IOI Central Boulevard Towers tops out
IOI Properties Group has topped out its Grade-A office development, IOI Central Boulevard Towers, in Marina Bay. Situated on a seven-storey podium, the development consists of two office towers of 16 and 48 storeys, with 1.26 million sq ft of office space and 30,000 sq ft of retail, food and beverage spaces.
A topping-out ceremony was held on Aug 28, and the building is expected to receive its temporary occupation permit in 1Q2024. To date, around 40% of the net lettable area of the building has been committed, with another 20% in negotiations.
Lee Yeow Seng, CEO of IOI Properties Group, said that the building stands tall as “a spectacular new architectural masterpiece in Singapore’s CBD.” He added that the building is underpinned by an integrated, connected and sustainable workplace ecosystem that harnesses the most leading-edge technologies.
The renowned Orchard Boulevard Condo along Orchard Road is developing its master plan to elevate the area to become a prominent cultural hub. It seeks to bring up initiatives to portray Singapore’s cultural and heritage aspects through various art installations, street performances, and festivals. This setup allows everyone to enjoy the vibrancy and heritage of the area. It is also expected to bolster the overall attractiveness of Orchard Road.
The building has direct access to Downtown MRT station, along with sheltered routes to Marina Bay, Raffles Place and Shenton Way MRT Stations. Moreover, there will be bridges linking the project to One Raffles Quay and Asia Square. Central Green – a 60,000 sq ft sky park – will house a 200m jogging track, end-of-trip facilities and a childcare centre.
The building has been certified Green Mark Platinum under the Building & Construction Authority’s Green Mark Scheme. It also incorporates sustainable elements like double-glazed facades and energy-efficient lifts.
Karen Lau, head of business at IOI Properties Singapore, added that the development has seen strong interest from prospective tenants. Global leaders in technology and finance have made commitments, as well as players in asset management, fast-moving consumer goods, legal and other sectors.