IOI starts previews for 683-unit W Residences Marina View luxury project
The prices for the smallest units, with one bedroom each, start at above S$2.1 million
[SINGAPORE] IOI Properties Group, which began marketing its luxury branded residences project W Residences Marina View Singapore in late June, is expected to book sales on Jul 12.
Located in Marina View, the 683-unit project will sit atop the 360-room W hotel, the Marriott group’s second W hotel in Singapore after the one on Sentosa, called W Singapore Sentosa Cove.
The project is next to the Shenton Way MRT station on the Thomson-East Coast Line.
In response to queries from The Business Times, IOI said: “The private preview for invitees presents a rare opportunity to experience first-hand the exceptional value this development brings to the branded residences market. This is achieved without compromising on quality, prime location or the exclusive privileges synonymous with the W brand, managed by Marriott International – the global leader in branded residences.”
The marketing materials seen by BT indicate that the 99-year leasehold development comprises 171 one-bedroom units, 310 two-bedroom units, 103 three-bedroom units, 32 four-bedroom units, 64 five-bedroom units, two simplex penthouses and one duplex penthouse.
Listings on PropertyGuru show that one-bedroom units, at 538 to 570 square feet (sq ft) in size, start at over S$2.1 million. The two-bedroom units, at 710 to 850 sq ft, are expected to be priced from S$2.8 million, and the three-bedders, at 1,195 to 1,249 sq ft, from S$5.4 million. The four-bedders spanning 2,250 sq ft start at S$13 million, and the five-bedders, at 2,809 sq ft, are listed for sale from S$16 million.
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On a per-square-foot (psf) basis, prices are estimated to range from about S$3,800 to around S$6,000 psf.
Prices are not available for the penthouses, but BT understands that each penthouse is above 5,000 sq ft in size.
W Residences Marina View Singapore is expected to achieve its Temporary Occupation Permit in 2029.
In 2021, IOI was the sole bidder for the white site, which it bought for S$1.508 billion or S$1,379 psf per plot ratio, after triggering the release of the plot from the government land sales reserve list. IOI’s bid was just S$101 more than the minimum price it committed to paying when it applied for the site.
The site was estimated to be able to supply 905 private housing units and 540 hotel rooms.
In June 2022, IOI received provisional permission for a 307-room hotel, 748 apartments for sale, and 2,000 sq m in gross floor area of retail space on the land parcel. Market talk had it that in 2023, the developer tweaked plans for the project, reducing the number of apartments to 683, and raising the number of hotel rooms to 360. This followed the government’s rolling out of a set of cooling measures in April that year, including sharply higher Additional Buyer’s Stamp Duty rates for foreign buyers and investment buyers.
Last year, IOI completed the Grade-A IOI Central Boulevard Towers, a mixed-use development in Marina Bay nearby, which comprises two Grade-A office towers and a seven-storey retail podium.
One of Malaysia’s largest property developers, IOI recently announced plans to acquire the remaining 50.1 per cent stake in the South Beach development it built with its joint venture partner, City Developments Limited.
IOI’s portfolio of high-end residential properties also includes Seascape and Cape Royale, condominium developments in Sentosa Cove which were developed in partnership with Ho Bee Land.
The W Residences is the second residential project to be launched in the Marina area. In April 2025, One Marina Gardens in Marina South sold 353 units or about 38 per cent of its 937 units over its launch weekend, amid concerns about a trade war and potential global recession intensifying. The units were sold at an average selling price of S$2,953 psf.
W Residences Marina View Singapore’s launch comes in a month in which at least seven major projects are expected to come onto the market, several of which will also be in the Core Central Region.
On Wednesday (Jul 2), Frasers Property and Sekisui House opened The Robertson Opus along Unity Street for a private preview. Prices there start from S$3,150 psf.
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