Alibaba, Perennial-led group to build Singapore’s tallest building, at 305 metres
The URA has approved a 63-storey development with nearly 1.6 million sq ft GFA, comprising offices, some retail space, 215 apartments and a 11-suite hotel
Kalpana Rashiwala
ALIBABA and a Perennial Holdings-led consortium’s proposed mixed-use project on the former AXA Tower site opposite Tanjong Pagar MRT station is poised to overtake Guoco Tower as Singapore’s tallest development.
The Urban Redevelopment Authority (URA) has approved a maximum height of 305 metres for the proposed 63-storey office, retail, residential and hotel project at 8 Shenton Way. This exceeds the 290-metre height URA approved for Guoco Tower, an integrated mixed development completed in phases between 2016 and 2017.
URA’s spokesperson confirmed that the proposed development at 8 Shenton Way is the only project that has been given the nod to be taller than the 290 metres Singapore Height Datum (SHD) approved for Guoco Tower.
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