When The Sail @ Marina Bay was completed in 2008, it caught people’s attention for several reasons. It was one of the first residential developments in the Marina Bay or New Downtown area. Residents enjoy a magnificent view of the bay and the city. Starchitects Peter Pran and Timothy Johnson with leading design firm NBBJ designed the sail-shaped twin towers. And it was, and still is, one of Singapore’s tallest residential development in the city. What many people may not remember is that it was one of the earlier mixed-use developments where the developer allocated some 29,000 sq ft of the total gross floor area for retail use on the ground floor, created an underground mall that also links to the Marina Bay Financial Centre, and onwards to Raffles Place Mass Rapid Transit (MRT) Station.
Mixed-use developments combining residences with other real estate uses have been part of the Singapore property scene for some time. Within the Central Business District (CBD), Concourse Skyline (office/residential/retail), V on Shenton (residential/office), Duo (residential/ office/retail/hotel) and recently Marina One (residential/office/retail) were the new additions to the city fabric dominated by office towers and lately, residential towers. Notably, Duo and Marina One probably signalled the coming of age of massive mixed-use developments with transportation linkages becoming important nodes of Singapore’s city extension and where activities gravitate (both developed by M+S Pte Ltd, a 60:40 joint venture by Malaysia’s strategic investment fund, Khazanah Nasional Berhad and Singapore’s Temasek Holdings (Private) Limited).
But mixed-use developments are not unique to Singapore’s city centre. In city fringe locations and the suburbs, there are also several of such developments with both residential with retail components, from Watertown in Punggol to Northpoint City in Yishun.
Diese Geschichte stammt aus der Issue 26-Ausgabe von PALACE Magazine.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der Issue 26-Ausgabe von PALACE Magazine.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
London Positions Itself As A Global Leader In The Property Market
London positions itself as a global leader in the property market by delivering world-class, placemaking developments to entice investors.
Steely Resilience
Singapore’s real estate business boomed even during the pandemic and here’s why
Phi Phi's Five-Star Resort, Zeavola
Phi Phi’s only five-star resort, Zeavola is a luxurious yet rustic retreat offering hillside pool villas and beachfront, garden and village suites, while fulfilling its management’s vision to create “the best possible hotel product embedded in sustainability”.
Soldiering On
How the pandemic changed the real estate business in the Big Apple.
Ocean Drive
Sentosa Cove, Singapore
Midtown Modern
Guocoland, Singapore
The Oceanfront
Sentosa Cove, Singapore
V On Shenton
Shenton Way, Singapore
1471 Forest Knoll Drive
With panoramic views of the Los Angeles skyline, living at 1471 Forest Knoll Drive makes every day seem like living at a private resort.
Masterful Hands
While some of the world’s leading architect design prominent buildings, under their deft hands they also design characterful products for the home.
