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| Asia Square |
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| Location |
Singapore |
| Investment type |
Development |
| Site description |
The proposed development sits on a 99 years leasehold land ideally located in Marina Bay, a seamless extension of the existing Central Business District in Raffles Place. |
| Contact |
Jeremy Choy
Singapore |
| Website |
www.thehumanbuilding.com |
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Asia Square Tower 1 |
Asia Square Tower 2 |
| Date acquired |
Acquired by MGPA Asia Fund III in September 2007 |
Acquired by MGPA Asia Fund III in November 2007 |
| Description |
The site measures 110,400 sq ft and has a maximum permissible GFA of 1,432,890 sq ft. |
The site measures 96,213 sq ft and has a maximum permissible GFA of 1,222,575 sq ft. |
| Investment strategy |
To develop a Grade A+ mixed use development providing approximately 1.26 million sq ft of office space and 34,000 sq ft of retail space in Singapore, one of the key financial centres in the region with positive rental and capital value growth outlook. Ability to amalgamate with Asia Square Tower 2 to build a world class mixed use development. |
To develop a Grade A+ mixed use development providing approximately 0.78 million sq ft of office space, 27,000 sq ft of retail space and a 280 room, five star hotel in Singapore, one of the key financial centres in the region with strong rental and capital value growth outlook. Ability to amalgamate with Asia Square Tower 1 to build a world class mixed use development. |
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