Marina Bay Office Space: What Are Your Options?
Marina Bay is hailed as the symbol of modern-day Singapore as it houses some of the country’s biggest integrated developments. As such, many companies in the city-state, as well as those relocating to Singapore, aspire to lease Marina Bay office space.
Office space in Marina Bay is also highly prized due to their magnificent sea views as the area was built on 360ha of reclaimed land. Another reason why Marina Bay is a popular office rental area is its accessibility to Singapore’s traditional central business district (CBD).
Consider Renting An Office in Marina Bay
With the numerous workspace options available, renting an office space in Marina Bay can be a dizzying experience. Making your hunt more complicated is the fact that office space for rent in Marina Bay comes in various sizes, layouts, and amenities.
Still, you will be glad to know that tenants of office buildings in Marina Bay can easily travel to many eateries and retail shops thanks to the presence of an air-conditioned underground pedestrian network.
Apart from leading to the Downtown and Raffles Place MRT stations, this pedestrian-friendly network also branches out to the major office buildings in both Marina Bay and the traditional commercial hub of Raffles Place.
Office Space In Marina Bay, Here Are Your Options
If you were a foreigner who had visited Singapore and later considered renting office space in Marina Bay, the first thing that would probably come into your mind are the office space near Marina Bay Sands.
Who can blame you as those office buildings look really imposing when viewed from the infinity pool of that 5-star hotel. Meanwhile, if you’re a local, it would still be pretty helpful to get to know these landmark office towers:
Among the most sought-after workspaces in Marina Bay are office space in Marina Bay Financial Centre (MBFC). This gargantuan development consists of 3 office towers -- The 33-storey Tower 1 has an average floor plate of 20,000 sq ft. The 50-level Tower 2 has a larger average floor plate of 25,000 sq ft, while the 38-floor Tower 3 has the biggest average floor plate of 30,000 sq ft.
Marina Bay office space are highly coveted by established companies due to its high-end specifications. Apart from 2.3 million sq ft of office space, occupants have access to many different amenities. At the ground floor of Tower 1 in Boulevard Bayfront and in Tower 2’s NTUC FoodFare, one can find sumptuous food and drinks. Tower 3 houses a Fitness First gym and Raffles Medical Clinic, while Fullerton Health in Tower 2 caters to those requiring healthcare services, including screening & vaccination.
Another popular leasing option in the vicinity are the office space in One Raffles Quay, which is regarded as a trailblazer as it’s the 1st development in Marina Bay. The project comprises a pair of buildings. The 29-storey South Tower is ideal for those requiring huge spacious workspace as it’s column-free floor plates have an average area of 30,000 sq ft. While the 50-storey North Tower contains column-free floor plates averaging about 18,000 sq ft, it offset the smaller space with its higher vantage point.
One Raffles Quay office space is a top choice among finance firms as the development was purpose-built for banks and financial institutions. Finished in 2006, the premium office complex was designed by Kohn Pedersen Fox (KPF) Associates, a famed American architectural firm. The twin towers are also super accessible as they are directly connected to the Raffles Place MRT Station.
Asia Square Towers office space is ideal for businesses that often see the visit of wealthy overseas clientele, as this mixed-use development also comes with a high-end 5-star business hotel, The Westin Singapore. Apart from having premium services and gourmet eateries, the mixed-use development is also close to popular local landmarks, such as the Esplanade, Merlion Park, and Gardens By The Bay. Coupled with the 100,000 sq ft networking space called The Cube, this makes Asia Square Towers an excellent base for companies that cater to affluent foreigners, who want some recreation and relaxation (R&R) after concluding their business dealings.
Notably, the office space in Asia Square Towers are spread across 2 towers. One is 43 storeys tall, while the other has 46 levels. On average, it contains 35,000 sq ft of Grade A office space per floor. Besides being a recipient of the Green Mark Platinum award, the development utilises 35 percent less power than other typical commercial buildings.
This development is a testament that when two countries work together (i.e. Singapore and Malaysia), they can accomplish great things. Offering about 1.88 million sq ft of premium Grade A workspace, office space in Marina One is among the newest and best-in-class in Singapore. With floor plates ranging from around 34,000 sq ft to 100,000 sq ft, the biggest in the CBD, the development boasts top-notch specifications like clear floor-to-ceiling height of 3m to 3.8m.
Marina One office space is extremely sought-after by people, who want to live, work, and shop under one roof as the integrated development also comes with 1,042 apartments and about 140,000 sq ft of retail premises. Apart from having breath-taking views of the sea and city skyline, the complex is also a haven for nature lovers. Within its heart is a 3,700 sq m garden that looks like a rainforest valley and is home to 386 species of plants and trees.
Central Boulevard Tower
Another workspace that leverages on green power are the office space in Central Boulevard Tower, which will feature the 1st urban sky park with a dedicated jogging track in Singapore. Including the 60,000 sq ft landscaped sky park on Level 7, the development will come with 120,000 sq ft of greenery in all. It is also slated to become the newest addition in Marina Bay as it is currently under construction, with completion anticipated by 2023.
Central Boulevard Tower office space are spread across 2 towers sitting above a 7-level podium block. The East Tower has a height of 16 storeys, whereas the West Tower has 48 floors. Altogether, the office buildings come with about 1.29 million sq ft of premium Grade A office space, with super spacious floor plates. Besides being directly connected to the bustling Downtown MRT Station, it also houses 30,000 sq ft of lifestyle amenities, including retail space, and childcare facilities, as well as F&B establishments, including a signature restaurant.
Alternative Office Space With Marina Bay Waterfront Location
If you are searching for office space in Marina Bay because you really want a workspace with a million-dollar view of the sea and waterfront, but prefer similar quality office space that is nearer to the traditional financial hub of Raffles Place, we recommend these 2 alternative options which are literally just a few steps from the water.
With a gross floor area of around half a million sq ft, office space in OUE Bayfront caters to those looking for either compact office units as well as those hunting for a more spacious workplace. While column-free floor plates at this 18-storey office building range from 26,000 sq ft to 30,000 sq ft, the office floors can be subdivided to accommodate smaller tenants requiring at least 2,000 sq ft of workspace.
OUE Bayfront office space is particularly favoured by those who want to enjoy sumptuous Chinese cuisine while taking in direct majestic views of the Marina Bay. This is because the building is just next to OUE Tower, which houses Tóng Lè Private Dining, one of the merely 2 restaurants in the country that allow clients to feast on a revolving tower with 360° views. Completed in 2011, OUE Bayfront is just a stroll from Raffles Place MRT Station and is adjacent to an airconditioned overhead pedestrian bridge that contains retail shops.
Envisioned as a gateway to the city-state’s new downtown (i.e. Marina Bay), One Marina Boulevard is a 32-storey building with a gross floor area (GFA) of nearly 520,000 sq ft. Of this 420,000 sq ft consists of office space, while the rest of the space in the basement contains retail space. The edifice is also a recipient of BCA’s Construction Excellence Awards in 2006.
Office space in One Marina Boulevard is among the few workspaces here with direct views of the Marina Bay and the sea. While the lower portion of the building houses the headquarters of the National Trades Union Congress (NTUC), the upper zone starting from the 16th floor sports floor plates that are divided into 2 column-free workspace linked to a central services core. The granite-and-green glass clad building also features meeting and training rooms, in addition to an auditorium that can easily fit 600 individuals. Hence, One Marina Boulevard office space is perfect for businesses that require such amenities.
Who Are Renting Marina Bay Office Space?
Leasing Marina Bay office space is typically done by established and prestigious companies, particularly those well-known in their respective industries due to the area’s strategic location as Singapore’s new downtown.
Tenants In Marina Bay Financial Centre
Office space in Marina Bay Financial Centre (MBFC) are predominantly leased to major financial firms. For instance, Tower 1’s anchor tenant is Standard Chartered Bank. Tower 2 houses HSBC, while Tower 3’s main occupant is DBS Bank. Other lessees of MBFC office space are Nomura and Barclays.
Tenants In One Raffles Quay
One Raffles Quay office space is highly preferred by financial behemoths as the development was purpose-built for banks and financial institutions. In fact, Deutsche Bank, Ernst & Young, and Capital International are among its proud tenants. Still, this large concentration of finance firms didn’t deter TikTok from taking up space there.
Tenants In Asia Square Towers
Similarly, the office space in Asia Square Towers are mainly occupied by financial powerhouses, such as Citigroup, Mitsui Group, and Mizuho Bank, as well as insurer Allianz Group. E-commerce giant Amazon has also ventured into this prestigious commercial property.
Tenants In Marina One
As a massive, world-class development, Marina One office space houses some of the world’s most valuable tech firms, namely streaming giant Netflix and social media behemoth Facebook. Other tenants at this top-of-the-line project includes Swiss private bank Julius Baer, insurance provider Prudential, and major auditing firm PricewaterhouseCoopers (PwC).
Tenants in OUE Bayfront
Occupants renting office space in OUE Bayfront are not small-time companies either. Among the most notable ones are multinational law firm Hogan Lovells and Allen & Overy, a white-shoe law firm specialising in banking & finance. Another is Saudi oil giant Aramco and Bank of America, one of the biggest banks in the United States.
Tenants in One Marina Boulevard
Finally, the lower zone of One Marina Boulevard houses NTUC’s headquarters. Apart from China Telecom (Asia Pacific), other parts of the building have been taken up by global law firm Allen & Gledhill, credit card giant American Express, and coworking space operator Arcc Spaces.
Marina Bay Office Rental Rates
In Marina Bay, there are offices for rent catering to different kinds of tenants. High-end Marina Bay office rental rates usually hovers at S$13 psf per month. This means exceptional office space in Marina Bay can only be afforded by established and prestigious firms. For businesses with limited financial capabilities, it’s possible to lease Marina Bay office space for at least S$11 psf per month.
Discover Your Marina Bay Office Rental Options With an Expert
Given that Marina Bay is a popular office rental area, there’s stiff competition for workspaces there and there’s limited available office stock. Hence, it’s not easy to look for office space there by yourself, especially if you’re unfamiliar with the area.
To make the hunt for Marina Bay office space less tedious, why not engage a commercial property expert to do all of the tiresome work for you. With the help of a connoisseur, taking a lease in Marina Bay can be done quickly and conveniently.
So, if you want to make your search for office space in Marina Bay hassle-free, please don't hesitate to leave us a message and we’ll refer you to a veteran commercial property agent.