 & Industrial RESIDENTIAL Danny Yeo (Projects) 07 Group Managing Director Knight Frank Pte Ltd RESIDENTIAL knightfrank.com.sg 21 (International Projects) The cold draft streaming from the cooling measures continues to sweep across the local property market scene. The GovernmentÕs recent decision to reduce land supply in the second half of 2015 can RESIDENTIAL be seen as a move to mitigate any possible oversupply situation as (Leasing) well as a signal that the cooling measures are likely to stay, for now. 35 Having said that, there are some areas where things have begun to warm up but it is still far from the type of sustainable warm market that we would like to see. So far, a number of new launches continue InvestmenT AND to draw interest from buyers. We note projects or developments that CAPITAL markets are priced attractively, with interesting theme, good attributes like 37 near amenities, transport nodes or mature townships continue to attract buyers whether for their own stay or for investment. Investors should factor in the possibilities that rental rates will continue to soften due to a huge number of projects nearing completion or Commercial sales TOP. As evident with some of the recently TOP developments, many 41 of the buyers are investors, hence they will be looking and competing to rent their units out.
    [Show full text]
  • Where Everything Meets in the Middle
    WHERE EVERYTHING MEETS IN THE MIDDLE Development Information Located in Middle Road, this is a 99-year leasehold mixed-use development with 522 residential apartments and one level of retail component. The site has a land area of 7,462.7 sq m and a permissible gross floor area of 31,344 sq m. The M consists of three 20-storey towers and one 6-storey tower. CONFIDENTIAL STRICTLY FOR INTERNAL USE ONLY & NOT FOR CIRCULATION SUBJECT TO CHANGE 10 Jan 2020 The development is in Bugis, right in the heart of the Arts and Cultural District and next to the Civic District. It has excellent connectivity with well-established transportation network and will eventually transform into one of the car-lite district of the nation, in accordance to the plans of the authority. It is walking distance to 3 MRT stations (4 min walk to Bugis MRT station, 6 min walk to City Hall MRT station and 8 min walk to Esplanade MRT station). The Central Business District and The Marina Bay Financial District is 2 and 3 MRT stations away respectively. The Orchard Road shopping belt is also just minutes’ away. The residents of the M will also benefit from the wide range of amenities and F&B options round the clock at Bugis and City Hall. Information at a Glance Project Name: The M Address: 30, 32, 34, 36, 38 Middle Road Postal Code: 188940, 188941, 188943, 188945, 188947 District: 7 Developer: Wingcharm Investment Pte Ltd, a subsidiary of Wing Tai Asia Tenure: 99-year leasehold Land Area: Approx.
    [Show full text]
  • Participating Merchants
    PARTICIPATING MERCHANTS PARTICIPATING POSTAL ADDRESS MERCHANTS CODE 460 ALEXANDRA ROAD, #01-17 AND #01-20 119963 53 ANG MO KIO AVENUE 3, #01-40 AMK HUB 569933 241/243 VICTORIA STREET, BUGIS VILLAGE 188030 BUKIT PANJANG PLAZA, #01-28 1 JELEBU ROAD 677743 175 BENCOOLEN STREET, #01-01 BURLINGTON SQUARE 189649 THE CENTRAL 6 EU TONG SEN STREET, #01-23 TO 26 059817 2 CHANGI BUSINESS PARK AVENUE 1, #01-05 486015 1 SENG KANG SQUARE, #B1-14/14A COMPASS ONE 545078 FAIRPRICE HUB 1 JOO KOON CIRCLE, #01-51 629117 FUCHUN COMMUNITY CLUB, #01-01 NO 1 WOODLANDS STREET 31 738581 11 BEDOK NORTH STREET 1, #01-33 469662 4 HILLVIEW RISE, #01-06 #01-07 HILLV2 667979 INCOME AT RAFFLES 16 COLLYER QUAY, #01-01/02 049318 2 JURONG EAST STREET 21, #01-51 609601 50 JURONG GATEWAY ROAD JEM, #B1-02 608549 78 AIRPORT BOULEVARD, #B2-235-236 JEWEL CHANGI AIRPORT 819666 63 JURONG WEST CENTRAL 3, #B1-54/55 JURONG POINT SHOPPING CENTRE 648331 KALLANG LEISURE PARK 5 STADIUM WALK, #01-43 397693 216 ANG MO KIO AVE 4, #01-01 569897 1 LOWER KENT RIDGE ROAD, #03-11 ONE KENT RIDGE 119082 BLK 809 FRENCH ROAD, #01-31 KITCHENER COMPLEX 200809 Burger King BLK 258 PASIR RIS STREET 21, #01-23 510258 8A MARINA BOULEVARD, #B2-03 MARINA BAY LINK MALL 018984 BLK 4 WOODLANDS STREET 12, #02-01 738623 23 SERANGOON CENTRAL NEX, #B1-30/31 556083 80 MARINE PARADE ROAD, #01-11 PARKWAY PARADE 449269 120 PASIR RIS CENTRAL, #01-11 PASIR RIS SPORTS CENTRE 519640 60 PAYA LEBAR ROAD, #01-40/41/42/43 409051 PLAZA SINGAPURA 68 ORCHARD ROAD, #B1-11 238839 33 SENGKANG WEST AVENUE, #01-09/10/11/12/13/14 THE
    [Show full text]
  • CDL FY 2016 Results Presentation
    FULL YEAR 2016 RESULTS PRESENTATION 23 February 2017 (1 Jan – 31 Dec 2016) AGENDA • EXECUTIVE SUMMARY • FINANCIAL HIGHLIGHTS • SINGAPORE OVERVIEW • INTERNATIONAL OVERVIEW • HOTEL OPERATIONS EXECUTIVE SUMMARY Key Highlights . Creditable PATMI achieved despite headwinds and challenges: – $244 million for Q4 2016 (Q4 2015: $410 million) – $653 million for FY 2016 (FY 2015: $773 million) – Supported by divestures in City e-Solutions Limited in Q3 2016 and Exchange Tower in Q4 2016; exiting of equity interest in Nouvel 18 – Maiden profit contribution of Phase 1 of Suzhou Hong Leong City Center in Q4 2016 . Record revenue achieved for FY 2016: - 18.2% increase to $3.9 billion - 36.5% increase in revenue for Q4 2016: $1.2 billion . Stellar performance of property development business segment: – 73% of Q4 and 57% of FY 2016 pre-tax profits respectively – 1,017 units with sales value of approx. $1.2 billion for FY 2016 in Singapore . South Beach integrated project fully completed; JW Marriott Hotel Singapore South Beach soft opened in Dec 2016 . Robust financial position maintained: ^ - $3.9 billion, with net gearing ratio of 16% as at 31 Dec 2016 . Special final dividend of 4.0 cents per share, in addition to the ordinary dividend of 8.0 cents per share. Total dividends for 2016: 16.0 cents* (2015: 16.0 cents) ^ Without factoring in fair value gains on investment properties * Includes special interim dividend of 4.0 cents paid in Sep 2016 4 Resilient Performance amidst Macroeconomic Challenges Summary of Financial Results Q4 Q4 % FY FY % 2016 2015 Change 2016 2015 Change Revenue ($m) 1,167 855 36.5 3,905 3,304 18.2 PATMI ($m) 244 410 (40.6) 653 773 (15.5) Basic Earnings Per Share 26.1 44.4 (41.2) 70.4 83.6 (15.8) (cents) NAV Per Share ($) 10.22 9.89 3.3 Return on Equity (%) 7.03 8.59 (1.6) pts No fair values adopted on investment properties.
    [Show full text]
  • Stay Fit & Feel Good Memorable Events at The
    INTEGRATED DINING DESTINATION SINGAPORE ISLAND MAP STAY FIT & FEEL GOOD Food warms the soul and we promise that it is always a lavish gastronomic experience Relax after a day of conference meeting or sightseeing. Stay in shape at our 24-hour gymnasium, at the Grand Copthorne Waterfront Hotel. have a leisurely swim in the pool, challenge your travel buddies to a game of tennis or soothe your muscles in the outdoor jacuzzi. MALAYSIA SEMBAWANG SHIPYARD NORTHERN NS11 Pulau MALAYSIA SEMBAWANG SEMBAWANG Seletar WOODLANDS WOODLANDS SUNGEI BULOH WETLAND CHECKPOINT TRAIN CHECKPOINT RESERVE NS10 ADMIRALTY NS8 NS9 MARSILING WOODLANDS YISHUN SINGAPORE NS13 TURF CLUB WOODLANDS YISHUN Pulau SARIMBUN SELETAR RESERVOIR EXPRESSWAY Punggol KRANJI NS7 Barat KRANJI Pulau BUKIT TIMAH JALAN Punggol NS14 KHATIB KAYU Timor KRANJI Pulau Pulau LIM CHU KANG RESERVOIR SELETAR PUNGGOL Serangoon Tekong KRANJI SINGAPORE RESERVOIR PUNGGOL (Coney Island) WAR ZOO AIRPORT Pulau Ubin MEMORIAL NEE LOWER SELETAR NE17 SOON RESERVOIR PUNGGOL Punggol EXPRESSWAY UPPER NIGHT TAMPINES EXPRESSWAY (TPE) LRT (PG) NS5 SAFARI SELETAR YEW TEE RESERVOIR MEMORABLE EVENTS AT THE WATERFRONT (SLE) SERANGOON NE16 RESERVOIR Bukit Panjang SENGKANG RIVER Sengkang LRT (BP) SAFARI With 33 versatile meeting rooms covering an impressive 850 square metres, SENGKANG LRT (SK) CAFHI JETTY NS4 CHOA CHU YIO CHU CHOA CHU KANG KANG CHANGI the Waterfront Conference Centre truly offers an unparalleled choice of meeting KANG NE15 PASIR NS15 BUANGKOK VILLAGE EASTERN DT1 BUKIT YIO CHU KANG TAMPINES EXPRESSWAY (TPE) BUKIT PANJANG (BKE) RIS Boasting a multi-sensory dining experience, interactive Grissini is a contemporary Italian grill restaurant spaces with natural daylight within one of the best designed conference venues PANJANG HOUGANG (KPE) EW1 CHANGI PASIR RIS VILLAGE buffet restaurant, Food Capital showcases the best specialising in premium meats and seafood prepared in DT2 LOWER NS16 NE14 in the region.
    [Show full text]
  • List-Of-Bin-Locations-1-1.Pdf
    List of publicly accessible locations where E-Bins are deployed* *This is a working list, more locations will be added every week* Name Location Type of Bin Placed Ace The Place CC • 120 Woodlands Ave 1 3-in-1 Bin (ICT, Bulb, Battery) Apple • 2 Bayfront Avenue, B2-06, MBS • 270 Orchard Rd Battery and Bulb Bin • 78 Airport Blvd, Jewel Airport Ang Mo Kio CC • Ang Mo Kio Avenue 1 3-in-1 Bin (ICT, Bulb, Battery) Best Denki • 1 Harbourfront Walk, Vivocity, #2-07 • 3155 Commonwealth Avenue West, The Clementi Mall, #04- 46/47/48/49 • 68 Orchard Road, Plaza Singapura, #3-39 • 2 Jurong East Street 21, IMM, #3-33 • 63 Jurong West Central 3, Jurong Point, #B1-92 • 109 North Bridge Road, Funan, #3-16 3-in-1 Bin • 1 Kim Seng Promenade, Great World City, #07-01 (ICT, Bulb, Battery) • 391A Orchard Road, Ngee Ann City Tower A • 9 Bishan Place, Junction 8 Shopping Centre, #03-02 • 17 Petir Road, Hillion Mall, #B1-65 • 83 Punggol Central, Waterway Point • 311 New Upper Changi Road, Bedok Mall • 80 Marine Parade Road #03 - 29 / 30 Parkway Parade Complex Bugis Junction • 230 Victoria Street 3-in-1 Bin Towers (ICT, Bulb, Battery) Bukit Merah CC • 4000 Jalan Bukit Merah 3-in-1 Bin (ICT, Bulb, Battery) Bukit Panjang CC • 8 Pending Rd 3-in-1 Bin (ICT, Bulb, Battery) Bukit Timah Plaza • 1 Jalan Anak Bukit 3-in-1 Bin (ICT, Bulb, Battery) Cash Converters • 135 Jurong Gateway Road • 510 Tampines Central 1 3-in-1 Bin • Lor 4 Toa Payoh, Blk 192, #01-674 (ICT, Bulb, Battery) • Ang Mo Kio Ave 8, Blk 710A, #01-2625 Causeway Point • 1 Woodlands Square 3-in-1 Bin (ICT,
    [Show full text]
  • Participating Merchants Address Postal Code Club21 3.1 Phillip Lim 581 Orchard Road, Hilton Hotel 238883 A|X Armani Exchange
    Participating Merchants Address Postal Code Club21 3.1 Phillip Lim 581 Orchard Road, Hilton Hotel 238883 A|X Armani Exchange 2 Orchard Turn, B1-03 ION Orchard 238801 391 Orchard Road, #B1-03/04 Ngee Ann City 238872 290 Orchard Rd, 02-13/14-16 Paragon #02-17/19 238859 2 Bayfront Avenue, B2-15/16/16A The Shoppes at Marina Bay Sands 018972 Armani Junior 2 Bayfront Avenue, B1-62 018972 Bao Bao Issey Miyake 2 Orchard Turn, ION Orchard #03-24 238801 Bonpoint 583 Orchard Road, #02-11/12/13 Forum The Shopping Mall 238884 2 Bayfront Avenue, B1-61 018972 CK Calvin Klein 2 Orchard Turn, 03-09 ION Orchard 238801 290 Orchard Road, 02-33/34 Paragon 238859 2 Bayfront Avenue, 01-17A 018972 Club21 581 Orchard Road, Hilton Hotel 238883 Club21 Men 581 Orchard Road, Hilton Hotel 238883 Club21 X Play Comme 2 Bayfront Avenue, #B1-68 The Shoppes At Marina Bay Sands 018972 Des Garscons 2 Orchard Turn, #03-10 ION Orchard 238801 Comme Des Garcons 6B Orange Grove Road, Level 1 Como House 258332 Pocket Commes des Garcons 581 Orchard Road, Hilton Hotel 238883 DKNY 290 Orchard Rd, 02-43 Paragon 238859 2 Orchard Turn, B1-03 ION Orchard 238801 Dries Van Noten 581 Orchard Road, Hilton Hotel 238883 Emporio Armani 290 Orchard Road, 01-23/24 Paragon 238859 2 Bayfront Avenue, 01-16 The Shoppes at Marina Bay Sands 018972 Giorgio Armani 2 Bayfront Avenue, B1-76/77 The Shoppes at Marina Bay Sands 018972 581 Orchard Road, Hilton Hotel 238883 Issey Miyake 581 Orchard Road, Hilton Hotel 238883 Marni 581 Orchard Road, Hilton Hotel 238883 Mulberry 2 Bayfront Avenue, 01-41/42 018972
    [Show full text]
  • List of Publicly Accessible Locations Where E-Bins Are Deployed*
    List of publicly accessible locations where E-Bins are deployed* *This is a working list, more locations will be added every week* Name Location Type of Bin Placed Ang Mo Kio CC • Ang Mo Kio Avenue 1 3-in-1 Bin (ICT, Bulb, Battery) Best Denki • 1 Harbourfront Walk, Vivocity, #2-07 • 3155 Commonwealth Avenue West, The Clementi Mall, #04-46/47/48/49 • 68 Orchard Road, Plaza Singapura, #3-39 • 2 Jurong East Street 21, IMM, #3-33 • 63 Jurong West Central 3, Jurong Point, #B1-92 • 109 North Bridge Road, Funan, #3-16 3-in-1 Bin • 1 Kim Seng Promenade, Great World City, #07-01 (ICT, Bulb, Battery) • 391A Orchard Road, Ngee Ann City Tower A • 9 Bishan Place, Junction 8 Shopping Centre, #03-02 • 17 Petir Road, Hillion Mall, #B1-65 • 83 Punggol Central, Waterway Point • 311 New Upper Changi Road, Bedok Mall • 80 Marine Parade Road #03 - 29 / 30 Parkway Parade Complex Bugis Junction • 230 Victoria Street 3-in-1 Bin Towers (ICT, Bulb, Battery) Bukit Merah CC • 4000 Jalan Bukit Merah 3-in-1 Bin (ICT, Bulb, Battery) Bukit Panjang • 8 Pending Rd 3-in-1 Bin CC (ICT, Bulb, Battery) Cash • 135 Jurong Gateway Road Converters • 510 Tampines Central 1 3-in-1 Bin • Lor 4 Toa Payoh, Blk 192, #01-674 (ICT, Bulb, Battery) • Ang Mo Kio Ave 8, Blk 710A, #01-2625 Causeway Point • 1 Woodlands Square 3-in-1 Bin (ICT, Bulb, Battery) Central Plaza • 298 Tiong Bahru Rd 3-in-1 Bin (ICT, Bulb, Battery) Challenger • 302 Tiong Bahru Road, Tiong Bahru Plaza, #03-19 • 1 Jurong West Central 2, Jurong Point, #B1-94 • 200 Victoria Street, Bugis Junction, #03-10E • 5 Changi Business
    [Show full text]
  • Beach Road's Changing Skyline
    PROPERTY PERSONALISED MCI (P) 047/08/2018 PPS 1519/09/2012 (022805) Visit EdgeProp.sg to find properties, research market trends and read the latest news The week of May 6, 2019 | ISSUE 880-102 Highlight Market Trends Under the Hammer Oxley sells Chevron House Private residential prices Unit at Skies Miltonia for $1.03 bil fall by 0.7% in 1Q2019 going for $1.14 mil EP2 EP4 EP11 Beach Road’s changing skyline From Guoco Midtown and Shaw Towers to the new residential developments at Tan Quee Lan Street and Middle Road, the Beach Road-Rochor Road area is set for a massive renewal. Turn to our Cover Story on Pages 6 & 7. The new Shaw Towers and Guoco Midtown will be linked to each other CapitaLand’sand to their neighbouring M&A will give developments it access to Ascendas-Singbridge’s as well as MRT stations Changi Business Park SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE CHUA/EDGEPROP ISAAC SAMUEL EP2 • EDGEPROP | MAY 6, 2019 PROPERTY BRIEFS SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE Oxley sells Chevron House for cluding tenant representation, corporate $1.03 bil solutions and capital markets and in- EDITORIAL EDITOR | Oxley Holdings has signed a deal to sell vestment, across key gateway cities in Cecilia Chow Chevron House for $1.03 billion, after the Asia-Pacific. DEPUTY EDITOR | acquiring the prime office space for $660 “This strategic appointment under- Amy Tan million in December 2017. scores our intent to continue to grow SENIOR WRITER | Timothy Tay Located at 30 Raffles Place, Chevron our share of business and influence in WRITERS | Bong Xin Ying, House is a 32-storey commercial devel- the market, both in Singapore and inter- Charlene Chin opment with 27 levels of office space nationally,” says Tang Wei Leng, man- HEAD, COPY EDITING | Pek Tiong Gee and a five-storey retail podium with a aging director at Colliers International.
    [Show full text]
  • Gramercy Park – Positive Response to Phase 1
    FULL YEAR 2016 RESULTS PRESENTATION 23 February 2017 (1 Jan – 31 Dec 2016) AGENDA • EXECUTIVE SUMMARY • FINANCIAL HIGHLIGHTS • SINGAPORE OVERVIEW • INTERNATIONAL OVERVIEW • HOTEL OPERATIONS EXECUTIVE SUMMARY Key Highlights . Creditable PATMI achieved despite headwinds and challenges: – $244 million for Q4 2016 (Q4 2015: $410 million) – $653 million for FY 2016 (FY 2015: $773 million) – Supported by divestures in City e-Solutions Limited in Q3 2016 and Exchange Tower in Q4 2016; exiting of equity interest in Nouvel 18 – Maiden profit contribution of Phase 1 of Suzhou Hong Leong City Center in Q4 2016 . Record revenue achieved for FY 2016: - 18.2% increase to $3.9 billion - 36.5% increase in revenue for Q4 2016: $1.2 billion . Stellar performance of property development business segment: – 73% of Q4 and 57% of FY 2016 pre-tax profits respectively – 1,017 units with sales value of approx. $1.2 billion for FY 2016 in Singapore . South Beach integrated project fully completed; JW Marriott Hotel Singapore South Beach soft opened in Dec 2016 . Robust financial position maintained: ^ - $3.9 billion, with net gearing ratio of 16% as at 31 Dec 2016 . Special final dividend of 4.0 cents per share, in addition to the ordinary dividend of 8.0 cents per share. Total dividends for 2016: 16.0 cents* (2015: 16.0 cents) ^ Without factoring in fair value gains on investment properties * Includes special interim dividend of 4.0 cents paid in Sep 2016 4 Resilient Performance amidst Macroeconomic Challenges Summary of Financial Results Q4 Q4 % FY FY % 2016 2015 Change 2016 2015 Change Revenue ($m) 1,167 855 36.5 3,905 3,304 18.2 PATMI ($m) 244 410 (40.6) 653 773 (15.5) Basic Earnings Per Share 26.1 44.4 (41.2) 70.4 83.6 (15.8) (cents) NAV Per Share ($) 10.22 9.89 3.3 Return on Equity (%) 7.03 8.59 (1.6) pts No fair values adopted on investment properties.
    [Show full text]
  • (ART) Providers
    Ministry of Health List of Approved Providers for Antigen Rapid Testing for COVID-19 at Offsite Premises List updated as at 15 May 2021. Contact Service Provider Site of Event Testing Address of Site Date of Event No. OCBC Square 1 Stadium Place #01-K1/K2, Wave Mall, - Singapore 397628 57 Medical Clinic (Geylang Visitor Centre of Singapore Sports Hub 8 Stadium Walk, Singapore 397699 - 66947078 Bahru) Suntec Singapore Convention and Exhibition 1 Raffles Boulevard Singapore 039593 - Centre 9 Dec 2020 13 and 14 Jan 2021 24 and 25 Jan 2021 Sands Expo and Convention Centre 10 Bayfront Avenue, Singapore 018956 4 Feb 2021 24 and 25 Mar 2021 19 Apr 2021 PUB Office 40 Scotts Road, #22-01 Environment - Ally Health Building, Singapore 228231 (in partnership with Jaga- 67173737 The Istana 35 Orchard Road, Singapore 238823 3 and 4 Feb 2021 Me) 11 Feb 2021 One Marina Boulevard 1 Marina Boulevard, Singapore 018989 11 Feb 2021 Rasa Sentosa Singapore 101 Siloso Road, Singapore 098970 CSC@Tessensohn 60 Tessensohn Road, Singapore 217664 10 Apr 2021 Shangri-La Hotel Singapore 22 Orange Grove Road, Singapore 258350 22 Apr 2021 D'Marquee@Downtown East 1 Pasir Ris Close, Singapore 519599 - Intercontinental Hotel 80 Middle Road, Singapore 188966 - Bethesda Medical Centre MWOC @ Ponggol Northshore 501A Ponggol Way, Singapore 828646 - MWOC @ CCK 10A Lorong Bistari, Singapore 688186 - 63378933 MWOC @ Eunos 10A Eunos Road 1, Singapore 408523 - MWOC @ Tengah A 1A Tengah Road, Singapore 698813 - MWOC @ Tengah B 3A Tengah Road, Singapore 698814 - Page 1 of 69 Hotel
    [Show full text]
  • Briefing Retail Sector
    Savills World Research Singapore Briefi ng Retail sector May 2015 Image: Capitol Piazza, Stamford Road SUMMARY Retailers are on overdrive to come up with new strategies to cope with a host of challenges. International tourist arrivals in City Hall area, bringing in many new- January and February fell 5.5% year- to-market brands. “Affected by externalities and on-year (YoY). Despite this, retail sales (excluding motor vehicles) increased In the Orchard area and CBD, policies which are beyond their 14.8% YoY in February. This is largely malls expected to complete this year due to the seasonally-heightened are 268 Orchard Road, National Gallery control, established retailers domestic spending pre-Chinese New Singapore and South Beach Tower. Year, which fell in February this year. In the suburbs, Waterway Point at who are fl ummoxed over how to Punggol will be completed in Q4/2015. Notwithstanding the positive retail curb the slide in retail sales in the sales performance in Q1/2015, prime Due to scant new supply coming retail rents in Orchard Road dipped up, vacancy in the Orchard Road Orchard Road shopping district 2.0% quarter-on-quarter (QoQ) to district is likely to remain low. S$32.2 per sq ft per month, while Rents may stay fl at due to pressures are doing the next best thing, suburban malls held fi rm at S$31.1 per from rising labour costs and tepid tourist sq ft per month. spending. Orchard rents are likely to which is to go into suburban The end of this quarter saw the hover at Q1/2015 levels, but with a slight malls.” Alan Cheong, Savills Research soft opening of Capitol Piazza in the downward bias, whilst suburban mall rents are likely to hold fi rm.
    [Show full text]