DUO’s topping out ceremony was officiated by (left to right) M+S Board Member, Wen Khai Meng; M+S Chairman, Tan Sri Azman Yahya; Director, Senior Managing Executive Officer, Obayashi Corporation, Makoto Kishida; and Managing Director, Obayashi Singapore Private Limited, Aik Seng Lee.
DUO, the largest integrated development in the Ophir-Rochor precinct, is on track to be completed next year after it was topped out on Wednesday (11 May).
The mixed-use project by M+S Pte Ltd is a 60:40 joint venture between Malaysia’s Khazanah Nasional and Singapore’s Temasek Holdings.
With a total gross floor area of around 1.73 million sq ft, the complex consists of 660 premium residential apartments, nearly 570,000 sq ft of Grade A office space, 56,000 sq ft of retail space and a five-star hotel.
Meanwhile, the residential component, the 49-storey DUO Residences, has sold 95 percent of its units since its launch in 2013.
DUO Tower, the only Grade A office to offer the largest floor plates of up to 31,000 sq ft in the area, set the record for the biggest office transaction when it secured tenants for almost 100,000 sq ft of office space last year.
It will also be home to the first Andaz hotel by Hyatt in Southeast Asia.
“We have reached an important milestone as we celebrate the topping out of DUO, an iconic landmark. More than a building, DUO is symbolic of the strong partnership and historical ties between Singapore and Malaysia,” said M+S Chairman Tan Sri Azman Yahya.
The development of DUO and M+S’s flagship Marina One project is the result of the 2010 railway land swap deal between Singapore and Malaysia.
Located at Marina Bay, the 3.67 million sq ft Marina One will comprise 1,042 luxury residential apartments, nearly 1.88 million sq ft of prime Grade A office space and 140,000 sq ft of retail space.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
