FC
FairComparisons
D01 Raffles Place/Marina

MARINA BAY RESIDENCES

MARINA BOULEVARD · District 01 · 99 yrs lease commencing from 2005

Median Price

S$2.3M

93 transactions

Price Range

S$1.4M - S$19.4M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$7.49 psf

per month

MARINA BAY RESIDENCES Price Analysis

MARINA BAY RESIDENCES is a leasehold development on MARINA BOULEVARD in District 01 (Raffles Place/Marina). According to URA transaction records, 93 private residential transactions have been recorded at this development, with a median price of S$2,320,000. Prices range from S$1.4M for the smallest units to S$19.4M for premium configurations.

The development offers units across 5 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,515,000. Larger units (5+ bed (170+ sqm)) trade at S$6,000,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at MARINA BAY RESIDENCES. High-floor units (51-55) command a median of S$5,612,500, while low-floor units (06-10) sell for S$1,590,000. That is a 253% premium for higher floors, worth S$4.0M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, MARINA BAY RESIDENCES commands an average of S$7.49 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.3%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

51-55
S$5.6M
4 txns
16-20
S$3.2M
14 txns
46-50
S$2.5M
8 txns
41-45
S$2.4M
6 txns
26-30
S$2.4M
14 txns
11-15
S$2.3M
12 txns
36-40
S$2.3M
6 txns
31-35
S$2.3M
11 txns
21-25
S$2.2M
13 txns
06-10
S$1.6M
5 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
1-Bed (50-70 sqm)S$1.5M68 sqm28
2-Bed (70-100 sqm)S$2.4M97 sqm19
3-Bed (100-130 sqm)S$2.3M106 sqm20
4-Bed (130-170 sqm)S$3.8M152 sqm13
5+ Bed (170+ sqm)S$6M234 sqm13

Current Listings

2-Bed sale

Cleo Lee · ERA REALTY NETWORK PTE LTD

S$1.7M

3-Bed sale

David Sim BBM · MCDOWELL REALTY NETWORK

S$2.6M

2-Bed sale

Jesslyn Kwong · PROPNEX REALTY PTE. LTD.

S$2.7M

2-Bed sale

Karen Tan · PROPNEX REALTY PTE. LTD.

S$1.8M

3-Bed sale

Pauline Sim (沈梅梅) · PROPNEX REALTY PTE. LTD.

S$4.5M

FAQ

What is the average price of MARINA BAY RESIDENCES?

The median transaction price at MARINA BAY RESIDENCES is S$2,320,000, based on 93 URA-recorded transactions. Prices range from S$1.4M to S$19.4M.

Does floor level affect prices at MARINA BAY RESIDENCES?

Yes. High-floor units (51-55) sell for a median of S$5,612,500, while low-floor units (06-10) sell for S$1,590,000. That is a 253% premium for higher floors.

What is the rental rate at MARINA BAY RESIDENCES?

The average rental rate at MARINA BAY RESIDENCES is approximately S$7.49 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.