If you are interested in reinvesting in Singapore’s real estate market, you should consider investing in Marina Gardens Lane. It is one of the prime locations in the city and is excellent for capital appreciation and rental income. As well as being in a great location, the units of Marina Gardens Lane have excellent facilities, making it an ideal investment option for working professionals. Moreover, the units will be ready for occupancy, so you can immediately start renting them out.
Marina Gardens Lane is a new site
The Government of Singapore announced the launch of Marina Gardens Lane on June 7 2022 as part of the GLS Government Land Sales programme. It is the first new site in the Marina South precinct and is situated next to Gardens by the Bay. The project is expected to kick-start the development of this area with up to 795 residential units. The luxury project will feature a stunning urban park setting, renowned designers and luxurious amenities. Its convenient location provides easy access to public transportation. The development is also surrounded by three MRT stations, including Shenton Way, on the Thomson-East Coast Line.
The Marina Gardens Lane Residences are part of a project called Marina South, which aims to be a live-work-play district. The project will feature great views of the city skyline. M+S Pte Ltd, a joint venture between Temasek Holdings and Khazanah Nasional, is developing the project. It is expected to have a tender price of S$2.4 billion.
This upscale residential complex is located in the Marina Bay economic district, which includes public transport and shopping centers. With four MRT stations within a few minutes’ drive, it will provide excellent connectivity. This project is a landmark collaboration between the Malaysian and Singapore governments. However, its government-owned nature may give the developer an unfair pricing advantage. This can mean the price of a luxury Marina Gardens Lane condo will be above $900 per square foot.
Located in Singapore’s financial district, Marina Gardens Lane Residences is a world-class integrated development. It combines public transport with urban living and is surrounded by two parks. It is also very accessible by MRT, making it ideal for those who need easy access to downtown Singapore.
It is the priciest parcel on the Government Land Sales list
The luxury Marina Gardens Lane condominium is one of the most anticipated launches in Singapore. The property is located in the city-state’s downtown core and is set to be completed in 2022. Its launch price is expected to be at least $2400 per square foot. Located next to the popular Garden by the Bay, the site also provides easy access to the Marina South MRT station.
Located adjacent to the Gardens by the Bay, the Marina Gardens Lane site provides first-mover advantage. In addition, the development will be linked to the Marina South MRT station in the near future. Meanwhile, the nearby Tampines Avenue 11 is a mixed-use site with commercial and residential development. HDB has already launched a couple of BTO and EC projects in the area. In addition, the GLS programme has facilitated the release of state-owned land for private development.
Marina Gardens Lane is surrounded by lush greenery and provides a picturesque setting. It is an excellent choice for investors looking to maximize rental income and capital appreciation. This location is accessible by public transportation, offers high rental yields, and is surrounded by a variety of amenities.
The Marina Gardens Lane Residences are located in the heart of Singapore. The complex is close to Marina Bay, Downtown, Shenton Way, and the Thomson-East Coast. The location also provides an excellent access to nearby malls and grocery stores. Residents can also enjoy nearby beauty and hair salons.
It will yield 795 homes
The Government announced the launch of the Marina Gardens Lane GLS land parcel in 2022. This site is adjacent to Gardens by the Bay and will be connected to the Marina South MRT station. The precinct will feature a mix of residential, commercial and mixed-use developments. The site is expected to yield approximately 795 residential units and 750 square meters of commercial space. The development of this site is expected to yield a value of over $1 billion.
This luxury development in Singapore is set to launch in December. It will offer a variety of units ranging from affordable to luxurious, based on the desired lifestyle. Featuring a private beach and a vast business district, the development is expected to offer an elite lifestyle to its residents. In addition, residents will have convenient access to major universities and shopping centres.
The government has increased the number of residential units for its Confirmed List during the last half year. This new supply represents an increase of about twenty-five percent from the previous year. The government plans to sell about seven thousand homes through the government land sales program.
The GLS programme for the second half of this year has a higher supply than the first half of 2014. However, more developers are expected to trigger the reserve list within the next six months. Currently, the GLS programme has 14 sites for the second half of this year, including six confirmed and eight reserve list sites. This increased supply is anticipated to boost the supply of housing in Singapore.
In addition to being near the waterfront, Marina Gardens Lane is easily accessible. The residences offer balconies from which residents can enjoy stunning city views. Several amenities are located nearby, including the Downtown MRT station and Gardens by the Bay. The location of this development makes it an ideal choice for commuters looking to live in the city. A few minutes’ drive away, they can easily reach Changi Airport.
It will yield 750 sqm of commercial space
The first land parcel under Government Land Sales, Marina Gardens Lane, is set to go on sale in June 2022. The government expects this site to yield seven hundred and ninety three residential units and 750 square meters of commercial space. Located near the Gardens by the Bay tourist attraction, this site is expected to kick-start private residential development in the Marina South neighbourhood.
The site is one of five ‘white’ sites in the area with residential and commercial space at the first storey. It is expected to be the testbed for future developments in the area, particularly those that integrate hotel facilities. It will also benefit from strong connectivity to the nearby Marina South MRT station. The site was previously on the H1 2022 GLS Reserve List, but it has now been released. Another new plot is Lentor Central, which is set to yield up to 750 square meters of commercial space.
The government land sales process will yield seven hundred and fifty-five residential units and 750 square meters of commercial space, depending on the size and plot ratio. The project is expected to be launched by December 2022. The development will be on a 99-year leasehold site.
Government Land Sales are a process whereby land in Singapore can be purchased by developers to build private housing. The sales process takes approximately two years and is expected to yield about seven hundred and fifty-five units. Upon completion, the luxury Marina Gardens Lane condo is expected to have spectacular views of Gardens by the Bay and the city skyline.
As the economy and land supply in Singapore continue to grow, the government is planning to increase supply of private housing to the second half of 2022. This is a response to the strong demand and low inventory. The government intends to develop six Confirmed List sites and eight Reserve List sites. These sites will yield approximately seven hundred and thirty-five private residential units, fourteen thousand and fifty-five square meters of commercial space, and 530 hotel rooms.
It has private parks
The luxury Marina Gardens Lane condo launch price is the first time a developer has bid this high for a condo project. It is likely to surpass the highest previous tender by S$362 million, or 16.4%. It is also the highest price paid for a mixed-use development in Singapore, breaking the previous record of S$1,409 per square foot a decade ago.
The luxury Marina Gardens Lane Residences will offer a prime waterfront location with access to the city’s amenities. Residents will enjoy easy access to a variety of shopping, dining, and entertainment options. This cosmopolitan neighborhood is near several MRT stations, including the popular Bayfront Line.
One of the best aspects of the development is its location, which is next to the Gardens by the Bay. It has easy access to the city’s business districts and is also near two parks. In addition, residents can easily access public transportation to reach their office or school. The new Marina South MRT station is also nearby, making it an excellent location for commuters.
A few developers are looking at the luxury Marina Gardens Lane project, but only a handful have so far committed to the project. While the size of the site may only attract a select few developers, it will be a test of the market’s appetite for premium homes. In the meantime, a 20% discount will make the property even more affordable for buyers. If you’re planning to invest in this new project, don’t wait any longer. It may be delayed due to high land costs and headwinds in the construction industry.