SINGAPORE (July 11): M+S Pte Ltd (M+S) has unveiled plans for an integrated development called Marina One at its Marina South development.
The Marina South mixed-use development is one of two projects by M+S, a 60:40 joint investment company by Khazanah Nasional Bhd and Temasek Holdings Pte.
M+S will develop four land parcels in Marina South and two land parcels in Ophir-Rochor in Singapore, each as an integrated development.
Marina One will be an integrated development that marries commerce, premier residential living and exciting retail lifestyles in the Marina Bay district. The development will have a gross floor area of 341,000 sq m and will be eventually linked to Marina Bay and the upcoming Downtown Mass Rapid Transit (MRT) stations. The development is set for launch in the coming months.
Speaking at the ground-breaking ceremony of Marina South on Wednesday, Tan Sri Azman Yahya, chairman of the M+S board of directors said Marina One will define new standards of luxury urban living in Singapore, creating a benchmark for international excellence in design and sustainability.
"We are confident that this landmark development will play a prominent role in attracting international MNCS and talent to Singapore and become the gravitational epicentre of Singapore's new CBD."
Leading international architects, Ingenhoven Architects have been commissioned to create a green open space in the centre of the development as part of Marina One's design.
An indirect wholly-owned subsidiary of UEM Land Holdings Bhd (a real estate company within Khazanah's portfolio) and an indirect wholly-owned subsidiary of Mapletree Investments Pte Ltd (a Temasek portfolio company) have been appointed to oversee the marketing and development of the project at Marina South.