MARINA VIEW GLS

Marina View

A Unique Mixed Use Land Plot

White Site

Tender Awarded: 29 Sep 2021

Successful Tenderer: Boulevard View Pte Ltd

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+65 6100 8108
DISTRICT
D1 - MARINA, RAFFLES PLACE
UNITS
Est 905
PROPERTY TYPE
WHITE SITE
TENURE
99 YEARS
LEASEHOLD

Award of tender for URA sale site at Marina View

Published: 29 September 2021

The Urban Redevelopment Authority (URA) has awarded the tender for the site at Marina View to Boulevard View Pte Ltd. 

The site at Marina View was launched for tender on 28 June 2021.  The tender for the site closed on 21 September 2021. The land parcel was offered for sale on a 99-year lease term. 

Details of the awarded land parcel and the successful tenderer are provided below:

Location: Marina View 
Allowable Development: White Site 
Site Area: 7,817.6 sqm
Maximum Gross Floor Area: 101,629 sqm 
Successful Tenderer: Boulevard View Pte Ltd
Tendered Price ($PSM of GFA): $1,508,000,101.00 ($14,838.29)

No. of bids: 1

 

Reference

MARINA VIEW

Aerial View of the Marina View Site

Site Area (m²) : 7,817.6

Allowable development: White Site

Gross Floor Area (m²) : 101,629

A developer's indicated minimum price has been accepted. The site will be released for sale by public tender on 28 June 2021

About Marina View

A PRIME LOCATION

The 0.8ha site is ideally located within the Marina Bay area –Singapore’s premier financial and business district. Its close proximity to prestigious developments such as Asia Square and Marina One makes it an attractive location for a distinctive mixed use development.

The future development will also offer city living opportunities and enhance the vibrancy in the area.

A UNIQUE MIXED USE DEVELOPMENT OPPORTUNITY

The land parcel is envisaged to be developed as a high-quality residential and hotel development, offering excellent vantage views of Marina Bay. Complementary uses allowed within the development such as retail, food and beverage will add to the diversity of amenities in the area.

WELL-CONNECTED

With the existing Marina Bay and Downtown MRT stations as well as the upcoming Shenton Way Thomson-East Coast Line MRT station in close proximity, the future development will enjoy convenient access to the island wide rail network. It is also a short distance away from the integrated resort at Marina Bay Sands and the convention and hotel hub at Marina Centre.

About the Marina View Land Parcel

Location: Marina View
Site Area / Horizontal Cross-Sectional Area: 7,817.6 m2 (Land Parcel) ; 18.0 m2 (Subterranean Stratum)

Lease Period: 99 years
Allowable Development: White Site
Maximum Permissible Gross Floor Area: 101,629sqm
Maximum Building Height: Not exceeding 200 m AMSL and 245 m AMSL for roof articulation
Project Completion Period: 84 months

View location on URA Maps

About White Sites

White Sites as marked out by URA, are areas used or intended to be used mainly for commercial, hotel,
residential, sports & recreational and other compatible uses, or a combination of two or more such uses as a mixed development. 

The White Site can be developed into any one or more of the following uses:

  1. Residential
  2. Office
  3. Shop
  4. Hotel
  5. Serviced Apartments
  6. Recreation Club
  7. Association
  8. Convention/Exhibition Centre
  9. Entertainment
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