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Republic Plaza (Singapore)

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development, and started negotiations with the partners in the joint venture regarding jointly developing the building, which resulted in CDL taking a 50% stake in the project. Further land acquisition for the project was carried out between 1987 and 1989. Construction began in December 1991, and the first tower was completed by December 1995. Plans for the second tower were drawn up after a change in the gross floor calculation by the
512:, and ING was in talks regarding a move to the same building. ING and Itochu moved out of Republic Plaza in the third quarter of 2017, followed by Bank of Tokyo-Mitsubish UFJ, until then the building's main tenant, by the end of that year. Subsequently, around 60,000 square feet (5,600 m) of the vacated office space was taken up by co-working operator Distrii, which opened a co-working space at Republic Plaza in May 2018. 101: 1935: 516:
refurbishment works were carried out between April 2018 and September 2019. These works comprised upgrading of the lifts, lobbies, and common areas, work was also carried out at the retail podium, with 3,400 square feet (320 m) of carpark space converted to retail, and existing retail areas were upgraded to handle higher footfall and to allow for more food and beverage outlets.
292:. It comprises two towers and a 10-storey podium. The first tower, Republic Plaza I, has 66 floors and a height of 280 metres (920 ft), and has a varying octagonal-cross section, while its interior allows for flexible space usage by tenants. The second tower, Republic Plaza II, is 23 stories tall, while the podium contains a three-floor retail area. 444:
negotiations with several potential tenants by June 1994, and the building's steel frame was completed in December 1994. With the completion of Republic Plaza's superstructure, the partners held a topping out ceremony for the development in March 1995, and the completed tower received its temporary occupation permit in December 1995.
359:(JLW) in the mid-1980s. The development comprised 3 blocks of 62, 11, and eight floors, and was to occupy a 7,800 square metres (84,000 sq ft) site bounded by Malacca, Cecil, Market, and D’Almeida streets. It was to be developed by a joint venture between a consortium of several Japanese firms, including 394:, an attempt by CDL to get a stake in Republic Plaza's development. CDL promptly started talks with the joint venture over jointly developing Republic Plaza. The talks concluded in April 1988 with an agreement, under which CDL took a 50% stake in the project, while the other partners, C. Itoh, Land Equity, and 401:
While negotiations with CDL were underway, the C. Itoh-Land Equity joint venture continued acquiring land for Republic Plaza, purchasing five plots on the development's planned site in December 1987 for about S$ 64 million. CDL made further land purchases at the development's site after it took
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Republic Plaza was constructed using labour-saving techniques such as prefabrication, allowing for reduced construction times and building costs. For these methods, along with its modular design, the building received the top prize in Fiabci's Best of the World Real Estate competition in May 1997.
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also reported that the decision to build the second tower was made after URA changed the gross floor area calculation for buildings to include lift shafts only for the ground floor, allowing the joint venture to build the second tower without incurring additional charges. Work on the second tower
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and a central core, and has a varying octagonal cross-section, with the longer sides on the upper floors turned 45 degrees from those at street level. The tower's exterior comprises polished granite and blue glass panels. The tower's interior was designed for flexible use of space by tenants, and
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In light of the major tenants moving out of the building that year, in February 2017, CDL announced plans to refurbish Republic Plaza upon the departure of the major tenants in an attempt to bring the building in line with the latest office buildings in Singapore. Costing S$ 70 million, the
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in 1993 allowed for its construction without additional development charges. Construction of the second tower commenced in November 1995, and it was completed by January 1997. CDL bought out the other partners' stakes in February 1996, and Republic Plaza was officially opened on 25 January 1998.
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Initially conceived by Jones Lang Wootton in the mid-1980s, development of Republic Plaza was to be carried out by a joint venture between C. Itoh, Land Equity, and several other Japanese firms. However, in July 1987, City Developments Limited (CDL) purchased two plots on the planned site of the
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ceremony was conducted on 10 December 1991, and foundation works commenced in the same month. The foundations were completed in December 1992, and construction of Republic Plaza’s superstructure was underway by January 1993. JLW, which acted as the development's marketing agent, had started
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from several banks. According to CDL, both schemes were well-received, and it had secured all the money by January 1996. In addition, in accordance with the 1988 agreement made between the partners, CDL bought out C. Itoh's and Shimizu's stakes in the development in February 1996 for S$
398:, had stakes of 23%, 20%, and 7% respectively. The other partners were also expected to sell their stakes to CDL once the development was completed. Land Equity subsequently withdrew from the Republic Plaza project in January 1990, selling its stake to CDL for S$ 19 million. 459:
To finance the second tower's construction, and to refinance its existing loans for the development, CDL announced in November 1995 that it would be raising S$ 280 million in fixed rate bonds, and would be taking a S$ 420 million term loan facility arranged by
406:(URA) land sale in June 1989, CDL bid S$ 140 million for a 2,366 square metres (25,470 sq ft) plot adjacent to the Republic Plaza site along Cecil Street with the intention of incorporating it into the development, but it was outbid by 418:
reported that, according to several bankers that it spoke to, the loan facility was to comprise three tranches, which were to be provided by several Japanese leasing firms, such as Showa Leasing and Century, several Japanese banks, like the
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a stake in the project, purchasing the CYS building at the junction of Malacca and Market Streets for S$ 16 million in October 1988, followed by the adjacent FIDVI Building for S$ 17 million in March 1989. In addition, in an
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and Straits Steamship Land. Following this, CDL announced in January 1990 that it had revised the plans for Republic Plaza to exclude the state land along Cecil Street and include the sites of the CYS Building and FIDVI Building.
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Republic Plaza consists of three buildings, the 66-storey Republic Plaza I, the 23-storey Republic Plaza II, and a 10-storey podium linking the two towers (Plaza I and Plaza II) Republic Plaza I was designed by
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Republic Plaza II faces Malacca Street, and rises from the 10-storey podium. The complex also includes a three-floor, 241,000 square feet (22,400 m) retail area, and its basement is linked to
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on 25 January 1998. At the time of its opening, the development had a total of 800,000 square feet (74,000 m) of lettable space, large portions of which were leased by banks such as
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Banks, and by several Singapore-based Japanese banks and a Singaporean bank, respectively. The loan facility, with a final value of S$ 630 million, was secured by November 1990.
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In the mid-2010s, with the development of new office buildings in Singapore, several major tenants in Republic Plaza chose to move out instead of renewing their leases.
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allowed for the retrofitting of inter-floor connections where necessary. In addition, like other skyscrapers built in Singapore during that time, such as the
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After several major tenants moved out of the building in the mid-2010s, CDL renovated Republic Plaza from 2018 to 2019 for S$ 70 million.
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While the first tower was under construction, plans were drawn up for a second tower for the development, details of which were reported in
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To fund the project, the partners negotiated with several banks for a loan facility worth about S$ 600 million.
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in April 1995. 10-12 storeys high, the tower was to have 85,000 square feet (7,900 m) of lettable space.
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mentioned that the joint venture was planning to take over two plots on the Republic Plaza site from the
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Rashiwana, Kalpana (25 February 2016). "Major Japanese bank in advanced talks for space in Marina One".
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commenced in November 1995, and it received its temporary occupation permit in January 1997.
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Rashiwana, Kalpana (24 February 2017). "CDL plans to spruce up flagship office building".
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reported in February 2016 that Bank of Tokyo-Mitsubishi UFJ was planning to move to
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Khoo, Lynette (3 September 2016). "Marina One gains from 'flight to efficiency'".
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in March 1987, which noted that it had been in the works for at least six months.
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Lam, Fiona (29 September 2019). "Republic Plaza reopens after S$ 70m revamp".
363:, and Land Equity. Details of the project were first disclosed in a report by 1954: 1821: 1606: 473: 356: 285: 135: 44: 31: 388:(CDL) in July 1987 for S$ 51 million, in, according to Lee Han Shih of 1886: 1881: 1731: 1519: 1811: 1761: 1696: 1631: 1596: 1581: 1511: 509: 1791: 1681: 631: 505: 407: 281: 1876: 1851: 1611: 555: 485: 477: 461: 319: 289: 489: 1468:"China's co-working space operator, CDL ink tech joint venture". 578: 314:, and with a height of 280 metres (920 ft), was, along with 100: 1746: 944:"Republic Plaza Project to Go Ahead with or without Hong Leong" 360: 124: 1576: 1392:"CityDev to Rake in $ 80m Rental Income from Republic Plaza" 355:
The Republic Plaza project was initially conceptualised by
1136:"CityDev, partners get $ 630m facility for Republic Plaza" 1616: 1255:"Asking rentals shoot up to $ 9.50 psf at Republic Plaza" 508:, while by September, Itochu had secured office space in 1162:"Ground-Breaking for Two Building Projects Worth $ 1.5b" 830:"CDL's Republic Plaza clinches top international award" 674:. Singapore: The Images Publishing Group. p. 110. 59:
Commercial property, Retail in Raffles Place, Singapore
1340:"City Developments Raising $ 700m for Republic Plaza" 1001:"CityDev Ups Its Republic Plaza Project Stake to 70%" 702:"Third contender for tallest building in Singapore" 1082:"Developers Bid Record Prices for URA Prime Sites" 971:"City Dev Embarks on $ 650m Raffles Place Project" 917:"City Dev in Raffles Place Land Deal Worth $ 51 m" 1055:"CityDev Bags Last Republic Plaza Site for $ 17m" 860:"Republic Plaza Project Takes off with Land Sale" 480:, which also had a banking hall in the building, 1952: 1366:"CDL Buys out Republic Plaza Partners for $ 47m" 582:. Archived from the original on March 13, 2016. 1572:CapitaSky (formerly known as 79 Robinson Road) 729:"Eco-tech offices set standard for the future" 1535: 759:"CityDev's Republic Plaza Gets a Bonus Tower" 468:Republic Plaza was officially opened by then- 1549: 1188:"Construction Work on Republic Plaza Begins" 1109:"Wrapping up $ 600m Loan for Republic Plaza" 1028:"CityDev Buys Office Block in Raffles Place" 1314:"65% of Republic Plaza II Space Snapped Up" 890:"Building to Rival OUB Centre on the Cards" 804:"Republic Plaza design cuts building costs" 1662:Marina Bay Financial Centre Towers 1, 2, 3 1542: 1528: 1214:"City Dev Starts Marketing Republic Plaza" 241:Kisho Kurokawa Architects & Associates 227:102,899 m (1,107,600 sq ft) 1452: 1448: 1446: 1434: 1415: 1413: 1320:. Singapore. 15 February 1997. p. 37 1282: 1280: 1278: 1276: 1243:. Singapore. 7 December 1994. p. 40. 1168:. Singapore. 11 December 1991. p. 40 994: 992: 883: 881: 853: 851: 782: 780: 1976:Skyscraper office buildings in Singapore 1398:. Singapore. 19 January 1998. p. 48 1372:. Singapore. 1 February 1996. p. 39 1346:. Singapore. 8 November 1995. p. 39 752: 750: 699: 695: 693: 691: 645:"Republic Plaza's Second Tower Launched" 1722:One Raffles Quay North and South Towers 1294:. Singapore. 20 January 1996. p. 6 1194:. Singapore. 2 January 1993. p. 36 726: 244:RSP Architects Planners & Engineers 14: 1996:20th-century architecture in Singapore 1953: 1443: 1410: 1273: 989: 935: 878: 848: 777: 727:Fossick, Christopher (29 March 1995). 669: 651:. Singapore. 23 April 1996. p. 39 526:List of tallest buildings in Singapore 1523: 1472:. Singapore. 18 May 2018. p. C2. 1261:. Singapore. 2 March 1995. p. 34 1220:. Singapore. 16 June 1994. p. 39 756: 747: 688: 550: 548: 546: 1934: 1419: 1106: 1079: 836:. Singapore. 26 May 1997. p. 51 700:Tripathi, Salil (11 December 1991). 672:101 of the World's Tallest Buildings 378:Overseas Chinese Banking Corporation 1133: 1052: 1025: 998: 968: 941: 914: 887: 857: 801: 786: 24: 1961:Office buildings completed in 1995 1797:South Beach North and South Towers 1134:Lee, Han Shih (22 November 1990). 543: 25: 2007: 1832:The Sail @ Marina Bay Towers 1, 2 942:Raj, Conrad (19 September 1987). 858:Lee, Han Shih (3 December 1987). 384:. 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Singapore. p. 12. 1406:– via NewspaperSG. 1354:– via NewspaperSG. 1328:– via NewspaperSG. 1269:– via NewspaperSG. 1228:– via NewspaperSG. 1202:– via NewspaperSG. 1176:– via NewspaperSG. 1150:– via NewspaperSG. 1123:– via NewspaperSG. 1096:– via NewspaperSG. 1069:– via NewspaperSG. 1042:– via NewspaperSG. 1015:– via NewspaperSG. 985:– via NewspaperSG. 958:– via NewspaperSG. 931:– via NewspaperSG. 904:– via NewspaperSG. 874:– via NewspaperSG. 844:– via NewspaperSG. 818:– via NewspaperSG. 791:. Singapore. p. 13. 773:– via NewspaperSG. 743:– via NewspaperSG. 716:– via NewspaperSG. 659:– via NewspaperSG. 478:Bank of Tokyo-Mitsubishi 206:280 m (920 ft) 1582:Asia Square Towers 1, 2 1457:. Singapore. p. 6. 1088:. Singapore. p. 48 1061:. Singapore. p. 27 1034:. Singapore. p. 33 1007:. Singapore. p. 47 950:. Singapore. p. 23 896:. Singapore. p. 28 866:. Singapore. p. 18 735:. Singapore. p. 40 670:Binder, George (2006). 232:Design and construction 1837:The Orchard Residences 1817:Swissôtel The Stamford 1702:Ocean Financial Centre 1587:Bank of China Building 1491:DBS Building Tower One 1115:. Singapore. p. 5 977:. Singapore. p. 1 923:. Singapore. p. 1 810:. Singapore. p. 2 765:. Singapore. p. 1 708:. 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Singapore 510:Guoco Tower 486:ING-Barings 305:Description 216:Floor count 48: / 1955:Categories 1792:SGX Centre 1682:Marina One 1506:1995–2016 632:Structurae 537:References 506:Marina One 429:Mitsubishi 316:OUB Centre 282:skyscraper 267:References 224:Floor area 190:Management 1877:AXA Tower 1612:Comcentre 496:The 2010s 320:UOB Plaza 290:Singapore 249:Developer 161:Completed 1927:Category 1483:Records 588:cite web 520:See also 490:Rabobank 462:Citicorp 425:Sumitomo 408:DBS Land 351:Planning 131:Location 1939:Commons 1402:20 June 1376:20 June 1350:20 June 1324:20 June 1298:20 June 1224:20 June 1198:20 June 1172:20 June 1119:19 June 1092:19 June 1065:19 June 1038:19 June 1011:19 June 981:18 June 954:18 June 927:18 June 900:18 June 870:18 June 769:20 June 655:20 June 579:Emporis 361:C. Itoh 346:History 169: ( 151: ( 72:Chinese 1747:mTower 1265:8 July 1146:2 July 840:2 July 814:2 July 739:9 July 712:2 July 678:  318:, and 198:Height 125:Retail 74:: 1577:Altez 280:is a 180:Owner 88:Tamil 80:Malay 1404:2023 1378:2023 1352:2023 1326:2023 1300:2023 1267:2023 1226:2023 1200:2023 1174:2023 1148:2023 1121:2023 1094:2023 1067:2023 1040:2023 1013:2023 983:2023 956:2023 929:2023 902:2023 872:2023 842:2023 816:2023 771:2023 741:2023 714:2023 676:ISBN 657:2023 594:link 488:and 427:and 380:and 203:Roof 171:1996 164:1996 153:1991 146:1991 117:Type 76:共和大廈 1617:DUO 629:at 472:Mr 284:in 1957:: 1445:^ 1412:^ 1394:. 1368:. 1342:. 1316:. 1290:. 1275:^ 1257:. 1216:. 1190:. 1164:. 1138:. 1111:. 1084:. 1057:. 1030:. 1003:. 991:^ 973:. 946:. 919:. 892:. 880:^ 862:. 850:^ 832:. 806:. 779:^ 761:. 749:^ 731:. 704:. 690:^ 647:. 610:. 590:}} 586:{{ 576:. 558:. 545:^ 492:. 484:, 423:, 338:. 288:, 219:66 134:9 90:: 82:: 1543:e 1536:t 1529:v 1380:. 1302:. 684:. 616:. 596:) 562:. 173:) 155:) 20:)

Index

Republic Plaza, Singapore
1°16′58.01″N 103°51′3.60″E / 1.2827806°N 103.8510000°E / 1.2827806; 103.8510000
Chinese
Malay
Tamil

Commercial property
Retail
Raffles Place
City Developments Limited
Kisho Kurokawa Architects & Associates
Shimizu Corporation
skyscraper
Downtown Core
Singapore
Urban Redevelopment Authority
Kisho Kurokawa
OUB Centre
UOB Plaza
moment-resisting frame
Millenia Tower
Raffles Place MRT station
Jones Lang Wootton
C. Itoh
The Straits Times
Overseas Chinese Banking Corporation
Great Eastern Life
City Developments Limited
The Business Times
Shimizu Corporation

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