# One Marina Gardens notches new price high of $3,290 psf

- **Source:** EdgeProp Singapore
- **Published:** 2026-07-02T08:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/one-marina-gardens-notches-new-price-high-3290-psf
- **Topics:** Private Residential, Commercial & Industrial, New Launches

## Featured rationale

The new high, alongside 68% project sales, signals firm demand for Marina South homes and may support pricing confidence for remaining premium units.

## AI summary

A 1,647 sq ft four-bedroom unit at One Marina Gardens sold for about $5.42 million, setting a project record of $3,290 psf.

## Original article

One Marina Gardens, a 99-year leasehold project in prime District 1, topped the list of non- landed residential developments that achieved a new psf-price high during the week of June 16 to 23. A 1,647 sq ft four-bedder on the 28th floor fetched about $5.42 million on June 17, establishing a fresh record of $3,290 psf for the development.

This marks the first time an apartment at One Marina Gardens has transacted above the $3,200 psf threshold. It edges past the project’s previous price peak of $3,160 psf, which was from the sale of a 657 sq ft, two-bedroom apartment for $2.07 million earlier this year on Jan 17.

One Marina Gardens — the first residential project in the Marina Gardens precinct in Marina South — comprises 937 apartments spread across two residential towers. One- and two-bedders make up more than half of its unit mix, and they range from 420 to 732 sq ft.

Search for the latest New Launches, to find out the transaction prices and available units

The 99-year leasehold development is located next to the upcoming Marina South MRT Station. It also sits opposite Gardens by the Bay, while retail and lifestyle destinations such as Marina Bay Sands, Suntec City and Marina Square are a seven- to 10-minute drive away.

The condo achieved a 38% take-up rate at an average price of $2,953 psf over its launch weekend in April last year. Caveats lodged as of June 30 show that 640 units (68%) in the project have been sold so far, at prices averaging around $2,966 psf.

One Marina Gardens is expected to obtain its temporary occupation permit in the third quarter of 2028.

Second on the list of project highs for the week is freehold condo One Devonshire. The development achieved a new high of $3,053 psf with the sale of a 904 sq ft, two-bedroom unit for $2.76 million on June 22.

The new psf-price peak inches past One Devonshire’s previous record of $3,042 psf set in August 2023, when a 1,216 sq ft three-bedder changed hands for $3.7 million.

Located along Devonshire Road in prime District 9, the 152unit condo has a mix of two- to four-bedroom units measuring between 904 and 2,756 sq ft. It also has two penthouses spanning 4,155 and 4,876 sq ft.

Read also: River Valley condo Aspen Heights sets new record price of $2,492 psf

In terms of absolute price, the most expensive transaction at the development involved the 4,876 sq ft penthouse when it was sold for $7.4 million ($1,517 psf) by the developer in November 2009.

Resale prices at One Devonshire have trended steadily upwards over the past decade, according to a tabulation of resale caveats by EdgeProp Singapore. The average resale price rose from $2,254 psf in June 2016 to about $2,908 psf in June 2026.

As for new psf-price lows during the latest period in review, only one project made the list.

At The Scotts Tower in the Newton area, a 624 sq ft, one-bedroom unit changed hands for $1.1 mil- lion ($1,762 psf) on June 23.

That is the first time a unit at the development has transacted below $1,800 psf. The previous low of $1,828 psf was established in October last year when a slightly larger 657 sq ft unit was sold for $1.2 million.

Besides the unit that was transacted on June 23, The Scotts Tower has recorded three other resale deals this year, based on caveats lodged. These units, spanning 657 to 872 sq ft, fetched between $1.27 million and $1.88 million, or between $1,934 and $2,156 on a psf-price basis.

Completed in 2016, The Scotts Tower is a 231-unit, 31-storey condo at the corner of Scotts Road and Cairnhill Road. It is a five-minute walk from Newton MRT Station and about six minutes on foot to retail and dining options along Orchard Road.

Read also: Seaside Residences hits new price high of $2,734 psf

Check out the latest listings for One Marina Gardens properties

## Chinese translation

> Translation model: grok

### One Marina Gardens创下每平方英尺3,290新元新高价

截至6月30日已呈报警告书显示，项目迄今售出640个单位（68%），均价约每平方英尺2,966新元。

One Marina Gardens为位于核心第1区的99年地契项目，在6月16日至23日当周创下非有地住宅发展项目每平方英尺单价新高榜首。一位于28楼、面积1,647平方英尺的四房单位于6月17日以约542万新元成交，为该项目创下每平方英尺3,290新元的新纪录。

这是One Marina Gardens公寓首次成交突破每平方英尺3,200新元门槛，略高于项目此前于今年1月17日创下的高点——一套657平方英尺两房公寓以207万新元成交，单价每平方英尺3,160新元。

One Marina Gardens是滨海南（Marina South）Marina Gardens片区的首个住宅项目，两座塔楼共937个公寓单位。一房与两房单位占单位组合一半以上，面积介于420至732平方英尺。

搜索最新新盘，了解成交价与可售单位

该99年地契项目毗邻即将落成的滨海南地铁站，对面为滨海湾花园；滨海湾金沙、新达城与滨海广场等零售与生活方式目的地约7至10分钟车程可达。

项目于去年4月开盘周末售出约38%，均价每平方英尺2,953新元。截至6月30日已呈报警告书显示，迄今已售出640个单位（68%），均价约每平方英尺2,966新元。

One Marina Gardens预计于2028年第三季取得临时入住准证（TOP）。

当周项目高价榜第二位为永久地契共管公寓One Devonshire。该项目于6月22日以一套904平方英尺两房单位276万新元成交，创下每平方英尺3,053新元新高。

该单价新高略超One Devonshire此前于2023年8月创下的纪录——当时一套1,216平方英尺三房单位以370万新元易手，单价每平方英尺3,042新元。

项目位于核心第9区Devonshire Road沿线，共152个单位，房型为两房至四房，面积介于904至2,756平方英尺，另有两套面积分别为4,155与4,876平方英尺的顶层公寓。

另读：河谷共管公寓Aspen Heights创每平方英尺2,492新元新纪录

按绝对成交价计，该项目最贵交易为开发商于2009年11月售出的4,876平方英尺顶层公寓，成交价740万新元（每平方英尺1,517新元）。

据EdgeProp新加坡转售警告书统计，过去十年One Devonshire转售价格稳步上升。平均转售价从2016年6月的每平方英尺2,254新元，升至2026年6月约每平方英尺2,908新元。

至于最新回顾期内的每平方英尺单价新低，仅有一个项目上榜。

在纽顿（Newton）一带的The Scotts Tower，一套624平方英尺一房单位于6月23日以110万新元（每平方英尺1,762新元）易手。

这是该项目单位首次成交低于每平方英尺1,800新元。此前低点为去年10月创下的每平方英尺1,828新元，当时一套略大的657平方英尺单位以120万新元售出。

除6月23日这宗交易外，The Scotts Tower今年按已呈报警告书另录得三宗转售。这些单位面积介于657至872平方英尺，成交价介于127万至188万新元，单价介于每平方英尺1,934至2,156新元。

The Scotts Tower于2016年竣工，为位于Scotts Road与Cairnhill Road转角的231单位、31层共管公寓。步行约5分钟可达纽顿地铁站，步行约6分钟可达乌节路沿线餐饮与零售选择。

另读：Seaside Residences创每平方英尺2,734新元新高

查看One Marina Gardens最新放盘。
