{"id":30309,"date":"2016-10-17T14:24:33","date_gmt":"2016-10-17T07:24:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-unveils-plans-for-3-2-billion-paya-lebar-quarter\/"},"modified":"2016-10-17T14:33:43","modified_gmt":"2016-10-17T07:33:43","slug":"lendlease-unveils-plans-for-3-2-billion-paya-lebar-quarter","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-unveils-plans-for-3-2-billion-paya-lebar-quarter\/","title":{"rendered":"Lendlease unveils plans for $3.2 billion Paya Lebar Quarter"},"content":{"rendered":"


\nThe 3.9ha Paya Lebar Quarter site will comprise Grade-A offices, a shopping mall and residential apartments. Source: Lendlease
\nAustralian property developer Lendlease has unveiled plans for its $3.2 billion Paya Lebar Quarter urban regeneration project, which is expected to transform the area around Paya Lebar Central into a regional centre.
\nThe massive 3.9ha site located next to Paya Lebar MRT interchange comprises two adjacent plots of land. It was awarded to Lendlease in April last year after the company submitted the highest bid of $1.67 billion ($942.55 psf).
\nThe 99-year leasehold mixed-use development will feature a total of seven buildings, including
\nthree Grade-A office towers with a built-up area of close to one million sq ft, a 340,000 sq ft
\nshopping mall, and a 429-unit residential component called Park Place Residences.
\nExisting height restrictions due to its proximity to Paya Lebar Airbase means the buildings
\nwill only be 13 to 14 storeys tall, said Richard Paine, Managing Director of Paya Lebar Quarter.
\nHe noted that Park Place Residences, which will comprise one- to three-bedroom units, will be launched in the first half of 2017. No further details were revealed about the units.
\nPaya Lebar Quarter is expected to be fully completed by the first half of 2019.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Lendlease unveils plans for .2 billion Paya Lebar Quarter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 3.9ha Paya Lebar Quarter site will comprise Grade-A offices, a shopping mall and residential...<\/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-30309","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\/p75ss1-7SR","jetpack-related-posts":[{"id":82468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phase-2-of-park-place-residences-to-launch-at-higher-prices\/","url_meta":{"origin":30309,"position":0},"title":"Phase 2 of Park Place Residences to launch at higher prices","date":"March 12, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Paya Lebar Quarter. Source: Lendlease Lendlease is set to launch Phase 2 of the 429-unit Park Place Residences at mixed-use Paya Lebar Quarter on 7 April amid a property market upturn.\u00a0 At a media briefing on Monday (12 Mar), the Australian-based developer revealed that the final\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-to-launch-park-place-residences-in-end-march\/","url_meta":{"origin":30309,"position":1},"title":"Lendlease to launch Park Place Residences in end March","date":"March 6, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Park Place Residences at Paya Lebar Quarter. Source: Lendlease Lendlease is set to launch Park Place Residences at Paya Lebar Quarter (PLQ) on 31 March, marking its maiden foray into residential development in Singapore. \u201cWe are excited to be entering Singapore\u2019s residential property market with Park\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/paya-lebar-quarter-by-landlease-officially-launched\/","url_meta":{"origin":30309,"position":2},"title":"Paya Lebar Quarter by Landlease officially launched","date":"October 25, 2019","format":false,"excerpt":"\r Minister for National Development and Second Minister for Finance, Lawrence Wong said that the mixed development is a \u201ctremendous opportunity to reimagine and remake Paya Lebar for the future, even for the next century\u201d. Image source: Park Place Residences The mixed-use development Paya Lebar Quarter (PLQ) by Lendlease has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-tap-vr-tech-to-market-projects\/","url_meta":{"origin":30309,"position":3},"title":"Developers tap VR tech to market projects","date":"May 11, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Paya Lebar Quarter by Lendlease. Property developers are making use of virtual reality (VR) technology to assist them in marketing their new projects, reported Channel NewsAsia. For instance, Australian developer Lendlease is utilising a three-dimensional modelling platform to showcase the upcoming Paya Lebar Quarter to potential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/park-place-residences-bags-3-interior-design-awards\/","url_meta":{"origin":30309,"position":4},"title":"Park Place Residences bags 3 interior design awards","date":"January 25, 2018","format":false,"excerpt":"\r Park Place Residences at Paya Lebar Quarter (PLQ) has received three interior design awards for its stylish residential show suites, announced its developer Lendlease on Wednesday (24 January). In particular, the two-bedroom show suite obtained the prestigious International Interior Design Association (IIDA) Global Excellence Award 2017. It also clinched\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/plq-mall-now-open-for-preview\/","url_meta":{"origin":30309,"position":5},"title":"PLQ Mall now open for preview","date":"September 3, 2019","format":false,"excerpt":"\r PLQ Mall is part of the $3.6 billion integrated development Paya Lebar Quarter (PLQ), which also include three Grade A office towers and a residential component, Park Place Residences. Paya Lebar Quarter Mall (PLQ Mall) is now open for preview, with a grand opening set on 24 October. With\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\/30309"}],"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=30309"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30309\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=30309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=30309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=30309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}