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: 2 October 2026

Overview

District 1, encompassing Raffles Place and Marina Bay, functions as Singapore's core financial hub for urban professionals and institutional investors. Market data indicates a wide pricing spectrum, ranging from $1,129.675 psf at People's Park Complex to $3,176.362 psf at Union Square Residences. High transaction activity is concentrated in Marina Bay, where One Marina Gardens and Marina One Residences have recorded a combined 940 transactions.

Market Analysis

Transaction data reveals a price premium for newer developments, with Union Square Residences reaching $3,176.362 psf despite a lease commencing in 1995. One Marina Gardens leads the district in volume with 510 transactions at an average of $2,959.328 psf, while Marina One Residences averages $2,320.862 psf. A significant price gap exists between older assets like People's Park Complex ($1,129.675 psf, 1968 lease) and mid-aged developments such as The Sail @ Marina Bay ($1,926.04 psf, 2002 lease). The average price for residential units along Shenton Way remains between $1,727.661 psf at One Shenton and $2,142.135 psf at V on Shenton.

Most Popular Projects in This District

Project	District	Median PSF	Transactions	Tenure
ONE MARINA GARDENS	D01 Raffles Place, Marina	$2,959.328	510	99 years leasehold
MARINA ONE RESIDENCES	D01 Raffles Place, Marina	$2,320.862	430	99 yrs lease commencing from 2011
THE SAIL @ MARINA BAY	D01 Raffles Place, Marina	$1,926.04	319	99 yrs lease commencing from 2002
UNION SQUARE RESIDENCES	D01 Raffles Place, Marina	$3,176.362	142	99 yrs lease commencing from 1995
ONE SHENTON	D01 Raffles Place, Marina	$1,727.661	130	99 yrs lease commencing from 2005
V ON SHENTON	D01 Raffles Place, Marina	$2,142.135	106	99 yrs lease commencing from 2011
MARINA BAY RESIDENCES	D01 Raffles Place, Marina	$2,176.568	103	99 yrs lease commencing from 2005
THE CLIFT	D01 Raffles Place, Marina	$1,990.781	76	99 yrs lease commencing from 2004
PEOPLE'S PARK COMPLEX	D01 Raffles Place, Marina	$1,129.675	54	99 yrs lease commencing from 1968
MARINA BAY SUITES	D01 Raffles Place, Marina	$1,919.588	53	99 yrs lease commencing from 2007

Buyer Advice

Prospective buyers should evaluate the $1,727.661 psf entry point at One Shenton against the $2,176.568 psf average at Marina Bay Residences to determine relative value in the CBD. Investors focused on liquidity may consider One Marina Gardens, which recorded 510 transactions, the highest in the district. It is essential to account for lease decay in older developments, specifically People's Park Complex which has a lease starting from 1968.

Frequently Asked Questions

What is the most affordable condo in District 1 Singapore?

People's Park Complex is currently the most affordable option in District 1 with an average price of $1,129.675 psf. This development has a 99-year lease commencing from 1968 and recorded 54 transactions in the analyzed period.

Which District 1 condo has the highest price per square foot?

Union Square Residences holds the highest average price in District 1 at $3,176.362 psf. The project recorded 142 transactions and operates on a 99-year lease that commenced in 1995.

How does Marina One Residences compare to One Marina Gardens in price?

Marina One Residences averages $2,320.862 psf with 430 transactions, while One Marina Gardens is priced higher at $2,959.328 psf with 510 transactions. Both are 99-year leasehold properties located in the Marina Bay area.

What are the average prices for condos near Shenton Way?

In the Shenton Way area, One Shenton averages $1,727.661 psf across 130 transactions, while V on Shenton averages $2,142.135 psf with 106 transactions. These developments have leases starting in 2005 and 2011 respectively.

Is The Sail @ Marina Bay still a high-volume project?

The Sail @ Marina Bay remains a liquid asset with 319 transactions recorded at an average price of $1,926.04 psf. Its 99-year lease commenced in 2002, making it older than Marina Bay Suites which averages $1,919.588 psf.

What is the price trend for Marina Bay Residences?

Marina Bay Residences maintains an average price of $2,176.568 psf based on 103 transactions. This project has a 99-year lease starting from 2005, positioning it between The Sail @ Marina Bay and Marina One Residences in terms of pricing.

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

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