Mixed-use · Singapore Marina Bay
Marina One
7 Straits View, Singapore Marina Bay · Built 2017 · 30 floors
Partial
Current value
$2.70B
▲ 3.8% 1-yr (modeled)
Cap rate
3.70%
▲ 10 bps vs 3.60% submarket
NOI · derived
$99.9M
Value $/SF
$1,436
sourcedmodeled0 of 6 sourced
Ownership & debt
Ownership graph
Asset → owner → parent → beneficial owner · every edge sourcedOwnership transparency
Recorded chainRecorded owners
M+S Pte Ltd
Fee simple · 100% interest
Khazanah Nasional Berhad
Equity interest
Temasek Holdings
Equity interest
Ultimate beneficial owner — as recorded
M+S Pte Ltd (60:40 Khazanah Nasional / Temasek joint venture)
Beneficial interest
Khazanah Nasional Berhad (60%) and Temasek Holdings (40%)
Beneficial interest
Debt
No publicly recorded debt
Debt appears here only when a recorded mortgage, deed of trust or securitization filing names this asset — nothing is inferred from ownership or market norms.
Securitized debt — SEC loan tape
No SEC ABS-EE loan-level filing is matched to this asset. Public loan tapes exist only for SEC-registered CMBS — most large-asset debt is 144A-private, balance-sheet or agency financed and files none.
Tenants & leasing
PwC SingaporePrudentialMUFG BankJulius Baer
Per-tenant lease detail arrives with disclosed stacking plans.
Underwriting
Assumptions — user inputs, not sourced data: 5-year hold · exit cap +25 bps vs today · 3.0% NOI growth per year.
Assumptions — user inputs, not sourced data
Hold period
Exit cap vs today
+25 bps
NOI growth / yr
3.0%
Unlevered IRR
5.6%
Exit cap
3.95%
Exit value
$2.93B
Exit NOI
$115.8M
Unlevered IRR sensitivity — exit cap Δ × NOI growth
| Exit Δ | 2.0% | 2.5% | 3.0% | 3.5% | 4.0% |
|---|---|---|---|---|---|
| -25 bps | 7.1% | 7.6% | 8.2% | 8.7% | 9.2% |
| 0 bps | 5.8% | 6.3% | 6.8% | 7.3% | 7.8% |
| +25 bps | 4.5% | 5.1% | 5.6% | 6.1% | 6.6% |
| +50 bps | 3.4% | 3.9% | 4.4% | 4.9% | 5.4% |
| +75 bps | 2.4% | 2.9% | 3.4% | 3.9% | 4.4% |
Modeled output — not investment advice. Derived from the assumptions above, not sourced claims.
Provenance footnotes
- Current value: Estimated — no sourced claim on file.
- Cap rate: Estimated — no sourced claim on file.
- NOI: Estimated — no sourced claim on file.
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — M+S Pte Ltd: Single source — mingtiandi.com · https://www.mingtiandi.com/real-estate/finance/temasek-khazanah-put-singapores-marina-one-on-the-market/
- Ownership — Khazanah Nasional Berhad: Single source — mingtiandi.com · https://www.mingtiandi.com/real-estate/finance/temasek-khazanah-put-singapores-marina-one-on-the-market/
- Ownership — Temasek Holdings: Single source — mingtiandi.com · https://www.mingtiandi.com/real-estate/finance/temasek-khazanah-put-singapores-marina-one-on-the-market/
- Tenant — PwC Singapore: Single source — en.wikipedia.org · https://en.wikipedia.org/wiki/Marina_One
- Tenant — Prudential: Single source — en.wikipedia.org · https://en.wikipedia.org/wiki/Marina_One
- Tenant — MUFG Bank: Single source — en.wikipedia.org · https://en.wikipedia.org/wiki/Marina_One
- Tenant — Julius Baer: Single source — juliusbaer.com · https://www.juliusbaer.com/index.php?eID=dumpFile&t=f&f=3535&token=f356258b24baa8cd6b797d3a7f61538bff5e6fd3
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration and every underwriting output are derived arithmetic, not sourced claims. Underwriting outputs follow the assumptions printed in the panel — user-editable inputs, not observations. Not investment advice.
Anchoring begins when the asset enters the live ledger.