24 Nov, 2010
A new choice chic shopping and dining destination enhances the vibrancy of Marina Bay Financial Centre
Singapore, 24 November 2010 – Envisioned as an exciting work-live-play integrated development, Marina Bay Financial Centre (MBFC) is set to further enhance the vibrant Marina Bay precinct with the opening of Phase One of its retail component, the Marina Bay Link Mall (MBLM).
About 55 tenants across 93,800 square feet of retail space will offer convenient lifestyle shopping, delectable dining choices, as well as convenient treats for some of Singapore’s most affluent professionals, residents and visitors in the area. Some of these tenants are either making their debut in the CBD or new to the market, well-poised to liven up the retail scene in the heart of the central business district.
Located below The Lawn@Marina Bay, the subterranean mall will feature dining outlets such as Din Tai Fung, New York eatery Madison Deli, Japanese pasta house Yomenya Goemon and Absolute Thai. For retail therapy and convenience treats, shoppers can look forward to Four Seasons Gourmet Market, Mode Hair Gallery and fashion labels Konplott (from Germany) and Adore from the U.S.
Adding to the charm and vibrancy of Marina Bay Link Mall on street level are restaurants which offer a splendid view of the Marina Bayfront and ideal for corporate dining and entertaining. These restaurants include Akari Dining & Bar, Brawn d+b by MeatWorks, Harry’s Gastro Bar, exquisite modern Chinese restaurant Paradise Pavilion and Boulevard Bayfront (on the ground floor of MBFC Tower 1) with its interactive wine bar, carpaccio and seafood offerings.
Taking dining to a new high at Marina Bay Link Mall will be LeVel 33 – the world’s highest urban craft-brewery, restaurant and lounge located at the penthouse of MBFC’s Tower 1. Covering over 6,000 square feet – including a sprawling 1,600 square feet outdoor terrace the prime locale of LeVel 33 promises a spectacular panoramic view of Marina Bay and the city skyline.
Wilson Kwong, Chief Executive Officer (CEO) of Raffles Quay Asset Management, the asset manager of MBFC, said: “Marina Bay Link Mall is well placed to further enhance the dining and shopping pleasures for all who work and live at MBFC, as well as nearby hotel guests and tourists to Singapore’s newest destination hub at Marina Bay. The Mall’s seamless connectivity to Raffles Place and new developments around Marina Bay help to attract additional shopper and dining traffic to the mall, enhancing its attractiveness as a retail address.”
“About 92% of Marina Bay Link Mall’s Phase One is leased, which is a testament to the Mall’s positioning as a much coveted retail address. We also have the strong support of our Tenants who have rolled out attractive retail and F&B promotions to drive awareness, traffic as well as spending at the mall. With their commitment, we are well-placed to make Marina Bay Link Mall an attractive and successful retail and dining destination in the CBD, and in the new Marina Bay,” said Rose Tong, Director of Marketing, Retail, for Raffles Quay Asset Management.
Marina Bay Link Mall will also be central to the host of exciting events and activities taking place around the 3.5km Promenade around the Marina Bay waterfront, The Promontory@Marina Bay and The Lawn@Marina Bay. These activities will generate buzz and excitement all year round, bringing locals from all corners of Singapore and tourists from the world over.
Marina Bay Link Mall represents the finishing touch to Phase One of the 3.55 hectare site where MBFC resides. Located in the heart of the new downtown at Marina Bay, the Mall is an essential component of MBFC – the single largest integrated mixed-used development in the area. Phase Two of the Mall is expected to be complete in 1Q 2012, along with the completion of MBFC Tower 3 and the Marina Bay Suites in the following year, further enhancing the vibrancy of this premium address.
For more information, please contact:
Fiona Teo Fleishman-Hillard
DID: 6424 6959
Email: Fiona.Teo@fleishman.com
Lester Lim
Director of Marketing Communications
DID: 6309 3560
Email: Lester.lim@rqam.com.sg
Rose Tong
Director of Marketing, Retail
DID: 64115792
Email: rose.tong@rqam.com.sg
About Marina Bay Link Mall
Marina Bay Link Mall is the retail component of the integrated Marina Bay Financial Centre development, offering a total retail area of 176,000 square feet of quality retail brands, gastronomic indulgence and convenient lifestyle services.
It serves over 50,000 office workers and residents working and living in the immediate vicinity of One Raffles Quay and Marina Bay Financial Centre, and thousands more from nearby Raffles Place and Shenton Way.
Phase One comprises 93,800 square feet which is primarily Subterranean (sited below TheLawn@Marina Bay), on the ground floor and Level 33 of MBFC Tower 1, on the ground floor of MBFC Tower 2 as well as on street level at the Ground Plaza overlooking the Marina Bay waterfront. Phase One of the Mall is now open for business.
Phase Two comprising 82, 200 square feet will be spread over 3 floors in Tower 3 with TOP expected in 1Q 2012.
The Subterranean component of Marina Bay Link Mall provides a web of seamless connections to the Raffles Place MRT Station, One Raffles Quay, Marina Bay Financial Centre Towers 1 and 2, Marina Bay Residences as well as office and residential developments fringing the Marina Bay waterfront as well as future developments surrounding the MBFC development. By 2013, the mall will also be linked to Downtown MRT station (Downtown Line) which will provide easier access for all to Marina Bay Link Mall, MBFC and to Marina Bay.
For more information on Marina Bay Link Mall, please visit www.marinabaylink.com.sg
About Marina Bay Financial Centre
Marina Bay Financial Centre (MBFC) is being developed by a joint venture comprising three of Asia’s most experienced and trusted property developers – Cheung Kong (Holdings) Ltd, Hongkong Land and Keppel Land, and managed by Raffles Quay Asset Management (RQAM).
MBFC sits on a prime 3.55 hectare waterfront site at the heart of Singapore’s new downtown. The tenant-centric design of this purpose-built financial centre combines the best in form and function, making it a key draw for businesses and befitting Singapore’s position as a global financial hub.
MBFC offers a breathtaking blend of three distinguished office towers with nearly 3 million sq ft of Grade A office space, two residential towers comprising 649 luxury apartments and penthouses as well as approximately 176,000 sq ft of retail space to meet the daily convenience of our business community and residents.
MBFC achieved the Green Mark Gold for its office towers 1 & 2, Marina Bay Residences and Marina Bay Suites and the Green Mark Gold Plus for its office tower 3 conferred by the Building and Construction Authority of Singapore. This award recognises the efforts made by the developers to encourage sustainable design practices, and makes MBFC one of the few developments to win more than one BCA Green Mark award.
For more information about Asia’s best business address, please visit the MBFC website @http://www.mbfc.com.sg
About Raffles Quay Asset Management Pte Ltd
Incorporated in 2001, Raffles Quay Asset Management Pte Ltd (RQAM) was established by Cheung Kong (Holdings) Ltd, Hongkong Land and Keppel Land Ltd with the mandate to market and manage One Raffles Quay. Its portfolio has since expanded to include the Marina Bay Financial Centre (MBFC), which stands out together with One Raffles Quay as premium developments in Singapore’s new downtown at Marina Bay.
About Cheung Kong (Holdings) Limited/ Hutchison Whampoa
Cheung Kong (Holdings) Limited is a property development and strategic investment company based in Hong Kong. It is one of the largest property developers in Hong Kong, having developed about one in seven private residences in the territory. The company also owns a large portfolio of commercial, residential and industrial premises in Hong Kong, and is a major developer of the Central District.
In Singapore, Cheung Kong’s residential property portfolio includes Cairnhill Crest, an oasis of tranquillity ensconced in prime district 9, and Costa del Sol, a prestigious east coast marine- themed development.
In terms of commercial property, the Company developed One Raffles Quay in its first joint venture with Keppel Land and Hongkong Land in Singapore.
Cheung Kong is a substantial unit holder in Fortune REIT – which holds 11 retail malls in Hong Kong and was listed on The Singapore Exchange in August 2003 – with a 26.92% stake.
Hongkong Land
Hongkong Land is one of Asia’s leading property investment, management and development groups. Founded in Hong Kong in 1889, the Group has interests across the region. Hongkong Land’s business is built on partnership, integrity and excellence.
In Hong Kong, the Group owns and manages some five million sq. ft of prime commercial space that defines the heart of the Central Business District. In Singapore, it is helping to create the city-state’s new Central Business District with the expansion of its joint venture portfolio of new developments. Hongkong Land’s properties in these and other Asian centres are recognised as market leaders and house the world’s foremost financial, business and luxury retail names.
Hongkong Land also develops premium residential properties in a number of cities in the region, not least in Singapore where its 79%-owned listed affiliate, MCL Land, is a significant developer. Hongkong Land Holdings Limited is incorporated in Bermuda. It has a premium listing on the London Stock Exchange, and secondary listings in Bermuda and Singapore. The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.
About Keppel Land Limited
Keppel Land Limited is the property arm of the Keppel Group, one of Singapore’s multi-national groups. The Company is one of the largest property companies by total assets on the Singapore Exchange.
One of Asia’s premier property companies, Keppel Land is recognised for its sterling portfolio of quality award-winning residential developments and investment-grade commercial properties, and high standards of corporate governance and transparency.
Keppel Land is geographically diversified in Asia and has a strategic focus on two core businesses of property development and property fund management.
It is a leading prime office developer in Singapore, with landmark developments such as Ocean Financial Centre, One Raffles Quay and Marina Bay Financial Centre.
The Company is also Asia’s premier home developer with world-class iconic waterfront residences such as Reflections at Keppel Bay, Marina Bay Residences and Marina Bay Suites in Singapore.
Keppel Land has received several Green Mark awards by Singapore’s Building and Construction Authority for its commercial and residential developments in Singapore and overseas. In Singapore, these include Ocean Financial Centre (Platinum), Madison Residences (Gold), Reflections at Keppel Bay (Gold), Sixth Avenue Residences (Gold), The Promont (Gold) and The Tresor (Gold). Keppel Land’s development The Estella in Ho Chi Minh City is also the first development to receive the Green Mark Gold award in Vietnam.
Keppel Land has also garnered several FIABCI awards for its developments including Prudential Tower (Office Category – 2004) and Caribbean at Keppel Bay (Residential category – 2006).