Parkway Shenton is a modern and vibrant mixed-use development in the heart of Singapore's Central Business District (CBD). Strategically located on Shenton Way, this iconic project encompasses a diverse range of commercial, residential, and lifestyle offerings that cater to the discerning urban community.
Parkway Shenton boasts a prestigious commercial hub that houses numerous multinational corporations, financial institutions, and renowned businesses. The development offers:
Grade-A Office Space: Approximately 315,000 square feet of premium office space, equipped with state-of-the-art facilities and panoramic city views.
Retail Hub: A vibrant two-level retail podium spanning over 100,000 square feet, featuring an eclectic mix of dining establishments, retail shops, and leisure amenities.
Co-Working Spaces: Dedicated co-working spaces designed to foster collaboration and innovation among tenants.
Parkway Shenton is home to The Shenton House, an exclusive residential development that offers:
Luxury Apartments: 82 meticulously designed apartments ranging from one- to three-bedrooms, each boasting floor-to-ceiling windows and premium finishes.
Penthouses: Two exclusive penthouses with private outdoor terraces and awe-inspiring city panoramas.
Unrivaled Amenities: Residents enjoy access to a myriad of amenities, including a swimming pool, gym, lounge areas, and 24-hour concierge service.
Parkway Shenton is not just a business or residential district; it is also a vibrant lifestyle destination that offers:
Dining and Entertainment: A curated selection of restaurants, cafes, and bars cater to diverse culinary preferences.
Shopping: The retail podium offers a wide array of retail outlets, from international brands to local boutiques.
Public Spaces: Ample public spaces, including a landscaped courtyard and open terraces, provide opportunities for relaxation and socialization.
Parkway Shenton's prime location ensures excellent connectivity and accessibility:
MRT Stations: Direct access to the Tanjong Pagar MRT station, providing seamless connections to the island-wide MRT network.
Bus Interchange: Convenient interchange for numerous bus services connecting to various parts of Singapore.
Vehicular Access: Easy access to major expressways, including the Central Expressway (CTE) and Ayer Rajah Expressway (AYE).
Development Cost: Approximately SGD 1.2 billion
Total Gross Floor Area: Over 1.4 million square feet
Number of Office Tenancy Spaces: 308
Number of Residential Units: 82
Number of Retail Units: 132
1. The Entrepreneur's Success:
A young entrepreneur based in Parkway Shenton's co-working space transformed his start-up into a thriving tech company, attributing its success to the collaborative and supportive environment.
Takeaway: Parkway Shenton fosters growth and innovation for businesses of all sizes.
2. The Relocating Executive:
A senior executive from a Fortune 500 company relocated to Singapore and found the luxurious apartment at The Shenton House to be the perfect home-away-from-home, offering a blend of comfort and convenience.
Takeaway: Parkway Shenton provides exceptional living experiences for discerning residents.
3. The Weekend Getaway:
A couple from the suburbs sought a weekend escape in the city and discovered the vibrant lifestyle amenities at Parkway Shenton. They enjoyed fine dining, shopping, and relaxation in the heart of downtown Singapore.
Takeaway: Parkway Shenton offers a diverse range of experiences for both locals and visitors.
Parkway Shenton's success can be attributed to several key strategies:
Integrated Design: The development seamlessly integrates commercial, residential, and lifestyle components, creating a vibrant and cohesive ecosystem.
Tenant Mix Optimization: The carefully curated tenant mix ensures a diverse range of offerings, catering to the needs of businesses and residents.
Sustainability Focus: Parkway Shenton is designed to be environmentally conscious, incorporating green building practices and energy-efficient systems.
Book a Co-Working Space: Entrepreneurs and freelancers can take advantage of Parkway Shenton's co-working spaces to connect, collaborate, and grow their businesses.
Plan a Weekend Stay: Enjoy a luxurious weekend getaway in the heart of Singapore by booking an apartment at The Shenton House.
Explore the Retail Hub: Discover a wide variety of dining, shopping, and leisure options in Parkway Shenton's vibrant retail podium.
Parkway Shenton is not just another real estate development; it is a transformative project that:
Enhances Business Connectivity: The hub provides a thriving commercial environment that attracts global businesses and promotes economic growth.
Elevates Urban Living: The luxury apartments and exclusive amenities offer an unparalleled living experience for discerning residents.
Revitalizes the Tanjong Pagar Area: Parkway Shenton contributes to the revitalization of the historic Tanjong Pagar district, transforming it into a modern and vibrant hub.
Residents, tenants, and visitors alike reap numerous benefits from Parkway Shenton:
Convenience and Accessibility: Seamless connectivity to the MRT and major expressways provides effortless travel.
Lifestyle Amenities: A diverse range of dining, shopping, and leisure options ensures a vibrant and fulfilling lifestyle.
Investment Potential: Parkway Shenton's prime location and premium offerings make it an attractive investment opportunity for both commercial and residential properties.
Parkway Shenton Republic Plaza is a true urban masterpiece that seamlessly blends commercial excellence, residential bliss, and lifestyle amenities into a vibrant and cohesive ecosystem. Its strategic location, exceptional design, and comprehensive offerings make it an unrivaled destination in the heart of Singapore's CBD. Whether you are a business professional, a discerning resident, or a leisure seeker, Parkway Shenton offers an unparalleled experience that will exceed your expectations.
Table 1: Occupancy Rates
Year | Office Space Occupancy | Residential Occupancy |
---|---|---|
2021 | 98% | 100% |
2022 | 95% | 98% |
2023 (Q1) | 97% | 99% |
Table 2: Rental Rates
Space Type | Average Rental Rate (per sq ft) |
---|---|
Grade-A Office Space | SGD 12-15 |
Luxury Apartment | SGD 10-15 |
Retail Unit | SGD 35-50 |
Table 3: Amenities and Facilities
Category | List of Amenities and Facilities |
---|---|
Commercial | * Grade-A office space * Co-working spaces * Retail hub * Conference rooms * Parking |
Residential | * Luxury apartments * Penthouses * Swimming pool * Gym * Lounge areas * 24-hour concierge service |
Lifestyle | * Restaurants and cafes * Retail shops * Public spaces * Landscaping * Open terraces |
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