M+S Private Limited
M+S Pte Ltd
In the year 2010, a landmark agreement was formed between the Malaysia and Singapore governments. As Malaysia returned the land spanning the railway tracks leading from Singapore Tanjong Pagar Railway Station to Malaysia. The Singapore government had agreed to compensate Malaysia by jointly developing 6 plots of prime Central Business District land parcels in Marina South and Ophir-Rochor area. Thus M+S Pte Ltd was born. The integrated projects are now known as Marina One and DUO.
M+S Pte Ltd is an indirect wholly-owned subsidiary of UEM Land Holdings Berhad, which is a real estate company within Khazanah’s portfolio. M+S Pte Ltd is also an indirect wholly-owned subsidiary of Mapletree Investments Pte Ltd, a Temasek portfolio company. These companies have been appointed to oversee the marketing and development of Marina One.
The parent companies Khazanah and Temasek are both committed to the ensure the success of the commercialisation of these land parcels, which include office, residential, hotel and retail components.
The gross development value of the project is estimated at approximately SGD11 billion, with a permitted gross floor area of up to 501,020 sqm.
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