>

Clarke Quay to reposition as day-and-night destination in $62 mil facelift

By Hailey Yu / EdgeProp Singapore | July 27, 2022 5:47 PM SGT

As part of the creative placemaking effort of CQ @ Clarke Quay, the refreshed property façade at Tan Tye Place will be adorned with vibrant murals that celebrate life in the area. (CapitaLand)

Join our Telegram channel and follow our Facebook for the latest update.

SINGAPORE (EDGEPROP) - Clarke Quay, well-known for its nightlife, will be repositioned as CQ @ Clarke Quay and undergo a $62 million year-long asset enhancement initiative to transform the landmark into a day-and-night destination.

“The repositioning of CQ @ Clarke Quay will broaden its appeal to families, and is in tandem with the urban renewal happening along the Singapore River precinct,” said Tony Tan, CEO of CapitaLand Integrated Commercial Trust (CICT) which owns Clarke Quay.

More leisure amenities and residential developments, such as the 696-unit Canninghill Piers, will be situated adjacent to CQ @ Clarke Quay, he adds.

Slated to be completed in 2023, the new CQ @ Clarke Quay will offer an enhanced selection of day-to-night dining options, lifestyle and F&B concepts. Outdoor refreshment areas will be updated, and will be altered to be pet-friendly. Infrastructure to cool the environment during the daytime will be improved, and the green building rating will be upgraded to BCA Green Mark Gold Plus.

Blocks A and D, located along the riverfront, will offer dining in an alfresco or heritage shophouse setting. The warehouse block, Block B, will have the godown’s typology and facade restored to house new retail lifestyle and F&B concepts. Blocks C and E - the Circuit - will showcase high-energy concepts, entertainment venues and F&B establishments.

A brand-new brewery concept will be featured at the Warehouses, run by an award-winning hospitality group. Other tenants include a new music lifestyle experience by Swee Lee, a FairPrice Finest curated grocer with in-store dining, a flagship coffeehouse flagship by a local specialty coffee brand, and a beauty salon and pottery-themed café, Catching the Waves, by Initia Group.

Other zones will feature spa and massage chain Natureland and Chinese seafood restaurant Seafood Paradise. Asia’s tallest Slingshot ride will catapult riders 70m above the Singapore River. Existing key tenants Zouk Group and 1-Group will expand their day-to-night offerings.

CICT has secured a pre-commitment of 70% of CQ @ Clarke Quay’s net lettable space in advanced negotiations from tenants and leases.

“As SIngapore eases Covid-19 measures and reopens borders, we are positioning our downtown properties to welcome the return of more shoppers,” says Chris Chong, CEO of retail and workspace at CapitaLand Investment. Chong is confident that the transformed CQ @ Clarke Quay as a day-and-night destination will be a key highlight in the rejuvenation of the Singapore River precinct.

Check out the latest listings near Clarke Quay, CQ @ Clarke Quay, Canninghill Piers

Tags:

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

How this ex-banker-turned-realtor does things differently

2

Nic & Wes Builders: Transforming houses

3

Frasers Property appoints new CEO of Frasers Hospitality, makes other key executive changes

4

Revised ABSD rules for upgraders, more GLS sites in OCR among PropNex’s Budget 2023 wishlist

5

Four-bedroom unit at St Thomas Suites for sale at $4.65 mil

Follow Us On

Our Sites

Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.

Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.

Web Version 3.0.3

Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.

On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.

Clarke Quay to reposition as day-and-night destination in $62 mil facelift

Related Articles