Located along the Singapore River at the fringe of Singapore’s Central Business District, Clarke Quay is a unique conserved landmark with beautiful shophouses as well as restored waterfront godowns, which were Singapore’s key warehousing facilities in the nineteenth century. Owned by CapitaLand Integrated Commercial Trust (CICT) and managed by CapitaLand Investment Limited (CLI), Clarke Quay is extending its appeal from a nightlife attraction to a day-and-night destination with a 44.8 million USD (S$62.0 million) asset enhancement initiative (AEI).
The scope of the AEI includes improving the daytime thermal comfort of the property’s inner streets, introducing tenants with an exciting blend of lifestyle,enhancing the selection of day-and-night dining options, updating the outdoor refreshment areas, and working with tenants to make the property a pet-friendly attraction. Adjacent to the site are the CanningHill Piers, which are also developed by CapitaLand and currently under construction.
Popularly known as “CQ” for short, the property has added its initials to its name and will be marketed as “CQ @ Clarke Quay” locally and internationally to reflect its modern interpretation of Clarke Quay’s rich heritage.