Elevate Properties
Elevate Bayfront Tower

Office Tower · Marina Bay

Elevate Bayfront Tower

5 Marina Boulevard, Marina Bay, Singapore 018985

A 52-storey Green Mark Platinum office tower delivering 780,000 sq ft of column-free Grade A floor plates.

Overview

The development

Elevate Bayfront Tower sets a new benchmark for strata Grade A office in Marina Bay. Floor plates of 22,000 square feet are column-free from core to façade, served by 24 destination-control lifts and a triple-height sky lobby at level 30. The tower targets Green Mark Platinum Super Low Energy certification and LEED Platinum.

Investment highlights

  • Grade A, Green Mark Platinum Super Low Energy target
  • 22,000 sq ft column-free floor plates
  • No Additional Buyer's Stamp Duty on commercial assets
  • Direct underground link to Marina Bay MRT interchange
  • Pre-commitment already at 46% of net lettable area
Developer
Elevate Properties & Frasers Property
District
District 01
Tenure
99-year leasehold from 2023
Classification
Office Tower
Construction stage
Superstructure — level 31 of 52 cast
Completion
Q4 2028
Total scale
780,000 sq ft NLA
Price from
S$3.18M
Price range
S$3,450 – S$3,980 psf
Blended ROI
8.4% p.a. blended
Rental yield
4.0 – 4.6%
Capital appreciation
4.4% p.a. (5-year precinct average)

Construction progress

Where the build stands today

Foundation & basement100%
Structural works60%
Façade installation28%
Interior finishing10%
Mechanical & electrical34%

Unit types

Pricing and returns by unit

Unit typeFloor areaStarting priceCurrent marketDown paymentInstallmentsMonthlyRental incomeYieldAppreciation
Business Suite915 sq ft (85 sqm)S$3,180,000S$3,320,000S$636,000 (20%)48 months to TOPS$11,250S$11,350 / month4.3%4.2% p.a.
Executive Office2,153 sq ft (200 sqm)S$7,480,000S$7,810,000S$1,496,000 (20%)48 months to TOPS$26,460S$26,700 / month4.3%4.4% p.a.
Open Floor Office5,382 sq ft (500 sqm)S$18,400,000S$19,200,000S$3,680,000 (20%)48 months to TOPS$65,080S$66,700 / month4.4%4.5% p.a.
Full Floor Plate22,000 sq ft (2,044 sqm)S$74,800,000S$78,100,000S$14,960,000 (20%)48 months to TOPS$264,600S$272,800 / month4.4%4.6% p.a.
Ground Retail Space1,507 sq ft (140 sqm)S$6,780,000S$7,080,000S$1,356,000 (20%)48 months to TOPS$23,980S$25,600 / month4.5%4.3% 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

Amenities

Facilities

  • Triple-height level 30 sky lobby
  • Members' business lounge and boardrooms
  • End-of-trip facilities with 320 lockers
  • Rooftop event terrace
  • Landscaped ground-plane plaza
  • Ground-floor F&B and banking hall
  • 24 destination-control lifts
  • Tenant EV charging and 400 parking bays

Location

Exact position & connectivity

Neighbourhood

What's nearby

MRT stations

  • Marina Bay (NS/CE/TE) — 2 min sheltered link
  • Downtown (DT) — 6 min walk
  • Bayfront (CE/DT) — 8 min walk

Schools

  • Singapore Management University
  • INSEAD Asia Campus
  • Cantonment Primary School

Shopping centres

  • Marina Bay Link Mall
  • Asia Square Retail
  • Marina One The Heart

Hospitals

  • Raffles Hospital
  • Singapore General Hospital
  • Fullerton Health CBD

FAQ

Frequently asked questions

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