Two of Singapore’s Iconic Integrated Developments to premiere in Hong Kong

Marina One Residences is located in Marina Bay, the city’s new Central Business District (CBD). It is a 34 storey residential tower comprising 1,042 luxurious one, two, three, four-bedroom apartments and penthouses. Unit sizes range from 700 sf for a one-bedroom apartment to 8,568 sf for a penthouse. Prices start from S$1.67mil (US$1.26mil equivalent) These residences are a key component of Marina One, the largest new integrated development to launch in Marina Bay, comprising 3.67million sf of space. Completing in the near future, Marina One will consist of luxurious residences, unique retail offerings and prime Grade A offices. Its defining feature is a lush oasis of 65,000 sf of greenery and waterfalls at the heart of the development which will become the central landmark within the new CBD.

Marina One being the only new project in Marina Bay to be completed in the immediate future, was borne out of a historic collaboration between Malaysia’s strategic investment fund, Khazanah Nasional Berhad and Singapore’s investment company, Temasek Holdings (Private) Ltd.

The residential tower leverages its premium location in the heart of the city, offering panoramic views of the city skyline and the sea. Marina One Residences is a seven-minute walk to the Marina Bay Sands and other world class lifestyle offerings and Singapore’s iconic tourist attraction Gardens by the Bay.

Marina One will be well connected to the rest of the island via major expressways and underground connection to four out of Singapore’s six Mass Rapid Transit lines - North-South, Downtown, Circle and upcoming Thomson Lines. With easy access to the Marina Bay MRT Interchange Station and Downtown MRT Station, Singapore’s tourist shopping belt Orchard Road, iconic Marina Bay Sands, Gardens by the Bay and Esplanade Theatres on the Bay are mere minutes away. The upcoming Thomson Line will link Singapore’s Causeway with the Malaysian state of Johor in the future.

Joseph Tan, Executive Director, Residential, CBRE, who is marketing the project said ”Marina Bay stands out not only for its ability to attract MNC occupiers but also a sizeable number of foreign investors who have been directly involved in shaping Singapore’s next generation of skyscrapers and an impressive cluster of iconic developments around the Bay. The prospects for capital appreciation for Marina One Residences are tremendous, considering the level of energy and effort that is being invested into transforming Marina Bay as Singapore’s future central business district”.

Kemmy Tan, Chief Operating Officer, M+S added “Marina One Residences is envisioned to be city living at its best, truly a place to work , live and play with seamless connectivity to all parts of the island. It has attracted a diverse pool of international investors, in keeping with Singapore’s status as a key real estate market. Buyers appreciate the rarity of finding a prized real estate at the heart of the financial district, the quality and scale of Marina One’s integrated concept and park-like luxury living reminiscent of prized real-estate developments around London’s Hyde Park and New York’s Central Park; unlike any other in Singapore”. 

With a prime waterfront location, the Singapore government has zoned the land parcels in Marina Bay “white” to allow for higher specifications and greater flexibility for developers to achieve the highest and best use of land. Marina One will comprise 1.88 million sf of Grade A office space, which can potentially add 12,500 executives to the existing working population. Alongside Marina One Residences’ 1,042 homes and the offices is The Heart, a retail podium comprising 140,000 sf of retail space.

In the same roadshow in Hong Kong, M+S Pte Ltd will also present DUO Residences, part of another integrated development, DUO, located at a strategic gateway point to Singapore’s CBD. DUO is an integrated development comprising premium residences, a 5-star hotel Andaz Singapore which is managed by Hyatt Hotels & Resorts, a boutique retail gallery and Grade A offices.

Andaz Singapore will be a boutique lifestyle concept hotel, with more than 340 guestrooms.  The hotel will inject new energy in its office space in attracting multinational corporations, especially pharmaceutical, consulting and legal services firms.

The project is designed by internationally renowned architect Ole Scheeren, known for his iconic CCTV Headquarters in Beijing. DUO Residences is a 49-storey residential tower, taking advantage of its proximity to the city overlooking the sea, with three and four bedroom residences of 1,528 sf - 1,927 sf and penthouses of up to 4,392 sf in size. Prices begin at S$3.81mil (USD$2.87mil equivalent).

“DUO has so far attracted a healthy level of interest and like Marina One, M+S would like to take the marketing of DUO to the next level to enhance its profile as an iconic integrated development. We are confident that DUO Residences’ design and layout and its location will resonate with foreign investors, particularly from other key gateway cities like Hong Kong”, said Kemmy Tan, M+S.

DUO Residences is connected via an underground link to the Bugis MRT station, which serves two major MRT lines - the East West Line and the Downtown Line. Bugis Junction is a trendy, vibrant enclave at the fringe of the business district.

CBRE’s Joseph Tan added “Integrated developments in Singapore bring the work, live and play vision to life, very similar to other major metropolis cities. Investors with a long term view will find the two projects appealing. Such developments have tracked very well in terms of capital appreciation and rental. Marina Bay developments, in particular, have seen median rents rise 6.9 per cent since 2010.”