Duo Residences - At Bugis Singapore By M+S Pte Ltd – Duo Residences, a development by M+S Pte Ltd (jointly own by Temasek Holdings and Khazanah Nasional), is a luxury mixed development consisting of prime residential apartments, retail complex, a 5 star hotel and grade A office space. It is stratigically located in the Bugis/Ophir area, right in the heart of the downtown of Singapore's business and entertainment cluster.
Duo Residences is located right in the heart of Singapore business and entertainment district Plans for the surrounding plot of lands in the vicinity of Duo Residences has also been revealed recently by the government of Singapore. The next phase of growth is to transform this already vibrant district into an even more exciting commercial plus retail hub. We will see more space allocated to premium offices for the financial and business institution tenants. Naturally, demand for residential apartments and retail spaces in the area will definitely increase. Planning ahead, the government has tactfully indented more residential spaces to overcome the foreseeable rise in demand for housing. Duo Residences is designed by multi award winning architect, Ole Scheeren.
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DUO RESIDENCES BY M+S - LAND PARCEL AT OPHIR/ROCHOR SITE
AFP-SINGAPORE - The prime pieces of land Singapore will give a Malaysian-led consortium to resolve a long-standing dispute is worth up to $7 billion, a leading property analyst said Tuesday. The parcels, located around Singapore's glamorous Marina Bay, were ceded in a land swap agreed Monday under which Malaysia will give up property it has owned inside Singapore as part of a railway dating back to British colonial rule over both countries. Singapore offered 5.29 hectares (13.1 acres) of land in two plots, according to a fact sheet provided by the ministry of national development (MND). A company known as M-S Pte Ltd will take ownership of the land for development, with 60 per cent of the equity held by Malaysian investment agency Khazanah Nasional Berhad and 40 per cent by Singapore's Temasek Holdings. The plots, loosely referred to as the "Marina South" and "Ophir-Rochor" parcels, were designated as "white" land use areas by the MND which means they could be used for high-value commercial, hotel or residential projects. The Ophir-Rochor land parcels "can range anywhere from 1.38 billion to 1.9 billion" in the current property market, said Nicholas Mak, executive director of research and consultancy at SLP International Property Consultants. "The one at Marina (South) can range from 3.5 billion to five billion," he told AFP. Malaysia's ownership of railway land that goes deep into Singapore territory had been an irritant for decades but both countries have vowed to resolve all outstanding issues and promote long-term cooperation.
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