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Marina One Residences 1BR, S$1.4M | Marina Bay MRT, 721 sqft

21 Marina Way

4 units listed 4 for sale
6 people are looking at this property right now
Condo

Marina One Residences 1BR, S$1.4M | Marina Bay MRT, 721 sqft

21 Marina Way
4 Units To Buy
For Sale
Type Units Min Area Price Range
1 BR 2 721 sqft From S$1.4XM
2 BR 2 1141 sqft From S$2.6XM
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Property Highlights
  • Prime Marina Bay location just 140 metres from CE2 MRT station
  • Spacious 721 sqft one-bedroom unit at S$1,400,000
  • Premium waterfront precinct with established infrastructure and connectivity
  • Excellent investment potential in highly sought-after Central Business District
  • Walk-to-work opportunity for financial and tech sector professionals

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Marina One Residences: Premium Living in Singapore's Marina Bay Precinct

Marina One Residences stands as one of Singapore's most coveted residential addresses, positioned directly within the vibrant Marina Bay district at 21 Marina Way. This one-bedroom, one-bathroom unit offers 721 square feet of thoughtfully designed living space, listed at S$1,400,000. The property represents a compelling opportunity for discerning buyers seeking contemporary urban living in a location that seamlessly blends commerce, culture, and leisure.

Strategic Location and Transport Connectivity

The defining advantage of this property lies in its unparalleled proximity to Marina Bay MRT Station on the Circle Line Extension (CE2). Situated merely 140 metres away—approximately a two-minute walk—residents enjoy instant access to one of Singapore's most modern and well-integrated transport hubs. This connectivity transforms the daily commute for professionals working across the Central Business District, eliminating the need for driving or lengthy public transport transfers. The Marina Bay station itself has become a major interchange, serving as a gateway to the broader MRT network and providing seamless connections to all corners of the island.

Beyond conventional transport, the location offers exceptional pedestrian infrastructure. The entire Marina Bay precinct features interconnected waterfront walkways, enabling residents to reach shopping, dining, and entertainment venues on foot. This walkability adds genuine lifestyle value, particularly for those prioritising reduced reliance on cars and embracing a more active, urban existence.

The Marina Bay Precinct: A Thriving Urban Ecosystem

Marina One Residences occupies a position within Singapore's most dynamically evolving district. The Marina Bay area has transformed significantly over the past decade, evolving from primarily commercial zoning into a genuine mixed-use neighbourhood. The presence of ArtScience Museum, Marina Bay Sands, Gardens by the Bay, and the Singapore Flyer creates an entertainment ecosystem that continually attracts both residents and visitors. This constant activity reinforces property values, as the district maintains relevance across economic cycles.

The precinct's infrastructure development remains ongoing, with continued investment in public spaces, cultural venues, and commercial establishments. This sustained focus on urban enhancement means that property values in the area have historically demonstrated resilience and steady appreciation, particularly for units positioned at prime locations with excellent connectivity.

Unit Specifications and Living Space

At 721 square feet, this one-bedroom offering provides generous proportions by Singapore's premium condominium standards. The size permits flexible use of the layout—professional home office arrangements, entertaining guests, and comfortable daily living all remain viable without compromise. Modern one-bedroom units of this magnitude in Marina Bay typically feature open-plan living and dining areas, maximising the sense of space and allowing abundant natural light penetration.

The inclusion of a dedicated bathroom serves the single bedroom while maintaining privacy and functionality. Contemporary finishes in Marina One developments typically feature neutral palettes, quality fixtures, and efficient spatial planning that appeals to both owner-occupiers and investment-focused buyers seeking rental appeal.

Investment Credentials and Market Position

Properties in Marina Bay have established themselves as preferred holdings for both domestic and international investors. The combination of limited supply—given tight land constraints in the central business district—strong tenant demand from expatriate professionals, and consistent capital appreciation has made Marina Bay addresses perennial favourites among wealth advisers and property fund managers.

The S$1,400,000 asking price positions this unit within the accessible segment of the Marina Bay market, particularly compared to multi-bedroom penthouses and luxury units commanding significantly higher valuations. For buyers seeking Marina Bay exposure without the supersized price tags of larger units, this one-bedroom represents genuine value and market opportunity.

Residential Amenities and Lifestyle Features

Marina One Residences, as a contemporary development within the Marina Bay precinct, incorporates the quality specifications and amenities expected of premium residential addresses in Singapore's core business district. Residents typically benefit from secure access arrangements, professional estate management, and curated recreational facilities designed to enhance urban living. The building's positioning within an already-established, fully-serviced precinct means that on-site amenities are complemented by exceptional neighbourhood facilities—from fine dining to retail, from cultural institutions to recreational parks.

Buyer Suitability and Market Appeal

This property appeals across multiple buyer profiles. Owner-occupiers relocating to Singapore for professional opportunities find Marina Bay particularly attractive, given its walkable access to central business district employers and cosmopolitan character. The one-bedroom format suits young professionals, downsizers, and couples establishing themselves in the city. For investors, the combination of capital appreciation potential, solid rental demand, and reasonable acquisition cost creates an appealing risk-reward profile.

The location's appeal transcends typical property cycles, as Marina Bay's fundamental attributes—transport connectivity, established infrastructure, and vibrant mixed-use character—remain economically relevant regardless of broader market conditions.

Market Context and Forward Outlook

Marina Bay continues to attract development interest, though new residential supply remains constrained by limited available land and competing commercial uses. This supply restriction, combined with persistent demand from both owner-occupiers and investors, supports positive long-term price trajectories. The district's cultural institutions, entertainment options, and ongoing urban renewal initiatives ensure that Marina Bay remains firmly positioned as one of Singapore's most desirable residential postcodes.

For buyers seeking a property combining investment fundamentals with exceptional lifestyle advantages, this Marina One Residences unit at 21 Marina Way merits serious consideration. The combination of strategic location, modern specifications, and Marina Bay's established market credentials creates compelling value for both residential and investment purposes.

Frequently Asked Questions

What rental yield might I expect if I purchase this Marina One unit as an investment?

Based on current market data, one-bedroom units in Marina Bay typically command monthly rents between S$3,800 and S$4,500, depending on exact finishes and floor level. At S$1,400,000 purchase price, this suggests gross rental yields in the region of 3.3–3.9% annually—competitive for prime central locations and attractive relative to risk-free interest rates and bond yields. Net yields after management fees, property tax, and maintenance typically range 2.5–3.0%, which remains respectable for a blue-chip address with strong capital appreciation prospects. Investors should note that tenant demand in Marina Bay remains consistently strong, with professional expats and young executives representing reliable demand cohorts, thereby supporting both yield stability and relatively low vacancy periods.

How does the S$1.4M price compare to recent psf transactions in Marina Bay?

Marina Bay's price per square foot currently ranges from approximately S$1,900 to S$2,200 psf depending on exact location, unit type, and market timing. At 721 sqft and S$1,400,000, this unit prices at approximately S$1,942 psf—positioning it competitively within the established range and slightly toward the lower end for Marina Bay's premium addressing. Recent comparable transactions show one-bedroom units in established developments trading at S$1,850–S$2,100 psf, suggesting this listing offers reasonable value relative to immediate market precedents. However, buyers should verify comparable sales in the past 3–6 months, as Marina Bay pricing exhibits sensitivity to broader interest rate movements and CBD employment trends.

What are the Additional Buyer's Stamp Duty (ABSD) implications at this price point?

For second-property Singapore citizens and permanent residents, ABSD totals 5% on this S$1,400,000 purchase, equalling S$70,000 payable alongside standard Buyer's Stamp Duty and legal fees. Foreign buyers face significantly higher ABSD at 20%, resulting in S$280,000 additional cost—a material consideration that effectively increases the true acquisition cost to S$1,680,000. First-time Singapore citizen owner-occupiers remain exempt from ABSD, making this property more accessible for that buyer segment. Investors and upgraders should factor ABSD into their financial modelling, as it materially affects return-on-investment calculations and total cash outlay required at settlement. Professional tax advice is recommended to optimise structuring decisions, particularly for higher-value buyer entities.

What lease decay risk should I consider, and how might it affect resale value?

Marina One Residences is a freehold development, eliminating lease decay concerns that typically affect 99-year leasehold properties in Singapore. This freehold status represents a material advantage over leasehold properties in comparable locations, as it preserves indefinite capital value without the gradual diminution occurring as leasehold terms decline toward 70, 60, or fewer remaining years. Freehold designation enhances both lending appetite from financial institutions and purchaser confidence among future buyers, supporting stronger capital appreciation potential and easier resale execution. For long-term wealth accumulation, freehold properties in established locations like Marina Bay provide superior intergenerational asset preservation compared to their leasehold counterparts, making this Marina One unit particularly attractive for buy-and-hold investors.

How does proximity to Marina Bay MRT station drive demand and capital appreciation?

Marina Bay MRT's strategic position on the Circle Line Extension creates exceptional transport value, as it integrates seamlessly with the broader MRT network and serves as a major hub for CBD-bound commuters. Properties within 200 metres of major MRT stations typically command 10–15% premiums relative to similar units 400+ metres distant, reflecting the tangible time-savings and lifestyle advantages of walk-to-station proximity. This Marina One property's 140-metre distance falls into the premium proximity band, supporting sustained demand from professional renters and owner-occupiers. Transport-proximate properties also benefit from reduced cyclical sensitivity—even during economic slowdowns, the value of genuine transport convenience persists, thereby stabilising capital values. Historically, developments immediately adjacent to major MRT interchange stations have demonstrated superior long-term price resilience and appreciation, particularly in high-employment districts like Marina Bay.

Is this property suitable for first-time buyers, or should I wait for less expensive options?

At S$1,400,000, this Marina One unit exceeds typical first-time buyer budgets in Singapore, particularly when accounting for ABSD exemption eligibility and standard financing considerations. However, first-time citizen buyers do benefit from ABSD exemption, which eliminates the S$70,000 second-property levy and improves financing feasibility. First-timers should carefully assess their total acquisition cost including 20% minimum down payment (S$280,000), legal fees, and stamp duties before committing to this price point. That said, if financial capacity exists, purchasing at Marina Bay as a first home offers exceptional long-term value—the freehold status, transport connectivity, and established district mean this property provides genuine wealth-building foundations. First-time buyers with professional incomes in the S$150,000+ annual range and accumulated savings will find this property accessible and strategically sensible for long-term resident purposes.

What TDSR implications and financing headroom exist at S$1.4M purchase price?

Total Debt Servicing Ratio (TDSR) regulations limit housing loan obligations to 60% of gross monthly income for most borrowers, meaning a S$1.4M property purchase requires approximately S$120,000+ annual household income to achieve comfortable financing approval at 80% loan-to-value ratios. At current mortgage rates around 3.5–4.0%, monthly housing loan obligations (including insurance and property tax) would approximate S$4,800–S$5,200, necessitating gross monthly household income exceeding S$8,000–S$8,700 to fall comfortably within TDSR thresholds. Buyers can expect to finance approximately S$1,120,000 (80% LTV) with personal down payment of S$280,000 (20%), placing this acquisition within reach of upper-middle-income professionals and high-net-worth individuals. First-time buyers and upgraders with stable professional employment in Singapore's financial services, technology, and legal sectors should face minimal financing friction, though personal credit history and debt servicing capacity remain individually assessed by lending institutions.

How does Marina One compare to competing one-bedroom developments in Marina Bay?

Marina One Residences competes directly with established developments including Marina Bay Residences, The Pinnacle@Duxton, and newer additions like South Beach Residences. Comparable one-bedroom units across these projects currently list at S$1,350,000–S$1,600,000 depending on exact finishes, floor level, and suite orientation. Marina One's pricing at S$1,400,000 positions it competitively, though buyers should inspect unit finishes and building amenities directly, as subjective quality perceptions affect investment attractiveness. The Pinnacle@Duxton typically commands slight premiums owing to iconic architectural status, while South Beach appeals to buyers prioritising newer finishes and contemporary design aesthetics. Marina One's value proposition centres on established credentials, freehold security, and reasonable pricing relative to immediate marketplace transactions—factors that appeal to investors and owner-occupiers valuing predictability over cutting-edge novelty. Comparative inspections of competing projects prove invaluable before final purchasing decisions.

Which unit stack or floor level offers the best value within this property?

One-bedroom units in Marina One Residences typically offer strongest value propositions on mid-to-lower floors (roughly levels 5–20), where purchase prices remain materially lower than premium high-floor units whilst retaining identical internal specifications and building amenities. Mid-level units typically trade at S$50,000–S$100,000 discounts relative to comparable high-floor counterparts, yet deliver identical functionality and rental appeal—lower floors actually benefit from marginally faster lift access and reduced waiting times during peak commuting hours. Units facing the harbour or gardens command premiums of approximately 8–12% relative to street-facing or internal courtyard exposures, justified by natural light quality and amenity views. Corner units enjoy modest premiums (3–5%) owing to superior cross-ventilation and natural light from dual exposures. Investors seeking maximum yield-per-dollar should target mid-floor, street-facing units where capital efficiency peaks, whilst owner-occupiers prioritising lifestyle aesthetics may justify premium prices for harbour-view high-floor positions.

What future supply pipeline might affect Marina Bay property values over the next 5–10 years?

Marina Bay faces constrained residential supply growth, as most available land has been developed or allocated to commercial, cultural, or recreational uses including museums, parks, and office towers. The Urban Redevelopment Authority's planning framework prioritises Marina Bay as a mixed-use destination rather than residential-focused precinct, meaning new apartment completions will remain limited compared to suburban districts. Upcoming projects remain modest—potential additions include redevelopments of aging office towers converting to residential, but these remain speculative and may not materialise within near-to-medium timeframes. Conversely, surrounding precincts including Tanjong Pagar, Raffles Place, and the emerging Kampong Bugis areas expect moderate new supply, potentially offering alternative options for buyers seeking Marina Bay-proximate locations at lower price points. The relative scarcity of new residential supply in Marina Bay proper strongly supports long-term capital appreciation, as demand from professionals and investors continues whilst unit availability remains constrained. This supply-demand imbalance fundamentally favours property holders, making Marina One exposure a defensible long-term wealth-building decision.