Post by Jovi Ho
Property Editor at The Edge Singapore
Ready for the remix: A multi-million-dollar revamp signals a new phase for Zouk Group at Clarke Quay, targeting larger crowds, new revenue streams and an expanded Mice focus. The latest revamp ushers in what CEO Andrew Li calls “Zouk 3.0” — a refresh of all four rooms on the premises. The Zouk Mainroom, Phuture and Capital — which operate independently but can be integrated into a larger space — can host up to 3,500 guests. The new spaces come with extensive audio, visual and lighting infrastructure, including large-format LED walls. RedTail Bar has been revamped as Rally Clubhouse — a new day-to-night social concept that operates as a co-working space in the day and a bar by night. Nostalgic partygoer Felicia T. has the cover story. Also in this week’s 16-page bumper issue of City & Country: ➪ [GLS SITES] Sunway MCL Limited, CSC Land Group JV tops four bids for River Valley Green (Parcel C) GLS site at $1,730 psf ppr ➪ [OFFICE] How Beach Road is closing the gap with Singapore’s prime CBD, by Tahlil Khan & James Short of JLL ➪ [MARKET WATCH] Adaptive reuse of state properties allows for ‘urban experimentation’: SLA chief ➪ [RETAIL] Orchard Road’s ambitious recalibration: Who wins, who loses? by Alice Tan of Knight Frank Singapore ➪ [DATA CENTRES] Asia-Pacific data centre market set to triple by 2030 as AI drives demand: Asia Pacific Real Assets Association (APREA) ➪ [BRIEFS] Industrious, formerly The Great Room, to open in Shaw Tower this November ➪ [MARKET WATCH] Singapore property sentiment index plummets into ‘pessimistic territory’ ➪ [OFFSHORE] Vietnamese developer Sun Group extends Phu Quoc ‘destination ecosystem’ with direct flights ➪ [HOSPITALITY] Muslim tourists set to drive US$310 mil in annual spend by 2030 ➪ [OFFSHORE] Bursa-listed Eastern & Oriental Berhad launches RM1 bil AVÉA, its latest phase at Andaman, Penang, by The Edge Malaysia ➪ [OFFSHORE] Bukit Kiara longhouse families get permanent homes as Taman Rimba Kiara development shrinks to 5.76 acres, by The Edge Malaysia ➪ [OFFSHORE] JB e-ART project at crossroads amid federal-state dispute, by The Edge Malaysia ➪ [OFFSHORE] Beachfront Port Dickson land on the market for about RM15 mil, from The Edge Malaysia ➪ [VIEWS] How Singapore’s micro-climates affect the longevity of our homes, by Loren Jesica Ng ➪ [BRIEFS] 9ha pharmaceutical plant at 21 Tuas South Avenue 6 for sale at $90 mil ➪ [BRIEFS] Freehold five-storey shophouse at 42 South Bridge Road for sale at $33.4 mil City & Country is the property news section of The Edge Singapore, a print business weekly that has covered Singapore’s capital markets for nearly 25 years. Subscribers can now access the full issue online and in print. Get premium access to business and market insights at only $1.90/week with a one-year plan. Prefer a print copy? Have it delivered to you for less than $2.70 a week: https://lnkd.in/gTMPSBeV