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Singapore Emeritus Senior Minister Goh Chok Tong has visited CapitaLand’s Raffles City Chongqing project in China, which is about 80 percent completed and on track to open in phases from the second quarter of 2019.
Singapore’s biggest single development in China at RMB24 billion (about S$4.9 billion), the project is considered a symbol of the two countries’ strong ties.
It will house the Sino-Singapore Collaboration Centre, an initiative by Chongqing’s Yuzhong District government and CapitaLand aimed at bridging firms “pursuing cross-border expansion to the immense growth opportunities in Chongqing”.
Occupying a 9.2ha site, Raffles City Chongqing comprises a retail podium and eight skyscrapers for office, hotel, serviced residence and residential use.
In a release, CapitaLand revealed that the 1.12-million-sq m megastructure “brings together a 230,000-sq m shopping mall, 160,000-sq m of Grade A office space, 1,400 residential apartments, Ascott Raffles City Chongqing serviced residence and a luxury hotel – with a total construction floor area of 1.12 million sq m and gross floor area (excluding car park) of about 817,000 sq m”.
It also features a 250-metre-high sky bridge that sits atop four skyscrapers and connected to two other skyscrapers by cantilever bridges.
“Featuring a host of architectural and engineering breakthroughs, Raffles City Chongqing boasts the world’s highest sky bridge linking the most number of towers, China’s tallest residential tower and Chongqing’s tallest building,” it said.
Raffles City Chongqing is the eight Raffles City development of CapitaLand in China. The seven others in Chengdu, Beijing, Hangzhou, Shanghai (with two Raffles City developments), Ningbo and Shenzhen are operational.
Including Raffles City Singapore, CapitaLand’s nine Raffles City developments span about four million sq m and will be worth around $15.0 billion when fully completed.
Eugenia Rosaline Shlaen edited this story. To contact her about this or other stories, email eugenia@propertyguru.com.sg
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