M+S, the joint venture partner consisting of Malaysia's Khazanah Nasional and Singapore's Temasek Holdings, started private previews of its second tower (Tower 23) of Marina One Residences from 18th June 2018. The launch is scheduled for Wednesday 4th July 2018.
According to a news report by EdgeProp, "Units at the premium tower at Marina One Residences - called Garden Tower - will be priced from $2,400 psf, with average prices in the range of $2,700 to $2,800 psf, says Kemmy Tan, CEO of M+S"
Interest among prospective buyers has been strong, notes Tan Siew May, CBRE senior director of residential projects. “The indicative price at an average of $2,700 to $2,800 psf looks attractive compared with recent land prices; for instance, the en bloc sale of Park House on Orchard Boulevard was at $2,910 psf per plot ratio,” she says. “This implies that future project prices will be higher” added the news article by EdgeProp
The Garden Tower and the previously launched Park Tower are a mirror image of each other. Each tower are 34-storeys high containing 521 units. Thus the total number of units at Marina One Residences is 1,042.
It has a good mix of unit types, with sizes that are appreciatively larger than the usual condominiums launched in recent years. The units at Garden Tower will have unobstructed sea views and a view of Marina Bay and the three of Singapore's world renowned icons, namely, Gardens by the Bay, Marina Bay Sands and The Singapore Flyer.
One-bedroom and one-bedroom-plus-study units at Garden Tower are 657 to 775 sq ft. Two-bedroom units are 980 to 1,066 sq ft, while two-bedroom-plus-study units are 1,141 to 1,281 sq ft. Three-bedroom-plus-study units are 1,561 to 1,593 sq ft and four-bedroom units are 2,034 to 2,250 sq ft. Penthouses are 6,491 to 8,568 sq ft.
This video below covers the three show units.
Type 1G, 1-Bedroom Marina One Residences Showflat, 62 sq m / 667 sq ft (including balcony of 6 sqm / 65 sq ft)
Type 2F+S, 2-Bedroom+Study Marina One Residences Showflat, 107 sq m / 1,152 sq ft (including balcony of 12 sqm / 129 sq ft)
Type 3A+S, 3-Bedroom+Study Marina One Residences Showflat, 145 sq m / 1,561 sq ft (including balcony of 13 sqm / 140 sq ft)
UPSIDE POTENTIAL
Stella Thng from The Business Times on 4th June 2018 wrote an article entitled: Marina Bay: Worth Investing in Now?
We analyse if you should invest in a premium city home in the new financial district, such as Marina One Residences, before it is fully completed and prices rocket.
Stella pointed out that no other area in Singapore has been attracting as much widespread attention as Marina Bay.
Marina Bay is a 360-hectare business and financial hub that has attracted investors and prominent global institutions since the Government announced that it will be an extension of Singapore's downtown district and doubling the size of the financial district over time.
Marina Bay is in a prime location and gives many exciting possibilities for exciting cosmopolitan city living where one can live, work, play, shop and dine all in one big and central location.
It is not just for people aspiring for a dream home in the District 1 but is also great for investors seeking good capital gain and rental yield.
Register here to preview the show units:
https://goo.gl/forms/TruMsdh0qVPZqhVl1
Singapore Property Agent Vincent Siew
Real estate consultant in Singapore
Address: 430 Lor 6 Toa Payoh #01-01, Singapore 319402
Phone: +65 9168 2123
Email: [email protected]
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