When asked if UOL and SingLand are concerned about an oversupply of hotels in the precinct, Liam says: “There is room to create a hyper-mix there that makes the place much richer, much more compelling as a destination... even [catapulting] it to world-class standing.”
UOL Group’s most exciting project is likely to be subsidiary Singapore Land Group’s (SingLand) plans for the Marina Square complex, where three new components will be rising from the current site.
“It is a very complex project that took us years to get to where we are,” says Liam Wee Sin, group CEO of UOL. “Marina Square is a very strategic location in the heart of the CBD, with great waterfront views. With nine hectares right smack in [the middle of] the city, it’s got that great transformational contribution that can be availed to the city. This is actually a precinct that has got a lot of attention in terms of real estate, attraction and architecture. It will be a hyper-mixed development, with three new additions.”
