Asia Pacific & Middle East NEWSMAR-APR 2018 SEAB 15Singapore – Paya Lebar Quarter (PLQ)
by Lendlease completed the topping
out of its first office tower structure
at a ceremony attended by Minister
for National Development Lawrence
Wong and other key delegates on 15
January 2018.
The S$3.2 billion mixed-use
development comprising of office,
residential and retail components, is
progressing well. When completed,
it is set to transform Paya Lebar into
Singapore’s newest business hub.
Mr Tony Lombardo, CEO,
Asia, Lendlease, commented:
“The significant market demand
Lendlease has received for PLQ
signals a sustained market appetite
in Singapore for quality integrated
business and lifestyle precincts underpinned by excellent public realm, superb connectivity and designed
with people foremost in mind. PLQ represents the best of inclusive urban spaces and workplace ecosystems
for seamless and vibrant lifestyles, where people want to work, live, dine and shop.”
Singapore – Following the successful
inaugural launch of Frasers Tower last
February, Frasers Centrepoint Singapore
celebrated the tower’s topping out
ceremony, having secured strong lease
commitments of over 70 percent for
its 38-storey office tower, with close
to 50 percent of its retail podium also
successfully leased.
Speaking at the sidelines of the
topping out ceremony, Mr Christopher
Tang, Chief Executive Officer of Frasers
Centrepoint Singapore commented:
“This is a memorable milestone for
us. We are encouraged by the pre-
commitment of over 70 percent as a
Frasers Centrepoint Singapore tops out Frasers Tower with over
70 percent pre-commitment for office tower
Paya Lebar Quarter completes ‘topping out’ of its first office
tower
Topping out the
Lendlease way. From
left to right: Richard
Paine, PLQ Managing
Director, Lendlease;
Associate Professor
Fatimah Lateef, Member
of Parliament for Marine
Parade GRC, Geylang
Serai Ward; Lawrence
Wong, Minister for
National Development
and Second Minister for
Finance; Tony Lombardo,
Chief Executive Officer,
Asia, Lendlease and Ng
Hsueh Ling, Managing
Director, Singapore
and Chief Investment
Officer, Asia, Lendlease
officiating the topping
out of PLQ’s first
office tower. Photo: ©
Lendleasetestament to Frasers Tower being the
top-of-mind choice for established
organisations to grow their business.
We are confident that Frasers Tower
will be a leading landmark in the
business district, catering to a
contemporary workforce in the years
to come.”
The development has a total net
lettable area of approximately 663,
square feet and comprises a 38-storey
Premium Grade-A office tower with
unique community zones – The Sky,
The Terrace and The Park – and an
adjacent three-storey cascading retail
podium with a roof garden, The Oasis.Topping out ceremony group photo. From left to right: Mr Christopher Tang - CEO, Frasers
Centrepoint Singapore; Mr Panote Sirivadhanabhakdi - Group CEO, Frasers Centrepoint
Limited; Mr Kim Jung Chul - EVP / COO / Head of Building Works Division, Hyundai Engineering
& Construction; and Mr Kwak Im Koo, Project Director, Hyundai Engineering & Construction.
Photo: © Frasers Centrepoint Singapore