The Marina Bay Financial Centre has leased out over 65 per cent of its space, even though it is two years away from completion.
Two of Australia’s biggest companies are the latest to lease space at the centre.
The Macquarie Group and BHP Billiton are taking up more than 216,000 sq ft of office space. They will be there for 10 years, with options to renew and expand.
Software development firm, Murex Southeast Asia, also signed up for 25,000 sq ft of space for six years.
No details were given about the rental rates, but average rental price for Grade A office space in Singapore is close to S$18.80 psf.
The first phase of the Marina Bay Financial Centre is due to be completed in the second quarter of 2010.
Source : Channel NewsAsia – 10 Sep 2008