District 01

Marina Bay

Singapore's global financial waterfront

Overview

Precinct overview

Marina Bay is the crown of Singapore's Central Business District — a 360-hectare reclaimed waterfront masterplanned by the Urban Redevelopment Authority to host the highest concentration of global banking, asset management and family office capital in South-East Asia. Every square metre is governed by a long-term white-site framework that mixes Grade A office, ultra-prime residential, hospitality and civic space.

Investment advantages

Highest Grade A office rents and occupancy in Singapore
Zero land supply outside the URA Government Land Sales programme
Direct access to four MRT lines through Marina Bay interchange
Home to MAS, global bank headquarters and 200+ family offices
Waterfront residential stock with permanent protected views

Market performance

Current indicators

Grade A office rent: S$12.40 psf/mo
Office occupancy: 96.4%
Residential median: S$3,180 psf
Gross rental yield: 3.1 – 3.6%

Grade A office rent: +3.8% year-on-year

Office occupancy: Highest in the CBD

Residential median: +5.1% year-on-year

Gross rental yield: Prime residential

Rental demand

Expatriate banking and technology executives dominate leasing, with two- and three-bedroom units achieving S$9,500–S$18,000 per month. Vacancy in the precinct has stayed below 4% for eleven consecutive quarters.

Office demand

Net absorption remains positive as financial institutions consolidate into efficient, green-certified floor plates. Pre-commitment on new Marina Bay supply routinely exceeds 70% ahead of Temporary Occupation Permit.

Residential demand

Supply is structurally constrained — fewer than 3,000 private units exist within a ten-minute walk of Marina Bay MRT, against a working population of over 200,000.

Connectivity