CapitaLand’s latest residential development, Marine Blue, was officially launched on 18 March 2017 and the developer is confident that the 86 units on offer will be well-received by the market. Thirty-eight units had earlier been sold at a soft launch in January 2015.
There are a number of factors working together in Marine Blue’s favour, as Mr Wen Khai Meng, CEO of CapitaLand Singapore, pointed out.
“A freehold development located near an MRT station is a rare find, what more one in a mature, sought-after estate with well-established amenities and good schools,” he said. Marine Blue is located along Marine Parade Road and will be served by the Marine Parade MRT station on the Thomson-East Coast Line once it is operational. It’s also just three minutes on foot to a large shopping mall and Marine Parade Town Centre and surrounded by reputable schools such as Tao Nan School and CHIJ (Katong) Primary School.”
The area, Mr Wen adds, is also very appealing with Katong’s rich heritage charm and vibrant food and lifestyle offerings, as well as East Coast Park just a stone’s throw away.
Built to please
The exclusive freehold development has 124 units — 120 apartments and four pool terraces. These are housed in two sleek towers of 16 and 17 storeys respectively, which have been cleverly designed to maximise views of the skyline and sea for most of the units.
For the value that is packed into each unit, Marine Blue apartments are attractively priced from S$1.1 million. About 60% of them hover under the S$1.4 million mark and more than 90% of them are priced below S$1.7 million. These include the 86 loft suites, penthouses and pool terraces that are still available.
Like the development’s penthouses, the pool terraces (3,670 to 3,993 sq ft) were designed with families in mind, offering plenty of room, as well as the exclusiveness and convenience of a private pool and private parking lot.
The loft suites (1,270 to 1,593 sq ft), on the other hand, cater to young professionals or couples who prefer contemporary homes with optimised layouts. A double-volume ceiling creates a welcoming open space while the fully-functional upper deck can be tailored as a hobby nook, study corner, home office or an entertainment area for visitors.
Within the development, residents enjoy the use of a beach-inspired party deck, spa pools and a 50- metre lap pool. They can also host gatherings at the party pavilion, barbeque deck, gardens, playground and clubhouse.
“Marine Blue will appeal to young professionals, couples and families who appreciate flexible, quality living spaces they can configure to complement their lifestyles. With its unbeatable location, excellent connectivity and attractive pricing, we are confident that Marine Blue will be well-received by homebuyers and investors alike,” said Mr Wen.
Marine Blue achieved Temporary Occupation Permit on 10 October 2016. For more information, please visit www.marineblue.com.sg.