Singapore Land to Close Marina Square for 76,000-Square-Metre Revamp
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Singapore Land will close its Marina Square retail mall on March 31 to begin a multi-year redevelopment across more than 76,000 square metres of gross floor area. The project converts the standalone four-storey shopping centre into a mixed-use complex slated for completion in 2031.
The overhaul will add three new towers to the site. These buildings will contain 204 luxury homes, a 260-key serviced apartment development, a 304-key hotel, and approximately 13,000 square metres of Grade A office space.
New Towers and Rooftop Links
Plans for the redesigned four-storey podium focus on experiential retail, sports, wellness facilities, dining, and pet-friendly outdoor areas. Direct roofscape links will connect the mall to the new towers and the precinct’s three existing hotels, which will remain open during construction.
Singapore Land intends to use the retail podium as an active conduit between residential, commercial, and hospitality traffic throughout Marina Bay across different hours of the day. The developer plans to run community activations and events before the shutdown to maintain tenant sales and visitor footfall.
“By adding residences, serviced apartments and workplaces alongside the existing hotels and repositioning the mall around experience-led retail, sports, wellness and community, we are creating a new ecosystem where people can live, work, stay and connect,” said Jonathan Eu, chief executive of Singapore Land.
Rethinking Prime Downtown Retail
The project reflects a broader trend across prime Asian commercial districts, where landlords are dismantling single-use suburban-style malls in favour of dense, mixed-use assets. With e-commerce shifting retail spending patterns and office attendance remaining flexible, central developers in Singapore and Hong Kong increasingly rely on on-site residential and hotel populations to guarantee daily mall traffic.
Tenants at Marina Square will vacate ahead of the March 31 shutdown, with construction work running through to the targeted delivery date in 2031.
Questions & Answers
Q.What is the primary reason for Singapore Land's decision to redevelop Marina Square?
What is the primary reason for Singapore Land's decision to redevelop Marina Square?
The redevelopment reflects a trend where landlords dismantle single-use malls for mixed-use assets. This is due to e-commerce shifting retail spending and flexible office attendance, requiring on-site residential and hotel populations to ensure mall traffic.
Q.What new facilities will be added to the Marina Square site as part of the redevelopment?
What new facilities will be added to the Marina Square site as part of the redevelopment?
The overhaul will add three new towers to the site. These will contain 204 luxury homes, a 260-key serviced apartment development, a 304-key hotel, and approximately 13,000 square metres of Grade A office space.
Q.What is Singapore Land's strategy for maintaining tenant sales and visitor numbers before the shutdown?
What is Singapore Land's strategy for maintaining tenant sales and visitor numbers before the shutdown?
Singapore Land plans to run community activations and events before the shutdown. This is intended to maintain tenant sales and visitor footfall ahead of the closure on March 31.
Q.How will the existing hotels in the precinct be affected by the construction work?
How will the existing hotels in the precinct be affected by the construction work?
The precinct's three existing hotels will remain open during construction. Direct roofscape links will connect these hotels to the new towers and the redeveloped mall once completed.
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