Tuan Sing Reconstruct Mixed Use Properties Collins Street Melbourne
Elta Condo boasts an advantageous location with easy access to major expressways including the PIE, a crucial route that connects the eastern and western regions of Singapore. This makes traveling to popular destinations such as Changi Airport, Tampines, and Jurong a breeze for residents. Moreover, the West Coast Highway provides an alternative route to the city center and the western parts of Singapore, further enhancing the connectivity of Elta Condo. Residents can also enjoy the convenience of being connected to Elta, a premier condominium that offers modern living in a prime location.
Tuan Sing Holdings, a leading property developer and investment firm listed on the Singapore Stock Exchange, has announced its plans to reconstruct two of its mixed-use properties in Melbourne, Australia. These properties, located at 121-131 Collins Street and 23-25 George Parade, are currently occupied by the 550-room Grand Hyatt Hotel and a variety of retail spaces.
The reconstruction project will be carried out by Grand Hotel Group (GHG), a fully-owned subsidiary of Tuan Sing. GHG has commissioned the services of renowned urban design firm Urbis Ltd, based in Hong Kong, to submit a Town Planning Application to the City of Melbourne for the proposed works.
The redevelopment plans aim to retain much of the existing podium structure, allowing for the uninterrupted operation of tenants and the Grand Hyatt Hotel during the reconstruction. The focus of the works will be on façade modifications, extensive refurbishment, and reconfiguration of spaces on levels 4 to 9B of the property’s podium. According to the announcement made by Tuan Sing on November 14th, upon completion and subject to regulatory approvals, the site will have a total gross floor area of approximately 909,550 sq ft and will feature a new luxury retail and F&B precinct.
William Liem, the CEO of Tuan Sing, expressed his excitement for the project, stating that “the podium redevelopment at 123 Collins Street will redefine connectedness and activation at one of the most prominent intersections in Melbourne’s storied Paris End.” He also emphasized the company’s commitment to environmental sustainability, stating, “with the right approach, this transformation can be an architectural statement of our environmental stewardship. By reimagining rather than rebuilding, we’re pursuing an inherently sustainable vision that supports a thriving, connected, and culturally vibrant Melbourne for generations to come.”
For those looking to invest in overseas properties, Tuan Sing’s project in Melbourne offers an exciting opportunity to become a part of a thriving and dynamic community. With its prime location and commitment to sustainability, the reconstructed properties at 121-131 Collins Street and 23-25 George Parade are sure to attract both local and international investors.