URA office price index sat at 111.3 in Q2 2026 (+0.4% QoQ, -0.4% YoY) (URA via data.gov.sg).
URA office rental index printed 201.8 in Q2 2026 (+0.9% YoY) (URA via data.gov.sg).
📈 Why this area’s potential is risingMarina Bay / Downtown expansion · Ongoing
Continued growth of the financial and mixed-use core, including new Marina South residential parcels.
Source: URA CBD Incentive 2.0 & Strategic Development Incentive 2.0 · 7 Feb 2025 - 6 Feb 2030 (Outline Applications only)
URA incentives to redevelop older CBD offices (>=20 yrs from TOP) into mixed-use / residential — up to 25-30% intensification under CBD Incentive 2.0, case-by-case GPR/GFA/height deviation under SDI 2.0 for amalgamated sites. Genuine redevelopment upside for ageing commercial buildings, verified 2 Sep 2026.
Source: URA Marina South housing · Launched 2024+
New prime public & private housing in the city centre — the first residential precinct in Marina South, car-lite and park-connected.
Source: HDB / URA Sourced from URA / LTA / HDB plans — not a price forecast. Ask Andrea what it means for this address.
🏗️ Development pipeline nearbyGovernment land released for future development near this address:
Cross Street ↗ (opens in new tab) · Residential (URA GLS · Reserve)
Site released for future development · Available for Application · ~0.23ha · plot ratio 6.3 · ~241m away
Telok Ayer Street ↗ (opens in new tab) · Hotel (URA GLS · Reserve)
Site released for future development · Available for Application · ~0.41ha · plot ratio 7.0 · ~333m away
River Valley Road ↗ (opens in new tab) · Hotel (URA GLS · Reserve)
Site released for future development · Available for Application · ~1.02ha · plot ratio 2.8 · ~888m away
Source: URA Government Land Sales & JTC Industrial GLS programmes. A new nearby site can lift the area and/or add future supply — factual pipeline, not a forecast.
🏗️ New developments nearby — the growth signalNew-launch projects near this address:
TMW MAXWELL · 30 JUNE 2028 · Chuan Holdings Limited, Chip Eng Seng Corporation Limited / CEL, SingHaiyi Group Limited
~786m away
CANNINGHILL PIERS · 30/06/2027 · CapitaLand Limited, City Developments Limited
~1.2km away
+1 more nearby
Source: PropNex new-launch project feed, developer-declared TOP/units. A nearby launch is a growth signal, not a price forecast for this property.