Marina Gardens Lane GLS The First Condo Development in the Marina South Precinct

No Comments

Marina Gardens Lane GLS – The First Condo Development in the Marina South Precinct

The Marina Gardens Lane development site offers a first-mover advantage as it is next to Gardens by the Bay. It is also linked to the Marina South MRT station. Other developments in the vicinity include the Tampines Ave 11 site, which is a combination of residential and commercial properties. There are EC and BTO projects in the neighbourhood. The GLS (Global Land Services) programmes have released state land for private development.

Marina Gardens Lane

Marina Gardens Lane GLS Marina South is the first condo development in the Marina South precinct. This precinct is adjacent to Gardens by the Bay and overlooks the Marina Reservoir and Straits of Singapore. This precinct is intended to be car-lite and sustainable. The project is expected to yield 795 residential units and 750 sq m of retail space.

According to real estate experts, this site will attract developers as one of the most prime parcels. It will be located near the popular Gardens by the Bay tourist attraction and the central business district. In addition to being near the city center, this site will also be the first mixed-use development in the Marina South neighbourhood.

Location

The Government has announced the first site for sale under its Government Land Sales programme – Marina Gardens Lane. The site is adjacent to Gardens by the Bay and will be connected to the Marina South MRT station. The precinct has a stunning waterfront location with views of the Marina Reservoir and the Straits of Singapore. The development will provide a mix of residential, office and retail uses. The site has the potential to yield as many as 795 residential units.

As part of the GLS programme, this site is expected to be a testbed for expansion of Marina Bay and Gardens by the Bay. In addition, it is close to the Thomson East Coast Line station. The new development at Marina Gardens Lane is likely to attract developers with a track record of curating artisanal retail spaces.

Price

Developers are expected to rush in for Marina Gardens Lane GLS, a new land parcel that sits next to the Gardens by the Bay tourist attraction. This site is prime real estate for both residential and commercial uses. Upon completion, it is expected to yield around 795 residential units and 750 square metres of commercial space. The development is set to launch in two to three years.

The first parcel to go on sale under the GLS Government Land Sales (GLS) programme is the Marina Gardens Lane site. The site has a total land area of 1.23ha and is expected to yield around 793 units. The site is expected to be highly sought after given its prime location, just a short walk to the Marina South MRT station and Gardens by the Bay. The site is expected to be open for tender in December 2022.

Facilities

Facilities at Marina Gardens Lane GLS Marina South will offer a fusion of commercial and residential uses on the ground floor. The precinct is surrounded by the Gardens by the Bay and has a strong connection to the MRT station. The residential tower will have a total of 795 units and 750 square meters of retail space.

The precinct is located next to the Gardens by the Bay and overlooks the Marina Reservoir and the Straits of Singapore. It will have a mix of office, retail, and recreational uses. It will feature a park, childcare center, and shops with personal services. The neighbourhood is expected to debut as a mixed-use development in 2H2022, and is expected to increase in size as more land is developed.

Reserve list

The Marina Gardens Lane GLS development site is located near the Marina South MRT station. Its location is ideal for developers as it offers first-mover advantages. The development site is also adjacent to Gardens by the Bay. It will also feature a direct link to the Marina South MRT station. HDB has already launched several BTO and EC projects in Tampines North. In the future, this development site could potentially become a mixed-use neighbourhood with offices and retail space.

It is hoped that this development site will launch for sales sometime in 2022. It has the potential to yield up to 795 residential units and 750 square metres of commercial space. It will also feature spectacular views of the city skyline and the Gardens by the Bay.

Categories: Uncategorized

Leave a Reply