MARINA ONE RESIDENCES
Marina One Residences is a 99-year award-winning leasehold condominium located at 21, 23 Marina Way, Singapore and is developed by MS Residential 1 Pte Ltd, MS Residential 2 Pte Ltd, and MS Commercial Pte Ltd. It consists of 1,024 units of a mixture of 1-4 bedrooms and penthouses. The “City in a Garden” is a Marina Bay residential development designed by a famous Supergreen architecture, Christoph Ingenhoven. There are many amenities inside the property that are designed to indulge and entertain the residents: a 50m Lap pool, Aqua gym, Jacuzzi, Sauna, Steam room, Wellness Sanctuary, Clubhouse with concierge counter, BBQ Terraces, Teppanyaki terraces, retail and lifestyle conveniences, and a party zone.
Developer: M+S Pte Ltd
Landscape Architect: Gustafson Porter (London)
Address: 21 & 23 Marina Way
Tenure: 99 years leasehold w.e.f 1st July 2011
Number of units: 1,042 units
Expected Date of Completion (T.O.P.): August 2021
Site Area: 26,200sqm
We Connects You to 4 MRTs Line in the Heart of Financial District
According to Edgeprop, the estimated breakeven price of Penrose is $1,264 psf.
Accessibility and Amenities
The blueprint for Paya Lebar Central was unveiled by URA as part of the 2008 Master Plan. Around 12ha of land is available for development with about 500,000sqm of commercial space. The area is to be developed into a lively, pedestrian-friendly commercial hub with a distinctive cultural identity. 3 new shopping malls have also opened in the recent years, including One KM, Paya Lebar Square and Paya Lebar Quarter. As part of the rejuvenation plan, Singpost Centre has also been refurbished with more attractive amenities and retail mix.
Near Penrose Residences, a 8.2ha Kampong Bugis site along Kallang River was called for tender in Dec 2019. This site is expected to yield 4,000 private homes and 50,000sqm of commercial space for retail, office, hotel and recreational use. The entire precinct will be developed in 9 to 11 years by a single developer. The nearby Bidadari Estate is also envisioned to be the next Bishan district, with its plan taking shape since year 2015. A 10ha Bidadari Park with a lake will vitalise the estate, together with 6 distinctive neighbourhoods, and a mixed commercial and residential cluster.
The Singapore Sports Hub is just a short distance away. With sports facilities such as gyms, badminton courts, basketball courts, swimming pools and even beach volleyball courts, residents can look forward to a variety of programmes at the OCBC Arena and National Stadium.
Kallang Wave Mall is also a popular attraction, with a NTUC Hypermart, multiple food options and indoor rock climibing. The cinema and bowling alley at Kallang Leisure Park also puts you in close proximity to more leisure activities.
Easily connected via 3 MRT stations
Located in the prime core central of Singapore
One of the iconic projects in Marina Bay
Restaurants, retail shops and supermarket are just within walking distance
Developer: NovaSims Development Pte. Ltd. (UEN. 201912247D) • Developer’s Licence No.: C1367 • Tenure of Land: Leasehold (99 years lease commencing from 3 July 2019) • Encumbrances: Mortgage in favour of DBS Bank Ltd. • Date of Notice of Vacant Possession under the Sale and Purchase Agreement: No later than 1 October 2025 • Expected Date of Legal Completion: No later than 1 October 2028 or 3 years after the Date of Delivery of Vacant Possession, whichever is the earlier • Lot No. & Location: Lot 11029X MK 24 at Sims Drive
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Disclaimer: The information is subject to change as may be required. All information provided have been treated with care and developer and/or marketing agent should not be liable for any inaccuracy.