Beach Road area will undergo a rejuvenation turning the once sleepy district into a vibrant commercial hub with mixed developments integrating residential, retail and hotel elements. The latest being the release of old fire station site, opening up new possibilities.
This 2ha land will likely draw competitive high bids from developers being a residential and commercial plot that can accommodate a 45-storey complex of 947,233sqft, expecting to draw an estimated bid from $1 billion to $1.4 billion or $1,300 to $1,400 PSF per plot ratio.