The Marina Gardens Lane GLS Site at Marina South
The Marina Gardens Lane site at Marina South is expected to attract developers, as it is located next to the Gardens by the Bay tourist attraction. The area will eventually be home to a mixed-use development, combining a commercial project and residential housing. It will be the first development on Marina Gardens Lane and the surrounding Marina South neighbourhood.
Marina South is Singapore’s premier financial and business district
The Marina Bay District is a new, hip downtown in Singapore with skyscrapers, luxury malls, and an upscale atmosphere catering to the wealthy and well-to-do. The area is part of a 360-hectare extension of the Central Business District. There are three main areas: Marina South, Marina East, and Straits View.
The Marina South area is adjacent to the Downtown Core and is a redeveloped area on the southern shore of the Marina Bay peninsula. Eventually, this area will contain a mix of office, retail, and residential uses. It is the city’s premier financial and business district, and it is home to the iconic Marina Bay Sands and Gardens by the Bay.
One of the city’s most prominent buildings is the Marina Bay Financial Centre, a purpose-built financial district. It aims to cement Singapore’s status as the financial capital of South-East Asia. The tower is 50 floors high and is a hub for business, financial, and lifestyle activities. The building is home to a variety of tenants, including American Express, BHP Billiton, and Barclays. Tower two is fully leased to Macquarie Group and Mount Eastern Holdings.
Marina Gardens Lane GLS Site is set to become a self-sufficient neighbourhood
Marina South will be a new car-lite precinct that will have many amenities for Marina Gardens Lane GLS Site residents. It will have parks and public spaces, shops and F&B outlets, childcare centres, and more. The first sale site in the neighbourhood, Marina Gardens Lane, is slated to open in 2H2022. The neighbourhood will have a mix of private and public housing, as well as a range of commercial uses.
The GLS Programme, which unlocks state land for private development, is set to kick-start the development of Marina South. Developers can choose from one of 14 sites – one next to the Gardens by the Bay – which have been approved by URA. The government will launch tenders for the confirmed GLS sites at pre-determined dates.
The development will include high-end condominiums and luxurious residential units. The upscale community will be accessible for both foreigners and locals. The apartments and penthouses will feature luxurious interiors and world-class amenities. Currently, there are 459 active listings for this project.
Marina Gardens Lane GLS Site is a car-lite neighbourhood
One of the prime areas in Singapore for development is the Marina South precinct, which is located next to Gardens by the Bay. This precinct is slated to be car-lite and self-sufficient, with a mix of office, retail, hotel, and residential uses. The precinct’s GLS site is expected to yield around 795 residential units and 750 square meters of commercial space.
The Marina Gardens Lane Residences project is a pioneer project in car-lite, sustainable development, with a focus on green and healthy living. Its concept has won many design awards and generated huge interest even before it has been completed. It has been lauded as a landmark in contemporary architecture and is expected to embody the vision of a car-lite neighbourhood.
The Marina South precinct will feature a mix of retail, office, hotel, and residential uses, as well as public and private spaces. In addition, it will have a comprehensive cycling network and an elevated pedestrian walkway to connect to the nearby Thomson-East Coast Line station. The development will also include a variety of amenities, including parks and playgrounds for children.
Marina Gardens Lane GLS Site is a sustainable neighbourhood
The Marina Gardens Lane GLS Site is the first of the Marina South precinct’s sites and is part of the GLS Government Land Sales (GLS) programme. Situated next to Gardens by the Bay and offering direct MRT access, the site is set to kickstart the neighbourhood’s development. It is expected to yield approximately 795 residential units. The development is expected to meet Singapore’s green development goals and be environmentally sustainable.
The proposed mixed-use development site is expected to cost around $1 billion. Developers with deep pockets would likely be keen to bid for the site. The government will closely monitor the market conditions and watch for potential bidders. Once the public tender is launched, this site is expected to become a hot property.
The Marina Gardens Lane GLS Site at Marina South offers a prime location near the city’s financial district, Marina Bay, Shenton Way, Thomson-East Coast, and Downtown. The area is convenient for commuters as well as residents, with nearby supermarkets, grocery stores, hair salons, and other amenities.