Introduction
Amidst the bustling metropolis of Singapore, enveloped in the heart of the Central Business District, stands Parkway Shenton, a captivating mixed-use development that seamlessly intertwines commercial, residential, and lifestyle experiences. As a visionary collaboration between Shenton Lane Capital and Low Keng Huat, this architectural marvel epitomizes modern urban living and sets a new benchmark for mixed-use developments in the region.
Architectural Brilliance
Soaring majestically above the city skyline, Parkway Shenton comprises two iconic towers: Shenton House and Republic Plaza. Designed by the renowned architectural firm DP Architects, these towers embody a fusion of contemporary and classic elements, creating an unforgettable impression.
The 52-storey Shenton House commands attention with its sleek, glass facade and distinctive curvilinear form, echoing the undulating waves of the nearby Marina Bay. Conversely, the 66-storey Republic Plaza exudes a timeless elegance with its monolithic, concrete-clad exterior, reminiscent of the city's rich architectural heritage.
Commercial Hub
Parkway Shenton serves as a vibrant commercial hub, housing a multitude of businesses and organizations within its vast retail and office spaces. The development's strategic location in the heart of the Central Business District (CBD) provides unparalleled connectivity and accessibility for professionals and visitors alike.
The office spaces in Parkway Shenton cater to a diverse range of industries, from finance and technology to healthcare and law. With its state-of-the-art facilities, including high-speed internet connectivity, flexible workspaces, and advanced meeting and conference rooms, the development empowers businesses to thrive in the modern, fast-paced economy.
Residential Enclave
Complementing the commercial aspect of Parkway Shenton is Republic Plaza, an exclusive residential enclave that offers sophisticated living experiences amidst the bustling city center. The 66-storey tower houses 482 luxurious condominiums, ranging from one-bedroom units to spacious penthouses.
Residents of Republic Plaza enjoy a myriad of amenities and services, including a sky garden, a rooftop infinity pool, a fully equipped gym, and 24-hour concierge. The development's proximity to key transportation hubs, such as Tanjong Pagar MRT Station and the Marina Bay Financial Centre MRT Station, ensures seamless connectivity and ease of access throughout the city.
Retail Paradise
Parkway Shenton is also home to a diverse array of retail options that cater to discerning shoppers and visitors. The development's five-storey retail podium houses a wide selection of boutiques, flagship stores, and international brands, offering an unparalleled shopping experience in the heart of the city.
From luxury fashion and accessories to gourmet food and lifestyle products, Parkway Shenton satisfies every shopper's desire. The development also features a curated selection of dining establishments, ranging from casual cafes to fine-dining restaurants, ensuring that residents and visitors alike have a plethora of culinary options at their fingertips.
Lifestyle Haven
Beyond its commercial and residential offerings, Parkway Shenton is also a vibrant lifestyle haven that caters to the well-being and leisure pursuits of its occupants and visitors. The development boasts a myriad of amenities and recreational facilities that foster a sense of community and promote a healthy and balanced lifestyle.
The Parkway Shenton Sky Garden is an oasis of tranquility amidst the bustling city, offering breathtaking panoramic views of the cityscape and the waterfront. The lush greenery and serene ambiance provide an ideal space for relaxation, social gatherings, and outdoor events.
Moreover, Parkway Shenton features a fully equipped fitness center, a yoga and dance studio, and a swimming pool. These facilities encourage residents and office workers to prioritize their health and well-being, while promoting a sense of community and camaraderie.
Location Advantage
Parkway Shenton's prime location in the heart of the CBD grants it unparalleled accessibility and connectivity. The development is situated adjacent to the Tanjong Pagar MRT Station and the Marina Bay Financial Centre MRT Station, providing seamless access to all parts of the city and beyond.
Furthermore, Parkway Shenton is mere minutes away from the Marina Bay Sands, Gardens by the Bay, and the Singapore River, offering residents and visitors a multitude of entertainment, leisure, and cultural experiences right at their doorstep.
Sustainable Design
Parkway Shenton is a testament to the developers' commitment to sustainability and environmental consciousness. The development has received the Green Mark Platinum Award from the Building and Construction Authority (BCA), the highest accolade for environmentally friendly buildings in Singapore.
The development's sustainable features include a rainwater harvesting system, a solar photovoltaic system, and an efficient waste management system. By implementing these sustainable measures, Parkway Shenton significantly reduces its carbon footprint and promotes a greener and more sustainable urban environment.
Industry Recognition
The architectural brilliance and exceptional offerings of Parkway Shenton have garnered widespread recognition and accolades within the industry. The development has received numerous awards and accolades, including:
Conclusion
Parkway Shenton stands as a true masterpiece of mixed-use development, seamlessly integrating commercial, residential, and lifestyle experiences in the heart of Singapore's CBD. Its captivating architecture, prime location, and exceptional amenities make it an ideal destination for businesses, residents, shoppers, and visitors alike. With its unwavering commitment to sustainability and industry-leading design, Parkway Shenton sets a new benchmark for mixed-use developments in the region and beyond, offering a compelling fusion of convenience, luxury, and ecological consciousness.
Parkway Shenton Key Statistics
Feature | Statistic |
---|---|
Commercial Space | 580,000 square feet |
Residential Units | 482 |
Retail Space | 150,000 square feet |
Office Space | 430,000 square feet |
Number of Floors | 66 (Republic Plaza) |
Height | 282 meters |
Green Mark Certification | Platinum |
Parkway Shenton Occupancy Rates
Year | Commercial Occupancy | Residential Occupancy | Retail Occupancy |
---|---|---|---|
2023 | 98% | 95% | 90% |
2022 | 96% | 93% | 88% |
2021 | 94% | 91% | 86% |
Parkway Shenton Rental Rates
Year | Commercial Rental Rate | Residential Rental Rate | Retail Rental Rate |
---|---|---|---|
2023 | SGD 12.00 per square foot | SGD 4.50 per square foot | SGD 20.00 per square foot |
2022 | SGD 11.00 per square foot | SGD 4.20 per square foot | SGD 18.00 per square foot |
2021 | SGD 10.50 per square foot | SGD 4.00 per square foot | SGD 16.00 per square foot |
Story 1: The Rise of Mixed-Use Developments
The success of Parkway Shenton epitomizes the growing trend towards mixed-use developments in urban centers worldwide. These developments offer a unique blend of commercial, residential, and lifestyle experiences, creating vibrant and self-contained communities. By integrating different uses within a single project, mixed-use developments promote walkability, reduce traffic congestion, and foster a greater sense of community.
Lesson 1: Integrated Developments Create Value
The integration of commercial, residential, and retail spaces within Parkway Shenton creates a synergistic ecosystem that benefits all stakeholders. Businesses enjoy access to a captive residential market, while residents have convenient access to retail and entertainment options. The development also attracts visitors, creating a dynamic and vibrant environment.
Story 2: Sustainable Design in Urban Environments
Parkway Shenton's commitment to sustainability demonstrates the growing importance of eco-friendly practices in urban development. The development's energy-efficient design, rainwater harvesting system, and waste management system significantly reduce its environmental impact. By embracing sustainability, Parkway Shenton creates a healthier and more responsible living and working environment for its occupants.
Lesson 2: Sustainability Matters
Incorporating sustainable features into development projects is not only environmentally responsible but also financially beneficial in the long run. Energy-efficient buildings reduce operating costs, while water conservation measures reduce water consumption and associated expenses. By embracing sustainability, developers can create more resilient and cost-effective buildings.
Story 3: Preserving Architectural Heritage
The design of Republic Plaza, one of the two towers
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