By Romesh Navaratnarajah: Prime Minister Lee Hsien Loong and his Malaysian counterpart Datuk Seri Najib Tun Razak today graced the unveiling of the design of Marina One, an integrated development in Singapore's new central business district.
Developed by M+S Pte Ltd, a 60:40 joint venture between Malaysia's Khazanah Nasional and Singapore's Temasek Holdings, the project will have a gross floor area (GFA) of 3.67 million sq ft and will comprise residential, office and retail components.
The Marina One Residences will feature 1,042 luxury residences ranging from one- to four-bedroom units and penthouses within two towers.
Meanwhile, Marina One Offices, Marina One East Tower and Marina One West Tower will generate 1.88 million sq ft of prime Grade A office space. The Heart, a retail podium spanning 140,000 sq ft will house shopping and lifestyle amenities.
Designed by renowned architect Christoph Ingenhoven, the project integrates "avant garde design with cutting edge sustainable features".Tan Sri Azman Yahya, Chairman of M+S Pte Ltd, said: "True to his design philosophy, Marina One will bring to life Singapore's 'City in a Garden' concept with a unique garden ecosystem within the development, providing a sanctuary and green space for communities amidst the hustle and bustle of the CBD."
"Marina One marks a brand new chapter in the Marina Bay Masterplan. This momentous collaboration between Malaysia and Singapore will position Marina One on an unprecedented scale on the world map as a new financial centre attracting businesses," he added.
The company had earlier overseen the successful launch of DUO, another integrated project in the Ophir-Rochor area last November. Meanwhile, the two leaders will also unveil the wellness development in Medini, Iskandar Malaysia today.
Image: Artist's impression of Marina One, an integrated development in Singapore's new CBD. Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email firstname.lastname@example.org Related Stories: Samsung Hub offices go on sale
Tanjong Pagar shophouses up for auction
Mumbai's office space absorption falls in 2012