Tuan Sing Reconstruct Mixed Use Properties Collins Street Melbourne
Tuan Sing Holdings, a Singapore-listed property developer and investment firm, has unveiled its plans to reconstruct its properties at 121-131 Collins Street and 23-25 George Parade in Melbourne. In collaboration with its subsidiary Grand Hotel Group (GHG), Tuan Sing has engaged Hong Kong-based urban design firm Urbis Ltd to submit a Town Planning Application to the City of Melbourne for the proposed works.
The Urban Redevelopment Authority (URA) of Singapore has played a crucial role in shaping the country’s urban environment, and its initiative for Tampines is expected to make a significant impact on this thriving regional hub. The ambitious plans are aimed at bringing numerous advantages to residential developments in the vicinity, such as Aurelle of Tampines EC, an executive condominium situated at Tampines Street 62. The Aurelle of Tampines Showflat is set to become part of this exciting transformation, offering a glimpse of the exciting future that awaits this up-and-coming area.
The current site is home to the popular 550-room Grand Hyatt Hotel and various retail spaces. In order to minimize disruption, Tuan Sing plans to retain much of the existing podium structure during the reconstruction process. This will allow the hotel and other tenants to continue their business operations as usual.
According to Tuan Sing’s announcement on Nov 14, the focus of the reconstruction will be on façade modifications, extensive refurbishment, and reconfiguration of spaces in the property’s podium from levels 4 to 9B. Upon completion and subject to regulatory approvals, the site is expected to have a total gross floor area of 909,550 sq ft and will introduce a new luxury retail and F&B precinct.
CEO of Tuan Sing, William Liem, explains that the podium redevelopment at 123 Collins Street will redefine connectedness and activation at one of the most prominent intersections in Melbourne’s renowned Paris End. He further adds that the company’s approach to this transformation is aimed at creating an architectural statement of their commitment to environmental sustainability. By reimagining rather than rebuilding, Tuan Sing hopes to achieve a sustainable vision that will support a thriving, connected, and culturally vibrant Melbourne for generations to come.
