Prime Ministers Datuk Seri Najib Tun Razak and Lee Hsien Loong unveiled the design of Marina One today, reports BERNAMA.

Marina One is an integrated development in the heart of Singapore’s new Central Business District and is a project undertaken by M+S Pte Ltd, a company owned 60:40 by Khazanah Holdings Bhd and Temasek Holdings Pte Ltd.

Lee said that Marina One would be an iconic project in Singapore’s new CBD for many years to come.

Najib said he was truly excited to see it for himself and that Marina One would fulfill their expectations as a landmark and iconic building.

Earlier at an unveiling ceremony at the Marina One show gallery, M+S Board of Directors’ chairman Tan Sri Azman Yahya introduced the development as a coveted business and lifestyle district, given its strategic location in the Marina South district.

World-renowned architect Christoph Ingenhoven; known for his iconic supergreen and sustainable world-class designs such as the European Investment Bank in Luxembourg and the Google Headquarters in California, will be designing Marina One.

Last year in November, M+S had unveiled an integrated development; DUO in Ophir-Rochor, Singapore.

The successful unveiling of Marina One and DUO marks the significant progress made since the two Prime Ministers witnessed the exchange of the M+S Shareholders’ Agreement in Putrajaya in January last year.

The Prime Ministers are also expected to unveil the urban wellness and resort wellness developments in Medini Iskandar Malaysia later.

When completed in 2017, Marina One will be an exclusive address for living and working in the city. It will offer seamless connectivity to Singapore’s largest and most connected Mass Rapid Transit interchange by 2016.

Marina One and DUO are the two projects undertaken by M+S in a 2010 land swap deal between Singapore and Malaysia, under which Malaysian railway land in Tanjong Pagar, Kranji, Bukit Timah and Woodlands was returned to Singapore in exchange for four land parcels in Marina South and two in Ophir-Rochor.

The projects have a total development value of $11 million.

CapitaLand and UEM Land Holdings are DUO’s project managers, while UEM is partnered with Mapletree Investments to manage Marina One.