\nTenant list includes Agoda and Virgin Active<\/p>\n
Tanjong Pagar Centre, Singapore\u2019s tallest building at 290 metres high, is close to full completion, said property developer GuocoLand on Monday.
Tenant list includes Agoda and Virgin Active Tanjong Pagar Centre, Singapore\u2019s tallest building at 290...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-29649","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-7Id","jetpack-related-posts":[{"id":29437,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-tallest-building-nears-completion\/","url_meta":{"origin":29649,"position":0},"title":"Singapore's tallest building nears completion","date":"October 11, 2016","format":false,"excerpt":"\r Strong take-up of offices at Guoco Tower, but many residential units remain unsold, including a $30 million super penthouse. (Photo: GuocoLand) Tanjong Pagar Centre, Singapore\u2019s tallest building at 290 metres high, is close to full completion, said property developer GuocoLand. The 890,000 sq ft office component Guoco Tower and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-unveils-expansion-plan-for-guoco-midtown-master-project-to-include-a-second-residential-project\/","url_meta":{"origin":29649,"position":1},"title":"GuocoLand unveils expansion plan for Guoco Midtown Master Project, to include a second residential project","date":"August 21, 2020","format":false,"excerpt":"\r Known as Midtown Modern, the condominium will come with 500 apartment units. Photo: Midtown Bay GuocoLand has unveiled plans for Guoco Midtown II, an expansion of Guoco Midtown. The\u00a0mega mixed-use development along Beach Road will also come with the inclusion of a second residential project known as Midtown Modern\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123959,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-unveils-two-new-senior-appointments\/","url_meta":{"origin":29649,"position":2},"title":"Guocoland unveils two new senior appointments","date":"December 24, 2021","format":false,"excerpt":"\r Andrew Chew will serve as Group Chief Financial Officer for GuocoLand and Valerie Wong as Group General Manager, Asset Management. GuocoLand has announced two new senior appointments, naming Andrew Chew as its new Group Chief Financial Officer and Valerie Wong as Group General Manager, Asset Management. Chew will succeed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/GUOCOLAND.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":101706,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guoco-midtown-project-in-beach-road-to-feature-200-homes\/","url_meta":{"origin":29649,"position":3},"title":"Guoco Midtown project in Beach Road to feature 200 homes","date":"November 27, 2018","format":false,"excerpt":"\r View of the Guoco Midtown site along Beach Road in the CBD. (Photo: URA) Singapore developer GuocoLand recently said it has started construction work on its mixed-use development along Beach Road. Dubbed Guoco Midtown, the integrated project will have a total gross floor area (GFA) of around 950,500 sq\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-brings-largest-garden-collection-in-cbd\/","url_meta":{"origin":29649,"position":4},"title":"Guocoland brings largest garden collection in CBD","date":"February 16, 2021","format":false,"excerpt":"\r Guocoland brings largest garden collection in CBDGuoco Midtown Gardens will consist of 30 thematic gardens and landscaped spaces spanning\u00a03.8 hectare.\u00a0Ten of the gardens will be made publicly accessible. Image:\u00a0Guocoland\u00a0 GuocoLand is set to weave 30 thematic gardens and landscaped spaces at its second flagship integrated mixed-use development, Guoco Midtown.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/Guoco-Midtown.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":103567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-starts-construction-of-guoco-midtown-despite-84-earnings-plunge\/","url_meta":{"origin":29649,"position":5},"title":"GuocoLand starts construction of Guoco Midtown despite 84% earnings plunge","date":"February 1, 2019","format":false,"excerpt":"\r The Group recently broke ground for the integrated mixed-use development Guoco Midtown in Singapore. GuocoLand\u2019s earnings plunged by 84 percent to $10.85 million in the second quarter ended 31 December compared to about $66.01 million during the same period a year ago, according to an SGX filing on Thursday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/29649"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=29649"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/29649\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=29649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=29649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=29649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nThe 890,000-square-foot office component Guoco Tower and its basement retail space have already received the Temporary Occupation Permit (TOP).
\nDespite a highly competitive leasing market, Guoco Tower has secured 80 percent commitment from commercial tenants, up from just 10 percent at the start of the year, said GuocoLand.
\nThe tenant list includes online travel agency Agoda, investment company Straits Trading, and a 31,000 sq ft gym operated by Virgin Active.
\n\u201cThe demand for Guoco Tower has come from a wide range of industries, some of whom come from other buildings in the existing CBD, as well as from the city fringes,\u201d said Cheng Hsing Yao, Managing Director, GuocoLand Singapore.
\n\u201cMany of the MNCs are in fact expanding and setting up their regional headquarters at their new offices at Guoco Tower because they see growth potential in the region. They are moving more of their senior management staff to Singapore,\u201d he added.
\nMore: Singapore home market unaffected by Indonesian tax amnesty
\nThe integrated development includes 181 luxury apartments in Wallich Residence, a 222-room Sofitel hotel and a 150,000 sq ft Urban Park, which will commence operations in phases from November. The project is also directly linked to Tanjong Pagar MRT station.
\nResponding to media queries, a spokesperson from GuocoLand said no launch date has been set for the residential units. \u201cUnits at Wallich Residence were made available for sale a couple of years back, but we have since not been actively marketing the project.\u201d
\nAccording to Urban Redevelopment Authority (URA) data, 54 units at the condominium were released for sale, but only 16 units have found buyers at an average price of $3,200 psf.
\nThe most expensive unit at the 99-year leasehold project is a three-storey super penthouse measuring 21,108 sq ft. The unit located at the very top of the 64-storey building remains unsold.
\n\u201cThe super penthouse at Wallich Residence is a one of a kind property and amongst the world\u2019s most outstanding penthouses,\u201d said GuocoLand\u2019s spokesperson who declined to share further details about the unit at this stage.
\nTanjong Pagar Centre is expected to be fully completed in early 2017.
\nThis article originally appeared on PropertyGuru.com.sg on 11 October 2016
\nRead next: The majestic MahaNakhon lights show was a hit
\n
\nSource : property-report.com
\nRead more…Singapore\u2019s tallest building nears completion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"