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HPL’s ORCHARD ROAD REDEVELOPMENT IN SINGAPORE GETS PROVISIONAL NOD

Hotel Properties Ltd., owned by billionaire Ong Beng Seng, has received preliminary approval from Singapore’s Urban Redevelopment Authority to convert Orchard Road buildings into a mixed-use complex tembusu grand show flat, office, and residential components.

Voco Orchard Hotel, Tembusu Grand Showroom, and HPL House commercial block occupy 14,027 square meters of freehold and 999-year leasehold land, which HPL proposes to redevelop into 114,153 square meters (over 1.2 million square feet).

HPL wants the project at the corner of Cuscaden Road and Orchard Road to be a focal point at the northwest end of Orchard Road and an entryway that connects the site to nearby developments.

“If and when it is implemented and finished, the proposed redevelopment will turn this part of Orchard Road into a vibrant, energetic, important, and prominent precinct,” the company said in a filing with the Singapore Exchange on Monday.

Under the URA’s Strategic Development Incentive, the license is still subject to certain rules. It calls for a complete renovation with two towers of 64 and 43 stories on a six-story platform with a rooftop garden, a performance theatre,tembusu grand floor plan, and a basement parking garage. A separate 29-story tower would be built on top of the connected basement parking garage.

The design of the garden on top of the podium would be based on the geometry of the building, and it would have a variety of trees and plants that fit with the City in Nature vision. This would make the project fit with the government’s Singapore Green Plan 2030, which aims, among other things, to connect green spaces and bring nature back into urban areas. HPL said that it hasn’t set a date for the rebuilding yet.

By giving a tentative go-ahead to the effort, the URA seems unfazed by Ong Beng Seng’s involvement. Last month, Ong Beng Seng was arrested and asked by Singapore’s anti-corruption agency to give details about his interactions with S. Iswaran, the transport minister who was put on leave and asked to stay in the country as part of a corruption probe.

Due to COVID-19, Normanton Park Showflat is open for online bookings. You can now register online to receive direct developer discount offers and prices.


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