Monday, 30 May 2016

Khazanah Temasek JV project to be ready in 2017

The integrated Marina One and Duo developments, jointly-owned by Malaysia’s strategic investment fund, Khazanah Nasional Bhd and Singapore’s investment company, Temasek Holdings Pte Ltd, are set for completion in 2017.

“We are happy to share that both Marina One and DUO are on track for completion in 2017,” said Kemmy Tan, chief executing officer of M+S Pte Ltd, the project developer

Marina One has a gross development value (GDV) of S$7bil (RM20.72bil), while the overall DUO project has a GDV of S$4bil (RM11.84bil). Both projects were launched in mid-2012.

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