With its stunning skyscrapers, upscale hotels, and luxury malls, Marina Bay is Singapore’s new, hip downtown—a 24/7 work-live-play community that caters to the affluent.
An extension of the financial district, Marina Bay is a planned neighborhood built on reclaimed land in the Central Area of Singapore, surrounded by the Downtown Core and the planning areas of Marina East, Marina South, and Straits View.
“The government’s vision for Marina Bay was a thriving and energetic place,” says Lewis Cha, executive director of List Sotheby’s International Realty. “Most of the residents are professionals who are working in the Central Business District, which includes DBS Bank, Standard Chartered Bank, Allianz Asia Pacific, Facebook, LinkedIn, and the Mitsubishi UFJ Financial Group.”
Dazzling Sky-High Condo Towers
Its housing stock, which was built between 2008 and 2017, is uber exclusive. Cha says the four major condo developments in Marina Bay have a total of 2,802 units, and there are two others right on its borders. The oldest, The Sail @ Marina Bay, dates to 2008. Prices start at SGD$1.1 million for a one-bedroom apartment of 50 to 60 square meters. The largest units, which are over 180 square meters, start at SGD$3.6 million.
Marina Bay Residences, which were built in 2010, typically sell for SGD$1.5 million for a 60- to 80-square-meter unit up to a minimum of SGD$3 million for an apartment that’s 120 to 180 square meters.
At Marina Bay Suites, which was completed in 2014 and has only larger units, prices start at SGD$3.8 million for a 120- to 180-square-meter unit. Units larger than 180 square meters start at SGD$5 million.