Consortium chosen to design International Cruise Terminal

The government has chosen the consortium of Bermello, Ajamil & Partners and RSP Architects Planners & Engineers to design the new International Cruise Terminal at Marina South.
Maunsell Consultants (Singapore) has been appointed the engineering consultant for the project.
This was revealed in a joint news release by the Singapore Tourism Board (STB) and JTC Corporation (JTC) [...]

Major remaking of Collyer Quay

Waterfront area around Marina Bay to be transformed over next few years
TALL wooden hoardings now block off both ends of the once-bustling thoroughfare of Change Alley.
The moneychangers after whom it was named are long gone. All is eerily quiet at the glass-framed bridge linking Collyer Quay and Raffles Place.

However, the 32-year-old landmark will be reborn [...]

Yongnam, KTC secure S$81.4m contract for Marina Bay Sands IR

Structural steel contractor and engineering solutions provider Yongnam Holdings will form a 70-30 percent joint venture with KTC Civil Engineering and Construction to work on a Marina Bay Sands project.
They have secured an S$81.4 million contract for temporary decking, steel waling and excavation works at the South Podium of the Marina Bay Sands integrated resort.
The [...]

Singapore Flyer officially opens

PM Lee describes ride as ‘enjoyable and spectacular’
FIREWORKS and lasers lit up the Marina Bay skyline last night as the world’s largest observation wheel was officially opened.

Drumming up support: PM Lee (left) and Florian Bollen (right), chairman of Singapore Flyer, giving a resounding start to the attraction’s official opening
Gracing the festivities at the Singapore Flyer [...]

Realising the Marina Bay vision

CHING TUAN YEE and BENJAMIN NG reflect on the planning of Singapore’s most ambitious urban project and highlight the exciting developments in store for Singaporeans and visitors alike
THE vision for Marina Bay is that of a high-quality, 24/7 live-work-play environment, one that encapsulates the essence of the global city Singapore is envisaged to be.
Something for [...]

MGPA’s Marina View project to cost $5b

Devt to have over 2.6m sq ft in two towers of more than 40 storeys each.
MACQUARIE Global Property Advisors (MGPA) will spend about $2 billion building a commercial complex on two development sites at Marina View that it clinched last year.
With the sites having cost close to $3 billion, the total investment will be around [...]

Aussie firm inks $5b Marina Bay contract

AUSTRALIAN company Macquarie Global Property Advisers (MGPA) is investing $5 billion in an integrated commercial development in Marina Bay and looking for more investments in Singapore and the region.
MGPA’s chief executive for Asia developments, Mr Michael Wilkinson, said at the development’s signing ceremony yesterday that the company is optimistic about Singapore property .
Mr Simon Treacy, [...]

Macquarie still optimistic over real estate

Even as some market observers are saying that the Singapore property market is weakening, Macquarie Global Property Advisers (MGPA) is still optimistic and sees value in the office, retail and residential sectors.
“There are still some good bargains around, and in the next 6 to 9 months, there might be better pricing value,” said MGPA’s chief [...]

Macquarie Global Property unveils plans for Marina View land parcels

Macquarie Global Property Advisors (MGPA) says it expects office rentals in Singapore to remain hot, jumping by 10 to 25 percent this year.
The Australian private equity real estate fund management firm is converting two plots of land at Marina View into twin office blocks. The two towers, expected to be completed in 2012, will [...]

Office demand unaffected by global credit crunch

No threat of financial sector redundancies: URA
The credit crunch has so far failed to dent demand for office space in Singapore or derail its bid to become Asia’s leading financial centre, a senior member of the city-state’s Urban Redevelopment Authority (URA) told Reuters.
Speaking at the annual MIPIM trade fair in Cannes on Tuesday, Choy Chan [...]