Sales Launch Date: 05 December 2022, Monday Tender Submission Date: 27 June 2023, Tuesday
Site Area : 12,245.1 m2 Maximum Gross Floor Area : 68,573 m2
NEW MIXED-USE RESIDENTIAL NEIGHBOURHOOD AT MARINA SOUTH Situated next to Gardens by the Bay and Marina Barrage, and overlooking Marina Reservoir and the Straits of Singapore, Marina South has been planned as a 10-minute mixed-use residential neighbourhood. Future residents in Marina South can look forward to city living with amenities such as parks, public spaces, recreational facilities, shops and F&B outlets, as well as childcare centres within easy reach. When fully developed, Marina South can potentially have more than 10,000 dwelling units.
Envisioned as a sustainable and car-lite precinct, Marina South will be characterised by pedestrian-friendly streets, a comprehensive cycling network, a pedestrian mall and an underground pedestrian network connecting the two Thomson-East Coast Line stations at Gardens by the Bay and Marina South. A series of planned elevated pedestrian connections will seamlessly connect the precinct to Gardens by the Bay and to the coast, affording easy access to these nearby recreational options.
The launch of the first land parcel at Marina Gardens Lane will kickstart the development of this new Marina South neighbourhood. More information on the planning and urban design aspirations for Marina South can be found here.
Visualisation of Marina South
Artist's impression of new mixed-use residential neighbourhood at Marina South
CONVENIENT LOCATION WITH EXCELLENT ACCESSIBILITY AND VIEWS The land parcel is directly connected to Marina South MRT station on the Thomson-East Coast Line, that provides convenient rail access to Marina Bay, the Central Business District (CBD) and Orchard Road. It is also directly connected to Marina Bay and the CBD via Marina Boulevard, and to the rest of the island via the Marina Coastal Expressway. In addition, the land parcel fronts Marina South Avenue, planned as convivial neighbourhood street where there will be bus services plying Marina South and other parts of Singapore.
The future development will overlook Gardens by the Bay and the signature city skyline of Marina Bay and the CBD.
PROXIMITY TO LUSH PARK SPACES Connected by walking and cycling paths, the future development will offer residents easy access to lush green recreational choices at the nearby Gardens by the Bay, Marina Barrage and Marina Bay area.
12,245.1 m2
Low-rise zone 15 storeys / 10 storeys / 4 storeys
Mid-rise zone 30 storeys
High-rise zone Up to the maximum technical height control of 163 m SHD
The Urban Redevelopment Authority ("The Authority") is inviting tenders for the development of the Land Parcel described above for and on behalf of the Government of the Republic of Singapore.
SUBMISSION OF TENDER
The tenderers shall deposit the duly completed Form of Tender: • in a sealed envelope which is affixed with the Submission Label provided in the eDeveloper's Packet; • in the Tender Box at Room 10-1, 10th Storey, Tower, The URA Centre, 45 Maxwell Road, Singapore 069118; • on 27 June 2023, Tuesday ("the tender submission date") at or before 12 noon. Room 10-1 will be opened by 9 am on that day. Any tender submitted after 12 noon on the tender submission date will not be considered.
TENDER DEPOSIT
Every tenderer shall pay a tender deposit of 5% or more of the tendered sale price. The tender deposit may be paid by any one or more of the following methods: • Cashier's Order • Bank Transfer • Bank Guarantee • Insurance Guarantee • eGuarantee (Please refer to the Conditions of Tender for detailed requirements). Payment in CASH or by CHEQUE or any other means WILL NOT BE ACCEPTED. The Tender Deposit will be returned to all unsuccessful tenderers. The Tender Deposit shall be forfeited if the tenderer withdraws his tender after the date and time for submission of tenders. Tenders submitted without the Tender Deposit shall be disqualified.
ACCEPTANCE OF TENDER
Tenders shall remain valid for acceptance for four (4) weeks from the said date for submission of tenders. However, the Authority may by notice in writing to each tenderer extend the validity period of his tender by such further period not exceeding 2 weeks. Selection of the winning tender will be based on tendered sale price. However, the Authority reserves the right to reject the highest or any tender.
PAYMENT OF THE SALE PRICE
The successful tenderer shall pay the tendered sale price by Cashier's Order as follows: • 25% (less the Tender Deposit) and the GST on 25% of the tendered sale price within twenty-eight (28) days of the Authority's acceptance of his tender; • 75% and the GST thereon within ninety (90) days of acceptance of his tender.
CONDITIONS
This tender brief is meant to highlight only some of the principal points of the tender and does not form part of the tender documents. All tenderers shall comply with the terms and requirements as stipulated in the "Conditions of Tender" and "Technical Conditions of Tender" contained in eDeveloper's Packet website.
The above tender documents are for information only. The complete set of updated tender documents and all relevant circulars, corrigenda and notifications are available for download in the eDeveloper’s Packet at S$181.90 (inclusive of GST)*.
The responsibility of URA and the Government is limited to notifying purchasers of the eDeveloper’s Packet of any additions, variations or amendments to the tender documents. If a purchaser of the eDeveloper's Packet makes the contents therein available to any other party, whether an associate, a client or an agent or whosoever and whether local or overseas; it shall be the purchaser's responsibility to keep that party informed of any such additions, variations or amendments.
Parties interested to participate in the tender for this Land Parcel are advised to purchase the e-Developer's Packet.
Find out more information on the requirements for tender and the tender process.
* GST chargeable in relation to the eDeveloper's Packet is computed at the rate of 7% as the increase of 1% GST with effect from 1 January 2023 has been absorbed by the Government.
The eDeveloper's Packet contains:
Purchase the eDeveloper's Packet at S$181.90 (inclusive of GST)* here.
If you have any questions, please approach:
• Ms Serene Ng at (65) 6321 8319 or • Mr Neo Chin Kee at (65) 6321 8268