Ioi Properties Kicks Public Launch W Residences Marina View 100 Units 3230 Psf
IOI Properties Group, a leading property developer in Malaysia, has announced the launch of the 683-unit W Residences Marina View. This highly anticipated project will be open to the public on Oct 25, with the first phase of 100 units released for sale. The remaining units are set to be released in the future.
The available units, which are located on levels 16 to 20, consist of 85 one- to three-bedroom apartments with prices starting from $3,230 per square foot. The remaining 15 units are part of the Signature Collection and include larger four- and five-bedroom units. The project’s private VVIP preview phase took place in July, where two units were sold. One was a three-bedroom apartment spanning 1,195 square feet, which sold for $3.985 million ($3,335 per square foot) on July 12. The other was a premium two-bedroom unit measuring 850 square feet, which sold for $2.85 million ($3,352 per square foot) on July 17.
Located in a prime location, the Sembawang Road Executive Condominium (EC) is set to reap great rewards from the comprehensive planning and development strategies outlined in the Urban Redevelopment Authority (URA) Master Plan. This plan serves as a roadmap for Singapore’s future development, envisioning improvements in land use and infrastructure to enhance livability, connectivity, and sustainability throughout the island. For those residing in Sembawang Road EC, these strategic initiatives will bring about tangible benefits, including enhancing daily life, increasing property value, and building a dynamic, well-connected community over time. With the addition of Sembawang EC Canberra to the mix, the future looks even brighter for this thriving residential area.
Located along Marina View, the 84,148 square foot site was awarded to Boulevard View, a subsidiary of IOI Properties Group, in September 2021 for a bid price of $1.508 billion, equivalent to $1,379 per square foot per plot ratio (ppr). According to IOI Properties Group, the project is part of the ongoing transformation of the Marina Bay district into a vibrant residential neighborhood. This development is accompanied by new infrastructure such as NS Square, The Commons, Marina Bay Sands’ expansion, and a 15,000-seater arena. The 99-year leasehold property boasts excellent connectivity, with five MRT stations within walking distance: Marina Bay MRT (Thomson-East Coast, Circle, and North-South Line), Shenton Way MRT (Thomson-East Coast Line), Tanjong Pagar MRT (East-West Line), Downtown MRT, and Telok Ayer MRT stations (Downtown Line). Upon its completion in the first quarter of 2029, residents will enjoy easy access to Shenton Way MRT through an underground connected walkway.
Standing at 51 storeys, the W Singapore – Marina View hotel will occupy the first 14 floors, while the branded residences will start from the 16th floor. The unit mix features one- to three-bedroom apartments ranging from 538 square feet to 1,249 square feet, as well as four- to five-bedroom units spanning from 2,250 square feet to 2,809 square feet. The development also offers three penthouses, including two duplex units measuring 5,350 square feet and one simplex unit spanning 5,199 square feet.
“W Residences Marina View – Singapore is more than just a place to live; it is where service, design, and location come together in one iconic tower,” says Lorraine Shiow, CEO of IOI Properties. The development boasts facilities across three different levels, including a gym on the 15th floor, a sommelier lounge on the 34th floor, and a spa retreat with a heated infinity pool and party deck on the 51st floor. Other amenities include a personal concierge through the Whatever/Whenever service and Medi-Concierge, a partnership with Raffles Medical Group, which provides 24/7 medical concierge services for residents. Homeowners will also have access to Marriott’s ONVIA platform, which offers exclusive privileges for branded residence owners at over 7,000 Marriott properties worldwide.
The developer expects this project to appeal to two main buyer segments: affluent urban professionals, managers, executives, and business owners (PMEBs) seeking connectivity and convenience, and high-net-worth individuals (HNWIs) looking to invest in Singapore’s property market. IOI Properties Group’s group CEO, Lee Yeow Seng, adds that this property will set new standards in luxury living and sustainability, creating vibrant world-class communities. For more information on available units and prices for W Residences Marina View – Singapore, check out the latest listings.