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Volume:
5,456,200 |
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High:
1.850 |
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Low:
1.820 |
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Change:
+0.010
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Last:
1.850
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PROPERTY STATISTICS
As at 31 December 2018
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| Location |
8 Marina Boulevard, Singapore 018981 |
| Title |
Leasehold 99 years from 2005 |
| Total Net Lettable Area |
1,736,805 sq ft |
| Net Lettable Area |
578,9351 sq ft |
| Number of tenants (actual) |
112 |
| Car Park Lots |
697 |
| Purchase Price |
S$1,495.8 million1 |
| Market Valuation |
S$1,695.3 million1
(31 December 2017:
S$1,693 million) |
| Net Income Contribution |
S$53.6 million 2
(2017: S$53.6 million) |
| Committed Occupancy |
99.9%
(31 December 2017: 99.8%) |
Notes:
- Reflects one-third interest.
- Comprises distribution income and interest income from the joint venture.
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The Marina Bay Financial Centre is a prime landmark commercial development strategically located in the heart of Marina Bay.
Designed by the internationally renowned architectural firm Kohn Pedersen Fox Associates of New York, Phase 1 of the development comprises a 33-storey office tower (“Tower 1”), a 50-storey office tower (“Tower 2”), Marina Bay Residences, the Marina Bay Link Mall which consists of approximately 94,906 sq ft of NLA for retail use including the ground levels of Tower 1 and Tower 2 and the Ground Plaza, and 697 car park lots. It is directly connected to the Downtown MRT station and there is also an underground link from Marina Bay Link Mall to the Raffles Place MRT Station.
The MBFC Properties was accorded the top award in the Office category at the FIABCI Prix d’Excellence Awards 2012, which recognises the world’s outstanding real estate developments.
The MBFC Properties has a premier tenant base, with major office tenants including Barclays, BHP Billiton, LinkedIn, Nomura and Standard Chartered Bank.
In equal partnership with Hongkong Land and Keppel REIT, Suntec REIT holds a one-third interest in the MBFC Properties.
The Marina Bay Sands Integrated Resort, Singapore Flyer, Gardens by the Bay, Esplanade Theatres, international and boutique hotels, residential apartments and waterside food and beverage outlets are all within close proximity.
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