IOI Properties – Crafting Excellence Worldwide
Legacy and Origin:
Marina View Residences is developed by IOI Properties, an established real estate developer with over four decades of experience. In 1982, IOI Properties was founded in Malaysia with the mission of providing excellence in property development and enhancing the quality of life for its residents.
A significant impact has been made by IOI Properties on the Malaysian and international real estate markets. IOI Properties has also made a significant impact on the real estate industry in China and other parts of the world, becoming a global player.
Projects Across Borders:
It is evident from the portfolio of IOI Properties that the company is committed to excellence and innovation at all times. Development projects completed by the developer include residential developments, commercial spaces, and integrated townships. With such a wide range of experience, IOI Properties is positioned as a versatile and reliable developer capable of meeting the unique requirements of different markets.
Philosophy and Values:
An integral part of IOI Properties’ success is its commitment to sustainability, innovation, and community well-being. In order to ensure that each project meets and even exceeds the expectations of its residents and stakeholders, the developer pays meticulous attention to detail.
IOI Properties in Singapore:
IOI Properties’ Marina View Residences is a prime example of the company’s commitment to excellence in Singapore. In its unique ability to provide a global perspective while maintaining a local touch, IOI Properties contributes to Singapore’s vision of creating world-class living environments through its wealth of experience and expertise.
IOI Properties has been very active and keen in the Marina Bay area. Marina View Residences is the 3rd development that they have invested in here. There other 2 are IOI Central Boulevard Towers and Shenton House.
Central Boulevard Towers is a Grade A development consisting of 2 office towers of 48 and 16 storeys high sitting atop a 7-storey podium. There will be offices, retail and F&B lots. In the core CBD area, the developer’s foresight ensures they will continue to benefit from high rents and demand for their sole Grade A office building to be completed in 2024. Financial and banking services firms like Morgan Stanley Bank, as well as tech and management companies have signed up for these quality spaces.
Shenton House’s only sole bidder, IOI Properties made an offer of $538 million for the collective sale. This figure is similar to the reserve price which had been lowered from $590 million when it was relaunched in Oct 2023. Taking advantage of Shenton House’s triple frontage, CEO Lee Yeow Seng plans to build Grade A offices and serviced residences to maximize its prominent location.
The purchase and redevelopment of Shenton House is in synergy with IOI Properties Group’s presence in the Marina Bay area, which includes the IOI Central Boulevard Towers, W Marina Bay and Marina View Residences.
Vision for the Future:
As an industry leader, IOI Properties is continuously evolving and innovating, pushing the boundaries to set new standards for the industry.
The journey of IOI Properties from its Malaysian roots to its international presence demonstrates its commitment to delivering excellence in real estate. With IOI Properties driving Marina View Residences, residents are assured of an epitome of luxury living in the heart of Marina View, bringing a legacy of quality, innovation, and global perspective.