AXA Tower

Project NameThe AXA Tower (Mixed-Development)
Location8 Shenton Way
DistrictD1 – Havelock Road Marina Maxwell New Bridge Raffles Link/ Place
DeveloperAlibaba & Perennial
Tenure99 Years Leasehold
Expected TOP2028
Total no. of Units~218
Site area118,230 sqft

The former AXA Tower site is located at 8 Shenton Way in Tanjong Pagar, in the Central Business District (CBD). The former AXA Tower will be redeveloped by Chinese Internet giant Alibaba and a Singapore-based real estate company Perennial Holdings and is set to be completed by 2028. In 2022, the approval for plans to build a 63-storey mixed-use development, with a maximum approved height of 305m was obtained. The redevelopment is set to be the tallest and one of the most sustainable skyscrapers and it will overtake the 284m-tall Guoco Tower as the tallest building in Singapore.

The former AXA Tower sits on an excellent location. It is right next to the Tanjong Pagar MRT (running on the East West line) with famous Guoco Tower, International Plaza, Oasis Hotel and Carlton City Hotel. The future residences of the new development will be able to enjoy the marvelous view of the CBD along with the convenience of heading to work and CBD areas. Many investors are excited about this new launch as it will be the new ultra-luxurious sky scraper in Singapore!

The redevelopment of the former AXA Tower will see a mixed-use project with 63-storey, 268 apartments, 100 hotel rooms, 847,808 sq ft GFA of offices and 86,187 sqft of retail space. The design has been unveiled by world-renowned architectural design consultant Skidmore, Owings & Merrill (SOM) and local architect partners DCA Architects and it will be one of the first post-pandemic mixed-use towers incorporating health and wellness as its primary design drivers. 

For example, the development incorporates antimicrobial materials, enhanced natural air flow and filtration, and the building design features a stepped and vertical bundling, taking cues from bamboo forests. “The design weaves together nature, heritage, connections to transit, luxury living, healthy workplaces, and lively public spaces into a thriving hub,” says SOM’s design principal Nic Medrano.

Direct underground access to Tanjong Pagar MRT Station

Future Developments

Downtown Singapore has always been the financial and commercial centre of our city. To attract talent, cities are racing to become attractive places that cater to the varied needs of modern lifestyles. In recent years, Singapore have been moving away from a Downtown dominated by offices, to one which is more mixed use and lively after office hours (Under URA Master Plan). Mixed Use developments will accommodate a wider diversity of uses and creative lifestyle possibilities, so that it will not only be an attractive place for work, but also a vibrant place to live and play in. 

Developers - Alibaba & Perennial Holdings

Alibaba is Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. In 2020, Alibaba bought half of the S$1.68 billion (US$1.2 billion) property (Former AXA Tower) and will be redeveloping it into Singapore next Sky Scraper by 2028!

Perennial Holdings is an integrated real estate and healthcare company headquartered in Singapore. As a real estate owner, developer and manager, Perennial focuses strategically on large-scale mixed-use developments and has a presence in China, Singapore, Malaysia, Indonesia, Myanmar and Sri Lanka with a combined portfolio spanning about 80 million sqft in gross floor area.

Floor plan & E-Brochure

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