One Marina Gardens' Launch Numbers: What Marina South's First Condo Reveals
Marina Gardens Crescent has no price, no developer and no launch date yet. But it isn't the first site in its own precinct to reach the market — that distinction belongs to One Marina Gardens, on the neighbouring Marina Gardens Lane parcel, which launched in April 2025. Its actual sales numbers are the closest real data point available for what a Marina South address commands today.
One Marina Gardens' launch weekend, in numbers
- 937 total units across the development
- 353 units sold (38% take-up) over the 12-13 April 2025 launch weekend
- Average transacted price of S$2,953 psf — above the earlier-indicated preview range of S$2,850–2,900 psf
- About 83% of buyers were Singaporean
- Property press described the 38% take-up as better than the 30-35% average at comparable launches that period, coming just as US tariff announcements were unsettling broader market sentiment — read by some as a signal of genuine buyer intent rather than casual interest
The site itself: a Kingsford Huray Development–led consortium (with Obsidian Development and Polarix Cultural & Science Park Investment) won the Marina Gardens Lane tender in July 2023 at S
Why this is a more honest comparable than a citywide average
One Marina Gardens and Marina Gardens Crescent are not the same site, and this is not a price prediction for Marina Gardens Crescent — its own eventual pricing depends on whoever eventually wins the (still unawarded) tender, at whatever land cost clears, under market conditions that may look nothing like April 2025. But unlike a generic Singapore-wide psf average, One Marina Gardens sits in the identical Marina South precinct: same car-lite masterplan, same Thomson-East Coast Line corridor, same Gardens by the Bay frontage, same brand-new-district trade-offs. If Marina Gardens Crescent is eventually awarded and launched, it is entering a market where the immediate precinct precedent already sold at just under S$3,000 psf.
What to watch for
- Land cost direction. Marina Gardens Lane's award (S,402 psf ppr in 2023) came after Marina Gardens Crescent's rejected S$984 psf ppr bid in the same year — a wide gap in the same precinct within months of each other. Where a future Marina Gardens Crescent award eventually lands relative to that S,402 benchmark will be a first real signal on pricing direction.
- Take-up rate as a demand gauge. One Marina Gardens' 38% launch-weekend take-up, achieved during a period of real market uncertainty, is the benchmark any future Marina Gardens Crescent launch will likely be measured against by the property press.
- Timeline pattern. One Marina Gardens took about 28 months from land award to launch. If Marina Gardens Crescent's tender is eventually re-offered and awarded, a similar gap to actual sales launch would be a reasonable planning assumption — not a confirmed date.
For confirmed facts about this specific parcel — its ~775-unit estimated yield and current unawarded status — see the location guide. Register on the showflat interest page for updates the moment a re-offer or award is confirmed, and track registration status in the meantime. The price page and floor plans page stay TBA until real figures exist.
Sources
Figures above are drawn from EdgeProp's coverage of the One Marina Gardens launch and the Marina Gardens Lane tender award. See citations below.
Sources: EdgeProp — Kingsford's One Marina Gardens sells 38% at launch, with average price of $2,953 psf · EdgeProp — Kingsford-led consortium puts in top bid of,402 psf ppr for Marina Gardens Lane GLS siteGet Marina Gardens Crescent Residences Updates First
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