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  • 21 Aug, 2019

  • By, Wikipedia

Skywaters Residences

Skywaters Residences is a 63-storey mixed-use building under construction in the Downtown Core district of Singapore. The skyscraper is expected to replace Guoco Tower as the tallest building in Singapore upon its completion in 2028. The 305 m (1,001 ft) tall building will house offices, retail stores, residential units and a hotel.

Background

Jointly developed by Singapore's Perennial Holdings and Alibaba, the skyscraper stands on the site of the former AXA Tower. The redevelopment of the AXA Towers were first announced on July 7, 2022, when redevelopment plans for a new 63-storey building with a height of 1,001 feet (305 metres) were approved by the Urban Redevelopment Authority for a consortium consisting of Alibaba, Perennial Holdings, and local partners. This marked the new building as the tallest skyscraper ever approved to be constructed in Singapore. The mixed-use building will be mostly made up of office, hotel, and residential spaces, with an observation level and some retail space. It is planned to be completed by 2028.

Construction and design

AXA Tower in September 2022, after it was closed to the public and preparations for demolition had begun.

In May 2022, AXA Tower was closed and demolition began shortly after. The new building will retain the AXA tower's foundation, to reduce materials used in the construction and to reduce environmental impact during redevelopment. A S$3 billion real estate green loan was secured by Perennial Holdings and its partners in November 2022 for the development of the site, with sustainability construction being incorporated into the design and development of the new building.

Designed by Skidmore, Owings & Merrill and Singapore's DCA Architects, the building will feature 148,000 square metres (1,590,000 sq ft) of floor space, with 3 storeys of retail spaces, 19 storeys of offices, 3 storeys of hotel suites and 36 storeys of residential units. The building will also feature 10,000 square metres (110,000 sq ft) of green spaces, as well as a rainwater irrigation system for plants located within the green spaces.

See also

References

  1. ^ "SKYWATERS RESIDENCES: Downtown Core - Details & Reviews". EdgeProp Singapore. Retrieved April 14, 2024.
  2. ^ "At 305m, super penthouse at 8 Shenton Way will be highest residence in Singapore". The Straits Times. October 28, 2022. Retrieved April 14, 2024.
  3. ^ "Singapore's tallest skyscraper to be built by Alibaba and local partners". Channel News Asia. August 5, 2022. Retrieved April 14, 2024.
  4. ^ "US firm behind Burj Khalifa to work with local architects to design Singapore's tallest building". The Straits Times. October 27, 2022. Retrieved April 14, 2024.
  5. ^ "Former AXA Tower at 8 Shenton Way set to be the tallest skyscraper in Singapore". EdgeProp Singapore. October 27, 2022. Retrieved April 14, 2024.
  6. ^ Rashiwala, Kalpana (3 August 2022). "Alibaba, Perennial-led group to build Singapore's tallest building, at 305 metres". The Business Times. Archived from the original on 3 August 2022. Retrieved 21 August 2022.
  7. ^ Burgos, Jonathan (4 August 2022). "Alibaba, Singapore Tycoons Win Approval To Build Lion City's Tallest Skyscraper". Forbes. Archived from the original on 2 April 2023. Retrieved 21 August 2022.
  8. ^ "Perennial-led consortium secures $3 billion real estate green loan, largest in Asia". The Straits Times. November 17, 2022. Retrieved April 14, 2024.
  9. ^ "Perennial-led consortium secures S$3b real estate green loan". The Business Times. November 17, 2022. Retrieved April 14, 2024.
  10. ^ "Plans for Singapore's first 'supertall' skyscraper unveiled". CNN. October 28, 2022. Retrieved April 14, 2024.