# The new Shaw Tower marks its debut, 50 years on - **Source:** EdgeProp Singapore - **Published:** 2026-07-06T10:49:20.000Z - **Author:** Cecilia Chow - **Original:** https://www.edgeprop.sg/property-news/new-shaw-tower-marks-its-debut-50-years - **Topics:** Commercial & Industrial, New Launches, Regional Markets ## Featured rationale Its leasing progress and connections to neighbouring developments signal continued office demand around Beach Road, potentially strengthening the wider Ophir-Rochor corridor’s commercial appeal. ## AI summary The 33-storey Shaw Tower secured TOP with 435,000 sq ft of Grade A offices and 21,500 sq ft of retail space, with offices 60% leased. ## Original article Had the original Shaw Tower — once a 35-storey Brutalist icon on Beach Road — still been standing, it would have been 50 years old today. On July 6, it was announced that the new Shaw Tower has secured its temporary occupation permit (TOP). The 33-storey commercial tower at 100 Beach Road has 435,000 sq ft of Grade A office space and 21,500 sq ft of retail space. "Its completion marks a significant milestone in the rejuvenation of the Ophir-Rochor corridor," says Richard Paine, senior adviser at Lendlease Development. Read also: 'Severe' supply crunch to persist for premium offices; leasing demand led by renewals An eight-year journey For Alfred Yeung, general manager of Shaw Towers Realty, who has overseen the project from start to finish, it has been an eight-year journey. It started with the announcement of redevelopment plans by Shaw Towers Realty, a subsidiary of the Hong Kong-based Shaw Foundation and The Sir Run Run Shaw Charitable Trust, in August 2018. A new, updated vision was announced in 2019, and the redevelopment was officially launched in October 2020, with Lendlease appointed to manage the project. Hyundai Engineering & Construction was the main contractor, securing a $202 million contract for the redevelopment. With construction taking place amid the pandemic, the project's completion was delayed by 12 to 18 months. "While there were changes that we had to make along the way, overall we are very pleased with the outcome," says Yeung. Beyond sustainability Shaw Tower is more than just a Grade A office building. "When most people talk about sustainability in new Grade A office buildings, the focus is usually on environmental sustainability, and how green the building is," says Yeung. "Obviously, this is high on the agenda, but we also see the social and economic side, and we want to provide a more holistic approach to sustainability." A year ago, Shaw Foundation Hong Kong announced a tie-up with the National Council of Social Service (NCSS), with about 2,000 sq m (21,528 sq ft) dedicated to community spaces and services focused on mental wellness, arts and heritage. The social services space spans levels 2 to 5. The first two floors (levels 2 and 3) are dedicated to social service agencies under NCSS, while the upper two floors (levels 4 and 5) have spaces and amenities such as meeting rooms and an auditorium, available for use by the various social services as well as other corporate tenants in the building. Read also: Tight supply lifts Singapore office rents even as global headwinds weigh on sentiment Shaw Foundation Hong Kong is also setting up a non-governmental organisation to help curate a tour that educates visitors about the history of the Beach Road area, and has commissioned the National University of Singapore to conduct the research. QR codes will be placed along the pedestrian footpath on Beach Road. Visitors can scan the codes on their phones to learn about the area's history, following a sequence of stories as they move from one point to the next. Visitors are allowed into the building and all its public areas, including the rooftop terrace, which offers spectacular city views, says Yeung. Plans are also underway to organise tours for school children, focused on the Shaw family legacy and the history of Beach Road, he adds. Shaw’s cinema legacy Beyond the artefacts on display, the building also pays tribute to the former Shaw Towers, which once housed the Prince and Jade cinemas, opened in 1976. Prince was once Singapore's largest cinema, with a seating capacity of 1,952. Its debut film was the blockbuster Jaws (1976). The Prince cinema closed in 2008. Old Shaw film footage and movie soundtracks will be played in the building, says Yeung. "We see them as vehicles for mental wellness, especially for the elderly, and we believe these old footages would help with their memory, and slow the onset of dementia." The Shaw family business transcends media and real estate. Brothers Run Run and Runme Shaw began their movie business in Singapore and Malaysia over a century ago, in 1924, by distributing films for their family's Shanghai-based studio. By 1926, they had officially co-established the Shaw Organisation to develop the regional market. Read also: The Great Room to open 36,000 sq ft space at Shaw Tower in 2026 Movie studios and cinemas to real estate In 1958, they formed Shaw Brothers Studio, and three years later, they built Shaw Brothers Movietown at Clear Water Bay, Hong Kong. A movie complex spanning 46 acres (18.6ha), it was once considered the world's largest private film studio, producing over 1,000 martial arts films — the most famous of which include The 36th Chamber of Shaolin (1978), The One-Armed Swordsman (1967) and Five Fingers of Death (1972). The Shaw family sold the Clear Water Bay site to Shanghai-based conglomerate Fosun Group for a total of HK$2.5 billion in two deals transacted in 2014 and 2016, according to the South China Morning Post. It marks the Chinese group’s first residential development in Hong Kong. At a ground-breaking ceremony last month, Fosun Group said it intends to invest HK$10 billion ($1.65 billion) to redevelop the site into a residential development with 800 apartments across 40 blocks and an additional 200,000 sq ft for hotels and commercial space. The Shaw Foundation Hong Kong, however, continues to own the redeveloped Shaw Tower on Beach Road in Singapore. Yeung has seen the rejuvenation of the Beach Road-Bugis area accelerate over the past decade. "I live just down the road, and I've witnessed the entire change taking place in the area." Anchored by Allianz, open to SMEs The office space is 60% leased, with anchor tenant Allianz — the German financial services, insurance, and asset management group — occupying about 78,000 sq ft, equivalent to 4.5 floors. Allianz is moving from CapitaSky at 79 Robinson Road, having previously been at the old Shaw Towers. The average floor plate at Shaw Tower ranges from 18,000 sq ft on the lower floors to 20,000 sq ft on the higher floors. Other multinational office tenants in the building include Amsterdam-based fintech company Adyen, Paris-based biopharmaceutical and healthcare firm Sanofi, Swiss-based biopharmaceutical firm BeOne Medicines — which focuses on oncology and cancer R&D — as well as co-working space provider Industrious. While the majority of enquiries have been for larger floor plates, Yeung says Shaw Tower also welcomes SMEs, including tech startups looking at office space in the 5,000 to 6,000 sq ft range. "We are pleased with the variety and diversity of industries that have shown interest in the building," he adds. According to office specialist Corporate Locations' listings, asking rent at Shaw Tower is about $15 psf per month. Next door, mixed-use development Guoco Midtown's 30-storey Grade A office tower, with 709,000 sq ft of office space, is already 100% leased, according to Singapore-listed property developer GuocoLand in its FY2025 results. The office tower opened in 2023 and is linked directly to Bugis MRT Interchange Station (on the East-West/Downtown lines). Guoco Midtown's 50,000 sq ft of retail, F&B and lifestyle space was fully leased as at January 2024, and is connected to Shaw Tower via a sheltered overhead pedestrian bridge. The covered pedestrian overhead bridge from Guoco Midtown to Suntec City (pictured) across Nicoll Highway links the Beach Road-Bugis area to the broader Marina Bay area (Photo: Samuel Isaac Chua/EdgeProp Singapore) Wellness at the retail podium — and beyond The retail and F&B spaces at Shaw Tower will be centred on a wellness theme. "We like the idea of our retail tenants being part of our community," says Yeung. Besides being linked to Guoco Midtown, Shaw Tower is also connected to South Beach, another mixed-use development along Beach Road, jointly developed by City Developments and IOI Properties Group, which was completed in 2016. South Beach is, in turn, linked underground to Esplanade MRT Station (Circle Line) and has a covered overhead pedestrian bridge leading to Suntec City. At Guoco Midtown, the sheltered overhead pedestrian bridge across Nicoll Highway to Suntec City opened in October 2025. "Before Guoco Midtown and our development, there was a dichotomy between the community at Suntec City on the south of Nicoll Highway, and the Beach Road-Bugis area," says Yeung. "We certainly see our development, together with Guoco Midtown, serving most of the Beach Road area. And we also provide the link to Esplanade and the Marina Bay area through our direct connectivity to South Beach." The Bugis precinct, which sits at the intersection of heritage and new developments, has always held onto its character, observes Lendlease’s Paine. “That makes it one of Singapore’s most distinctive neighbourhoods,” he says. “Shaw Tower builds on that legacy, creating a place designed for the future while respecting its past.” ## Chinese translation > Translation model: grok ### 新邵氏大厦亮相，跨越半个世纪 新邵氏大厦标志着历时八年的重建落幕，也为美芝路开启新篇章 倘若当年那座35层的粗野主义地标——旧邵氏大厦——仍矗立于美芝路，今天本应迎来50周年。 7月6日，有关方面宣布新邵氏大厦已取得临时占用许可证（TOP）。这座位于美芝路100号的33层商业大厦，提供43.5万平方英尺甲级办公空间，以及2.15万平方英尺零售空间。 联实发展（Lendlease Development）高级顾问Richard Paine表示：“其落成，是奥菲路—梧槽走廊焕新的重要里程碑。” 相关阅读：优质办公楼供应“严重”短缺料持续；租赁需求以续约为主 八年征程 对自始至终督办该项目的邵氏大厦地产总经理Alfred Yeung而言，这是一段历时八年的征程。 起点是2018年8月，香港邵氏基金会与邵逸夫爵士慈善信托旗下子公司邵氏大厦地产公布重建计划。2019年更新愿景，重建于2020年10月正式启动，联实获委任管理项目。现代建设（Hyundai Engineering & Construction）担任总承包商，拿下2.02亿新元的重建合约。 施工恰逢疫情，项目完工因而延误12至18个月。Yeung说：“过程中我们不得不做一些调整，但整体结果令人满意。” 不止于可持续发展 邵氏大厦不仅是一座甲级办公楼。Yeung表示：“谈及新建甲级办公楼的可持续发展时，大家通常聚焦环境与绿色程度。这一点当然重要，但我们也重视社会与经济层面，希望以更全面的方式推进可持续。” 一年前，香港邵氏基金会宣布与全国社会服务理事会（NCSS）合作，划出约2,000平方米（21,528平方英尺）空间，用于心理健康、艺术与文化遗产相关的社区服务。 社会服务空间横跨2至5层：2、3层供NCSS属下社服机构使用；4、5层设会议室与礼堂等，可供社服机构及大厦企业租户共用。 相关阅读：供应偏紧推升新加坡办公楼租金，尽管全球逆风压制情绪 香港邵氏基金会亦正成立非政府组织，策划讲解美芝路一带历史的导览，并委托新加坡国立大学开展研究。 美芝路人行道上将设置二维码，访客可扫码循序了解该区历史。Yeung表示，访客可进入大厦及其所有公共区域，包括可俯瞰城市景观的屋顶露台。 他还透露，正筹划面向学童的导览，聚焦邵氏家族遗产与美芝路历史。 邵氏的影院遗产 除陈列展品外，大厦亦向曾设太子戏院与翡翠戏院、1976年开业的旧邵氏大厦致敬。太子戏院曾是新加坡最大影院，座位1,952个，首映片为票房大片《大白鲨》（1976），并于2008年关闭。 Yeung说，大厦内将播放旧邵氏影片与电影原声。“我们视之为促进心理健康的载体，尤其对长者而言，这些旧影像或有助记忆、延缓失智。” 邵氏家族事业横跨传媒与地产。邵逸夫与邵仁枚兄弟早在一个多世纪前的1924年，便在新马发行上海家族片厂影片；1926年正式共同成立邵氏机构开拓区域市场。 相关阅读：The Great Room将于2026年在邵氏大厦开设3.6万平方英尺空间 从电影片场、影院到地产 1958年，他们成立邵氏兄弟片厂，三年后在香港清水湾建成邵氏影城。这座占地46英亩（18.6公顷）的电影综合体，一度被视为全球最大私人片场，出品逾1,000部武侠片，代表作包括《少林三十六房》（1978）、《独臂刀》（1967）与《天下第一拳》（1972）。 据《南华早报》，邵氏家族于2014年与2016年两笔交易中，将清水湾地段以合共25亿港元售予上海复星集团。 该项目是复星在港的首个住宅发展。上月奠基仪式上，复星表示拟投资100亿港元（约16.5亿新元），重建为约800套住宅、横跨40座大楼的项目，另加20万平方英尺酒店与商业空间。 香港邵氏基金会则继续持有新加坡美芝路重建后的邵氏大厦。Yeung目睹过去十年美芝路—武吉士一带加速焕新：“我就住在附近，亲眼见证了这片区域的整场变迁。” 安联为锚租户，亦欢迎中小企业 办公空间已租约60%，锚租户为德国金融服务、保险与资管集团安联（Allianz），占用约7.8万平方英尺，相当于约4.5层。安联自罗敏申路79号CapitaSky迁入，此前曾入驻旧邵氏大厦。大厦标准楼面面积约自低层1.8万平方英尺至高层2万平方英尺。 其他跨国办公租户包括阿姆斯特丹金融科技公司Adyen、巴黎生物制药与医疗保健公司赛诺菲（Sanofi）、瑞士生物制药公司BeOne Medicines（聚焦肿瘤与癌症研发），以及联合办公运营商Industrious。 Yeung表示，虽多数查询以较大楼面为主，大厦亦欢迎中小企业，包括寻求5,000至6,000平方英尺办公空间的科技初创。“我们对有意进驻大厦的行业多样性感到满意。” 据办公楼专家Corporate Locations的挂牌，邵氏大厦叫租约每月15新元/平方英尺。 紧邻的综合项目国浩时代城（Guoco Midtown）30层甲级办公塔楼，办公面积70.9万平方英尺，据新加坡上市发展商国浩置地（GuocoLand）2025财年业绩已100%租出。办公塔楼于2023年开业，可直达武吉士地铁换乘站（东西线/滨海市区线）。 国浩时代城5万平方英尺零售、餐饮与生活方式空间截至2024年1月亦全部租出，并以有盖人行天桥连接邵氏大厦。 自国浩时代城跨越尼诰大道通往新达城（Suntec City）的有盖人行天桥，将美芝路—武吉士一带与更广阔的滨海湾区域相连（照片：Samuel Isaac Chua/EdgeProp Singapore） 零售裙楼的康养主题——及其延伸 邵氏大厦的零售与餐饮空间将以康养为主题。Yeung说：“我们希望零售租户也能成为社区的一部分。” 除连接国浩时代城外，大厦亦连通美芝路另一综合项目南岸（South Beach）。该项目由城市发展与IOI产业联合开发，2016年竣工。 南岸又经地下通道连接滨海中心地铁站（环线），并有有盖人行天桥通往新达城。国浩时代城跨越尼诰大道至新达城的有盖天桥于2025年10月开通。 Yeung说：“在国浩时代城和我们项目落成前，尼诰大道南侧的新达城社区，与美芝路—武吉士一带存在割裂。我们确实视自身项目与国浩时代城为美芝路片区的重要支点，并通过与南岸的直连，提供通往滨海中心与滨海湾的通道。” 联实的Paine观察，武吉士区地处遗产与新发展的交汇，始终保有自身特色。“这使它成为新加坡最独特的街区之一。邵氏大厦在此基础上再造，既面向未来，亦尊重过往。”