The end development value of this project is estimated to be around SGD$3.2 billion. Gross floor area is said to be 1.8 million square feet while total retail space will be over 340,000 square feet. The construction of this project commenced in January 2016 and is expected to go on till 2018. Talk is that the project will be completed in phases. The commercial and retail components are said to be completed in the other half of 2018 while residential component will be completed in first half of 2019. Hence there are total of 7 buildings in this project and this site is a 99-year leasehold site. The plan for this site says that Towers 1 and 2 will be having 14 floors each while Tower 3 will have 13 floors. The residential towers will have residential units that range from 1BHK-3BHK residential units.
Thus this is a high value S$3.2 billion project that comprises of retail, commercial and residential space. Other facilities like cycling path, lockers, bicycle storage, showers and more will be available for tenants. This is done in order to help Singapore in its vision of a car-lite city. Paya Lebar Oquarter’s elevated pedestrian network will perfectly connect you to both its campus and beyond. Thus whether you want to explore the development campus or its rich neighborhood, it will be very easy to do so.