Kingsford Preview One Marina Gardens March 29 Prices 2702 Psf
One Marina Gardens Condo, located in the prestigious Marina South area, is the first of five plots to be auctioned off in Marina Gardens Lane. It is conveniently situated opposite a multi-purpose site at Marina Gardens Crescent, which is expected to house approximately 775 residential units and 64,583 sq ft of commercial space, developed by Kingsford Huray. This prime location offers residents a luxurious and vibrant lifestyle, surrounded by the best facilities and amenities. Visit One Marina Gardens Condo for more information on this highly sought-after development.
The highly anticipated One Marina Gardens development by Kingsford Group is now open for public preview, with sales bookings set to begin on April 12. This is a significant milestone for the company as it marks the first residential development in the Marina South district, located on Marina Gardens Lane. Interested buyers can visit the sales gallery on Marina Gardens Drive to get the latest details on available units and prices.One Marina Gardens occupies a 99-year leasehold site that was acquired by a Kingsford-led consortium in June 2023 through a Government Land Sale tender. The consortium submitted a bid of $1.034 billion, which translates to a land rate of $1,402 psf per plot ratio (psf ppr). This was 42% higher than the second-highest bid of $727.04 million ($985 psf ppr) submitted by Guocoland and Hong Leong Group.The 131,805 sq ft site is zoned for “residential with commercial at the first storey” use and will be home to two towers spanning 30 and 44 storeys. The first level features two restaurant units, two shop units, and a childcare centre. The 937 residences at One Marina Gardens consist of one- to four-bedroom units, including dual-key options for three-bedders. The sizes range from 420 sq ft for a one-bedroom apartment to 1,647 sq ft for a four-bedroom unit.Prices for the units start from $1.16 million ($2,762 psf) for a one-bedder, $1.8 million ($2,786 psf) for a two-bedder, $2.45 million ($2,710 psf) for a three-bedder, and $4.45 million ($2,702 psf) for a four-bedder. According to Kingsford, the average price for units is between $2,850 psf to $2,900 psf.The development boasts over 50 lifestyle facilities spread across six levels, including a clubhouse, playground, grand lawn, and a 50m pool. The sky gardens available at both towers offer panoramic sea and cityscape views, along with amenities such as dining areas, a sky lounge, and function rooms.One Marina Gardens is conveniently located just across the road from Gardens by the Bay and is also close to malls such as The Shoppes at Marina Bay Sands, Suntec City, and Marina Square. When operational, the Marina South MRT Station, which is situated next to the development, will be one stop away from the Marina Bay interchange and two stops away from the Raffles Place and Bayfront MRT interchanges.The One Marina Gardens site is the first Government Land Sale plot to be awarded in the Marina Gardens area. The adjacent white site at Marina Gardens Crescent had previously drawn a sole bid of $770.46 million ($984 psf ppr) from a consortium comprising GuocoLand, Hong Leong Holdings, and TID. However, the bid was later rejected by URA for being too low. The site is now available for application under the Reserve List of the 1H2025 GLS Programme.Another site located at Marina Gardens Lane is also available for application and can yield about 390 units. With its prime location strategically situated between the Marina South district and the Greater Southern Waterfront, One Marina Gardens offers a unique blend of serene coastal living and exceptional urban convenience. It is envisioned to be a 10-minute neighbourhood that will contain amenities and public spaces within convenient reach, including a shaded pedestrian mall, elevated landscaped bridge, and underground link connecting Gardens by the Bay MRT Station, Marina South MRT Station, and other developments.One Marina Gardens is expected to obtain its temporary occupation permit around 3Q2028. Interested buyers can visit the sales gallery on Marina Gardens Drive for more information on available units and prices.