Marine One Tops Out and Secure Strong Office Leasing Pre-Commitments over Half a Million Square Feet
- The development’s strong proposition has attracted global multinational companies
- Tenants are drawn to Marina One’s strategic location, efficient floor plates and luxuriant biodiversity
Marina One’s topping out ceremony was officiated by (left to right) CEO of GS Engineering & Construction, Mr Forest Lim; COO Hyundai Engineering & Construction, Mr Kim Jung Chul; M+S Chairman, Tan Sri Azman Yahya; M+S Board Member, Mr Hiew Yoon Khong
SINGAPORE (June 21, 2016) – M+S Pte Ltd (M+S), a joint venture between Malaysia’s Khazanah Nasional and Singapore’s Temasek, has celebrated the topping out of Marina One, its flagship development in Singapore’s prestigious Marina Bay area. The development remains on track for completion for 2017.
“This is a special moment as we celebrate the topping out of Marina One, which is an emblem of the important partnership between Singapore and Malaysia. Situated in the centre of the Marina Bay precinct, Marina One is an anchor development for Marina Bay as it emerges into a vibrant, liveable and highly sought-after address as one of Asia’s leading financial centres,” said Tan Sri Azman Yahya, Chairman of M+S.
As the newest and largest integrated development to be completed in the coming year, Marina One will accelerate the evolution of Marina Bay into a world-class business district and strengthen its position as the ideal business address for global multinational companies in Asia.
“We are pleased to secure strong office leasing pre-commitments of over half a million square feet, details of which will be announced soon. These are some of the largest office leasing deals in 2016 and we continue to be in active negotiations with many other multinational companies who are looking at securing office spaces over multiple floors. Prospective tenants are taking this opportunity to move into Marina One as it is the only new development in the prime Central Business District that offers excellent connectivity, efficient floor plates, and lush green biodiversity at the heart of the development,” said Ms Kemmy Tan, Chief Executive Officer of M+S.
The signed leases, together with those under documentation, will bring Marina One’s take-up to over 550,000sq ft.
“A few privileged companies will have the rare opportunity to have exclusive sky signs at Marina One, putting their mark onto the signature Singapore skyline,” added Ms Tan.
Marina One Development Updates
The 3.67 million sq ft development comprises Marina One East and West Towers, two prime Grade-A office towers of approximately 1.88 million sq ft, Green Mark Platinum and LEED Platinum Pre-Certified office space; 1,042 units of luxurious city residences; 140,000 sq ft of retail at The Heart, a retail podium; and the Green Heart with 65,000 sq ft of lush greenery.
Marina One Offices
Marine One East and West Towers will offer the largest prime Grade-A office space in Asia; two 100,000sq ft floorplates of contiguous office space on levels 28 and 29 featuring panoramic sea views. Marina One offers one of the largest typical office floorplates in Marina Bay, ranging from 34,000 to 40,000 sq ft.
Marina One Residences
Marina One Residences has now sold over 90% of released units for the first tower since its launch in 2014. The next phrase of the residential units will be launched when the development receives its Temporary Occupation Permit (TOP) in 2017.
Marina One’s Retail Podium
Marina One’s retail podium called ‘The Heart’ has secured a strong line-up of anchor retail and food & beverage brands including Virgin Active, Cold Storage and Cookhouse by Koufu. The Virgin Active fitness club spans 26,000 sq ft across two levels. Members will enjoy the only indoor swimming lap pool and the largest indoor climbing wall in Marina Bay, located within the club itself.
Marina One is located at the heart of the Marina Bay financial district, surrounded by four Mass Rapid Transit (MRT) stations; Shenton Way, Downtown, Marina Bay and Bayfront, and with easy accessibility to the East Coast Parkway (ECP) and Marina Coastal Expressway (MCE). The Marina Bay district is Singapore’s first to be planned upfront with a network of dedicated cycling lanes. Occupants of Marina One will be exclusive access to bicycle facilities including lockers, bicycle parking lots and shower areas.
Marina One is designed by world renowned architect, Christoph Ingenhoven, who is known for his iconic Supergreen and sustainable world-class designs such as European Investment Bank, Herons Quay in Canary Wharf and 1 Bligh in Sydney. The latter was honoured with the International Highrise Award 2012/2013.
The development has received three awards at the Asia Pacific Property Awards 2012 for Best High Rise Architecture, Best Mixed-use Architecture and Best Mixed-use Development. The development has also received recognition for its sustainable and environmentally friendly design. Marina One East Tower and Marina One West Tower are pre-certified LEED Platinum. Both towers, as well as Marina One Residences, have achieved a BCA Green Mark Platinum rating.
About M+S Pte Ltd
Owned 60:40 by Khazanah and Temasek respectively, M+S Pte Ltd. was set up on 27 June 2011 to develop Marina One and DUO; two integrated developments in Singapore. Marina One ( www.marinaone.com.sg) located at Marina Bay with a total gross floor area of approximately 3.67 million square feet will comprise close to 1.88 million square feet of prime Grade-A office space, 140,000 square feet retail space and 1,042 luxury residential apartments. DUO ( ww.DUOsingapore.com) located at Ophir-Rochor with a total gross floor area of approximately 1.73 million square feet will comprise close to 570,000 square feet Grade-A office space, 56,000 square feet retail space, 660 premium residential apartments and a 5-star hotel.