The Business Times
SUBSCRIBERS

CEL, SingHaiyi units to build 367 apartments, strata office and retail tower on Peace Centre site

The project in Sophia Road received planning approval in late 2023, and will be completed by 2028

Samuel Oh

Samuel Oh

Published Mon, Jun 10, 2024 · 06:49 PM
    • The residential and strata office units of One Sophia may be launched in Q3 this year, says SingHaiyi.
    • The residential and strata office units of One Sophia may be launched in Q3 this year, says SingHaiyi. PHOTO: BT FILE

    PLANS for the redevelopment of the Peace Centre site are finally moving ahead, some 2½ years after the ageing mall in Sophia Road was sold, along with Peace Mansion next door.

    The joint developers, entities linked to CEL and SingHaiyi, received planning approval in the last quarter of 2023, to build 367 residential units; the rebuild also includes plans for new strata-titled offices and retail space on the site near Orchard Road.

    Michael Ng, executive director of SingHaiyi Holdings, told The Business Times (BT): “The project is pending approval from the authorities for launch.”

    Residential propertyOffice PropertyCollective sale

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More