Artist’s impressionThe Government Land Sales tender for a residential site with ground-floor commercial space at Marina Gardens Lane closed on 15 October 2026 with a single bid, from EL Development, EdgeProp reported. Analysts had expected three to six bids, so the outcome fell well short of that range. For home buyers following new supply on the southern edge of the city centre, the bidder count is the headline.
Reading the Marina Gardens Lane Tender With The Hillshore in Mind
The site is a 99-year leasehold plot of 64,659 sq ft with a maximum gross floor area of 362,122 sq ft, planned for about 390 homes with first-storey commercial space. It was launched for tender on 13 August 2026 and is the third site released in the Marina South precinct. A tender condition limits the first-storey shop space to no more than 150 sq m (1,615 sq ft), intended for future residents, and the management corporation takes over its management once the project is complete.
The bidder history for central sites shows how uneven participation has been. In 2026, Marina Gardens Lane drew one bidder. In 2024, Marina Gardens Crescent drew one bid from a consortium, which URA rejected as too low, so the site was not awarded. In 2023, the adjacent Marina Gardens Lane plot drew four bidders and went to a consortium led by Kingsford Group. In 2021, Marina View drew one bidder, IOI Properties Group.
On percentages, EdgeProp cited an analyst who put the EL Development bid at 11.3% below the 2023 winning bid from the Kingsford-led consortium, and 26.3% above the rejected 2024 Marina Gardens Crescent offer. Another analyst said the subdued turnout reflects a recurring pattern for central GLS sites, while a second linked the response to the larger supply of residential GLS sites, which gives developers a wider range of opportunities.
What the Marina South Setting Adds for The Hillshore Readers
EL Development pointed to the area's draws: views, proximity to Gardens by the Bay and to Marina South MRT on the Thomson-East Coast Line. Next door, the Kingsford-led consortium launched the 937-unit One Marina Gardens in April 2025, with 38.5% sold over its first weekend and about 72% sold according to caveats lodged at the time of the report. EdgeProp also noted that the Marina Gardens Crescent white site could yield about 775 homes. For home buyers, the outcome is one more data point on developer appetite for a single central site, and it speaks to that tender alone.
The Hillshore is a freehold condominium of 59 homes at 290 and 292 Pasir Panjang Road in District 5, on a raised site between Singapore Science Park II and Haw Par Villa. Two five-storey blocks of 30 and 29 homes sit over basement car parks around a landscape deck, with two- to four-bedroom dual-key homes and 13 penthouses ranging from 743 to 2,185 sq ft. The developer is Hillside View Development Pte. Ltd., a subsidiary of FRX Capital Private Limited, and the project launched in 2024. It replaces Gloria Mansion, which was sold collectively in 2022. The location page sets out the setting.
Showflat viewings are arranged by appointment through the Sales Concierge, reachable through the contact page.
Source: EdgeProp, 15 October 2026.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; The Hillshore is not affiliated with the parties mentioned.
Talk to The Hillshore Sales Concierge
The Sales Concierge sends the price list on request, the balance units and the e-brochure for The Hillshore. Showflat viewings are arranged by appointment through the Sales Concierge.