The Marina Gardens Lane Residences is a highly anticipated development that promises a seamless blend of luxury, convenience, and sophistication. Situated in one of the most iconic areas in Singapore, Marina Bay, this 99-year leasehold development is poised to redefine upscale urban living. Below are some of the key project details that highlight what potential residents can expect from this luxurious residence.
The development is backed by a consortium that combines experience, innovation, and financial robustness. It consists of Kingsford Huray Development, a subsidiary of Chinese developer Kingsford Group, along with Obsidian Development and Polarix Cultural & Science Park Investment. These developers have a solid track record in delivering high-quality projects, ensuring that the Marina Gardens Lane Residences will be constructed to the highest standards.
Situated at Marina Gardens Lane, the development offers a prestigious address in a district famous for its iconic landmarks like Marina Bay Sands, Gardens by the Bay, and the Singapore Flyer. Not only will residents enjoy spectacular views, but they will also benefit from a wealth of nearby amenities and attractions. Proximity to the Central Business District (CBD) also makes it an ideal residence for professionals working in the area.
Covering approximately 131,805 square feet, the development is zoned for residential use with commercial space on the first floor. The project is slated to yield an estimated 790 residential units and approximately 8,073 square feet of commercial space. The maximum gross floor area (GFA) stands at about 738,114 square feet, offering generous space for both living and leisure activities.
The design of the Marina Gardens Lane Residences aims to break new ground in architectural excellence. While details are yet to be fully disclosed, potential buyers can expect cutting-edge design features that incorporate sustainable practices, smart home technologies, and optimized space utilization. Given the track record of the developers, the finished product is likely to be an aesthetically pleasing masterpiece that pays meticulous attention to detail.
Residents will have access to a comprehensive suite of amenities designed to enhance the quality of life. These will likely include a swimming pool, gymnasium, barbecue pits, function rooms, and perhaps even a mini-theatre. Given the project’s seafront location, one can also expect landscaped gardens and outdoor spaces designed to make the most of the panoramic views over Marina Bay.
Being in Marina Bay means having unparalleled connectivity. The development is expected to offer direct access to the Marina South MRT Station, connecting residents effortlessly to other parts of the city. Numerous bus routes and well-laid roads will make commuting by car just as convenient.
The commercial space on the first floor provides added convenience for the residents. From grocery stores to cafes and boutique shops, the commercial area is expected to cater to the daily needs and lifestyle demands of the community.
The Marina Gardens Lane Residences is the first of five parcels in the Marina South precinct to be put up for sale. As this area sees more development in line with the URA Master Plan, the value of residences is only likely to go up, making it a sound investment for the future. Moreover, its prime location next to other commercial and residential projects slated for launch ensures that the area will become even more vibrant and valuable over time.
Pricing and Affordability
While exact pricing details are yet to be released, the land rate of $1,402 psf per plot ratio (psf ppr) gives some indication. Considering the location and the luxurious nature of the development, it will target the upper-middle to high-income segments. Industry experts predict that the prices for residential units could range from $2,450 psf and move up to an average of around $2,600 to $2,700 psf.
The Marina Gardens Lane Residences is set to become one of the most sought-after addresses in Singapore. With its prime location, high-quality construction, extensive amenities, and potential for future value appreciation, it offers a unique blend of luxury and practicality. For those seeking a home that encapsulates the best of modern living in one of the world’s most vibrant urban environments, this development promises to deliver on all fronts.