By Nicole Tan | POSTED: 05 Sep 2013 10:31 PM | CNA

SINGAPORE

M+S Pte Ltd, the joint venture company between Malaysia’s Khazanah Nasional and Singapore’s Temasek Holdings, has appointed principal contractors to develop the two highly anticipated mixed-used developments worth over S$2 billion in total.

Japanese Obayashi Corporation was awarded the contract for DUO, located in Ophir-Rochor business district.

This consists of a 49-storey residential block of 660 units, a 39-storey commercial and hotel complex, and a retail gallery with basement carparks.

It is the largest integrated development within the arts, cultural and educational precinct.

Meanwhile, Marina One in Marina South is to be constructed by a Korean consortium of Hyundai Engineering and Construction and GS Engineering & Construction.

This development comprises two 30-storey office blocks, two 34-storey residential blocks of 1,042 units, four basement levels, an underground pedestrian network, and an ancillary road network.

Marina One’s lush greenery and waterfalls is also expected to be a sanctuary for city dwellers in Singapore’s new Central Business District.

Construction for both developments is scheduled to commence this year and expected to complete in 2017.

– CNA/fa

http://www.channelnewsasia.com/news/business/singapore/m-s-pte-ltd-appoints/803496.html