M+S do­ing well, says Sin­ga­pore PM

The Sun (Malaysia) - - SUNBIZ -

SIN­GA­PORE: The Malaysia-Sin­ga­pore jointven­ture com­pany, M+S Pte Ltd, is do­ing well, says Sin­ga­pore Prime Min­is­ter Lee Hsien Loong.

M+S is a joint ven­ture owned by Malaysia’s Khaz­anah Na­sional Bhd and Sin­ga­pore’s Te­masek Hold­ings. It was en­trusted to carry out a joint de­vel­op­ment in Ma­rina South and the Ophir-Ro­chor area in Sin­ga­pore, as well as of Iskan­dar Malaysia.

“I see the projects at Ma­rina South and Ophir-Ro­chor ... both build­ings are com­ing up and ris­ing steadily. I read that they have rea­son­able sales so I think the projects will suc­ceed,” said Lee in an in­ter­view with Ber­nama on Mon­day.

In June this year, M+S an­nounced that it has se­cured strong of­fice leas­ing pre­com­mit­ments of over half a mil­lion square feet for Ma­rina One.

The 3.67 mil­lion sq ft de­vel­op­ment comprises Ma­rina One East and West Tow­ers, two prime Grade-A of­fice tow­ers of about 1.88 mil­lion sq ft, 1,042 units of lux­u­ri­ous city res­i­dences, 140,000 sq ft of re­tail space and 65,000 sq ft of green­ery.

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