Loft suites opportunity at Marine Blue

By Marine Blue / BROUGHT TO YOU BY CAPITALAND | August 31, 2018 11:50 AM SGT
The four strata houses front the 50m lap pool, while the two high-rise towers are on either end
CAPITALAND’S Marine Blue, a 124-unit, freehold boutique residential development on Marine Parade Road, is 90% sold today, after its official launch. Of the 12 remaining units available, nine are one-bedroom plus study loft suites from 1,270 to 1,550 sq ft and priced from $1.7 million.
Completed in 2016, Marine Blue is located in prime District 15, across from Parkway Parade Shopping Centre and a short walk to 112 Katong. The development is near East Coast Park, with its myriad eateries and recreational activities including cycling, skating and cable skiing.
Ninety per cent of units at the freehold Marine Blue have been sold
As a bonus, the upcoming Marine Parade MRT station on the Thomson-East Coast Line will be at the doorstep of Marine Blue. When the line is completed, Marina Bay station will be six stops away, while Changi Airport and the upcoming Jewel mall will be seven stops away. Construction of the Thomson-East Coast Line began two years ago and it is scheduled to be operational by 2023.
A new underground mall will be built beside the station and offer about 86,500 sq ft of retail space. The mall will be a boon to nearby residents and commuters, offering F&B outlets, takeaway stores and convenience stores.
The underground mall and MRT line will contribute to the urban rejuvenation of the area. This will boost the desirability of Marine Blue as a residential development, with the expanded transport links and shopping amenities.
Homebuyers, looking for properties that give them the best value for their money, are now more price sensitive in view of the latest property cooling measures. Land buying activity and new launches in the vicinity have also pushed up property prices in the Marine Parade area.
Last year, a number of freehold sites in the neighbourhood of Amber Road and Meyer Road were sold...