Project Overview

GuocoLand, in a joint venture with Hong Leong Holdings, acquired a prime 32,023.7 sqm, 99-year leasehold site along Upper Thomson Road through Singapore’s Government Land Sale tender for S$779,555,000. This ambitious residential project will comprise five 25-storey towers with 941 residences, adding significant housing stock to this desirable Singapore location.
The development is backed by an S$847.1 million green club facility, highlighting the project’s commitment to sustainability principles. With a targeted launch in 2025, this development represents one of Singapore’s most significant residential projects, strategically positioned to meet the demand for quality housing in a prime location.

GuocoLand and Hong Leong Holdings bring considerable expertise to this development, with both companies having established track records in Singapore’s competitive real estate market. The project’s scale and location make it a noteworthy addition to Singapore’s residential landscape.

Akeen Management’s Contribution

Akeen Management provided development and investment advisory services throughout this project. We assisted with analysis and valuation to support the bidding strategy for the government land sale tender. Once the site was secured, our team advised on financing structures, helping to ensure the green club facility. We also provided development consultancy services, including conceptual planning for the five towers and optimising the unit mix based on market demand and regulatory requirements.