Huttons' comments on Marina Gardens Lane GLS site | Huttons Group

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Huttons’ comments on Marina Gardens Lane GLS site

Huttons Research

The Marina Gardens Lane site is probably the best site on the 2H 2022 GLS programme, right at the edge of the CBD. Owner-occupiers will benefit from the proximity to the CBD and enjoy vast greenery at Gardens by the Bay while investors can tap on the big pool of tenants in the CBD. It is the first site in the Marina South precinct to be offered for sale and gives a first-mover advantage to both developers and buyers.

The mixed-use site will be directly linked to Marina South MRT station and makes travelling to different parts of the island easy. The site may potentially attract a top bid between $1,250 and $1,350 psf ppr from not more than 5 developers.