Huttons' comments on Marina View site | Huttons Group

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Huttons’ comments on Marina View site

We think the tender will attract no more than five bidders made up of consortiums because of the large quantum and higher risks involved.

Other than Marina One Residences and V on Shenton, there is no new supply of homes in District 1. With vaccinations taking place around the world and international travel resuming soon, this site offers a first mover advantage to developers who want to introduce new hospitality concept to travellers.
The eventual sale price may be between $1,700 and $2,000 with an eventual selling price above $3,000 psf. The Downtown Core is shaping up well as an attractive place to live in. Furthermore the site will be right above the future Shenton Way MRT station.