Following up on our previous discussion, let’s take a deeper look at what One Marina Gardens has to offer.
With its prime location, competitive pricing, and strong connectivity, I think it’s important to consider its potential from different angles. I’ve put together a detailed breakdown of the key attributes, price analysis, and exit strategy to help you make an informed decision, all backed by the latest market trends.
1. Prime Location & Thoughtful Design
One Marina Gardens sits right next to Marina South MRT on the Thomson-East Coast Line, offering a direct route to the CBD, Orchard, and East Coast. You’re also next to Gardens by the Bay and within walking distance of Marina Bay Sands.
URA’s vision for Marina South is to create a vibrant 10-minute neighborhood with pedestrian malls, courtyards, and lively mixed-use spaces.
Design
Unlike many CBD projects, One Marina Gardens offers open landscapes and resort-like facilities, giving it more of a residential feel.
- Grand Arrival Lobby – A rare feature in the CBD
- Sky Terraces – Stunning views of the sea, Gardens by the Bay, and Marina Bay Sands
- Timeless Facade – Modern design with URA height restrictions helping to maintain scenic views
Smart Layouts
- 1-Bedroom (420-452 sqft) – The 431 sqft unit offers a larger master bedroom, making it a standout choice.
- 2-Bedroom – Efficient layouts with study areas and household shelters, including sought-after dumbbell layouts.
- 3- & 4-Bedroom – More in line with RCR/OCR layouts (no private lifts or oversized baths). 3-bedders range from 904-1,238 sqft, while 4-bedders start at 1,647 sqft.
Who are the potential buyers? And how easy will resale be? Let’s explore that in the next section.
2. Price Analysis: Is It Competitive?
Guide Prices:
- 1-Bedroom: From $1.16M
- 2-Bedroom: From $1.8M
- 3-Bedroom: From $2.45M
- 4-Bedroom: From $4.45M
- Starting PSF: ~$2,700 PSF
These prices are remarkably close to some RCR and OCR projects. But how do they compare to the broader market?
1-Bedroom Comparisons
- The lowest-priced new launches for 1-bedders include Lentor Central Residences ($1.179M), Parktown ($1.231M), and The Arden ($1.467M).
- Given Marina South’s prime location, if One Marina Gardens 1-bedders stay under $1.4M, they could offer significant value.
2-Bedroom Comparisons
- Comparable projects include Lentor Central Residences ($1.869M) and Hillock Green ($1.771M).
- Would a sub-$2M 2-bedder at One Marina Gardens represent a good balance between luxury and investment potential?
3- & 4-Bedroom Comparisons
- 3-bedders in Lentor ($2.112M), Hillock Green ($2.388M), and Tranquil Park ($2.465M).
- 4-bedders in Lentor ($2.7M-$2.8M), Parktown ($2.87M), and Pinetree Hill ($3.2M+).
- With One Marina Gardens’ 3-bedders from $2.45M, it remains competitive, but how does resale potential factor in?
3. Exit Strategy: Who Are the Future Buyers?
While Marina Bay has always been a lifestyle hotspot, resale performance has been sluggish in recent years.
So, what does this mean for One Marina Gardens?
Who Will Buy in the Future?
- Investors eyeing prime CCR properties
- Expats and professionals working in the CBD
- Homeowners looking for luxury and connectivity
Will Demand Stay Strong?
Unlike older Marina Bay properties, One Marina Gardens offers better residential features, making it more appealing to long-term homeowners.
The narrow price gap between CCR and RCR/OCR broadens its appeal to a wider pool of buyers.
However, resale in Marina Bay has historically been slower than RCR locations, raising questions about short-term capital gains.
Key Considerations:
If you’re buying for long-term rental or hold, its location and exclusivity work in your favor. If you’re looking for quick capital appreciation, factor in market fluctuations and resale competition.
My Take
One Marina Gardens is an intriguing opportunity, positioned at the intersection of prime CCR living and RCR/OCR-comparable pricing. But does it fit your investment goals?
If you secure a unit at the lower end of the price range, it could be an excellent investment.
What do you think? Do connect with me with your thoughts!
Keep Realising,
Richa
P.S. If you found this analysis useful, share it with someone looking for their next property!
And Msg me for detailed Floor Plans!
