62% of office space at Asia Square Tower 1 leased out

Asia Square Tower 1, located at Shenton Way, has already leased out 62 per cent of its office space and pre-let more than half of the building.

The developers of the building, MGPA, gave the update after it was awarded its Temporary Occupation Permit (TOP) on June 21.

MGPA said it was awarded the land parcel in September 2007 and construction was completed in less than four years, making it the fastest development of this scale in Singapore to achieve completion within the time frame.

Asia Square Tower 1 comprises close to 1.3 million square feet of Grade A office space across 43 floors.

Among its future tenants are Google, Julius Baer, Lloyd’s of London, Marsh & McLennan Companies and Citic Bank.

Its largest tenant, Citibank, will move in this September, with its retail branch operational by November.

Another important element of Asia Square is the food & beverage and retail space which is close to being fully leased out.

The Pure Fitness Centre will be the largest gym and fitness facility in the CBD, taking up 32,300 square feet of space, with the latest in fitness technology and training programmes.

Meanwhile, the fourth quarter of 2013 will see the completion of Asia Square Tower 2, which will add about 800,000 square feet of Grade A office space and a 305-room luxury five-star hotel under the Westin brand.

Source : Channel NewsAsia – 28 Jun 2011

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