FACTSHEET

Marina View Residences is a 99 years leasehold site that is located along Marina View in District 01. The site was put up for sale via the Government Land Sales Programme (GLS) during the first half of 2021. Based on the URA masterplan, the land sits on a “white” site or zoning which means it can use for a mix of residential, hotel, serviced apartments, and/or commercial elements. The site will have a minimum bid price of $1,508,000,000 and any bids which falls below this amount will not be accepted. IOI Properties Group came in with a bid price of just over $101 above the minimum bid pricing. Due to the large price tag and developmental cost for the site in the Central Business District (CBD), they were the only sole applicant for the tender. This works out to a land rate of an approximate $1379 per square feet per plot ratio (psf ppr). Many analyst noted that the psf ppr of the site is “on the low side”. However as earlier mentioned, one of the reason may be that the large price tag and the cost for development resulted in less competition during GLS tender which resulted in a less competitive psf ppr. 

Situated in District 01, Marina View Residences will definitely ace in terms of locality and convenience. The district is a well sought after place and forms part of the City Area of Singapore. They include key CBD areas such as Raffles Place, Suntec City, and Marina Bay Financial Centre (MBFC). Because of its area, any residential condos identified in this district typically commands a superior pricing because of aspects such as its high rental demand and its connectivity. Nevertheless District 01 is not all about sky scrappers and businesses. The region also includes leisure areas such as Boat Quay and parts of Chinatown. These areas mentioned are particularly popular amongst citizens and tourist alike. On top of that, one may also experience memories of Singapore’s previous heritage and culture through some of its preserved colonial building designs. Other places such as the Singapore Chinese Cultural Centre also provides local artists a channel to stimulate art as well as creativeness. Thus in summary, District 01 where Marina View Residences offers a chance for potential home buyers a place to live, work, and play without having to travel far. For those working in MBFC, it will significantly save tremendous amount of commuting time to work as residents of Marina View Residences can just walk over to work within a minute from the development.

Marina Bay Financial Centre, frequently known as MBFC for its abbreviation, lies at the heart of the iconic Marina Bay. MBFC is a thriving as well as energised precinct that flawlessly extends the central business region and also supports Singapore’s progression as a major business as well as economic center in Asia. MBFC seamlessly integrates living, work as well as play in style at the most effective address located along Marina Bay in the heart of Singapore’s main CBD. Standing at 33, 50 and 46 floors in height, each of the 3 skyscrapers present breathtaking sights of Singapore’s city skyline.

Home owners of Marina View Residences will definitely enjoy the infrastructures that are in place which includes:

• A large 3.55-hectare plot that delivers the very best of work as well as lifestyle alternatives
• Connectivity to nearby MRT stations including the Thomson-East Coast Line, Downtown Line, Circle Line, East-West Line, and North-South Line
• Convenient accessibility to Singapore’s traditional CBD over at Raffles Place

Established by a joint partnership of some of Asia’s most notable property developers, CK Asset Holdings Limited, Hongkong Land and also Keppel Land, MBFC was constructed in 2 stages. Phase 1 of MBFC includes Office Towers 1 and 2, as well as Phase 1 of Marina Bay Link Shopping Mall. Phase 2 consists of Office Tower 3, Phase 2 of Marina Bay Link Shopping Center. The theme for MBFC is “A City in a Garden”, where spaces are practical, gorgeous and also eco-friendly. Designed by New York city based designers Kohn Pedersen Fox, the towers imitate crystalline types, formed right into a dominant centrepiece that overlooks the scenic skyline along the Marina Bay waterfront. The immaculately designed green areas, sky terraces and also gardens across the property development are designed to sustain the day experience for optimal staff health and performance. MBFC has state-of-the-art innovations and also environmentally clever structure developments such as the District Cooling System, energy-saving air flow systems along with mechanical and electric systems that lower the impact on the surrounding without compromising convenience. The Facilities Administration group of at MBFC is devoted to ensuring a comfortable and sustainable environment for all to enjoy the best of living, working, dining and also more. The Facilities Management group make it their personal goal to aid you feel comfortable while the Design group works hard behind the scenes to guarantee that every little thing, from air-conditioning to lift operations, lighting as well as more remain in top-notch order.

Register your interest to find out more about its locality and receive updates Marina View Residences showroom viewing. Marina View Residences showflat is opened strictly by an appointment basis only.

Marina View Residences – About

Marina View Residences is located along Marina View in District 01 of Singapore. The development is a 99 years leasehold mixed-use development on a land plot of 7817.6 sqm. The building will not exceed 200m based on Singapore Height Datum (SHD), and not exceed 245m SHD for roof articulation. 

Marina View Residences sits on a White site zoning with a Maximum Gross Floor Area of 101,629 sqm. This works out to a minimum breakdown size of:

1. Residential: 51,000 sqm 
2. Hotel related use: 26,000 sqm
3. Optional Office: 2000 sqm
4. Commercial: 2000 sqm

Subject to approval, any remaining GFA left can be use for more residential, serviced apartments, hotels, and commercial usage.

Based on URA report, the site can contain an estimate of 905 residential units and 540 hotel rooms. The developer for this new mixed use condominium launch along Marina View will be by IOI Properties Group. Any further details is yet to be confirmed by the developer press release. Register your interest to receive updates on Marina View Residences showflat viewing. Marina View Residences showroom will likely to be ready in the year 2023. Do register in the forms provided for more updates and news of this new launch.

Marina View Residences Developer

Marina View Residences is developed by IOI Properties Group. IOI Properties Group Berhad, also abbreviated as IOIPG, is a property developer based in Malaysia. Known for its strong reputation, they are one of Malaysia’s leading property developer that is also listed on the Malaysian Stock Exchange since January of 2014. The company is one of Malaysia’s largest real estate group within the country with a long track record spanning over three decades. Their primary activities includes property development, investments, leisure, and hospitality. Apart from its strong portfolio locally, IOI Properties Group also embarks on overseas property development in places such as Singapore and China. They are inclined to build quality and green building. This can be seen in their adoption of ISO standards and achieving the Green-Mark certification for its real estate development. Their strong testament as a property developer can also be proven with their numerous accolades and awards to be rank among the top developers in Asia. Examples of such awards includes organisations from FIABCI, BCI Asia, and even the Building and Construction Authority or BCA here in Singapore. Here in Singapore, some of their notable projects includes prime regions properties such as South Beach, Seascape, and Cape Royale. Marina View Residences will be the latest addition to their property portfolio.

Marina View Residences Site Plan & Facilities

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Marina View Residences eBrochure Download

Marina View Residences comprises a range of 1-4 bedroom types. In addition, there are variations within each type of layout to cater for different groups of home owners. Shown below are the various showflat layout plans.

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• Marina View Residences e-Brochure Download
• Marina View Residences Floor Plan Download
• Marina View Residences Balance Unit/Availability Chart and Price List

Marina View Residences Floor Plan

Marina View Residences Virtual Tour

Marina View Residences Virtual Tour

Link: Marina View Residences Virtual Tour

Marina View Residences Price & Balance Unit

Marina View Residences Indicative prices & balance unit

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The pricing indicated above are subject to change and may not be up to date. For more information on Marina View Residences price and Marina View Residences balance unit, fill in the form below for a showroom appointment. Showflat is open by appointment basis so hurry and register your interest for a viewing session to avoid any disappointment!

Marina View Residences Review

5 main reason to make Marina View Residences your next purchase

• Location
• Transportation
• Lifestyle
• Upside Potential
• Reputable Developer

1. Location

Situated in District 01, the condo offers purchasers a chance to own a property that is within the CBD region of Singapore. Residents that are working in the Marina Bay Financial District can walk to work thus saving daily commuting work time

2. Transportation

Residents gets to enjoy an extensive list of MRT stations that forms part of the major lines that includes the East-West Line, North-South Line, Thomson-East Coast Line, Downtown Line and Circle Line. With such transportation service available, the developer will appeal to tenants which makes it a good investment choice as well

3. Lifestyle

The lifestyle choice that residents gets to enjoy will not only include the convenience of travelling to work, but also a balance mix of live and play. In addition, the new launch condo in itself is a mix development with commercial elements on the lower floors that residents can conveniently have access to

4. Upside Potential

Sitting on the White site or zoning, the value of such properties is a rare commodity in Singapore. Enjoy upside potential in the Marina Bay Precinct with further developments on empty parcels of land that are set aside for future commercial/office developments

5. Reputable Developer

IOI Properties Group is an established developer that have build in prime region of Singapore such as Sentosa and South Beach Road. Marina View will be the latest addition to their upscale property portfolio here in Singapore which will feature a large scale development in District 01

Frequently Asked Questions (FAQ)

Marina View Residences Showroom Viewing