The Marina Collection
An unprecedented opportunity to acquire prime waterfront real estate in Singapore's internationally renowned Sentosa Cove. Due to overwhelming market response during initial registrations, the placement has been expanded to release all 38 mortgagee luxury residences (17 units of 3-Bedroom and 21 units of 4-Bedroom) via appointed marketing agency PropNex Realty from an extraordinary $1,269 PSF. Completed development with immediate occupancy and active tenancies.
1. Overview & Architectural Setting
The Marina Collection is a prestigious 124-unit luxury residential development situated at 13, 15, and 17 Cove Drive in the exclusive southern precinct of Sentosa Cove (District 04). Designed by celebrated architectural firm Architects 61 Pte Ltd and developed by Lippo Marina Collection Pte Ltd, the development occupies a sprawling 22,222 square metre (~239,195 sqft) waterfront site directly fronting the private marina basin of ONE°15 Marina Club.
Comprising three sculpted 4-storey residential blocks, The Marina Collection was conceived as a Mediterranean-inspired maritime sanctuary. Generously proportioned residences range from 1,873 sq ft for 3-bedroom suites up to 4,693 sq ft for 6-bedroom penthouses with private rooftop swimming pools. Having obtained its Temporary Occupation Permit (TOP) in 2011, the development is fully established, offering immediate physical viewing of actual completed units, lush resort grounds, and private waterfront boardwalks.
| Project Metric | Official Verified Specifications |
|---|---|
| Development Name | The Marina Collection |
| Campaign Event | Official Bank Sale Placement (Mortgagee Release by Placement) |
| Vendor | Mortgagee in Possession |
| Appointed Marketing Agency | PropNex Realty Pte Ltd |
| Official Address | 13, 15, 17 Cove Drive, Sentosa Cove, Singapore 098418 |
| District & Planning Area | District 04 · Core Central Region (CCR) · Sentosa Cove |
| Land Tenure | 99-year leasehold commencing 3 January 2007 |
| Building Structure | 3 blocks of 4-storey residential apartments (124 total residences) |
| Site Area | 22,222 sqm (approx. 239,195 sqft) |
| Completion Status | Completed (TOP obtained 2011) · No construction risk |
| Bank Sale Inventory Released | 38 units (17 units of 3-Bedroom, 21 units of 4-Bedroom) · 100% of Mortgagee Portfolio |
| Discounted Price Range | $2,588,000 to $3,110,000 ($1,269 to $1,407 PSF) |
2. Bank Sale Placement: Key Dates & Placement Terms
Unlike conventional developer launches, this release operates under an official Bank Sale by Placement framework. Prospective buyers must observe the strict calendar and legal completion terms:
One week of exclusive on-site viewings by private appointment. Inspection of actual physical units, view corridors, and fittings.
Official sales booking by placement. Immediate issuance of Options to Purchase (OTP) upon selection.
1% Option Fee
Payable upon confirmation and grant of the Option to Purchase on Sales Booking Day.
4% Exercise Fee
Payable within 2 weeks upon exercising the Option to Purchase.
95% Completion
Balance completion within 8 weeks from exercise date. Cheques payable to Mortgagee's Nominated Account.
As-Is-Where-Is
Units are sold on an as-is-where-is basis. Vacant and tenanted units available.
Purchase Process BY PLACEMENT (Step-by-Step)
Because all 38 mortgagee units are released simultaneously at compelling valuations from $1,269 PSF, sales allocation is governed by an orderly, audited Placement Procedure designed to provide fair allocation and zero risk for intending purchasers:
Submit EOI (Top 3 Choices)
Submit an official Expression of Interest (EOI) indicating your ranked Top 3 preferred units, accompanied by a Cashier’s Order for the 1% Option Fee drawn payable strictly to the Mortgagee's Nominated Account.
Balloting (If Contested)
If multiple buyers select the exact same unit, an official transparent ballot is conducted. If your 1st choice is contested and not drawn, your placement priority automatically cascades to your 2nd or 3rd preference.
Successful Placement Formalities
Upon unit allocation, your Cashier’s Order is deposited as the 1% Option Fee, and the Option to Purchase (OTP) is granted immediately. Buyers advance to the 4% exercise (within 2 weeks) and 95% completion (within 8 weeks).
100% Cashier’s Order Returned
If your preferred choices are taken and you decide not to switch to an available balance unit, your Cashier’s Order is returned to you immediately in full. Zero forfeiture, zero cancellation charge, and zero financial risk.
3. Complete Inventory: All 38 Bank Sale Units & Discounted Prices
Due to overwhelming buyer response during initial registrations, the mortgagee has decided to put all 38 mortgagee units up for sale during this launch as of 3 November 2026. The release comprises 17 three-bedroom residences (from $2.588M / $1,301 PSF) and 21 four-bedroom residences (from $2.948M / $1,269 PSF), with full transparent details on floor area, official discounted price, psf, and tenancy expiry:
| Unit No. | Layout Typology | Size (sqft) | Discounted Price | Price (PSF) | Tenancy Status |
|---|---|---|---|---|---|
| 3-Bedroom Residences (17 Units · From $2,588,000 / $1,301 PSF) | |||||
| #01-15 | 3-Bedroom + PES | 2,099 | $2,786,000 | $1,327 | Vacant (Immediate) |
| #01-16 | 3-Bedroom + PES | 2,099 | $2,786,000 | $1,327 | (Exp Q3 2027) |
| #02-16 | 3-Bedroom | 1,873 | $2,636,000 | $1,407 | (Exp Q3 2027) |
| #01-19 | 3-Bedroom + PES | 2,099 | $2,773,000 | $1,321 | (Exp Q3 2027) |
| #01-21 | 3-Bedroom + PES | 2,099 | $2,766,000 | $1,318 | Vacant (Immediate) |
| #02-21 | 3-Bedroom | 1,873 | $2,618,000 | $1,398 | (Exp Q2 2027) |
| #01-22 | 3-Bedroom + PES | 2,099 | $2,759,000 | $1,314 | Vacant (Immediate) |
| #02-22 | 3-Bedroom | 1,873 | $2,612,000 | $1,394 | (Exp Q4 2028) |
| #02-23 | 3-Bedroom | 1,873 | $2,612,000 | $1,394 | Vacant (Immediate) |
| #01-24 | 3-Bedroom + PES | 2,099 | $2,752,000 | $1,311 | Vacant (Immediate) |
| #01-25 | 3-Bedroom + PES | 2,099 | $2,752,000 | $1,311 | (Exp Q1 2027) |
| #02-25 | 3-Bedroom | 1,873 | $2,604,000 | $1,390 | (Exp Q1 2027) |
| #03-26 | 3-Bedroom | 1,873 | $2,628,000 | $1,403 | (Exp Q3 2027) |
| #01-28 | 3-Bedroom + PES | 2,099 | $2,739,000 | $1,305 | Vacant (Immediate) |
| #01-29 | 3-Bedroom + PES | 2,099 | $2,739,000 | $1,305 | Vacant (Immediate) |
| #01-30 | 3-Bedroom + PES | 2,099 | $2,732,000 | $1,301 | (Exp Q4 2027) |
| #02-30 | 3-Bedroom | 1,873 | $2,588,000 | $1,381 (Lowest 3BR Quantum) | (Exp Q1 2027) |
| 4-Bedroom Residences (21 Units · From $2,948,000 / $1,269 PSF) | |||||
| #01-02 | 4-Bedroom + PES | 2,390 | $3,033,000 | $1,269 (Lowest PSF) | (Exp Q3 2027) |
| #02-02 | 4-Bedroom | 2,185 | $2,948,000 | $1,349 (Lowest 4BR Quantum) | (Exp Q3 2027) |
| #03-02 | 4-Bedroom | 2,185 | $2,981,000 | $1,364 | (Exp Q1 2027) |
| #01-03 | 4-Bedroom + PES | 2,390 | $3,049,000 | $1,276 | (Exp Q1 2027) |
| #02-03 | 4-Bedroom | 2,185 | $2,962,000 | $1,356 | Vacant (Immediate) |
| #03-03 | 4-Bedroom | 2,185 | $2,995,000 | $1,371 | (Exp Q1 2027) |
| #01-04 | 4-Bedroom + PES | 2,390 | $3,064,000 | $1,282 | (Exp Q3 2027) |
| #02-04 | 4-Bedroom | 2,185 | $2,976,000 | $1,362 | (Exp Q2 2027) |
| #03-04 | 4-Bedroom | 2,185 | $3,009,000 | $1,377 | Vacant (Immediate) |
| #02-06 | 4-Bedroom | 2,185 | $3,019,000 | $1,381 | (Exp Q2 2027) |
| #03-06 | 4-Bedroom | 2,185 | $3,051,000 | $1,396 | Vacant (Immediate) |
| #02-07 | 4-Bedroom | 2,185 | $3,019,000 | $1,381 | (Exp Q3 2027) |
| #01-08 | 4-Bedroom + PES | 2,390 | $3,110,000 | $1,301 | (Exp Q1 2027) |
| #01-09 | 4-Bedroom + PES | 2,390 | $3,095,000 | $1,295 | (Exp Q2 2027) |
| #02-09 | 4-Bedroom | 2,185 | $3,004,000 | $1,375 | (Exp Q1 2027) |
| #01-10 | 4-Bedroom + PES | 2,390 | $3,079,000 | $1,289 | (Exp Q4 2026) |
| #03-10 | 4-Bedroom | 2,185 | $3,023,000 | $1,384 | (Exp Q3 2027) |
| #01-11 | 4-Bedroom + PES | 2,390 | $3,064,000 | $1,282 | (Exp Q3 2027) |
| #02-11 | 4-Bedroom | 2,185 | $2,976,000 | $1,362 | Vacant (Immediate) |
| #01-12 | 4-Bedroom + PES | 2,390 | $3,048,000 | $1,276 | (Exp Q3 2027) |
| #03-13 | 4-Bedroom | 2,185 | $2,981,000 | $1,364 | Vacant (Immediate) |
| Total Released Stock | 38 Residences (17 of 3BR, 21 of 4BR) | 1,873 – 2,390 sqft | From $2,588,000 | $1,269 – $1,407 PSF | Mix of Vacant & Tenanted |
4. The $1,269 PSF Valuation Paradox: Sentosa Luxury vs Suburban Market
The pricing metrics of The Marina Collection Bank Sale create an extraordinary valuation arbitrage in Singapore's 2026/2027 real estate landscape:
$1,269 – $1,396 PSF
Prime District 04 waterfront marina luxury. Units from 1,873 to 2,390 sq ft priced between $2.588M and $3.11M.
$1,400 – $1,600 PSF
New EC launches in Woodlands, Bukit Panjang, and Tampines with 5-year MOP restrictions and standard suburban specs.
$2,100 – $2,400+ PSF
Mass-market suburban launches across Jurong, Clementi, and Lentor commanding $2.2M+ for compact 3-bedroom units.
$3,200 – $3,800+ PSF
Prime central condominiums (e.g. River Valley, Orchard, Novena) commanding $3M+ for standard 2-bedroom apartments.
Strategic Buyer Takeaway
At $1,269 to $1,396 PSF, purchasers are acquiring expansive, ultra-luxury residential floorplates (over 2,000 sq ft) at a per-square-foot rate lower than mass-market Executive Condominiums on the mainland. For families seeking vacation-home resort lifestyles or investors acquiring tenanted assets with immediate rental cashflow, this represents a rare entry window that cannot be replicated at today's replacement land construction costs.
5. Development Unit Mix & Master Site Plan
The Marina Collection features an exclusive total density of just 124 residences distributed across three 4-storey residential blocks. All apartments are designed with wide frontages to maximise natural light and marina vistas:
Actual 4-Bedroom Residence: Complete Physical Walkthrough
A key advantage of purchasing completed bank sale placements at The Marina Collection is the ability to inspect the actual physical condition and architectural finishes of available residences prior to booking. Below are authentic on-site photographs of an actual 4-bedroom residence, capturing the living pavilion, designer dry and wet kitchens, luxury en-suite bathroom, guest powder room, and private bedroom:
Move-In & Tenancy Readiness: Unlike distressed auctions that often suffer from deferred maintenance, stripped appliances, or surface neglect, the bank sale placement units at The Marina Collection present in clean, well-preserved physical condition with intact architectural stone, glass balustrades, and high-end fittings, offering buyers immediate move-in or rental leasing capability with minimal capital expenditure.
Actual On-Site Facilities: 75m Resort Lagoon & Pool Deck
A direct look at the central communal grounds of The Marina Collection. The development is anchored by a sprawling 75-metre resort swimming pool, framed by natural timber sun decks, manicured tropical palm groves, poolside cabanas, and sculpted rock water features overlooking the low-rise Mediterranean-inspired residential blocks.
Live Video Walkthrough: Resort Pool & Grounds
Video Clip: On-site panoramic sweep across the 75m resort pool, decorative rock water features, and manicured waterfront landscaping fronting the residential towers.
On-Site Physical Photography: Timber Deck & Sky
Physical Photo: Wide perspective along the timber boardwalk and turquoise pool waters facing the four-storey residential facade and rooftop penthouse terraces.
Master Site Layout Plan
6. Official Maintenance Fee Schedule
Official monthly maintenance fee breakdown and quarterly charges for The Marina Collection based on prescribed strata share values:
| Apartment Typology | Share Value | Management Fund | Sinking Fund | SDC Contribution | Total Monthly (with GST) | Total Per Quarter |
|---|---|---|---|---|---|---|
| 3-Bedroom (Type A, Ag) | 8 | $1,072.00 | $160.00 | $359.20 | $1,734.41 | $5,203.22 |
| 4-Bedroom (Type B, Bg) | 9 | $1,206.00 | $180.00 | $404.10 | $1,951.21 | $5,853.63 |
7. Sentosa Cove Waterfront Lifestyle & Connectivity
Living at The Marina Collection integrates the exclusivity of an island sanctuary with immediate connectivity to Singapore's urban mainland:
ONE°15 Marina Club
World-class marina club located directly adjacent, offering private yacht berthing, waterfront dining, spa, and exclusive member lifestyle events.
Quayside Isle
Upscale waterfront dining and retail promenade featuring European bistros, microbreweries, specialty cafes, and artisanal bakeries.
Sentosa Golf Club
Home to the world-renowned Serapong and New Tanjong championship 18-hole golf courses, just a 3-minute golf buggy ride away.
Cove Village
Everyday community conveniences featuring Jasons Deli / Cold Storage supermarket, pharmacy, and daily services.
Resorts World Sentosa & Universal Studios
Minutes to Michelin-starred dining, luxury retail, Singapore Oceanarium, and casino entertainment.
Sentosa Shuttle Service to VivoCity
Convenient scheduled island shuttle connecting Cove Village directly to HarbourFront MRT / VivoCity retail mega-hub.
8. Project Pedigree & Professional Consultants
The Marina Collection represents the joint collaboration of established international real estate institutions:
Lippo Group (Developer)
Lippo Group is a pan-Asian multinational conglomerate with extensive investments across real estate, retail, healthcare, and financial services. Its Singapore residential portfolio includes prestigious developments such as The Holland Collection and Newton One.
Architects 61 Pte Ltd
Founded in 1974, Architects 61 is one of Singapore’s most distinguished architectural practices, having shaped the Singapore skyline through landmark commercial towers (One Raffles Quay, Ocean Financial Centre, Asia Square, and MBFC), as well as Sentosa luxury benchmarks including Cape Royale and Seascape.
Mortgagee in Possession & Marketing Placement
Structured bank sale placement conducted through appointed marketing agency PropNex Realty. Financing packages and mortgage advisory are available to qualified purchasers through major local lending institutions.
9. Frequently Asked Questions (Buyer Due Diligence)
What is The Marina Collection Bank Sale Placement?
The Marina Collection Bank Sale is an official bulk release of all 38 prime mortgagee/bank sale residential apartments (17 units of 3-Bedroom and 21 units of 4-Bedroom) through appointed marketing agency PropNex Realty, with discounted pricing from $1,269 PSF.
What are the key dates for the preview and sales booking?
The exclusive public preview runs from 6 to 13 November 2026 by appointment. The official sales booking day by placement takes place on Saturday, 14 November 2026.
What are the starting prices and PSF benchmarks for the 38 units?
3-Bedroom units (1,873 to 2,099 sqft) start from $2,588,000 ($1,381 psf) up to $2,786,000 ($1,327 psf). 4-Bedroom units (2,185 to 2,390 sqft) start from $2,948,000 ($1,349 psf) or $3,033,000 ($1,269 psf for 2,390 sqft PES) up to $3,110,000 ($1,301 psf).
What are the payment and completion terms for this bank sale?
The sales terms require a 1% Option fee upon booking, 4% upon exercise within 2 weeks, and the remaining 95% completion within 8 weeks. Cheques are payable directly to Mortgagee's Nominated Account. All units are sold on an as-is-where-is basis.
Are the units vacant or tenanted?
The 38 units comprise a balanced mix: several units are completely vacant (allowing immediate move-in for owner-occupiers), while others are sold with existing tenancies expiring between Q4 2026 and Q4 2028, providing immediate rental yields for investors.
Where is The Marina Collection located and what are its project credentials?
The Marina Collection is located at 13, 15, and 17 Cove Drive in Sentosa Cove (District 04). It was developed by Lippo Marina Collection Pte Ltd (Lippo Group) and designed by Architects 61. It comprises 124 residences across 3 blocks of 4 storeys on a 22,222 sqm (approx. 239,195 sqft) waterfront parcel.
What are the quarterly maintenance fees for units at The Marina Collection?
3-Bedroom units (8 share values, 151–200 sqm) incur maintenance fees of $5,203.22 per quarter after GST (~$1,734.41/month). 4-Bedroom units (9 share values, 201–250 sqm) incur maintenance fees of $5,853.63 per quarter after GST (~$1,951.21/month).
What amenities surround The Marina Collection in Sentosa Cove?
Residents enjoy immediate proximity to ONE°15 Marina Club, Quayside Isle waterfront dining, Sentosa Golf Club (Serapong & Tanjong courses), Cove Village Cold Storage supermarket, Tanjong and Palawan beaches, and scheduled island shuttle services directly to VivoCity / HarbourFront MRT.
10. Verification Ledger & Legal Compliance
This guide is compiled for independent buyer due diligence from verified sales records and official bank placement materials:
- Official Developer Factsheet: The Marina Collection Factsheet (23 October 2026), Lippo Marina Collection Pte Ltd / Architects 61.
- Bank Sale Placement Release: 38 Units Inventory and Price Schedule (United Overseas Bank Limited / PropNex Realty).
- Maintenance Fee Schedule: Sentosa Cove Management Corporation Strata Title (MCST) schedule for The Marina Collection.
- Urban Redevelopment Authority (URA) & SLA: 99-year leasehold commencing 3 January 2007 on Lots MK34 at Cove Drive.
Compliance Disclaimer: Launch Property Singapore is an independent property research portal and is not the official sales representative of the developer or mortgagee bank. Information presented is compiled from verified public regulatory records and bank placement materials. Units are offered on an as-is-where-is basis subject to contract and availability. Prospective purchasers should conduct their own independent legal and financing checks before submitting binding offers.