Buyers of the site will be able to capitalise on the additional GPR accorded under the CBD Incentive Scheme for the Anson area, JLL said.
These include an option of"residential and commercial" with at least 60 per cent residential GFA or a full hotel with 25 per cent additional GPR. There is an option of"residential with commercial at the first storey" with an additional 30 per cent GPR. It is in the centre of many established Grade A offices occupied by multinational and international corporations, hotel establishments and food and beverage offerings along Shenton Way, Anson Road, Tanjong Pagar Road, Cantonment Road and heritage clusters of conservation shophouses.
The development site is about 500 metres from Tanjong Pagar MRT Station and 650 metres from Outram Park Interchange. The site is also near the upcoming Cantonment MRT Station and Prince Edward MRT station, both slated to complete in 2025.
Source: News Formal (newsformal.com)
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