Funan Redevelopment - Proposed New Erection Of Mixed Development

  • Key Details
    • Address109 North Bridge Road, Singapore 179097
    • Types Hotel
      Hotel-Serviced Apartment
      Infrastructure-Bridge/Linkway
      Residential-Apartments
    • Stage07-TOP Awarded (Construction)
    • Starting Date01/01/2017
    • Ending Date01/10/2019
    • Estimated Value05-Above S$100M
    • Actual ValueS$375,000,000
    Project Information
    • DescriptionProposed New Erection Of 12-Storey Mixed Development Comprising 8-Storey Serviced Apartments, 6-Storey Office, 5-Storey Retail Podium With 4 Basement (Retail & Carparks) And Other Ancillary Facilities On Lots 00309X, 00310K, 00311N, 00312X & 00324K Ts10 At 109 North Bridge Road- Application For Approval Of Basement 3 & 4 Design New Updates on 1 May 2019: Singapore’s new-gen integrated development Funan has successfully obtained its Temporary Occupation Permit (TOP). This milestone puts Funan a step closer to opening its retail and office components in 2Q 2019, as announced last September. Funan is owned by CapitaLand Mall Trust (CMT) and managed by CapitaLand. From groundbreaking to completion, the construction of Funan took 27 months – a feat for a development of its scale. At 887,000 square feet (sq ft) in total gross floor area, the new Funan is 405,000 sq ft or about 85% larger than its predecessor Funan DigitaLife Mall. Despite challenges such as a tight site with limited access, time savings are achieved through innovation in construction methods, and the choice of building materials and equipment to avoid redundancies and inefficiencies in Funan’s construction process. Due to the popularity of online shopping, business at the mall began declining over several years, forcing tenants to close down. The mall was initially planned to be renovated in 2014. However, it was later slated for demolition. The last day of mall operation was 30 June 2016. All tenants have since relocated and the building was later demolished. The mall is being rebuilt from scratched. Originally slated to be reopened in 2020, the mall will be re-opened in June 2019. The revamped mall will have a 24-hour drive-thru, underground walkway to City Hall MRT station, Adelphi and Capitol Theatre. It also will have serviced apartments and offices as well. New Updates on 3 June 2019: Funan has achieved 92 per cent in commitment for retail leasing to date as well as 98 per cent in pre-leasing commitment for its twin office blocks, according to a joint media statement by CapitaLand Mall Trust's (CMT) manager and CapitaLand on Monday morning (June 3). The mall will welcome shoppers again on June 28, two months ahead of its original schedule after a three-year redevelopment.
    • Building Components Ancillary Facilities
      Basement
      Bridge
      Carpark
    • Subcontracting Components Air Conditioning
      Automation System
      Ceilings
      Cement
      Doors
      Flooring
      Furniture
      Lifts
      Lighting
      Paint
      Plumbing & sanitary ware
      Precast concrete
      Reinforced -concrete framework & structures
      Roofing
      Security system
      Smoke alarms / fire detection system
      Electrical works
      Waterproofing
      Windows
      Telecommunications
      Escalators
      Built-in furniture
      Glass
      Kitchen equipments and supplies
      Drainage System
    • Floor area82357 sqm
    • Number of Units279
    • Lot00309X, 00310K, 00311N, 00312X & 00324K TS10
    • NumberA0506-00057-2014
    Approved Dates
    • Provisional Permission (URA) xx/xx/xxxx
    • Written Permission (URA) xx/xx/xxxx
    • Building Plan xx/xx/xxxx
    • Structural Plan xx/xx/xxxx
    • Permit to Commence Works xx/xx/xxxx
    • Civil Defense Shelter Plan xx/xx/xxxx
    • Temporary Occupation Permit xx/xx/xxxx
    • Certificate of Statutory Completion xx/xx/xxxx
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