New central homes in a highly-anticipated emerging precinct, plenty of amenities within arm's reach, coupled with a stunning view of the Gardens by the Bay - now doesn't that sound enticing? Buyers will now have another opportunity to snag these exclusive homes with the tender closing of another government land sales (GLS) site in Marina South. The GLS tender for the Marina Gardens Lane site drew a single bid when it closed on 15 October 2026. The top bid of $450.1 million was submitted by EL Development and translates to a land rate of $1,243 psf per plot ratio (psf ppr). The site is expected to inject about 390 new private homes and will be the second new private project in the Marina South precinct after One Marina Gardens. At The Heart Of An Emerging PrecinctThe Marina South precinct is envisioned as a self-sustaining, car-lite neighbourhood centred around community spaces and lush greenery. As the area continues to take shape, more commercial, healthcare and lifestyle amenities are expected to be introduced alongside new public and private housing, creating a more vibrant and dynamic community. Marina South will also place a strong emphasis on accessibility, with an extensive network of pedestrian-friendly streets and cycling paths designed to encourage walking and cycling as convenient modes of transport.Being one of the first few private residential projects to debut in Marina South, the development could potentially enjoy a first-mover advantage as the precinct gradually takes shape. Minutes' walk from the MRT stationThe site is a five-minute walk from the upcoming Marina South MRT station on the Thomson-East Coast Line (TEL), making commuting to key financial hubs at Marina Bay and Shenton Way short and seamless. It also offers an easy commute to Woodlands, Outram Park, Orchard Road, and the upcoming Bayshore lifestyle hub. Amenities on your doorstepEnvisioned as a 10-minute neighbourhood, amenities will always be within reach in the Marina South precinct. Future residents need not worry where to shop for daily necessities, with on-site commercial amenities in the upcoming development and more options available at the ground floor retail shops at the adjacent One Marina Gardens, or the upcoming pedestrian mall linked to the Marina South and Garden by the Bay MRT stations. Those seeking out more marquee places to dine and shop can also head to the renowned Marina Bay Sands. The project is also near a community node, with public plazas and courtyards nearby providing spaces for exercise, recreation and family activities. As more sites in Marina South are tendered and development progresses, the range of facilities and amenities is expected to expand over time.That said, families with children should note that schooling options are rather lacking in the Central area, with no schools within a 2-km radius from the site. Surrounded by lush greenery Marina South is set to be a highly green and biophilic precinct, with buildings integrated with gardens and trees. The upcoming development will also benefit from being directly opposite Gardens by the Bay, with some higher-floor units potentially enjoying unblocked views of the gardens.The site is also about a five-minute walk from the upcoming Marina Coastal Park, which will be connected to Gardens by the Bay via an elevated landscaped bridge, creating a seamless pedestrian link between the two green spaces.DevelopersEL Development Pte Ltd is a well-established medium-sized local developer that started as a small business unit within one of Singapore's leading builders, Evan Lim & Co. Pte Ltd. Its portfolio consists of residential projects, both luxury high-end residential and mass market condominiums, industrial strata developments, and most recently, hospitality development. Some of EL Development's most recent projects include Blossoms By The Park, Skysuites 17, Pullman Hotel, Parc Riviera, Symphony Suites and Trivelis.