Office portion of Marina One about 30 per cent pre-leased already

Marina One Office portion is already about 30 per cent pre-leased.  

The huge Marina One Project by M + S, a joint venture between Malaysia's Khazanah National and Singapore Temasek Holdings, is set for completion next year.  It had its topping-off ceremony yesterday.

The Marina One development comprises two Grade A office towers of about 1.88 million sq ft in net lettable area; 1042 apartments and 140,000 sq ft of retail space.

So far, Marina One has sold about 368 unit apartments and has launched its first phase of Block 21 for sale.  The next Block 23 will be launched for sale when the Marina One Project is completed.

The retail portion is about 50 per cent pre-leased; Marina One Tenants include Virgin Active, Cold Storage and Cookhouse by Koufu.

Ms Kemmy Tan, M+S  chief executive, said it has secured "some of the largest office leasing deals" this year.  She added " We continue to be in active negotiation with many other multinational companies which are looking at securing office spaces over multiple floors."

One tenant said to have signed a deal for several floors is PwC Singapore, which is taking up more than 200,000 sq ft of space.  

Office rents are said to be about $7 Psf per month for larger tenants at Marina One.

Marina One Showflat is available for viewing.  Please contact 67330488 for appointment.  For Marina One Floor Plans and Marina One Pricing, please visit website http://marina-one.greathomelaunch.com

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