Monday, November 11, 2013

Potential Growdth of Tanjong Pagar Area !

Clermont Residence is the part of the mega project Tanjong Pagar Centre

Singapore Tourism Board has affirmed it commitment to develop Tanjong Pagar as a major cruise hub and have showcase the new cruise terminal design for the first time at the Sea Trade Cruise Shipping Convention 2009 in Miami, USA from 17 to 19 March 2009. It was announced in 2008 that Singapore would build a new International Cruise Terminal at Marina South and to double its current cruise handing capacity. On 2 October 2009, STB marked a major milestone in the construction of the ICT bringing Singapore closer to realizing its aspiration to be the cruise hub in the region. The ICT will double Singapore's berth capacity and enable more cruise ships to homeport and call on Singapore and Asia is to be completed by the end of 2012. It is designed and built to complement the exiting Singapore Cruise Center at the Southern Waterfront precinct.


This new terminal is expected to meet the project growth of the Asia-Pacific cruise industry, which constitutes about 7 percent of the world' s cruise market today. The region continues to be a vital source of cruise passengers as well as an exotic and desirable destination for avid cruise passenger from the Western markets. On 22 December 2011STB announced that SATS-Creuers Cruise service Pre Ltd, a joint venture between SATs Ltd. (SATs) and Creuers del Port de Barcelona S.A. (creuers), has been appointed the operator for Singapore's International Cruise Terminal(ICT) for a ten-year term and is expected to commence the initial phrase of operations in the second quarter of 2012.



Sea-view offices and residential units of Clermont Residence have clear direct view of this land reclaimation and construction currently undergoing way, and when completed will be at the edge of Tanjong Pagar, witnessing the cruise market growth as Singapore poise itself to be a major cruise hub in Asia.


The development of VivoCity, St James Power Station, Harbour Front Center, Harbourfront Tower and Residential projects at Keppel Bay did not just happen. Star Cruise was celebrating 10 years in Singapore back in year 2003, they see the growth and how cruise could be an important appeal in attracting tourists from China and India, and encourage STB and the government to invest in the cruise industry to transform Singapore into a cruise hub status.


In the same year, PSA divested its non-core business and Singapore Cruise Center Pre Ltd took over the management of Singapore Cruise Center. North East MRT Line is completed connecting the Cruise Center with Rapid Transit Access. With the take over, Singapore world Trade Center was renamed to Harbour Front Center and the construction work for Vivocity begins.


Clermont Residence will bring you an opportunity to approach the development of Singapore Business. You can find your way and future here.

Don't miss!!! Contact with us soon to find an opportunity for yourself