What makes One Marina Gardens stand out in the bustling Marina South precinct? Nestled in a prime District 1 address, this development offers something for everyone with its direct access to the Marina South MRT station and proximity to the Marina Bay Financial Centre, making it a dream for commuters.
Just a stroll away lies the breathtaking Gardens by the Bay, providing both natural beauty and leisure. With major expressways like the MCE and ECP nearby, connectivity truly is a breeze. Additionally, the development encompasses approximately 131,805 sq ft of land, allowing for ample amenities and green spaces. One Marina Gardens is strategically positioned at the heart of a vibrant urban landscape, enhancing its investment potential.
Spread across two towers, One Marina Gardens boasts 937 residential units, ranging from cozy one-bedroom to spacious four-bedroom options, including desirable dual-key layouts. This versatile mix attracts a broad spectrum of potential buyers.
With its expected Temporary Occupation Permit (TOP) set for 2029, developed by the trusted Kingsford Group consortium, anticipation is building amidst the community.
Pricing starts at $1.16 million for a one-bedroom unit, with prices per square foot varying between $1,944 and $3,302. This competitive pricing highlights its first-mover advantage in the up-and-coming Marina South area, promising long-term capital appreciation as the region develops.
Amenities abound, ensuring that residents enjoy both comfort and luxury; a 50-meter lap pool, themed pools, and even a sky gym on the 45th floor with panoramic views.
Additional conveniences like a childcare center and retail spaces on the first floor cater to families and busy professionals alike.
With a projected rental yield of 3.5-4.5%, the rental potential looks solid, drawing interest from CBD professionals and expatriates, though it’s notable that immediate amenities are still limited. In light of the anticipated 3% market decline in 2024, One Marina Gardens may represent a strategic opportunity for buyers seeking value in premium locations.
Buyers must remain cautious of market risks, including potential oversupply due to ongoing developments and the unpredictable nature of property cooling measures.
