By District

Best Condos in District 1 (CBD, Marina Bay)

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

Last updated: 29 April 2026

Overview

District 1, covering Raffles Place and Marina Bay, serves as Singapore's primary financial hub with a residential market dominated by 99-year leasehold developments. Market data indicates a significant pricing spectrum, with entry-level units at People's Park Complex starting at $1,129.675 PSF and premium units at Union Square Residences reaching $3,176.362 PSF. Transaction activity is concentrated in high-density projects, with One Marina Gardens and Marina One Residences recording 510 and 430 transactions respectively.

Market Analysis

Price trends in District 1 are heavily influenced by lease commencement dates and specific project positioning. Union Square Residences commands the highest price point at $3,176.362 PSF despite a 1995 lease commencement, while newer developments like V on Shenton (2011 lease) trade at $2,142.135 PSF. Transaction volumes show that One Marina Gardens is the most liquid asset with 510 transactions, followed by Marina One Residences. Mid-tier pricing is observed in established projects such as The Sail @ Marina Bay and Marina Bay Residences, which trade at $1,926.04 PSF and $2,176.568 PSF respectively. The lowest price point in the district is found at People's Park Complex, where 54 transactions occurred at an average of $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 evaluate the $1,448.701 PSF gap between the district's most expensive and least expensive modern developments. Investors seeking liquidity may prioritize projects like One Marina Gardens or Marina One Residences, which have both exceeded 400 transactions. It is essential to compare the PSF of older assets like One Shenton ($1,727.661 PSF) against newer options to determine if the price depreciation aligns with the remaining lease tenure.

Frequently Asked Questions

What is the average PSF for a condo in District 1?
Pricing in District 1 varies significantly by project, ranging from $1,129.675 PSF at People's Park Complex to $3,176.362 PSF at Union Square Residences. Most major developments in the Marina Bay area, such as Marina One Residences, trade at approximately $2,320.862 PSF.
Which District 1 condo has the highest transaction volume?
One Marina Gardens recorded the highest transaction volume in the district with 510 transactions. Marina One Residences follows closely with 430 transactions, indicating these are the most frequently traded assets in the area.
What are the most affordable condos in the CBD?
People's Park Complex offers the lowest entry price at $1,129.675 PSF with a lease commencing in 1968. For more modern options, One Shenton provides a lower PSF of $1,727.661 compared to the district average.
How does the price of The Sail @ Marina Bay compare to other D1 condos?
The Sail @ Marina Bay has an average price of $1,926.04 PSF based on 319 transactions. This is lower than Marina Bay Residences ($2,176.568 PSF) and V on Shenton ($2,142.135 PSF).
What is the price of a condo near Shenton Way?
V on Shenton trades at an average of $2,142.135 PSF with 106 transactions recorded. Nearby, One Shenton offers a lower price point at $1,727.661 PSF across 130 transactions.
Are there any new 99-year leasehold condos in District 1?
Union Square Residences is a notable project with a lease commencing in 1995, currently trading at $3,176.362 PSF. Marina One Residences and V on Shenton both have newer leases commencing in 2011, trading at $2,320.862 PSF and $2,142.135 PSF respectively.

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

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