{"data":{"news":{"items":[{"title":"Mapletree to develop new flagship commercial project in Singapore’s Greater Southern Waterfront","date":"2025-11-05 00:25:11","id":6063,"author":"","blurb":"","blurb_image_uid":"https://dxfpracgmlczp.cloudfront.net/2025/11/1762238670483_0-property-20251028-085149-scaled-ezgif.com-webp-to-jpg-converter copy.jpg","blurb_expanded_image_uid":null,"article":"\n\t\n\n\n

Mapletree Investments has announced plans for its new 123,000 sq m flagship commercial project in Singapore’s Greater Southern Waterfront (GSW). As part of its latest HarbourFront Precinct’s rejuvenation, HarbourFront Centre will be transformed into a landmark that redefines the country’s southern skyline.

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The new 33-storey development pairs upscale retail with premium office space at an established waterfront address with full-fledged amenities. It will comprise 26 floors of Grade A office specifications and five floors of engaging spaces for an experiential visit.

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With a green tapestry cascading from the office tower into a 13,000 sq m elevated verdant park and located adjacent to a newly created stretch of waterfront promenade, tenants and visitors can enjoy views of the Singapore Strait as well as waterfront walks and activities.

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Strategically located within the 24-ha HarbourFront Precinct, the new premium integrated development is flanked by VivoCity in the east, HarbourFront Towers One and Two and the new two-storey cruise and ferry terminal in the west. It is also directly connected to the HarbourFront MRT station with access to the North East and Circle Lines.

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In addition, the development will be complemented with full-height glazing and refined horizontal louvres to improve passive shading for energy efficiency, while optimising the 360° panoramic views of the sea in the south, and the Southern Ridges as well as the city in the north.

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To promote sustainable and green commuting via the coastal cycling network in the GSW, there will be ample bicycle parking and end-of-trip facilities. A range of sustainable elements – including a solar photovoltaic system to reduce reliance on grid energy, sustainable water management practices, a smart lighting system and electric vehicle charging stations – will also be included.

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What’s more, the development prioritises energy efficiency and environmental responsibility, aiming to achieve the BCA Green Mark 2021 Platinum SLE and LEED Platinum certifications.

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To pave the way for the transformative works, HarbourFront Centre is slated for closure in the second half of 2026 and the new development is expected to be completed by the first half of 2031.

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All images: Mapletree

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Mapletree Investments Pte Ltd will be transforming one of Singapore’s national monuments - St James Power Station (SJPS) - into a technology centre with a heritage gallery. It is set to become one of the first elements in the wider ‘live, work, play’ transformation plans for the Greater Southern Waterfront development.
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\nSlated for completion in the second half of 2020, the newly restored and retrofitted power station will provide about 110,000 sq ft of space for Dyson, a leading global technology company. SJPS is expected to increase Dyson’s research and engineering footprint in Singapore two-fold, and sit at the centre of its ambitious global expansion.
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\nBefitting its history, the restored monument will house a Heritage Gallery in one of its distinctive chimneys to showcase its contribution to Singapore as a power station. Complementing that, Mapletree will also create a Heritage Trail around the monument featuring maritime artefacts. According to the company, these plans will be further developed in collaboration with Dyson to demonstrate their care and passion for historical sites as well as their commitment to Singapore and SJPS.

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“SJPS is a treasured and iconic national monument with a rich history. As we move forward, Mapletree aims to revitalise the monument as part of the upcoming Greater Southern Waterfront development,” said Amy Ng, regional CEO for South East Asia & Group Retail at Mapletree. “From its origins as Singapore’s first coal-fired power station, SJPS will soon find a new lease of life as a centre of innovation, generating exciting ideas and future technologies.”

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Mapletree said that SJPS will be integrated with the larger plans for the entire HarbourFront Precinct – owned and managed by Mapletree – to harness the synergy from the wider transformation of the Greater Southern Waterfront, especially when plans for Pulau Brani and the surroundings are activated after the port moves out.

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Historical landmark of Singapore

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The old St James Power Station was erected in 1927 by the Singapore Municipal Commission and served as its first coal-fired power plant supplying electricity to nearby shipyards, industry and residences. Designed as a power plant housing equipment for the production of electric current, it was the largest, most modern, and outfitted with the most up-to-date steam powered machines of its time of construction.
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\nIt is an excellent example of British-influenced industrial building and consists of three interlinked four-storey blocks and two 33-m tall brick chimneys. The ‘Boiler House’ (south block) nearest to the sea, the ‘Turbine House’ (central block) and the ‘Switch Gear House’, with stores and offices (north block).
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\nThe south and central blocks consist of large four-storey high spaces required for the electric power generators, whereas the north block is fitted with regular ceiling heights and smaller spaces and has peripheral open verandas on all floors.
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\nThe red facing brick walls give the building a distinctive image and it is one of the largest buildings with such a facade treatment in Singapore. The red facing bricks are punctuated by large area wall openings to light up the interior spaces with cross balustrades running horizontally across the wall openings.
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\nFrom its completion in 1927, St James Power Station underwent several rounds renovations and expansions to accommodate the rapid growth in electrical demand, including a redesign with new gas turbine generators.

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The power station was decommissioned in 1976 and was converted into Southeast Asia’s first fully automated commercial warehouse in the 1980s. The warehouse operations were discontinued in 1992 and was used intermittently for product launches and promotion events.
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\nTogether with the redevelopment of the exhibition halls of the former World Trade Centre to VivoCity, Singapore’s largest shopping mall, St James Power Station underwent a major renovation in the mid-2000s as an entertainment complex and was gazetted as a National Monument in 2009.
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\nThe lease of St James Power Station as an entertainment complex ended in 2018 and the monument is now undergoing restoration works before starting a new chapter in its long decorated history.

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The current restoration works will focus on emphasising the architectural merits for which the building is being preserved and its importance as a representative of early British industrial style architecture. Internally, the architectural intent focuses on preserving the original spatial quality that comes with the unique building typology of a power station, while intensifying its gross floor area for modern office use. On the exterior, the focus is on creating an appropriate setting upon which the grandeur and clarity of the monument and its facade can be appreciated.

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Conversion of the Monument

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In the refurbishment and conversion of the monument, new floor slabs are sensitively inserted at the south and central blocks in response to the original architectural spaces and its features. Large atrium spaces are introduced at various locations in the Boiler and Turbine houses to retain the feeling of the large cavernous spaces.
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\nSteel roof trusses and columns were used to form the structural frame needed to support the roof cover. These will be restored and retained with new roofing sheets replacing the old. Skylights are introduced at strategic locations to allow light to stream through, including over the atrium between the Boiler and Turbine House, as well as at the jack roof over the Boiler House. The two chimney spaces are retained and repurposed as a heritage gallery on one side and a meeting room on the other.

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The fair-faced brickwork of the historic facade will be carefully and meticulously restored to undo the wear and tear over the years. The large window frames around the external facade will be restored back to steel, with profiles similar to the vintage work. The depth of the frames is enlarged to allow the introduction of double-glazed glass, to achieve the performance required of an environmentally sustainable modern office.

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The foreground will be cleared to create a park-like setting to showcase the grand facades of the monument. A covered walkway linking the buildings and drop-off porch is carefully scaled to meet the functional requirements, while not marring the presence of the monument.

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Mapletree Investments has unveiled the design of its Grade A office twin towers in Ho Chi Minh City (HCMC), Vietnam. Named ‘V Plaza’, the project is being developed in a joint venture with Saigon Co.op Investment Development JSC (SCID).

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When completed in 2023, V Plaza is expected to be the largest office complex in District 7 of HCMC, offering 66,000 sq m net lettable area (NLA) of office space. It aims to meet the demands of local and international businesses in e-commerce/IT, banking and financial services and manufacturing.

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At the same time, Mapletree has opened its first service apartment in Vietnam, Oakwood Residence Saigon, which is also located in HCMC’s District 7.

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Together with the existing SC VivoCity, Mapletree Business Centre, RichLane Residences and Oakwood Residence Saigon, the new V Plaza will complement Mapletree’s 4.4-ha integrated development, Saigon South Place.

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“Having successfully transformed the HarbourFront and Alexandra precincts in Singapore, Mapletree brought its expertise to Ho Chi Minh City and created a ‘Work, Live and Play’ environment at Saigon South Place. Our flagship properties in Singapore are well-received and we target to deliver a very good set of results in Vietnam,” said Edmund Cheng, chairman of Mapletree.

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“Saigon South Place, which started out as a greenfield project has injected vibrancy to today’s District 7. We are confident that Saigon South Place will be a highly sought-after destination because of its proximity to the Central Business District, many international schools, industrial zones as well as the Saigon Exhibition and Convention Centre, providing a one-stop convenience to those living and working nearby,” added Mr Cheng.

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Diep Dung, chairman of SCID commented, “On March 16 seven years ago, SCID and Mapletree celebrated the groundbreaking of SC VivoCity. SC VivoCity attracted occupancy of above 95% in its third year of operation in 2018 and footfall at the shopping mall also increased annually. We look forward to scaling greater heights with Mapletree upon the completion of V Plaza.”

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Since entering Vietnam in 2005, Mapletree is committed to growing its footprint in the country. The company said it will continue to transform more precincts, develop flagship properties and be on the lookout to acquire operating assets that are in line with its strategy. At present, Mapletree owns and manages more than US$1.09 billion of assets in Vietnam.

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