Marina View Residences

Latest Unit Sold: – | See the Remaining Units

OVERVIEW

Marina View Residences is a mixed-use development situated at Marina View in District 1 of Singapore, with a leasehold tenure of 99 years. The development is expected to house a total of 683 units and 540 hotel rooms. It is also expected to receive its TOP in 2026.

Nestled in the Downtown Core, Marina View Residences will be developed by trusted developer IOI Properties. IOI Properties acquired the 84,110 sqft site after being the sole bidder for the Marina View government land sales (GLS) at the close of the tender on September 2021.

The unit types at Marina View Residences range from 1 Bedroom+Study to spacious 5-Bedroom with quality fittings and appliances. With prices estimated to be from $3.35 mil and $2885 psf, Marina View Residences is set to be one of the most affordable new launch mixed-use condominiums in District 1 of Singapore.

If you’re exploring your options for modern new launch condominium, Marina View Residences is a compelling choice as it also provides residents with convenient access to shopping, dining, educational institutions, and healthcare facilities, as well as proximity to nature parks for outdoor activities. Additionally, Marina View Residences is located nearby to Shenton Way MRT, enhancing its connectivity. Marina View Residences also offers a variety of facilities, both indoors and outdoors, to suit the different lifestyles and interests of residents.

LOCATION

PRICE

The expected launch price for Marina View Residences ranges between $1950 psf to $2400 psf. Find out more details on Marina View Residences price.

FLOOR PLANS & SITE PLAN

At Marina View Residences, we offer a range of unit types, designed to cater to a diverse range of residents. Our unit sizes vary from 506 sqft to 1,765 sqft, providing ample space for comfortable living. Accommodating families, Marina View Residences, offers a spectrum of 1 to 5-bedroom units. These units are designed with squarish and regular layouts to optimize space utilization.

Marina View Residences also offer extensive green areas, abundant greenery, and 50 condo facilities for residents’ enjoyment. Among these amenities is a standalone Grand Clubhouse with a hilltop co-working area, function room, hilltop gym, and outdoor grill pavilion. Wellness facilities comprise five sparkling pools, jogging and cardio paths, an aqua gym, reflexology path, spa beds, and various exclusive relaxation spaces.

Find out more about Marina View Residences floor plans and Marina View Residences site plan.

DEVELOPER

Marina View Residences is the brainchild of IOI Properties, a highly respected developer with a proven track record in Malaysia and beyond. Here’s a closer look at what makes them a trusted name behind this exciting new development:

• Established Expertise: Founded in 1999, IOI Properties boasts over 30 years of experience crafting exceptional residential and commercial projects across Asia. Their portfolio includes townships, shopping malls, offices, and luxury residences.

• Award-Winning Reputation: IOI Properties is recognized for their commitment to quality and innovation. They have garnered numerous awards for their developments, solidifying their position as a leading developer in the region.

• Experience in Singapore: While Marina View Residences marks their first foray into developing a condo on their own in Singapore, IOI Properties is no stranger to the market. They successfully partnered with Ho Bee Land on high-end residential projects like Seascape and Cape Royale at Sentosa Cove, showcasing their understanding of the Singaporean property landscape.

• Focus on Marina Bay Lifestyle: IOI Properties clearly recognizes the allure of the Marina Bay area. Their development of Marina View Residences puts residents at the heart of the action, offering unparalleled access to stunning waterfront views, world-class amenities, and the vibrancy of Singapore’s downtown core.

Choosing a residence developed by IOI Properties signifies choosing a developer with a strong foundation in experience, quality, and a commitment to creating exceptional living spaces. Their expertise and proven track record ensure Marina View Residences will be a development that residents can be proud to call home.

Check out Marina View Residences’s developer IOI Properties and their past projects.

REGISTER AN ONLINE APPOINTMENT WITH US

In order for you to book a showflat appointment, simply book through this official developer website or simply dial our sales hotline +65 88975284 before coming down to view Marina View Residences Showflat. Our showflat might be closed for certain days due to monthly routine maintenance work or maybe closed for developer’s private events. Therefore all visitors are strongly urged to secure an appointment online before making your way down to Marina View Residences Showflat to prevent any foreseeable disappointment or inconvenience that might cause to you.

For all interested parties whom had registered an online appointment with us, please rest assured that you will be still enjoying our Direct Developer Price with NO COMMISSION payable by you.

If you had registered an online appointment with us, you do not have to register again to avoid duplication. Please be rest assured that our sales staff will contact you in One hour time to confirm your appointment. An email will also be sent to you once registered with us.

Please do note that all balance units for sale at development Marina View Residences are based on first come first serve basis. We do allow reservation of unit up to 2 hours and it is subject to management’s approval.

Any Price stated in this website is subjected to change without any further notice.

REVIEW

Malaysian property developer IOI Properties emerged victorious in the tender for the Marina View GLS site, the sole bidder with an offer of $1.508 billion. This secures them a prime piece of land intended for a mixed-use development, which has been announced as Marina View Residences. 

The winning bid translates to a land rate of $1,379 psf and marks IOI Properties’ second successful GLS white site acquisition in the Marina Bay area, following their 2016 win for the Central Boulevard site.

Marina View Residences is planned to include 683 residential units, a 540-room hotel, and commercial space. Analysts were surprised by the lack of competition for the site, which many expected to be highly attractive due to its residential component.

Experts attribute the low participation to several factors. The large project size and ongoing uncertainties surrounding global travel and construction labor shortages were seen as potential risks by some developers.

Others suggest that developers might find better returns in established residential districts. The high minimum bid for the hotel component and the potential costs associated with a high-end hotel were also seen as deterrents.

The long development timeline, however, was expected to mitigate some of the short-term COVID-19 concerns for the hospitality sector.

This win for IOI Properties comes amidst a cautious market environment, with developers wary of large-scale projects and rising development costs. The recent financial troubles of a major Chinese property developer are also seen as contributing to the increased risk perception.