Published November 25, 2010

[B][SIZE="5"]Phase one of Marina Bay Link Mall 92% leased[/SIZE][/B]


OFFICE types working near Raffles City MRT now have fresh retail therapy to soothe their stressed and rattled nerves.

'About 92 per cent of Marina Bay Link Mall's phase one has been leased,' Raffles Quay Asset Management director of marketing (retail) Rose Tong said yesterday. The mall had a soft opening on Nov 3.

Phase one consists of several plots of land in Marina Bay Financial Centre (MBFC) Tower 1 and 2.

In Tower 1, the land that makes up phase one is below the [email protected] Bay, which amounts to 93,800 square feet of subterranean retail space, plus the ground floor and Level 33.

As for Tower 2, the ground floor and the street level at the Ground Plaza make up phase one. These areas are now open to the public.

Tenants in the mall include Din Tai Fung, New York eatery Madison Deli, Japanese pasta house Yomenya Goemon and Ichiban Boshi.

There is also a supermarket that offers delivery services, called the Four Seasons Gourmet Market.

'Shops will still be opening in the first two weeks of December,' Ms Tong said.

Phase two of Marina Bay Link Mall will involve 82,200 sq ft, spread over three floors in Tower 3.

A temporary occupation permit for Tower 3 is expected in the first quarter of 2012.

To date, Marina Bay Financial Centre Tower 3 is 57 per cent leased, said Raffles Quay chief executive chief executive Wilson Kwong.

Asked if law firm Wong Partnership had leased space in Tower 3 - based on an earlier report that said that the firm 'may be close to inking a lease for about 100,000 sq ft' - Mr Kwong said yesterday that he could not comment on speculation.

He would only confirm that DBS would be the anchor tenant of Tower 3, taking up 700,000 sq ft, while McGraw-Hill and Clifford Chance will each lease one floor.

On further leases, Mr Kwong said: 'Through our experience in managing One Raffles Quay, we understand our clients' requirements, so when marketing MBFC, we know what they need.'