Topping-out ceremony

PETALING JAYA (May 11): M+S Pte Ltd (M+S) – a joint venture company between Malaysia’s Khazanah Nasional Bhd and Singapore’s Temasek Holdings – held a topping-out ceremony for its DUO integrated development at the Ophir-Rochor district in Singapore, the developer said in a press statement today.

“DUO is symbolic of the strong partnership and historical ties between Singapore and Malaysia. I am proud that this legacy will soon be appreciated by current and future generations,” said M+S chairman Tan Sri Azman Yahya.

M+S Pte Ltd – a 60:40 JV company owned by Khazanah and Temasek, respectively – was set up in June 2011 to develop Marina One and DUO integrated developments on the land parcels under the Singapore-Malaysia railway land swap deal in September 2010.

M+S chief executive officer Kemmy Tan said the 1.73 million sq ft DUO development is on track for completion by 2017.

“It comprises DUO Tower, a 570,000 sq ft net lettable area of prime Grade-A, Green Mark Platinum office space; 660-unit DUO Residences; 56,000 sq ft of retail at DUO Galleria; and Southeast Asia’s first 342-room Andaz hotel – a boutique-inspired hotel brand by Hyatt,” she added.

Tan noted that upon completion of the North-South Expressway, DUO will be at the heart of the district.

“We are confident that the development will play a key role in transforming Ophir-Rochor by injecting greater vibrancy into the entire area,” she said.

DUO Tower’s office floor plates will be the largest in the Ophir-Rochor office market, at up to 31,000 sq ft.

The building will offer exclusive amenities such as an outdoor sky terrace garden, as well as bicycle facilities, including lockers, bicycle parking lots and shower facilities.

“On the residential component – DUO Residences, up to 95% of all units have been sold since its launch in 2013. Spanning 49 storeys, the Green Mark Gold Plus-rated residence will feature a patio gymnasium, 50-metre lap pool, sky pool, children’s pool, jacuzzi, teppanyaki terraces and function room,” said Tan.

She noted that as the tallest building in the vicinity, both towers will offer panoramic views of the city, sea and the Kampong Glam conservation district nearby.

DUO will be connected via underground pedestrian networks to the Bugis MRT Station, which is serviced by two major lines – the East West Line and Downtown Line.

Do not ask your friend about the value of your home. Click here at The Edge Reference Price to find out.

SHARE
RELATED POSTS
  1. PEPS Malaysia inks MOU with Singapore Estate Agents Association for real estate knowledge exchange and networking opportunities
  2. Khazanah posts threefold jump in profits, to focus on home market
  3. How essential oils can refresh and elevate your home in the Tropics