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Best Condos in District 1 (CBD, Marina Bay)

CBD condos in D1 (Raffles Place/Marina Bay) for investors and urban professionals.

Last updated: 27 July 2026

Overview

District 1 encompasses Singapore's core financial sectors of Raffles Place and Marina Bay, primarily featuring 99-year leasehold residential developments. Transaction data indicates a broad pricing spectrum, ranging from $1,129.675 psf at People's Park Complex to $3,176.362 psf at Union Square Residences. Market activity in this district is significant, with high-volume projects like One Marina Gardens and Marina One Residences recording 510 and 430 transactions respectively.

Market Analysis

Analysis of the 10 most active projects shows that newer developments or those in the Marina Bay area command a significant price premium. Union Square Residences leads the district with an average of $3,176.362 psf, while One Marina Gardens follows at $2,959.328 psf. Established developments such as The Sail @ Marina Bay and Marina Bay Residences maintain high liquidity with 319 and 103 transactions, priced at $1,926.04 psf and $2,176.568 psf respectively. Investors seeking lower entry points in the CBD often look toward One Shenton, which averages $1,727.661 psf across 130 transactions, or The Clift at $1,990.781 psf. The oldest development in the data set, People's Park Complex (lease commencing 1968), represents the floor of the market at $1,129.675 psf.

Most Popular Projects in This District

ProjectDistrictMedian PSFTransactionsTenure
ONE MARINA GARDENSD01 Raffles Place, Marina$2,959.32851099 years leasehold
MARINA ONE RESIDENCESD01 Raffles Place, Marina$2,320.86243099 yrs lease commencing from 2011
THE SAIL @ MARINA BAYD01 Raffles Place, Marina$1,926.0431999 yrs lease commencing from 2002
UNION SQUARE RESIDENCESD01 Raffles Place, Marina$3,176.36214299 yrs lease commencing from 1995
ONE SHENTOND01 Raffles Place, Marina$1,727.66113099 yrs lease commencing from 2005
V ON SHENTOND01 Raffles Place, Marina$2,142.13510699 yrs lease commencing from 2011
MARINA BAY RESIDENCESD01 Raffles Place, Marina$2,176.56810399 yrs lease commencing from 2005
THE CLIFTD01 Raffles Place, Marina$1,990.7817699 yrs lease commencing from 2004
PEOPLE'S PARK COMPLEXD01 Raffles Place, Marina$1,129.6755499 yrs lease commencing from 1968
MARINA BAY SUITESD01 Raffles Place, Marina$1,919.5885399 yrs lease commencing from 2007

Buyer Advice

Prospective buyers should prioritize lease balance and transaction volume when evaluating District 1 properties, as lease commencement dates range from 1968 at People's Park Complex to 2011 at Marina One Residences. For those focused on the Marina Bay area, The Sail @ Marina Bay provides a lower entry price of $1,926.04 psf compared to $2,320.862 psf at Marina One Residences. Transaction volume is a critical indicator of resale liquidity, with One Marina Gardens showing the highest activity in the district with 510 recorded transactions.

Frequently Asked Questions

Which condo in District 1 has the highest average PSF?
Union Square Residences currently holds the highest average price in District 1 at $3,176.362 psf. This 99-year leasehold project, with a lease commencing in 1995, has recorded 142 transactions.
What is the most frequently traded condo in the Marina Bay area?
One Marina Gardens is the most frequently traded project with 510 transactions at an average price of $2,959.328 psf. It is followed by Marina One Residences, which has seen 430 transactions at $2,320.862 psf.
Are there residential options in District 1 for under $1,500 psf?
People's Park Complex is the only major development in the data set priced under $1,500 psf, averaging $1,129.675 psf across 54 transactions. Buyers should note its 99-year lease commenced in 1968, which is reflected in the lower price point.
How do prices compare between One Shenton and V on Shenton?
One Shenton is priced at an average of $1,727.661 psf with 130 transactions and a lease commencing in 2005. V on Shenton commands a higher average of $2,142.135 psf with 106 transactions and a more recent lease commencement in 2011.
What is the average transaction price for The Sail @ Marina Bay?
The Sail @ Marina Bay has an average transaction price of $1,926.04 psf based on 319 transactions. The development is a 99-year leasehold property with its lease starting from 2002.
What are the price trends for Marina Bay Suites and Marina Bay Residences?
Marina Bay Residences averages $2,176.568 psf across 103 transactions with a lease from 2005. Marina Bay Suites is priced slightly lower at an average of $1,919.588 psf based on 53 transactions, with a lease commencing from 2007.

This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.

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