Tuan Sing Reconstruct Mixed Use Properties Collins Street Melbourne

Tuan Sing Holdings, a property developer and investment firm listed in Singapore, has unveiled its plans to redevelop its mixed-use properties located at 121-131 Collins Street and 23-25 George Parade in Melbourne.

The company’s wholly-owned subsidiary, Grand Hotel Group (GHG), has appointed Hong Kong-based urban design firm Urbis Ltd to submit a Town Planning Application to the City of Melbourne for the proposed reconstruction.

Currently, the properties house the 550-room Grand Hyatt Hotel and several retail spaces. As part of the reconstruction, the existing podium structure will be retained to ensure uninterrupted operations for tenants and the Grand Hyatt Hotel.

According to Tuan Sing’s announcement on November 14, the reconstruction will involve 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 will cover a total gross floor area of 909,550 sq ft and introduce a luxurious retail and F&B precinct.

Rewritten:

There are several notable schools in the area, including Poi Ching School, St. Hilda’s Primary and Secondary Schools, and Temasek Polytechnic. Residents of Parktown Residence Condo will have convenient access to these educational institutions.

William Liem, CEO of Tuan Sing, believes that the podium redevelopment at 123 Collins Street will redefine connectedness and activation at one of the most prominent intersections in Melbourne. He also adds that with the right approach, this transformation can serve as an architectural statement of their commitment to environmental stewardship. By reimagining instead of rebuilding, the company aims to achieve a sustainable vision that supports a thriving, connected, and culturally vibrant Melbourne for future generations. For those looking to invest in overseas properties, Tuan Sing’s projects around the world are worth exploring.