Home Latest News A Long-Term Investment Opportunity in Singapore’s Downtown Core

A Long-Term Investment Opportunity in Singapore’s Downtown Core

by admin

Steeped in history, Marina Bay has become a symbol of 21st century Singapore encompassing a leading financial centre, world renowned entertainment facilities, civic spaces and a community playground for all.

The precinct is highly sought after for its prime location in the heart of the Central Business District.

A recent addition to the area is Marina One, a 3.67 million square feet development that boast a sustainable integrated living concept.

Developed by M+S, a historic joint venture between Temasek Holdings of Singapore and Khazanah Nasional of Malaysia, the development comprises luxury residences known as Marina One Residences, retail, lifestyle, and F&B spaces as well as Grade A offices.

Within the development lies a 65,000 sq ft biodiversity garden or “Green Heart” and a 13-metre waterfall which exuberates calm and tranquillity whilst still being in the middle of a thriving financial centre.

PropGuru_marina-one-image

Marina One is a 3.67 million square feet integrated development comprising 1,042 units of luxury residences, retail, lifestyle and F&B spaces and Grade A offices. Photo: M+S

Along with the abundance of lush greenery and soothing water features, residents can also enjoy well-thought-out recreational spaces that are designed for ultimate relaxation.

Adding to the luscious greenery are two nearby parks Marina Station Square and Central Linear Park.

The two residential towers offer occupants stunning views of the “Green Heart”, city skyline and the sea.

Ideal For WFH

Units in this multi-award-winning luxury project range from 1- to 4-bedrooms as well as penthouses. Many of the 2- and 3- bedders come with a study and is perfect for WFH arrangements.

Good size balconies also provide the flexibility for a second study area, outdoor dining sanctuary or indoor garden getaway.

It’s worth noting that the 1 bedroom units at Marina One Residences, ranging between 657 sq ft and 775 sq ft, are bigger than most new launch units in the Core Central Region.

Interior view of unit at Marina One Residences

Units in Marina One Residences are competitively price and start from $2,200 psf. Photo: M+S

“With the current pandemic and more people having to work from home, it has created an increased demand for homes with larger living spaces,” noted PropNex Chief Executive Officer Ismail Gafoor.

“It is increasingly common for homebuyers to buy homes with an additional bedroom that can be converted into a defunct office for telecommuting. Units that are generally larger in size will be popular with not only homeowners, but investors and their tenants who would appreciate the generous floor space,” he added.

Top-Notch Facilities

Marina One Residences is a 99-year old development with 1,042 units and over 20 different types of condominium facilities.

Spread out over two levels, residents can enjoy a luxurious 50-meter lap pool, a 200 square-meter gymnasium, a wellness garden, aqua gymnasium equipment, jacuzzi and fitness stations.

Gym at Marina One Residences

Marina One Residences host a variety of facilities including 200 square meters of gymnasium. Photo: M+S

A wide array of entertainment venues within the development also await you and your guests including Teppanyaki Terraces, a private lounge, 2 private dining rooms for dinner with a fully equipped kitchen, residential areas to relax and a playground for children.

Teppanyaki and BBQ Terrace at Marina One Residences

Teppanyaki and BBQ Terrace at Marina One Residences. Photo: M+S

Topping off the luxurious experience is a concierge service to assist residents with their needs and requests.

What’s more, all 2- and 3- bedroom units with attached study rooms, 4-bedrooms and penthouse units come with private lifts.

Within the wider Marina One development, there’s instant access to cafes, restaurants and amenities, including a full supermarket.

For those who choose to mix up their work-out routines, there is also a 2-storey commercial gym in the development, while beautiful cycling and jogging paths through Marina Bay and Gardens By the Bay are right at your doorstep.

Excellent Connectivity
With links to 4 out of 6 MRT lines (North-South, Circle, Downtown and upcoming Thomson-East Coast), commuting from Marina One is a breeze.

The Marina Bay, Downtown and the upcoming Shenton Way MRT stations are within walking distance of the development. A future underground pedestrian link will connect residents to Raffles Place MRT.  

By road, Marina One is located right next to the Marina Coastal Expressway (MCE) and East Coast Parkway (ECP), providing excellent connectivity to the rest of the island. Orchard Road, Singapore’s popular shopping area, is a 10-minute drive away.

Venture out by foot, and you will find Marina Bay Sands and Gardens By The Bay within walking distance. Many other world-class attractions like the Singapore Flyer and The Esplanade are a stone’s throw away.

Shopping centres like Capitol Piazza, Raffles City Shopping Centre, Marina Square and Suntec City are also close by, providing residents even more retail, dining and recreational options.

Long-Term Growth Potential

Besides its prized location, buyers can also benefit from the transformation of the Central Business District and proximity to the upcoming Greater Southern Waterfront .

Jointly, the two schemes will see improved mobility in the vicinity, a barrage of new housing projects, attractions, as well as offices.

Taken as a whole, these initiatives ensure that the Marina Bay area will continue to be a highly sought-after locality. In the long-term, investors can look forward to the likelihood of solid capital appreciation and strong rental demand.

Check out listings for Marina One Residences, here.

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