Marina View
AwardedWhite site: mixed residential, hotel, commercial and/or serviced apartment. URA sale site, built as W Residences Marina View Singapore.
S$1,508,000,101
S$14,838.29 psm GFA, about S$1,379 psf ppr (derived). Awarded 29 September 2021 to Boulevard View Pte Ltd, parent: City Developments Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Marina View | White site: mixed residential, hotel, commercial and/or serviced apartment | 7,817.6 m² | 101,629 m² | Boulevard View Pte Ltd, parent: City Developments Limited | S$1,508,000,101(S$14,838.29) |
As listed at the close of 21 September 2021 (ura-pr21-33), with the outcome the award of 29 September 2021 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Boulevard View Pte Ltd, parent: City Developments Limited | S$1,508,000,101 | S$14,838.29 | S$1,379 | Awarded |
Press releases, latest first
Each card is one release on its own date, with its text folded beneath. The latest is first and open.
29 September 2021
AwardedAward of tender for URA sale site at Marina View
Awarded to
Boulevard View Pte Ltd, parent: City Developments Limited, S$1,508,000,101 (S$14,838.29 psm GFA, about S$1,379 psf ppr).
Read the press releaseHide the press releaseura-pr21-36
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Marina View to Boulevard View Pte Ltd.
The site at Marina View was launched for tender on 28 June 2021. The tender for the site closed on 21 September 2021. The land parcel was offered for sale on a 99-year lease term.
Details of the awarded land parcel and the successful tenderer are provided below:
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM GROSS FLOOR AREA | SUCCESSFUL TENDERER | TENDERED PRICE($PSM of GFA) |
|---|---|---|---|---|---|
| Marina View | White Site | 7,817.6 m2 | 101,629 m2 | Boulevard View Pte Ltd | $1,508,000,101.00($14,838.29) |
21 September 2021
Tender closedTender closing for White site at Marina View
1 bid disclosed
Highest S$1,508,000,101 (S$14,838.29 psm GFA) from Boulevard View Pte Ltd, parent: City Developments Limited.
Read the press releaseHide the press releaseura-pr21-33
The Urban Redevelopment Authority (URA) closed the tender for the White site at Marina View today.
The site at Marina View was launched for public tender on 28 June 2021. It was originally on the Reserve List of the Government Land Sales Programme. URA had, on 10 June 2021, accepted a successful application for the site to be put up for sale. The site was offered for sale on a 99-year lease.
Please see Annex A for details of the site and tender bid received.
This is not an announcement of tender award. A decision on the award of the tender will be made after the bid has been evaluated. This will be publicised at a later date.
28 June 2021
Reserve List site launched for tenderURA launches tender for the White site at Marina View
Committed minimum bid on application
S$1,508,000,000
Read the press releaseHide the press releaseura-pr21-20
The Urban Redevelopment Authority (URA) has launched the White site at Marina View for sale by public tender today. It was available for sale on the Reserve List of the first half 2021 (1H2021) Government Land Sales Programme. The site is intended for a mixed use development with residential, hotel, commercial and/or serviced apartment.
On 10 June 2021, URA announced that it had received an application from a developer for the site to be put up for public tender. The developer committed to a bid price of not less than $1,508,000,000 in the tender for the site.
Details on the land parcel can be found in Annex 1 and the location plan is in Annex 2.
Other Details The tender for the land parcel will close at 12 noon on 21 Sep 2021. Any tender below the minimum bid price of $1,508,000,000 will not be accepted.
Site facts
- Selling authority
- URA
- Allowable development
- White site: mixed residential, hotel, commercial and/or serviced apartment
- Tenure
- 99 years
- Programme list
- Reserve List, launched for tender (reserve list, triggered)[ura-pr21-20/pr21-20a.pdf]
- Site area
- 7,817.6 sqmplus 18 sqm subterranean stratum[ura-pr21-20/pr21-20a.pdf]
- Maximum GFA
- 101,629 sqm
- Minimum 51,000 sqm residential
- Minimum 26,000 sqm hotel and hotel-related
- Maximum 2,000 sqm office (optional)
- Maximum 2,000 sqm commercial
- Estimated housing units
- 905[ura-pr21-20/pr21-20a.pdf]
- Estimated hotel rooms
- 540[ura-pr21-20/pr21-20a.pdf]
- Height control
- 200m SHD; roof articulation 245m SHD[ura-pr21-20/pr21-20a.pdf]
- Facts as stated on
- 28 June 2021
The market when bids closed
When bids closed on 21 September 2021, URA's latest quarterly figures were for 2Q2021, published 23 July 2021, 60 days earlier. The next release, 3Q2021, came on 22 October 2021. The table carries on through four releases after it.
| Private residential | 4Q2020Jan 2021 | 1Q2021Apr 2021 | On the day2Q2021Jul 2021 | 3Q2021Oct 2021 | 4Q2021Jan 2022 | 1Q2022Apr 2022 | 2Q2022Jul 2022 | Trend | Change2Q2021 to 2Q2022 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 157.0 | 162.2 | 163.5 | 165.3 | 173.6 | 174.8 | 180.9 | +10.6% | |
| Non-landed, core central region | 133.6 | 134.3 | 135.8 | 135.1 | 138.7 | 138.6 | 141.2 | +4.0% | |
| Private rental index | 103.9 | 106.2 | 109.3 | 111.3 | 114.2 | 119.0 | 127.0 | +16.2% | |
| Sales | |||||||||
| New homes sold by developers | 2,603 | 3,493 | 2,966 | 3,550 | 3,018 | 1,825 | 2,397 | −19.2% | |
| Resales | 4,249 | 4,519 | 5,333 | 5,362 | 4,748 | 3,377 | 4,236 | −20.6% | |
| Sub-sales | 77 | 88 | 150 | 171 | 159 | 141 | 178 | +18.7% | |
| Units launched | 3,147 | 3,716 | 2,356 | 2,149 | 2,275 | 613 | 1,956 | −17.0% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 24,296 | 21,602 | 19,384 | 17,140 | 14,154 | 14,087 | 15,805 | −18.5% | |
| Pipeline with planning approval | 49,307 | 48,139 | 47,097 | 47,715 | 46,276 | 47,415 | 48,836 | +3.7% | |
| Vacancy rate | 7.0% | 6.4% | 6.3% | 6.4% | 6.0% | 5.3% | 5.4% | −0.9 pts | |
Each figure is the quarter's own value as URA printed it in that quarter's release, not as later revised. Select a figure to see the annex and page it comes from.
Held back: URA prints the number in more than one place and the table's labels do not settle which one it is, so the archive stores it but does not show it.
Sources
- Press releasePublished 28 June 2021
URA launches tender for the White site at Marina View
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- f6fb6fbc22b1bc335ec2dc5088e79f40e81279987724d67727ef82efbe5d54f0
- Size
- 431,200 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 09:29:49 UTC
- Prevo reference
- ura-pr21-20
- AnnexPublished 28 June 2021
Annex 1 to URA launches tender for the White site at Marina View
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- ad603c8f44656f7ae95f30c2d633be9c60b2aafb441415c37096fbc5f99eab71
- Size
- 10,527 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 09:29:49 UTC
- Prevo reference
- ura-pr21-20/pr21-20a.pdf
- AnnexPublished 28 June 2021
Annex 2 to URA launches tender for the White site at Marina View
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- adcd37fb5ddc22d7e1401962c826633a426df79a859134546daeb8e851bf78ca
- Size
- 76,082 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 09:29:49 UTC
- Prevo reference
- ura-pr21-20/pr21-20b.pdf
- Press releasePublished 21 September 2021
Tender closing for White site at Marina View
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 221c47eaba0ed7276f7b4cd1ad199b1f8bd7d7e675d07b8b075d5a656d152bd6
- Size
- 424,944 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 09:29:50 UTC
- Prevo reference
- ura-pr21-33
- AnnexPublished 21 September 2021
Annex A to Tender closing for White site at Marina View
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 7388f085ece3af74ffbf5e9281b4631feccc2b072b56a52e049deca8a2d9d221
- Size
- 12,767 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 09:29:50 UTC
- Prevo reference
- ura-pr21-33/pr21-33a.pdf
- Press releasePublished 29 September 2021
Award of tender for URA sale site at Marina View
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- a3c9883ecba198b74bb4f1cafef54019ec920f438966a6648be779dc7a18bab8
- Size
- 448,050 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 09:29:50 UTC
- Prevo reference
- ura-pr21-36