Parktown Residences Developer

UOL Group Real Estate Developer

UOL Group Limited, one of Singapore’s leading public-listed property companies, has earned a solid reputation in the real estate sector for its unwavering commitment to quality, sustainability, and innovation. With a comprehensive portfolio ranging from residential to commercial and hospitality properties, UOL Group continues to shape Singapore’s urban landscape through iconic developments like Parktown Residences.

Corporate Overview

Founded in 1963 as Faber Union Limited, UOL Group rebranded itself in 1975 to align with its growing real estate portfolio. The company has since established a global presence, with operations extending to Asia, Europe, and North America. UOL is publicly traded on the Singapore Exchange and boasts a market capitalization of billions, underlining its status as a key player in the real estate market.

Leadership and Vision

Wee Cho Yaw, Chairman Emeritus of UOL Group, has been a pivotal figure in the company’s growth. Under his leadership and the capable management team led by CEO Liam Wee Sin, UOL Group has been guided by a philosophy that emphasizes delivering long-term value to shareholders. The company strives to consistently exceed the expectations of its customers by providing innovative and high-quality developments.

Development Portfolio

UOL Group’s diversified portfolio spans various sectors, including residential, commercial, and hospitality properties. The group’s core businesses are classified into three main segments:

  1. Residential Development
    UOL is known for developing high-quality residential properties across Singapore and Asia. Some notable projects include:

    • The Clement Canopy: A residential project designed with sustainability in mind, featuring lush greenery and modern amenities.
    • Avenue South Residence: A mixed-use development incorporating heritage conservation with modern luxury living.
    • Amber45: A luxury condominium offering unobstructed sea views in the East Coast area.
    • Parkville Residences: Situated in Clementi, known for its distinctive design and family-oriented amenities.
  2. Commercial Development
    UOL Group owns and manages several commercial properties across Singapore, providing a blend of retail and office spaces. Some prominent developments include:

    • United Square: A family-friendly shopping mall.
    • Velocity @ Novena Square: A sports and lifestyle mall.
    • Odeon Towers: A Grade A office tower located in the heart of the city.
  3. Hospitality
    The hospitality division is managed through Pan Pacific Hotels Group, a wholly-owned subsidiary. It operates the Pan Pacific and PARKROYAL brands globally, with properties across Asia, North America, and Oceania.

Parktown Residences: A Collaborative Venture

UOL Group, in partnership with CapitaLand and Singapore Land (SingLand), is developing Parktown Residences, a landmark mixed-use project in Tampines North. The winning bid of S$1.206 billion for the Government Land Sales (GLS) site underscores the strategic importance of this development.

Development Details and Vision

Parktown Residences is poised to become a landmark in Tampines North, blending residential, retail, and community amenities. It will include approximately 1,190 residential units, an integrated retail podium, a bus interchange, a community club, and a hawker center. The development aligns with UOL’s commitment to quality and innovation.

The residential towers will offer a wide range of unit types, catering to singles, couples, and families. From one-bedroom apartments to spacious five-bedroom homes, Parktown Residences is designed to suit diverse lifestyle needs. UOL Group’s emphasis on sustainability is evident in this project, with features like smart home systems, energy-efficient designs, and lush landscaping.

Integrated Retail Podium and Community Spaces

The integrated retail podium will feature a diverse mix of shops, dining outlets, and essential services. UOL Group recognizes the importance of creating vibrant community spaces that cater to the daily needs of residents while fostering social interaction. The community club and hawker center will offer lively social spaces, promoting a sense of community.

Sustainability Initiatives

UOL Group has integrated sustainability into the DNA of Parktown Residences. The development incorporates green building designs and renewable energy systems to minimize its environmental footprint. Energy-efficient technologies, water-saving fixtures, and efficient waste management systems are key features of the project. Landscaped sky gardens and extensive greenery not only enhance the aesthetics but also promote biodiversity.

Legacy and Future Vision

Parktown Residences exemplifies UOL Group’s legacy of delivering quality developments that stand the test of time. The company’s approach to real estate development is guided by its vision to be the most trusted property developer globally. By focusing on quality, sustainability, and customer satisfaction, UOL Group remains at the forefront of Singapore’s property industry.

UOL’s commitment to excellence is reflected in the numerous awards and accolades it has received over the years. These include:

  • FIABCI World Prix d’Excellence Awards
  • Urban Land Institute (ULI) Asia Pacific Awards for Excellence
  • BCA Green Mark Platinum Awards

Commitment to Corporate Social Responsibility

Beyond commercial success, UOL Group is deeply committed to corporate social responsibility (CSR). The company actively supports charitable organizations and community programs that promote education, the arts, and the environment. Its sustainability initiatives aim to create a positive impact on the communities it serves.

UOL Group’s extensive experience, visionary leadership, and unwavering commitment to quality make it an ideal developer for Parktown Residences. The project is a testament to UOL’s ability to create iconic developments that blend luxury living with sustainability and innovation. As UOL continues to shape Singapore’s urban landscape, Parktown Residences stands out as a landmark that will redefine integrated living in Tampines North.

CapitaLand Real Estate Developer

CapitaLand Development (CLD), the development arm of CapitaLand Group, stands as one of Asia’s largest real estate developers, with a strong track record in residential, commercial, and mixed-use developments. With its involvement in Parktown Residences alongside UOL Group and Singapore Land (SingLand), CapitaLand brings extensive expertise, innovative design, and sustainable development practices to the project.

Corporate Overview and Philosophy

CapitaLand Group was established in 2000 following the merger of DBS Land and Pidemco Land. Over the years, it has evolved into one of Asia’s leading real estate developers and managers, with a global portfolio exceeding S$132 billion. In 2021, the group restructured to form CapitaLand Investment (CLI) and CapitaLand Development (CLD), allowing each division to focus on their core competencies.

As the development arm, CLD focuses on real estate development across Singapore, China, and other key Asian markets. Their guiding philosophy emphasizes sustainability, quality, and customer-centricity. This approach has led to the creation of landmark developments that seamlessly integrate residential, commercial, and community spaces.

Leadership and Vision

Under the stewardship of CEO Jason Leow, CapitaLand Development emphasizes innovation, sustainable practices, and customer satisfaction. The leadership team believes in creating long-term value for all stakeholders, and this ethos guides their approach to every project.

Key Developments and Achievements

CapitaLand Development’s extensive portfolio spans residential, commercial, and mixed-use developments. Some of their notable projects include:

  1. Residential Developments:
    • The Interlace: An iconic residential development in Singapore known for its distinctive “stacked” design, which won the World Building of the Year in 2015.
    • Sky Habitat: A distinctive condominium in Bishan designed by Moshe Safdie, featuring sky bridges that connect its two towers.
    • d’Leedon: Singapore’s largest residential development, designed by renowned architect Zaha Hadid.
  2. Commercial and Mixed-Use Developments:
    • Raffles City Portfolio: A series of mixed-use developments in key Asian cities like Singapore, Shanghai, and Chongqing.
    • Funan Mall: A next-generation lifestyle destination combining retail, office, and co-living spaces.
    • CapitaSpring: A 51-story integrated development in Singapore’s CBD that combines work, live, and play in one environment.
  3. International Developments:
    • One Pearl Bank (Singapore): An iconic condominium project replacing the former Pearl Bank Apartments.
    • Ascendas Innovation Place (Shanghai): A high-tech industrial park catering to innovative companies.

Parktown Residences: CapitaLand’s Vision

CapitaLand Development’s partnership with UOL Group and SingLand for Parktown Residences is a testament to their shared vision of creating a landmark mixed-use development in Tampines North. The consortium won the bid for the Government Land Sales (GLS) site with a winning offer of S$1.206 billion, underscoring the strategic importance of this project.

Development Details and Features

Parktown Residences is designed as an integrated development that will seamlessly blend residential, retail, and community amenities. It will feature approximately 1,190 residential units, a bus interchange, a retail podium, a community club, and a hawker center. CapitaLand’s expertise in mixed-use projects ensures that Parktown Residences will be a well-planned and holistic development.

Residential Towers:

The development’s residential towers will offer a variety of unit types, ranging from one-bedroom apartments to spacious five-bedroom homes. Each unit is designed with modern aesthetics, smart home features, and quality finishes. CapitaLand emphasizes efficient layouts and sustainability, incorporating energy-efficient designs and smart technologies.

Integrated Retail Podium:

The integrated retail podium will provide a diverse mix of shops, dining outlets, and essential services. CapitaLand’s extensive experience in retail development ensures that the podium will cater to the daily needs of residents while attracting visitors from the broader Tampines North community. The selection of tenants will reflect the preferences and lifestyles of the target demographic.

Community Facilities:

The community club and hawker center are designed to create vibrant social spaces that promote community interaction. The bus interchange will provide seamless connectivity, ensuring that Parktown Residences remains well-connected to Tampines and the broader Singapore public transport network.

Sustainability Initiatives:

CapitaLand is known for its strong commitment to sustainability. Parktown Residences will incorporate green building designs and renewable energy systems to minimize its environmental footprint. Energy-efficient technologies, water-saving fixtures, and efficient waste management systems are integral to the project. Landscaped sky gardens and extensive greenery not only enhance the aesthetics but also promote biodiversity.

Quality and Innovation:

CapitaLand Development’s approach to Parktown Residences emphasizes quality and innovation. The development is designed to offer exclusive facilities such as a large swimming pool, fitness center, children’s play area, landscaped sky gardens, and a clubhouse with function rooms. Each residential tower will feature smart home technologies, panoramic views, and natural light.

Legacy and Impact on Urban Development

CapitaLand Development has consistently demonstrated its ability to create transformative urban developments that leave a lasting impact on the communities they serve. Parktown Residences will be no different, as it is set to redefine integrated living in Tampines North.

Awards and Accolades

Over the years, CapitaLand has received numerous awards and accolades for its projects, including:

  • BCA Green Mark Platinum Awards for sustainable developments like CapitaSpring and Funan Mall.
  • FIABCI World Prix d’Excellence Awards for projects like The Interlace and d’Leedon.
  • Urban Land Institute (ULI) Asia Pacific Awards for Excellence for Raffles City Chongqing.

CapitaLand Development’s involvement in Parktown Residences reflects its commitment to creating quality, sustainable, and customer-centric developments. The project aligns with CapitaLand’s vision of transforming urban spaces through innovative and holistic mixed-use developments. With its expertise in residential, commercial, and mixed-use projects, CapitaLand is well-positioned to shape Parktown Residences into a landmark development that will redefine the urban landscape of Tampines North.

The seamless integration of residential, retail, and community facilities at Parktown Residences will offer residents an unparalleled lifestyle experience. CapitaLand’s dedication to sustainability, quality, and customer satisfaction will ensure that Parktown Residences becomes a thriving community and a desirable address for families and professionals alike.

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    Thank you for considering Parktown Residences as your future home, you will soon be able to explore and download the condo’s floor plan and e-brochure. The gallery is also available for your consideration on the latest perspectives of the development. Please also see the latest video of the fly-through as well as more info on the project. We will also update the balance unit chart as soon as it is available to provide the latest unit available. Please see more info on developer details and track record as well.

    The latest site plan and floor plan is available here together with the pricing and elevation chart. There are many different layout types for your consideration. Please see the location of the project as well as the showflat location. Kindly register before coming to the showflat to ensure that there is an appointed sales person at the showflat for the viewing.