 | | ingapore's skyline will
undergo an impressive
transformation as its Central
Business District (CBD)
welcomes an extension spanning
360 hectares of prime land at Marina Bay
to cater to rising office demand in Asia.
|
The expansion of the existing CBD
is part of the government's plan to
reinvent and rebrand Singapore. This
upcoming downtown is set to join
the league of successful waterfront
business districts such as the Canary
Wharf in London and Pudong in
Shanghai which have elevated the
international profiles of the cities while
spurring growth and investment.
The New Downtown at Marina Bay
will further entrench Singapore's
position as one of Asia's leading
financial centres. It will provide
some 2.8 million square metres (sm)
of prime office space, equivalent to
the size of Hong Kong's entire main
business district, Central.
The Allure of the
New Downtown
While it will take more than a decade
for the entire area at Marina Bay to
be fully developed, a large number of
development projects offering exciting
and attractive options to live, work and
play are underway and expected to
be realised within the next three years.
These include the high profile Marina Bay
Sands Integrated Resort, Gardens by
the Bay, Waterfront Promenade and the
impressive Marina Bay Financial Centre.
Premium Grade A office developments
which are much sought after are fast
taking shape in the New Downtown,
comprising Marina Bay Financial
Centre and Marina View North Tower.
Several multinational corporations
(MNCs) including BHP Billiton, DBS
and Standard Chartered Bank will have
addresses in these developments.
Located at the gateway of the New
Downtown and a stone's throw from
these upcoming developments is the
FIABCI Prix d'Excellence winner,
One Raffles Quay which is home to
MNCs such as Ernst & Young
and Deutsche Bank.
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