15 July 2020

Architectural Digest: The Future of Apartment Towers Is Coming to Singapore

A pair of fascinating 56-story residential towers will soon rise on the western edge of Singapore’s urban core. The addition of more skyscrapers to a densely populated city-state is hardly surprising, but Avenue South Residences will also feature a selling point that will separate the building from all the rest. Slated to be completed in 2026, the towers will be the world’s tallest buildings created with Prefabricated Prefinished Volumetric Construction (PPVC) technology—where semi-finished apartment modules are built in factories offsite before being stacked, Lego-like, on top of one another. [...]

Modular homes also require less physical bodies to be present on a building site. This is an asset at a time when the U.S. construction industry—which has struggled to fill open positions—has seen its pool of migrant labor sharply reduced due to closed borders. Lower labor costs, faster construction times, and economies of scale mean that modular housing can produce cost savings of as much as 15% in some cities, experts say. [...]

But PPVC homes aren’t always cheaper: The median price of an apartment at Avenue South Residences is just under $1.1 million. The condominiums cost about 5% more to build than if traditional methods have been used, says Cheng, whose firm recently worked on another 40-story PPVC tower in Singapore. That said, he notes that prices are quickly becoming more competitive as the technology evolves further and more developers and builders achieve expertise in PPVC construction.

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