Marina One's developer to take cautious path in launching units

M+S Pte Ltd, the developer behind the mega mixed-use project Marina One, is taking a calibrated tack with its upcoming launch of the residential units in the development, and is dangling early-bird discounts of 10 per cent on selected units.

On the expected launch date of Oct 11, it will release only 150 to 200 units in the first block, instead of all 521 at a go.

It will also hold back the release of the 521 units in the second residential block until after the project's temporary occupation permit (TOP) is issued, said Kemmy Tan, the chief operating officer of M+S.