Marina Gardens Lane Condo at Marina Bay is a 99-year leasehold apartment located at the heart of Marina Square. The building’s residents enjoy the benefits of underground links to Raffles Place MRT station, community facilities, and an outdoor swimming pool. However, the development is not without its problems. One such complication is that the unit that is listed for S$3.6 million has been on the market for over a year without selling. The reason for this price disparity is the view from the apartment.
Located in the Downtown Core, Marina Gardens Lane Condo at Marina Bay boasts a convenient location near the waterfront. With floor areas ranging from 1,100 to 1,400 square feet, these units are also very affordable. A three-bedder unit at Marina Gardens Lane Condo is typically leased out for about $6,200 to $6,500 a month, which translates to a 3% gross rental yield.
Marina Gardens Lane Condo …
