The building will be located at Ayer Rajah Crescent near Buona Vista MRT and is part of a broader initiative by MDA known as the Mediapolis Phase Zero, which aims to accelerate the development of next-generation consumer applications.
The super incubator aims to provide affordable space for startups and to bring major players in the Interactive Digital Media sector under one roof to spur collaboration activities. The building will have seven floors with the size of typical unit size ranging from 90 – 95 sqm.
Tenants are expected to do their own interiors including air conditioning, internet connection, lighting and finishing of walls.
On an average, the rental charges will be S$16 per sqm.
NUS Enterprise and Interactive Digital Media Program Office are the major players involved in the building of this incubator.
The space will be available from Jan 2011 to Dec 2013 and startups can enjoy 3-months rent free if they sign up for this space before 31 Dec 2010.
[Image Credit: Architecture Lab]
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