How IOI Properties builds a live-work ecosystem in Marina Bay
The developer is creating a mixed-use precinct where luxury homes, offices and hospitality exist within walking distance – redefining convenience for professionals at the centre of Singapore’s global address
Artist's impression
IOI Properties Singapore is developing Marina Bay with mixed-used properties that blend architectural excellence, sustainability and community-focused spaces across the downtown core.
Marina Bay's skyline has long symbolised Singapore's global standing – a testament to architectural ambition and economic strength. But beneath the glass and steel, the downtown core is evolving in quieter, more deliberate ways.
One developer is helping to shape that evolution. When IOI Properties Singapore secured the site for IOI Central Boulevard Towers (ICBT) in 2016 with a S$2.57 billion bid – then a record – it signalled more than financial commitment. The developer was staking a claim in Singapore's urban future.
Nearly a decade later, that investment has taken form across Marina Bay's skyline, marking IOI's sustained presence in one of Asia's most competitive property markets.
A new pulse for downtown Singapore
IOI Properties’ developments in Singapore are designed to impress and built to endure. Sustainability and liveability anchor every decision, showcasing how green technology and biophilic design can enhance modern architecture.
South Beach exemplifies this approach. It’s a development that integrates sustainability with mixed-use placemaking. The project combines four historic buildings with two new towers, featuring a state-of-the-art canopy. The project has earned several Green Mark Platinum Awards for its integration of heritage conservation with sustainable design.
ICBT follows the same principles. Comprising nearly 1.3 million sq ft of leasable Grade A office space as well as ancillary retail and dining spaces, the dual tower complex integrates lush vertical greenery, energy-efficient systems and community-centric amenities.
With multinational giants such as Amazon and Morgan Stanley among the first to move in, ICBT is quickly shaping up as the new pulse of the downtown core, a hub that blends productivity, flexibility and wellness.
A new pulse for downtown Singapore
IOI Properties’ developments in Singapore are designed to impress and built to endure. Sustainability and liveability anchor every decision, showcasing how green technology and biophilic design can enhance modern architecture.
South Beach exemplifies this approach. It’s a development that integrates sustainability with mixed-use placemaking. The project combines four historic buildings with two new towers, featuring a state-of-the-art canopy. The project has earned several Green Mark Platinum Awards for its integration of heritage conservation with sustainable design.
ICBT follows the same principles. Comprising nearly 1.3 million sq ft of leasable Grade A office space as well as ancillary retail and dining spaces, the dual tower complex integrates lush vertical greenery, energy-efficient systems and community-centric amenities.
A striking addition to Singapore’s skyline, IOI Central Boulevard Towers features two office buildings designed to offer flexible workplaces for global organisations.
Artist's Impression
IOI Central Boulevard Towers is located in the centre of Singapore’s financial district, standing alongside other Grade A office buildings.
Beyond its smart offices, the development features amenities that support working parents, including Superland, a childcare centre designed to ease the daily logistics of working parents, reinforcing ICBT’s role as more than just an office working space.
This integration of work and wellness is anchored by Central Green, a 60,000 sq ft sky garden on Level 7 featuring lush greenery and a jogging track that gives professionals access to outdoor space without leaving the building. This reflects IOI Properties Singapore’s broader strategy for the Marina Bay area: To create a self-sustaining ecosystem where offices, homes and amenities sit within walking distance.
Complementing ICBT’s commercial presence are the upcoming W Singapore – Marina View hotel – and W Residences Marina View – Singapore, the latter being the city’s first hotel-home integrated branded residence atop a five-star hotel in Marina Bay.
Luxury living, elevated
Rising from Level 15, the 683 units at W Residences Marina View – Singapore bring a new kind of urban luxury to the precinct: High-rise homes that combine five-star hotel-level service with residential privacy.
Managed by Marriott International, each residence benefits from professional upkeep and concierge-style attention, making them ideal for senior executives whose professional lives often extend well into the evening.
Within this same Marina Bay ecosystem, IOI Properties is creating a seamless connection between its office, residential and hospitality assets. The addition of Shenton House, which Group Chief Executive Officer Lee Yeow Seng of IOI Properties Group acquired in 2023 through his private vehicle Shenton 101 Pte Ltd for $538 million, completes a triangle of convenience: Office, hotel and home – all within walking distance.
Artist's impression
W Residences Marina View Singapore, the city's first fully hotel-integrated residences in Marina Bay, contains 683 homes complemented by five-star amenities and hotel-managed services.
An upcoming redesign of Shenton House is set to introduce a new benchmark of modern sophistication in the heart of the Central Business District, continuing in shaping Singapore’s most prestigious addresses.
This trio of developments will not only shorten daily commutes, but also extend the most precious commodity in a city like Singapore: Time. Professionals can meet clients, host colleagues, and retreat to their residences without ever leaving the precinct.
A legacy of building communities
IOI Properties’ Singapore chapter may be entering its most exciting phase yet, but the group’s journey here spans nearly three decades. Its first foray came in 1996 with the 12-storey IOI Plaza in Middle Road, Bugis.
In 2007, IOI Properties partnered with Ho Bee Land to develop the Seascape and Cape Royale luxury condominiums at Sentosa Cove – early signals of its aspiration towards high-end waterfront living.
In 2011, the group made one of its most significant strategic moves: Investing in the landmark South Beach mixed-use development alongside City Developments Limited (CDL). In 2025, IOI acquired CDL’s shares to assume full ownership of the $3 billion project – a 3.5ha urban masterpiece featuring the five-star JW Marriott Singapore South Beach, luxury residences, offices and retail spaces.
This milestone cements IOI Properties’ reputation as a highly adept custodian of large-scale, mixed-use environments, where architecture, sustainability and lifestyle coalesce in a single address.
From Malaysian roots to global reach
Founded over five decades ago by the late Tan Sri Lee Shin Cheng, IOI Properties Group has grown from a small construction outfit into one of Malaysia’s top 10 developers, known for its master-planned townships and sustainable communities.
Its flagship IOI Resort City in Putrajaya includes Malaysia’s largest shopping mall, while in China, IOI Palm City in Xiamen spans almost 1.92 million sq ft, representing an investment of over 8 billion yuan (S$1.46 billion).
Malaysia's largest shopping mall, IOI City Mall anchors IOI Resort City in Putrajaya – showcasing the group's expertise in building large scale, integrated communities.
The group’s portfolio now extends across property development, hospitality, retail and palm oil – a diversified foundation that supports its ambitious international growth. Its hospitality arm currently manages nine hotels, with more in the pipeline, including a luxury resort in Langkawi, Malaysia anchored by convention and retail components.
Cementing its status as an established and leading developer, IOI Properties Group was recognised at the Malaysia Developer Awards (MDA) 2025, winning three prestigious awards, including being ranked first among the Top 10 Developers in the Top-Of-The-Chart Top 10 Awards under the category of Market Cap RM1 billion and above.
Sustaining growth, shaping the future
Looking ahead, IOI Properties Group is further deepening its regional presence, anchored by a long-term investment and expansion plan in Singapore. Its growth strategy is also aligned with the global sustainability agenda, through solar panel installations, carbon footprint assessments and a continued push for green building certifications across its portfolio.
Artist's Impression
With office, residential and hospitality projects in Marina Bay, IOI Properties Singapore is establishing a connected city ecosystem that brings convenience to professionals and residents working and living in the precinct.
In Marina Bay, the group’s vision is clear: To cultivate an integrated precinct where offices, homes and hotels share the same address. By eliminating commute friction, curating ground-level placemaking and programming spaces that stay lively after dusk, IOI Properties is not merely building properties; it’s reshaping how the city’s most driven residents inhabit them.