In the vibrant landscape of urban development, the Marina South Waterfront emerges as a prime opportunity for investors looking to capitalize on a flourishing real estate market. This area is set to feature the groundbreaking One Marina Gardens, the very first residential project in Marina South, offering a collection of 937 premium residential units across two impressive high-rise towers. With one block standing at 30 stories and the other soaring to 44, these buildings provide residents sweeping views of the waterfront.
Strategically located, Marina South is close to the bustling city center, with easy access to both green spaces and urban amenities. Investors can appreciate its proximity to the iconic Marina Bay and the bustling Central Business District, as well as nearby transit options like the Labrador Park and Telok Blangah MRT stations. This area is part of a visionary 2,000-hectare Greater Southern Waterfront project, which promises to revolutionize Singapore’s coastline and urban landscape.
Furthermore, Marina South is designed as a sustainable, car-lite neighborhood, emphasizing eco-friendly living. Cycling networks and pedestrian-friendly streets will allow residents to enjoy their surroundings while contributing to a greener future. Despite the projected modest decline of 3% in the overall property market for 2024, prime waterfront properties like these tend to maintain their value due to their unique positioning. The area includes green roofs, landscaped terraces, and corridors that enhance the sense of nature amidst urban life, promoting a healthier lifestyle.
The amenities in the vicinity are abundant, with future recreational developments enhancing the live-work-play concept integral to the Greater Southern Waterfront vision. As homebuyers consider their options, the breathtaking views and access to waterfront promenades may prove irresistible.
With the anticipated high demand for prime waterfront properties, Marina South presents an attractive proposition for both local and foreign investors. The limited supply of residential units adds an extra edge, promising strong rental yields and the potential for property value appreciation.
With a long-term government commitment to urban transformation, early-mover investors stand to benefit greatly from this rapidly evolving landscape.
