Mixed Use · Marina Bay
Elevate Bay Quarter
2 Central Boulevard, Marina Bay, Singapore 018916
A 2.1 million sq ft integrated precinct combining 420 residences, a Grade A office tower, retail podium and a 280-key hotel.
Overview
The development
Elevate Bay Quarter is the firm's flagship integrated development: two towers rising from a four-level retail podium, delivering 420 residences, 640,000 square feet of Grade A office, 180,000 square feet of retail and a 280-key luxury hotel operated under an international brand. A central civic plaza connects the precinct directly to the Marina Bay underground network.
Investment highlights
- Four asset classes under one integrated ownership structure
- 280-key internationally branded hotel component
- Direct underground connection to Marina Bay MRT
- Residential owners receive hotel and club privileges
- Diversified income profile across residential, office and retail
- Developer
- Elevate Properties & CapitaLand Development
- District
- District 01
- Tenure
- 99-year leasehold from 2024
- Classification
- Mixed Use
- Construction stage
- Superstructure — podium complete, towers at level 18 and 22
- Completion
- Q2 2029
- Total scale
- 2.1M sq ft GFA · 420 residences
- Price from
- S$1.94M
- Price range
- S$2,980 – S$3,760 psf
- Blended ROI
- 7.8% p.a. blended
- Rental yield
- 3.4 – 4.4%
- Capital appreciation
- 5.1% p.a. (5-year precinct average)
Construction progress
Where the build stands today
Unit types
Pricing and returns by unit
| Unit type | Floor area | Starting price | Current market | Down payment | Installments | Monthly | Rental income | Yield | Appreciation |
|---|---|---|---|---|---|---|---|---|---|
| Studio Residence | 484 sq ft (45 sqm) | S$1,940,000 | S$2,020,000 | S$388,000 (20%) | 54 months to TOP | S$6,860 | S$5,400 / month | 3.3% | 5.0% p.a. |
| Two Bedroom Residence | 947 sq ft (88 sqm) | S$3,380,000 | S$3,520,000 | S$676,000 (20%) | 54 months to TOP | S$11,960 | S$9,800 / month | 3.5% | 5.2% p.a. |
| Sky Penthouse | 3,552 sq ft (330 sqm) | S$14,600,000 | S$15,250,000 | S$2,920,000 (20%) | 54 months to TOP | S$51,640 | S$38,000 / month | 3.1% | 5.5% p.a. |
| Grade A Office Suite | 2,153 sq ft (200 sqm) | S$7,120,000 | S$7,450,000 | S$1,424,000 (20%) | 54 months to TOP | S$25,190 | S$25,800 / month | 4.3% | 4.6% p.a. |
| Podium Retail Space | 1,615 sq ft (150 sqm) | S$7,600,000 | S$7,950,000 | S$1,520,000 (20%) | 54 months to TOP | S$26,880 | S$28,900 / month | 4.4% | 4.8% p.a. |
All units are sold under the Progressive Payment Scheme. Monthly figures assume 75% financing at 3.5% over 25 years from Temporary Occupation Permit. Indicative only.
Payment plan
Progressive payment schedule
5%
Booking fee (Option to Purchase)
On reservation
15%
Exercise of Sale & Purchase Agreement
Within 8 weeks
10%
Completion of foundation works
Certified milestone
10%
Completion of reinforced concrete framework
Certified milestone
5%
Completion of brick walls
Certified milestone
5%
Completion of roofing and ceiling
Certified milestone
5%
Completion of door and window frames
Certified milestone
5%
Completion of car park, roads and drains
Certified milestone
25%
Temporary Occupation Permit (TOP)
On handover
15%
Certificate of Statutory Completion
12 months after TOP
Gallery
Renders, interiors, amenities and plans
20 professionally organised images across exterior, interior, workspace, amenities, plans and construction progress.
Amenities
Facilities
- Level 40 sky club and observation lounge
- Hotel-serviced residential concierge
- 180,000 sq ft retail and dining podium
- Central civic plaza with event programming
- Two swimming pools and wellness spa
- Business centre and conference facilities
- Ballroom for 600 guests
- 1,200-bay basement car park with EV charging
Location
Exact position & connectivity
Neighbourhood
What's nearby
MRT stations
- Downtown (DT) — 3 min sheltered link
- Marina Bay (NS/CE/TE) — 6 min walk
- Raffles Place (NS/EW) — 9 min walk
Schools
- Singapore Management University
- Cantonment Primary School
- Chatsworth International
Shopping centres
- Marina Bay Link Mall
- Asia Square Retail
- Raffles City
Hospitals
- Raffles Hospital
- Singapore General Hospital
- Fullerton Health CBD
FAQ
Frequently asked questions
Enquire
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Brochure, floor plans, price list and payment schedule sent within one business day.
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