Savills Singapore, in partnership with Arup Singapore, has been selected to assist in developing and designing a $70m airframe repair facility. Singapore-listed engineering firm ST Engineering.
Lentor Mansion Condo by TID Hong Leong securing the site with a remarkable bid of $276,360,000.
In a Sept. 23 press announcement, Savills says that as the consultant project manager it will collaborate in close collaboration alongside ST Engineering across the entire project’s lifecycle, starting with due diligence to design, procurement, and construction of the new facility.
The 904,176 sq ft maintenance repair, and overhaul (MRO) facility in Changi Creek will have four hangar bays that will be able to service widebody aircraft, as well as the hybrid painting and maintenance area. One hangar area is scheduled to be completed by mid-2025 and the next three before the end of 2026.
Vincent Lau, senior director and director of the project department at Savills Singapore, says the project is the company’s fifth major industrial greenfield development that was secured with the help of its project managers over the past two years. “It is a proof of the trust and confidence the clients of our firm have put on Savills to be one of the most reputable consultants in the real estate and construction market,” he adds.