Guoco Midtown set to transform Beach Road area

By EdgeProp Singapore | April 22, 2019 8:00 AM SGT
Guoco Midtown (Credit: GuocoLand)
GuocoLand is about to transform the Beach Road area with the unveiling of Guoco Midtown, a mixed-use development. Cheng Hsing Yao, group managing director of GuocoLand Singapore, has lauded it as the “last piece of the jigsaw puzzle” to connect all other major developments in the area.
Guoco Midtown, a 99-year leasehold site spanning 950,500 sq ft, will offer 30,000 sq ft of retail and entertainment space; 770,000 sq ft of Grade-A office space; and over 200 residences. The integrated development will have a direct link to Bugis MRT Station, and to neighbouring buildings like The South Beach. It will offer unblocked views of Marina Bay, Orchard Road, Kallang Basin, and the sea. It is scheduled to be completed in 1H2022.
In September 2017, GuocoLand purchased the Guoco Midtown site on Beach Road for $1.622 billion, or $1,706 psf per plot ratio. The landplot includes the former Beach Road Police Station, a three-storey, colonial-era building constructed in 1934, which is due to be conserved and restored.

Wallich Residences at Tanjong Pagar Centre

Tanjong Pagar Centre (Credit: Samuel Isaac Chua/ The Edge Singapore)
Another of GuocoLand’s premium developments is Tanjong Pagar Centre, linked directly to Tanjong Pagar MRT Station. It comprises 890,000 sq ft of Grade A offices at Guoco Tower; 100,000 sq ft of retail and F&B space; and 150,000 sq ft of community space, which features a green lawn and rooftop gardens, as well as an open space covered by a glass canopy. It also houses the five-star Sofitel hotel. This development is GuocoLand’s flagship property, and is where the group’s headquarters is located.
Guoco Tower spans 38 storeys, at 280m tall. It is to date the tallest skyscraper in Singapore. Wallich Residence occupies the 39th to 64th floors, with a total of 181 units, which range from 614 to 2,034 sq ft. Four penthouses take up...