Bugis Junction Bugis Junction is an integrated development comprising office, retail and hotel elements. Its unique architectural features have earned Bugis Junction several awards for portraying an innovative and modern interpretation of urban development. Some of these awards are the Singapore Institute of Architects’ Award for Urban Design Category in 1998, Certificate of Merit from the International Council of Shopping Centres for Innovative Design and Construction of a New Project 1996 and Honourable Mention Award for Mixed Developments Category at Singapore Institute of Architects Architectural Design Awards 1995. It was also one of the finalists for the prestigious FIABCI Prix d’Excellence 2001 competition. Bugis Junction continued to perform well in 2003 despite the tough economic conditions. Occupancy rates for the retail and office space remained firm, averaging 99.5% and 95.3% respectively for the year. The five-star hotel, InterContinental Singapore, achieved a lower average occupancy of 42% in 2003 due to the negative impacts of the SARS outbreak and the Iraq war. However, occupancy is now almost back to pre-SARS level at close to 70% in December.

Unique architectural features have distinguished Bugis Junction as an innovative and modern interpretation of urban development.

OFFICE

One Raffles Quay One Raffles Quay is a large-scale office complex that is currently being developed on a 1.14-ha waterfront site at Marina Boulevard. The development is equally held by Keppel Land and two Hong Kong developers, Cheung Kong (Holdings) and Hongkong Land. The landmark development will have an underground air-conditioned retail link leading to the Raffles Place MRT station. Comprising two office towers linked by a podium, the development will yield a total of about 1.3 million sf of lettable space. The 50-storey North Tower will offer 756,520 sf of office space and has a typical column-free floor plate of about 18,000 sf. Linked to the North Tower by a landscaped, spacious doublevolume plaza is South Tower, a 29-storey building offering 563,076 sf of column-free space with large regular floor plates of about 30,000 sf, which is popular among financial institutions. There will be three designated trading floors to accommodate the special needs of major financial institutions. The project is poised to make a major impact on both the city’s skyline and pedestrian experience when it is completed in 2006.

One Raffles Quay is a landmark development that serves as the gateway to Singapore’s new financial district.

The HarbourFront Office Park

The HarbourFront Office Park is located next to the new HarbourFront MRT station. The development comprises 18- storey twin office towers - Keppel Bay Tower and HarbourFront Tower One - and a retrofitted cable car tower which is now known as HarbourFront Tower Two.

Jointly developed by Keppel Land, Keppel Corporation and The HarbourFront Pte Ltd, Keppel Bay Tower and HarbourFront Tower One received TOP in November 2002 while HarbourFront Tower Two obtained TOP in May 2003. With a total lettable area of about 927,000 sf, the three office towers have attracted international companies such as ExxonMobil, Du Pont, UBS AG, Kodak, Canon and Renesas among its major tenants.

The HarbourFront Office Park has transformed the area into Singapore’s newest business hub.