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SINGAPORE:Sino-Singapore Guangzhou Knowledge City (SSGKC), a joint initiative between the Intellectual Property Office of Singapore (IPOS) and the State Intellectual Property Office of China (SIPO), has passed two project development milestones in Guangzhou.

In a Friday release, SSGKC says it yesterday celebrated the two milestones with the groundbreaking of the first neighbourhood centre (NC1) at the Start-Up Area, and, on the same day, held the initiation ceremony of the Ascendas-Singbridge International Launch Pad (ASB ILP) at Ascendas OneHub GKC.

Occupying 18,000 sq m and comprising a gross floor area (GFA) of 47,975 sq m, NC1 is the first of five neighbourhood centres which SSGKC intends to construct at its start-up area. Its construction is expected to be completed in end 2018.

Each of the five neighbourhood centres planned for SSGKC will serve approximately 6,000 to 8,000 households or 20,000 to 30,000 residents who live within a 1km radius from each centre.

SSGKC says that upon the completion of NC1, which is expected to be operational in 2019, residents will enjoy "easy and convenient access to comprehensive suite of commercial services, one-stop government services, and integrated community services".

Total investment for the centre is estimated to be RMB230 million ($46.8 million).

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