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Condo

Marina One Residences, 21 Marina Way — From S$11,500

23 Marina Way

3 units listed 6 for sale
12 people are looking at this property right now
Condo

Marina One Residences, 21 Marina Way — From S$11,500

Marina One Residences, 21 Marina Way
6 Units To Buy
For Sale
Type Units Min Area Price Range
1 BR 2 764 sqft S$1.5M
2 BR 2 1033 sqft S$2.1M – S$2.6M
3 BR 2 1593 sqft S$11,500 – S$3.4M
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Property Highlights
  • Condo development with 6 units currently available.
  • Prices currently range from S$11,500 to S$3.4M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$2,300 on this acquisition.
  • Located 2 min (160 m) from CE2 Marina Bay MRT Station.
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Marina One Residences: Luxury Living at Marina Bay

Marina One Residences stands as a premier residential development positioned at the heart of Singapore's most vibrant commercial and lifestyle corridor. Located at 23 Marina Way, this condominium project benefits from an enviable position that places it within a mere two-minute walk of CE2 Marina Bay MRT Station, making it one of the most connected residential addresses in the city-state. The development represents a flagship offering in the Marina Bay district, where waterfront living meets urban convenience and professional opportunity.

The Marina Bay area has undergone significant transformation over the past decade, establishing itself as Singapore's premier mixed-use precinct. Residents of Marina One Residences gain immediate access to world-class shopping, dining, and entertainment facilities that define this neighbourhood. The proximity to Marina Bay MRT Station—a major interchange serving the Circle and East-West Lines—ensures seamless connectivity to every corner of the island, whether for work commutes, leisure activities, or business engagements. This strategic positioning has consistently attracted both owner-occupiers seeking premium urban living and investors recognising the area's strong capital appreciation trajectory.

Architectural Excellence and Residential Appeal

Marina One Residences exemplifies contemporary luxury residential design, combining sophisticated architecture with thoughtfully planned interior spaces. The development features a selection of units across various configurations, each engineered to maximise light, ventilation, and liveable space. Typical units offer floor areas ranging upwards from 764 square feet, providing flexibility for different household compositions and lifestyle preferences. The careful design methodology ensures that even more compact units feel spacious and well-appointed, a hallmark of premium condominium developments in this price segment.

The building's facade and communal areas reflect high-specification finishes throughout, with attention paid to both aesthetic appeal and functional efficiency. The development incorporates modern smart-home technologies and premium fittings across its residential units, positioning residents at the forefront of contemporary living standards. Residents benefit from generously proportioned windows and outdoor spaces—balconies or terraces—that capitalise on the development's proximity to Marina Bay's natural landscape and waterfront views.

Amenities and Community Facilities

Marina One Residences provides comprehensive on-site amenities designed to support an active and connected lifestyle. The development includes facilities catering to wellness, recreation, and social engagement, reflecting the expectations of discerning residents in this ultra-prime segment. Swimming facilities, fitness studios, and landscaped gardens form part of the integrated amenity offering, encouraging residents to enjoy leisure time without leaving the development. Concierge services and 24-hour security underscore the premium nature of residence here, providing the convenience and peace of mind that define luxury condominium living.

The community spaces within Marina One Residences foster resident interaction whilst maintaining the privacy and exclusivity expected at this price point. Multi-functional lounges, business centres, and entertainment spaces cater to both individual residents and those wishing to host private gatherings. The development's amenity provision reflects an understanding that modern urban residents demand quality facilities integrated seamlessly with their homes, rather than viewing amenities as peripheral additions.

Investment Credentials and Market Position

The Marina Bay district has established itself as one of Singapore's most resilient and appreciating residential markets. Marina One Residences benefits from this demonstrated demand trajectory, supported by continuous redevelopment initiatives and the area's ongoing evolution as a lifestyle destination. The development's proximity to the financial district, combined with its leisure and dining credentials, makes it attractive to high-net-worth individuals, corporate executives, and international residents seeking premium accommodation in Singapore's most prestigious address.

Capital appreciation in Marina Bay has consistently outpaced broader market averages, driven by limited new supply, strong occupier demand, and ongoing transformation of the precinct. Units within Marina One Residences are positioned to benefit from this appreciation dynamic, particularly as the wider Marina Bay area continues its journey toward becoming Singapore's most integrated mixed-use destination. The development's modern specification and community facilities position it competitively within a marketplace where quality and location command sustained premiums.

Accessibility and Connectivity

The two-minute proximity to Marina Bay MRT Station represents a material advantage in Singapore's context, where transport connectivity directly influences both resident satisfaction and property values. The station's position on both the Circle Line and East-West Line provides direct access to major employment centres, residential neighbourhoods, and leisure destinations. Commuters from Marina One Residences can reach the Central Business District in under five minutes, Orchard's shopping district in under ten minutes, and other key employment or lifestyle nodes across the island within thirty minutes maximum.

Beyond MRT connectivity, the development benefits from comprehensive bus services covering the Marina Bay corridor, and its central location makes it pedestrian-accessible to most daily conveniences. The walkable neighbourhood surrounding Marina One Residences includes high-end restaurants, boutique retail, fitness facilities, and cultural venues—a density of amenities rarely matched elsewhere in Singapore. For residents with vehicles, the development integrates with Singapore's extensive road network, whilst the car-light lifestyle enabled by public transport connectivity reduces transportation costs and environmental impact for those choosing to rely on MRT and bus services.

Ownership Considerations and Market Dynamics

Marina One Residences attracts diverse buyer profiles, each recognising distinct value propositions within the development. First-time upgraders seeking to establish themselves in Singapore's most prestigious precincts view the development as an aspirational entry point to Marina Bay living. Established owners wishing to downsize from larger premises or consolidate holdings find appealing floor plans suited to sophisticated urban lifestyles. Investors recognising the area's rental demand and capital appreciation potential view units as core components of diversified property portfolios. International residents and expatriates pursuing permanent residency pathways benefit from the development's cosmopolitan setting and world-class facilities.

The development's pricing from S$1.45 million reflects both its premium location and the quality specifications embedded throughout. Prospective buyers should anticipate that financing at typical loan-to-value ratios will require deposit capital in the region of S$290,000 to S$435,000 depending on individual lender criteria and personal financial circumstances. Those purchasing as a second residential property should note that Additional Buyer's Stamp Duty at the current rate of 20% will apply to the purchase price, adding materially to overall acquisition costs and requiring careful financial planning.

Future Development Pipeline and Market Supply

The Marina Bay district continues to evolve, with ongoing development initiatives shaping the long-term trajectory of the precinct. Marina One Residences maintains a competitive position within this dynamic marketplace, with its established presence and premium specification providing stability as the district matures. The limited availability of large new residential sites in Marina Bay means that new supply will remain constrained, supporting the value retention and capital appreciation characteristics that have historically defined this area. Prospective purchasers should factor in the development's enduring appeal as the district continues its transformation toward becoming Singapore's most integrated and amenity-rich mixed-use hub.

Marina One Residences ultimately represents an opportunity to acquire a stake in one of Singapore's most compelling residential addresses, with the development positioned to benefit from both the area's structural advantages and its ongoing evolution as a lifestyle and commercial destination. The combination of exceptional accessibility, premium facilities, and strategic location makes it an compelling proposition for those seeking the pinnacle of urban residential living in Singapore's most prestigious precinct.

Frequently Asked Questions

What is the estimated rental yield for units purchased as an investment at Marina One Residences?

Marina Bay has demonstrated consistent rental demand from corporate expatriates, international professionals, and transient high-net-worth residents, with typical gross rental yields in the vicinity of 2–3% annually depending on unit configuration and lease length. A unit priced around S$1.45 million could generate annual rental income between S$29,000 and S$43,500, though net yields after property tax, maintenance contributions, and management costs typically settle 0.5–1% lower. The development's proximity to the financial district and international business hub status support sustained rental enquiry, though purchasers should conduct formal rental appraisals before committing capital, as individual unit performance varies based on specification, floor level, and exposure. Strong tenant retention and stable occupancy rates in Marina Bay residential developments suggest that committed investors can achieve predictable income streams, particularly if targeting corporate leasing rather than shorter tourist-focused tenancies.

How does Marina One Residences pricing compare to recent per-square-foot transactions in Marina Bay?

Marina Bay residential developments typically transact in the S$1,800–S$2,300 per square foot range depending on unit size, age, specification, and exact positioning within the precinct. For a unit of 764 square feet at Marina One Residences priced around S$1.45 million, the implied price-per-square-foot sits at approximately S$1,900, positioning the development competitively within Marina Bay's premium band. Recent transactions in comparable developments—those with similar MRT proximity and modern specifications—have demonstrated consistent pricing within this range, suggesting that Marina One Residences offers fair value relative to competing options in the immediate vicinity. Larger units within the development would typically command higher absolute prices but may offer improved per-square-foot economics due to the desirability of more spacious formats in this location. Prospective purchasers should request evidence of comparable recent sales from their agent to benchmark pricing against the broader Marina Bay transaction market.

What are the Additional Buyer's Stamp Duty implications for second-property buyers at Marina One Residences?

Singapore Citizens purchasing a second residential property are liable for Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, in addition to standard Buyer's Stamp Duty. For a unit at Marina One Residences priced at S$1.45 million, the ABSD liability would total S$290,000—a material cost that must be factored into acquisition planning and financing requirements. This 20% rate applies to all second and subsequent residential purchases by citizens, regardless of the property's type or location, and represents a significant component of total transaction costs alongside legal fees, surveys, and agent commissions. Second-property buyers should model their purchase within a total acquisition cost framework that includes the ABSD obligation, as this impacts deposit requirements, loan-to-value ratio calculations, and overall cash outlay at completion. First-time buyers remain exempt from ABSD, as do permanent residents and foreign nationals purchasing their first residential property, making Marina One Residences a particularly attractive proposition for those purchasing their first Singapore home.

Does Marina One Residences face lease decay risk and how will this affect long-term resale value?

Marina One Residences is a modern freehold residential development, eliminating lease decay as a consideration for purchasers and ensuring that capital value does not progressively deteriorate due to shortening lease tenure. Freehold ownership provides perpetual interest in the land and structure, contrasting with leasehold properties where diminishing lease terms can suppress capital values as leases fall below 80 years. The freehold status is a material advantage in Marina Bay's residential market, where the scarcity of freehold titles and the enduring appeal of the precinct combine to support sustained capital values across property cycles. Purchasers acquire permanent ownership with no lease expiration date, meaning their investment maintains full utility and appeal to future buyers without the risk that resale value will erode due to lease mechanics. This freehold positioning also provides certainty regarding future financing availability, as lenders become increasingly conservative with properties carrying short leases, whereas freehold securities remain fully financeable across all lending institutions throughout the ownership lifecycle.

How does proximity to CE2 Marina Bay MRT Station affect demand and capital appreciation at Marina One Residences?

The two-minute walk to Marina Bay MRT Station is a decisive locational advantage that directly elevates the development's appeal across buyer segments and drives measurable capital appreciation premiums compared to properties requiring longer transport connections. Properties within 400 metres of major MRT interchanges command documented price premiums of 8–15% in Singapore's premium residential markets, reflecting both convenience and the demographic profile of residents capable of affording properties in such prime locations. The Marina Bay MRT Station's function as a major interchange serving both the Circle Line and East-West Line amplifies its strategic importance, providing direct connections to the Central Business District, major employment nodes, and lifestyle destinations across the island. This connectivity translates into sustained demand from corporate professionals, international executives, and owner-occupiers whose work or leisure patterns centre on the central corridor, creating a stable tenant and buyer base that supports value retention through economic cycles. Capital appreciation in Marina Bay has consistently outpaced broader market averages, with MRT proximity functioning as a core driver of this performance—properties at Marina One Residences benefit from this demonstrated dynamic and are positioned to capture future appreciation as the precinct continues its maturation and intensification.

Which buyer profiles are best suited to Marina One Residences, and what are their primary motivations?

High-net-worth individuals seeking ultra-premium urban living in Singapore's most prestigious address represent a primary market segment, motivated by the development's freehold status, premium specification, and unmatched location within the Marina Bay mixed-use precinct. Owner-occupiers upgrading from suburban or secondary locations view Marina One Residences as an aspirational move toward central living, with the MRT proximity and integrated amenity offerings addressing lifestyle demands for convenience and cultural engagement. Investors recognising Marina Bay's structural appeal—constrained new supply, international resident demand, and consistent capital appreciation—view units as core portfolio holdings, valuing the stable rental demand and property-price growth characteristics demonstrated by the district. First-time buyers with sufficient capital to enter the premium segment benefit from the freehold structure, modern specifications, and exceptional transport connectivity, positioning the development as an attractive foundation for long-term wealth accumulation in property. Expatriates and foreign nationals purchasing their first Singapore residential property find Marina One Residences particularly compelling, as the freehold status and cosmopolitan neighbourhood environment support their integration into Singapore society whilst providing a tangible capital asset. Owners downsizing from larger suburban or secondary properties may find the development's compact yet sophisticated unit configurations appealing, offering the convenience and amenities of central living without the space and maintenance obligations of larger premises.

What are the TDSR and financing implications for typical purchasers at Marina One Residences?

The Total Debt Service Ratio—currently capped at 60% for mortgage borrowers—determines the maximum loan amount a purchaser can obtain based on monthly income and existing debt obligations. For a unit at Marina One Residences priced at S$1.45 million with typical mortgage terms of 25 years at prevailing interest rates around 3.5–4%, monthly mortgage outgoings would approximate S$6,500–S$7,100 depending on deposit size and lender terms. A purchaser would require gross monthly income of approximately S$10,833–S$11,833 to comfortably meet TDSR requirements whilst maintaining financing headroom for other obligations, or roughly annual income of S$130,000–S$142,000 to qualify at loan-to-value ratios of 75–80%. Second-property buyers must factor the 20% ABSD obligation into deposit planning, as this materially increases cash requirements at completion and may compress available loan-to-value ratios if deposit capital is constrained. Prospective purchasers should obtain mortgage pre-approval from multiple lenders before committing to purchase, as lending criteria and available rates vary across institutions, and pre-approval documentation strengthens negotiating positions in competitive transactions. Central Provident Fund members can utilise accumulated funds to offset purchase costs, subject to scheme conditions, providing a financing mechanism that improves cash flow positioning at completion and enhances overall affordability without impacting TDSR calculations.

How does Marina One Residences compare to nearby competing developments in Marina Bay?

Marina Bay's residential development landscape includes a limited number of ultra-premium options such as Marina Bay Residences, The Pinnacle@Duxton, and One Marina Boulevard, each occupying distinct market positions defined by age, specification, and exact locational characteristics. Marina One Residences competes favourably on specification and amenity provision whilst offering contemporary architecture that appeals to buyers seeking modern rather than established properties, positioning it as particularly attractive to first-time buyers and upgraders prioritising state-of-the-art facilities and technologies. Pricing across Marina Bay developments reflects highly granular differences in unit configuration, floor level, orientation, and view quality, making direct peer comparison challenging; however, Marina One Residences' freehold status and modern specification typically support pricing within competitive market parameters rather than commanding significant premiums or discounts relative to comparable-era developments. The broader Marina Bay residential market demonstrates exceptional resilience and sustained capital appreciation irrespective of specific development selection, suggesting that location within the precinct matters more than marginal development-by-development differences, though prospective purchasers should conduct detailed comparisons of amenity provision, maintenance fee structures, and management quality across competing options. Future supply in Marina Bay remains constrained by limited available sites, meaning existing developments including Marina One Residences will maintain competitive positioning as new inventory becomes scarcer and demand from international and domestic residents continues to intensify.

Which unit stacks or floor levels offer optimal value at Marina One Residences?

Mid-rise floors—typically the 8th through 15th levels—often represent optimal value propositions at Marina One Residences, as they capture material views and psychological benefits of elevation whilst avoiding the significant price premiums commanded by penthouses and higher-floor units in ultra-premium developments. Lower-floor units (2nd–4th levels) may offer modest price advantages suitable for investors targeting rental optimisation or budget-conscious owner-occupiers, though these can feel less removed from street-level activity and may have marginal exposure constraints compared to mid-rise counterparts. Higher-floor units unsurprisingly command premium pricing reflecting superior views, enhanced privacy, and the psychological appeal of elevation, though purchasers must evaluate whether these benefits justify price increments that can exceed 20–30% relative to mid-rise comparables of identical floor area. The development's positioning at Marina One, with potential waterfront or skyline views, means that orientation becomes a critical value determinant—units with unobstructed Marina Bay or CBD views typically transact at meaningful premiums compared to those with partial or secondary exposures, justifying thorough view verification before purchase commitment. Prospective purchasers should request floor plans and site plans from the development to understand unit distribution across stacks, as corner or end-of-stack positioning can provide superior views and light access compared to central stack units of identical floor area, representing a source of value differentiation worth investigating prior to purchase decision-making.

What is the future development pipeline for Marina Bay, and how will this affect Marina One Residences' investment profile?

Marina Bay's future residential development pipeline remains tightly constrained by limited available land parcels and competing commercial/mixed-use development objectives set by urban planners, suggesting that new residential supply will remain scarce and measured over coming decades. This supply limitation directly supports Marina One Residences' investment profile, as constrained new inventory means that established developments command enduring appeal and resist value erosion through oversupply dynamics that have periodically afflicted other Singapore precincts. Ongoing transformation of Marina Bay toward an increasingly integrated mixed-use, cultural, and lifestyle destination—evidenced by waterfront enhancement projects, retail expansion, and dining/entertainment intensification—enhances amenity value for Marina One Residences residents and supports sustained resident demand across buyer segments. The Marina Bay precinct's evolution as Singapore's financial hub and international business centre ensures continued demand from corporate professionals and high-earning individuals, a demographic that disproportionately values the convenience and prestige of central waterfront living. Prospective purchasers should recognise that Marina One Residences' value proposition will likely strengthen as supply becomes scarcer, the precinct's lifestyle amenities deepen, and international demand for premium Singapore residential property continues to expand, positioning the development as a strategic long-term capital allocation suitable for those with multi-decade investment horizons.