Known for its convenience and larger floor plan, Marina One Residences, a premium development in the Marina Bay District, is seeing immense popularity. With an expected completion date in this half of the year, nearly 60 percent of its two new office towers have been pre-leased.
Future tenants include premier companies like Swiss private bank Julius Baer and famous social media company, Facebook. The office floor plans are larger than most others in the Marina Bay area, ranging from 34,000 square feet to 40,000 square feet. This is likely the main reason why companies are attracted to Marina One, with some to start moving in May.
Ms. Tan, the chief executive of the developer M+S acknowledged that although the demand for office spaces was expected, the rate at which companies were signing the leases was beyond expectations.
Additionally, over half of the 140,000 square feet retail podium has been pre-leased, with 60 percent to be devoted to F&B outlets. Anchor tenants include Cold Storage Supermarket, Pizza Express and 4 Fingers Crispy Chicken.