D01 Raffles Place/Marina

MARINA BAY SUITES

CENTRAL BOULEVARD · District 01 · 99 yrs lease commencing from 2007

Median Price

S$3.3M

50 transactions

Price Range

S$2.8M - S$6.4M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$6.08 psf

per month

MARINA BAY SUITES Price Analysis

MARINA BAY SUITES is a leasehold development on CENTRAL BOULEVARD in District 01 (Raffles Place/Marina). According to URA transaction records, 50 private residential transactions have been recorded at this development, with a median price of S$3,265,000. Prices range from S$2.8M for the smallest units to S$6.4M for premium configurations.

The development offers units across 2 size categories. The most traded segment is 4-bed (130-170 sqm) at a median of S$3,100,000.

Floor level significantly impacts pricing at MARINA BAY SUITES. High-floor units (26-30) command a median of S$4,825,000, while low-floor units (06-10) sell for S$3,000,333. That is a 61% premium for higher floors, worth S$1.8M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, MARINA BAY SUITES commands an average of S$6.08 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 1.9%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

26-30

S$4.8M

2 txns

56-60

S$4.6M

6 txns

31-35

S$3.5M

6 txns

16-20

S$3.5M

12 txns

51-55

S$3.3M

3 txns

11-15

S$3.3M

6 txns

41-45

S$3.2M

5 txns

46-50

S$3.1M

2 txns

36-40

S$3.1M

2 txns

21-25

S$3.1M

5 txns

06-10

S$3.0M

1 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
4-Bed (130-170 sqm)	S$3.1M	149 sqm	27
5+ Bed (170+ sqm)	S$4M	209 sqm	23

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 SUITES?

The median transaction price at MARINA BAY SUITES is S$3,265,000, based on 50 URA-recorded transactions. Prices range from S$2.8M to S$6.4M.

Does floor level affect prices at MARINA BAY SUITES?

Yes. High-floor units (26-30) sell for a median of S$4,825,000, while low-floor units (06-10) sell for S$3,000,333. That is a 61% premium for higher floors.

What is the rental rate at MARINA BAY SUITES?

The average rental rate at MARINA BAY SUITES is approximately S$6.08 per square foot per month, based on URA median rental data.

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