New Mixed Development Project Set To Bring New Life to Singapore's Central Business District.
Online, July 20, 2012 (Newswire.com) - Shenton Way, the financial heart of Singapore, is likely to see several redevelopments by the end of 2012. Several old buildings are expected to be torn down and redeveloped. Among which a new mixed development project comprising of shops, offices and residences will be constructed at the former Marina House at 70 Shenton Way. This new mixed development project is called Eon Shenton.
Eon Shenton comprised of 132 apartments, 23 shops and 98 offices. It has a 99 years leasehold tenure. Eon Shenton sits on an "island site" which is bounded on all four sides by Shenton Way, Palmer Road, Mistri Road and Parsi Road. This gives the building an all round view of the surrounding. It is also a short walk to the nearby Tanjong Pagar MRT train station.
The consortium that's developing Eon Shenton has sold out all 23 shops at prices between S$4,000 to S$5,000 per square foot. Office units are also selling very well. With unblock sea facing office units commanding a price premium. Eon Shenton office units are also uniquely designed with high ceilings and fitted with high quality finishing. The offices are designed to have loft feel with floor to floor height of almost 5 metres, private bathrooms and individually controlled air conditioning to give occupiers flexibility of round the clock operations.
The Singapore government intends to expand the Central Business District area and reposition Tanjong Pagar area as the "next waterfront city", with waterfront housing, hotels and lifestyle elements. Eon Shenton is located within these vibrant redevelopment activities and will see good potential in the years to come.
Local Singaporean or foreigners looking to invest in Eon Shenton should check out http:www//.Eon-Shenton.sg, to get an overview of the project and the latest promotional
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