Marina South Precinct Receives its Second New Project

Summary

New central homes in a highly-anticipated emerging precinct, plenty of amenities within arm's reach, coupled with a stunning view of the Gardens by the Bay - now doesn't that sound enticing? Buyers will now have another opportunity to snag these exclusive homes with the tender closing of another government land sales (GLS) site in Marina South.

The GLS tender for the Marina Gardens Lane site drew a single bid when it closed on 15 October 2026. The top bid of $450.1 million was submitted by EL Development and translates to a land rate of $1,243 psf per plot ratio (psf ppr). The site is expected to inject about 390 new private homes and will be the second new private project in the Marina South precinct after One Marina Gardens.

The Marina South precinct is envisioned as a self-sustaining, car-lite neighbourhood centred around community spaces and lush greenery. As the area continues to take shape, more commercial, healthcare and lifestyle amenities are expected to be introduced alongside new public and private housing, creating a more vibrant and dynamic community. Marina South will also place a strong emphasis on accessibility, with an extensive network of pedestrian-friendly streets and cycling paths designed to encourage walking and cycling as convenient modes of transport.

Opening paragraphs from the PropNex propnex picks, shared by Ng Li Lian as a PropNex salesperson. Ask Li Lian for the full report.

Li Lian focuses on District 14, 15 and 16. Ask her how this affects the East Coast.