Plans
Singapore's largest conglomerate, the Keppel group, has announced plans to build exclusive villas on the 5.3 hectare Keppel Island that it owns in Keppel Bay at Keppel Harbour — home to a shipyard until 2000.
The group will also launch a condominium designed by renowned architect Daniel Libeskind, who is designing the masterplan for New York's ground zero site. The 1,200-unit waterfront condominium — known as Keppel Bay phase two — will be launched in early 2007. It will sit on about 84,000 square metres of land on the mainland opposite Keppel Island, with a shoreline of 750 metres. It will have six high-rise blocks and some spacious low-rise apartments.
The condominium will be part of the 4,860,000 square feet (452,000 m2) Keppel Bay mega development, which is 70 per cent owned by Keppel Corp and 30 per cent by its unit Keppel Land. About 2,800 homes are set to be built, including the existing 969-unit Caribbean at Keppel Bay.
The most exclusive homes of the lot are likely to be reserved for Keppel Island, where the Marina@Keppel Bay, a separate development, will be completed by late 2007. The marina will have high-end restaurants and tentative plans are for high-end villas and possible condominium units on the island.
A 245 metre cable-stayed bridge, links Keppel Island to the mainland.
Keppel also has two other smaller plots for condominium on the other side of the Caribbean. One is 3.4 ha in size while the other, a joint venture with Mapletree, is 2.9 ha.
Read more about this topic: Keppel Harbour
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