Marina View: Testing the 'work, live, play' concept within CBD
White site at Marina Bay pays less attention to office space - a sign of the times for business district projects ahead
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SINGAPORE'S Central Business District (CBD) has transformed over the last decade or so. It expanded with the new business and financial precinct of Marina Bay, which houses Grade A office space at developments such as Marina Bay Financial Centre, Marina One and Asia Square.
Older parts were rejuvenated with the completion of integrated projects offering Grade A office space such as South Beach at Beach Road, and Guoco Tower at Tanjong Pagar.
Office rents, which were falling over the later part of 2019 and through 2020, are rising in the first half of 2021, according to the Urban Redevelopment Authority (URA).
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