Singapore is building a 63-storey mixed-use skyscraper at Shenton Way, in the CBD area, with the building expected to be completed by 2028, according to ChannelNewsasia.
The building is set to be the tallest skyscraper in Singapore.
According to the Urban Redevelopment Authority, the maximum approved height for a building in Singapore is 305m, which is planned for the upcoming skyscraper.
The current tallest building in Singapore is the Guoco Tower, standing at 284m, and more than 20m shorter than the planned skyscraper.
A spokesperson for URA said that the allowable building heights are subject to technical requirements as well as an evaluation based on the respective site context.
According to CNA, Forbes reported that the building is expected to hit completion by 2028.
The upcoming skyscraper is set to be built at 8 Shenton Way, at Tanjong Pagar, where a 50-storey building currently sits (former AXA Tower).
At the time of writing, the Guoco Tower is the only building in Singapore to be taller than 280m.
The new skyscraper is planned to include retail, restaurant, office, hotel and residential spaces, as well as a pedestrian link underground.
It will take up a total gross floor area of 148,450m2, with about 59% of the permitted gross floor area being used for commercial purposes, and 49,421m2 will be for about 215 residential apartments with sky terraces.
The planned hotel will take up 6,775m2 and consist of 11 suites, and the remaining spaces will be for the rooftop, balconies and a recreational space indoors.
Image source: Perennial Holdings Private Limited and Google Maps