Boulevard View is the developer behind the sleek and new development nestled in the downtown area, Marina View. Marina View is a mixed-use development with about 905 residential units and 540 hotel rooms surrounded by retail, food and beverage use.
Boulevard View is IOI Properties Group Bhd's wholly-owned subsidiary. IOI Properties, has developments in Malaysia, Singapore and Xiamen. The group has a total development landbank of about 4,000ha. IOI manages 6.7 million square feet of lettable area, comprising shopping malls, retail spaces and offices. The Group partnered with Ho Bee Investments Limited to develop 2 key condominium projects in the premium residential enclave of Sentosa Cove. The first project, Seascape, offers breathtaking sea views to the Southern Islands and the South China Sea. Completed in 2010, Seascape won the prestigious FIABCI-Singapore Property Awards in the Residential (Low Rise) Category in 2012. IOI Group was also in charge of the final condominium development site sold in Sentosa Cove, The Pinnacle Collection.
The Group also partnered with Kim Seng Heng Holdings Limited to develop Cityscape @ Farrer Park, a 30-storey freehold condominium development in District 8. Another notable development undertaken by the group is South Beach, a mixed-use development, jointly developed with City Developments Limited. South Beach has won two Green Mark Platinum Awards and is set to be the new defining structure in Singapore’s vibrant skyline when completed in 2015.
The Malaysia-listed group, controlled by billionaire brothers Lee Yeow Chor and Lee Yeow Seng, is developing another white site in Central Boulevard which it acquired for $2.57 billion in November 2016 after triggering its release with a minimum bid of $1.536 billion. That worked out to a land rate of $1,689 psf ppr. Across Marina Bay, IOI teamed up with billionaire Kwek Leng Beng’s City Developments to develop the mixed-use South Beach Development, which the partners completed in 2018. In 2014, IOI Properties Group Berhad (“IOIPG”) listed successfully on the Main Market of Bursa Malaysia as one of the largest property companies in the country.
The impressive track record of the Group’s expertise can be seen as a guarantee of Marina View’s prospects. Prospective buyers should be reassured investing in the property, be it for living or as an investment. Marina View perfectly encapsulates the new norm to ‘live, work and play’, all in one place.
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