Hits

Wednesday, February 20, 2013

Singapore and Malaysia unveil S$7-billion Marina One project

ALL content used in this not-for-profit blog remain the property of their respective owners.
http://sg.news.yahoo.com/singapore-and-malaysia-pms-unveil-model-of-s-7-billion-marina-one-project-124649592.html?utm_source=dlvr.it&utm_medium=twitter

The model of the S$7-billion Marina One development was unveiled by Malaysian Prime Minister Najib Razak and Singaporean Prime Minister Lee Hsien Loong Tuesday.

Close to a planned high-speed rail link between Singapore and Kuala Lumpur, Marina One will comprise luxury residential towers, office buildings and a retail podium in the Marina South, which is being shaped as Singapore’s new business district.


Expected to be completed in 2017, the development will be connected to Marina Bay MRT station. In total, it will cover a gross floor area of 3.67 million square feet.

Marina One is designed by architect Christoph Ingenhoven, who is known for creating the look of the Google headquarters in Mountain View, California.

It is a project by M+S Pte Ltd, a 60-40 joint venture between Malaysia’s and Singapore’s sovereign wealth funds Khazanah Nasional Berhad and Temasek Holdings, respectively.

Another integrated development project, DUO Residences, was also displayed at the Marina One showroom. This S$4 billion project covers 2.7 hectares of land between Ophir Rd and Rochor Rd, and it consists of the same facilities as Marina One, but time with an added five-star hotel.

The prime ministers will be unveiling an urban resort development situated in Medini Iskandar Malaysia in Johor Bahru soon.

No comments:

Post a Comment