Singapore, 28 March 2018 - Japanese property developer, Kajima Development Private Limited (“Kajima”), and Asia’s leading media organisation, Singapore Press Holdings Limited (“SPH”), jointly unveiled today their latest and most ambitious mixed development to date, The Woodleigh Residences and The Woodleigh Mall, at an exclusive groundbreaking ceremony. This winning collaboration brings together Japanese craftsmanship and Singaporean retail expertise into the homes and shopping mall.
The development features an integrated residence, shopping mall and transport hub, with direct access to Woodleigh MRT Station and Singapore’s first air-conditioned basement bus interchange. The residences will enjoy picturesque views of lush greenery and serene waters. As part of community building, Kajima and SPH will work with the People’s Association (PA) and the Singapore Police Force (SPF) to build a 6,000 square metre Community Club and a 2,200 square metre Neighbourhood Police Centre.
Located at the junction of Upper Serangoon and Upper Aljunied Road, the development is within 1 - 2km catchment of popular primary, secondary and international schools.
Considered as the Jewel of the Bidadari Estate Master Plan, the development is well-placed to be the heartbeat of Bidadari as the Master Plan unfolds. It will play a key role in the “community in a garden” concept.
Mr Keisuke Koshijima, Senior Managing Officer said: “We are proud to have SPH as our partner in this residential and commercial mixed-use development project in Woodleigh which is integrated with a transportation hub. With this great opportunity to develop a landmark project with SPH, Kajima will contribute its technologies and proven experiences to set a new standard in Singapore's real estate.”
Dr Lee Boon Yang, Chairman of Singapore Press Holdings said: “SPH's diversification into properties is an important element in our strategy to seek out new opportunities to add to our core media business. I believe that our good track record and Kajima’s strong development and construction capabilities, as well as the site’s inherent potential, will come together to contribute to the success of this project.”
REFINED LIVING, DELIGHTFUL SHOPPING
Over 600 premium residences overlooking Alkaff Lake and Bidadari Heritage Walk, and a retail/commercial component close to 28,000 square metre gross floor area, it will be a much sought-after lifestyle for families to live, shop and explore the natural environment that surrounds it.
CLOSE TO THE CITY, YET CLOSE TO TRANQUILITY
Located at the city-fringe, Central Singapore is easily accessible by major transport nodes – MRT, buses and private cars. Residents get to enjoy both the close proximity to the city, and also a short escape to tranquility into the “community in a garden”.
THE WOODLEIGH RESIDENCES AND THE WOODLEIGH MALL AT A GLANCE:
Jointly issued by Singapore Press Holdings Ltd. (Co. Regn. No. 198402868E) and Kajima Development Pte. Ltd. (Co. Regn. No. 201633752R)
For more information, please contact:
Mr Winfrid Wong
Assistant Marketing Manager
Kajima Development Private Limited
DID: +65 6340 3179
Ms Chin Soo Fang
Head, Corporate Communications & CSR
Singapore Press Holdings Ltd
DID: +65 6319 1216
Ms Rebecca Chee
Executive, Corporate Communications & CSR
Singapore Press Holdings Ltd
DID: +65 6319 1124
About Kajima Corporation
Kajima Corporation, founded in 1840, is the leading contractor, engineer and real estate developer in Japan, with an extensive track record of overseas real estate developments. Kajima’s global footprint operates through subsidiaries in Asia, North America, Europe, and Oceania. The company’s real estate projects include Senayan Square in Jakarta, Indonesia, one of Asia’s largest multi-purpose developments that left a profound mark on Jakarta’s real estate landscape. Kajima also offers high-quality engineering services in Asia through its Engineering Division and Kajima Technical Research Institute in Singapore. Kajima has its stock listed on the first section of Tokyo Stock Exchange and is a constituent of Nikkei 225 Index. Its consolidated turnover reached JPY1.8 trillion in the financial year ended 31 March 2017.
For more information, please visit https://www.kajima.co.jp/english/
About Singapore Press Holdings Ltd.
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
SPH's core business is publishing of newspapers, magazines and books in both print and digital editions. It also owns other digital products, online classifieds, radio stations and outdoor media.
On the property front, SPH owns 70% in a real estate investment trust called SPH REIT which comprises Paragon, a premier upscale retail mall and medical suite/office property in Orchard Road and The Clementi Mall, a mid-market suburban mall. SPH also owns and operates The Seletar Mall. It is developing a new commercial cum residential site at Woodleigh. It also has a stake in Chinatown Point.
It is in the aged care sector and owns Orange Valley, Singapore’s largest private nursing home operator.
SPH runs a regional events arm and a chain of Buzz retail outlets. It also invested in the education business.
For more information, please visit www.sph.com.sg