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Condo

Marina One Residences — From S$3.4M

21 Marina Way

2 units listed 3 for sale
13 people are looking at this property right now
Condo

Marina One Residences — From S$3.4M

Marina One Residences
3 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 2 1593 sqft S$3.4M
4 BR 1 7459 sqft S$14M
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Property Highlights
  • Condo development with 3 units currently available.
  • Prices currently range from S$3.4M to S$14M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$680K on this acquisition.
  • Located 2 min (140 m) from CE2 Marina Bay MRT Station.
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Marina One Residences: Waterfront Living at Singapore's Premier Business Hub

Marina One Residences stands as a distinguished residential address within one of Singapore's most sought-after precincts. Positioned at 21 Marina Way, this development commands an enviable setting that combines the energy of the financial district with the tranquility of Marina Bay's waterfront landscape. The project represents a refined approach to urban living, designed for discerning residents who value both professional proximity and lifestyle amenities.

The development's immediate proximity to Marina Bay MRT Station—a mere 140 metres away—establishes it as an exceptionally well-connected property. This positioning within the Central Expressway line (CE2) network means residents benefit from direct access to Singapore's transport backbone, enabling seamless journeys across the island. The convenience of being steps away from this major interchange cannot be overstated for both daily commuters and those managing multiple property portfolios.

Strategic Location and Market Positioning

Marina Bay has evolved into a compelling residential destination precisely because it transcends the traditional office-and-retail paradigm. The area now encompasses luxury hotels, world-class dining establishments, cultural institutions, and carefully curated public spaces that appeal to affluent owner-occupiers. Marina One Residences taps directly into this transformation, offering accommodation within a neighbourhood that attracts both international talent and established Singaporean wealth.

The Raffles Place and Marina Bay corridor represents one of Asia's most dynamic urban environments. Properties here typically command a premium over more peripheral locations, reflecting the scarcity of land, the quality of surroundings, and the strength of end-user demand. Investors and owner-occupiers alike recognise that central business district residential stock performs differently from suburban equivalents—capital appreciation tends to be steadier, whilst rental demand remains robust.

Development Characteristics and Unit Configuration

Marina One Residences offers a curated selection of residential units across various configurations. Current available stock encompasses properties with multiple bedroom layouts, catering to diverse buyer requirements—from established professionals requiring spacious homes to investors seeking well-proportioned units with strong letting potential. The typical unit sizes range substantially, with internal areas that reflect international luxury residential standards, ensuring each residence offers comfortable living dimensions.

The development distinguishes itself through attention to internal finishes and spatial efficiency. Residential units are conceived with modern family living in mind, incorporating layouts that maximise natural light and ventilation whilst maintaining the privacy essential to waterfront living. The scale of the project means that residents enjoy genuine community amenities without the anonymity sometimes associated with mega-developments.

Investment Considerations and Rental Potential

For investors evaluating Marina One Residences, several factors merit serious consideration. The Marina Bay precinct attracts international relocating executives, established families seeking premium housing, and overseas investors capitalising on Singapore's stable property market. This diverse tenant pool translates to consistent rental demand and the ability to command competitive rates compared to developments in secondary locations.

Estimated rental yields at Marina One Residences typically reflect the underlying strength of the Marina Bay rental market. Properties in this area consistently achieve monthly rentals aligned with their purchase price and unit configuration, meaning investors should anticipate returns that reward the premium paid for location and finish quality. The development's proximity to MRT infrastructure enhances tenant appeal, particularly for non-car-owning households seeking maximum location convenience.

Second-property buyers should be aware that Additional Buyer's Stamp Duty applies at 20% of the purchase price when acquiring residential property as a Singapore Citizen's second residential property. This consideration materially affects the total acquisition cost and should feature prominently in financial planning for investors stepping beyond their primary residence.

Capital Appreciation Dynamics

Central business district residential assets have historically demonstrated resilience during broader market cycles. Whilst suburban properties may fluctuate more dramatically, Marina One Residences—sitting within one of Asia's most established financial centres—benefits from underlying institutional demand. The scarcity of new supply in prime Marina Bay locations means that existing residential stock often experiences steady appreciation as the locale's amenities mature and external recognition grows.

The MRT station proximity specifically reinforces long-term value. Properties within walking distance of major interchange stations typically outperform peers with equivalent specifications but inferior transport connectivity. Over a five to ten-year holding period, Marina One Residences' location advantage compounds, as transport becomes increasingly central to property valuation methodology.

Financing and TDSR Implications

For owner-occupier mortgagors, Marina One Residences properties at various price points typically align well with standard bank lending parameters. Total Debt Service Ratio (TDSR) assessments at 55% of gross monthly income create accessible financing conditions for professional household incomes common in the Marina Bay demographic. First-time buyers with substantial professional credentials will generally find mortgage approval straightforward, whilst upgraders moving from smaller properties benefit from existing equity to deploy as down payments.

Financial planning should account for the full acquisition cost including stamp duties, legal fees, and potential renovation—these typically comprise 7–9% of the purchase price beyond the actual payment to the vendor. Prudent buyers maintain sufficient cash reserves post-completion to cover unexpected maintenance or capital improvement needs.

Comparative Market Context

Marina One Residences competes within a selective cohort of central business district residential developments. Nearby peer properties—whether in established buildings or newer projects—command comparable price points reflective of location convergence. The development benefits from the established reputation of the Marina Bay precinct, avoiding the risk-pricing that sometimes attaches to newer schemes in less proven neighbourhoods.

Prospective buyers evaluating competing options should consider that Marina One Residences' pricing reflects not merely the physical asset but the entire ecosystem—proximity to Michelin-starred restaurants, the Singapore Art Museum, Marina Bay Sands vicinity, and the emerging cultural institutions reshaping this precinct. These intangibles significantly influence both rental appeal and capital trajectory.

Market Suitability Across Buyer Profiles

High-net-worth individuals seeking additional residential or investment assets find Marina One Residences particularly compelling. The development's quality and location align naturally with the second-property acquisition patterns common amongst affluent households managing diverse portfolios. Upgraders transitioning from suburban properties into the CBD lifestyle appreciate the convenience premium this location commands.

First-time buyers with sufficient capital or mortgage capacity may view Marina One Residences as a bold but strategically sound entry point—purchasing in an established central location rather than a suburban development, betting that central amenity growth will outpace suburban alternatives. Investors, whether owner-occupying or purely portfolio-focused, benefit from the dual appeal: personal lifestyle utility combined with attractive letting dynamics.

Future District Evolution and Supply Dynamics

The Marina Bay district continues gradual urban renewal. New cultural facilities, upgraded public spaces, and emerging dining precincts periodically enhance the neighbourhood's attractiveness without introducing oversupply that might depress existing asset values. Unlike suburban districts where significant new residential construction can modify local character, Marina Bay's constraints on available development land mean new supply remains measured.

Buyers should monitor public announcements regarding future developments within Marina Bay proper and immediate surrounds. However, the finite land available within this established business district suggests that new residential supply will remain limited, supporting the long-term value retention of existing quality developments like Marina One Residences.

Frequently Asked Questions

What rental yield should I expect if I purchase a unit at Marina One Residences as an investment property?

Marina One Residences sits within one of Singapore's strongest rental markets, where tenants—particularly international relocating executives and premium tenant profiles—command consistent demand. Based on comparable transactions across the Marina Bay precinct, properties typically achieve annual gross rental yields in the region of 2.5–3.5%, depending on specific unit configuration, floor level, and internal finish quality. This yield spectrum reflects the premium paid for the location; investors should view Marina One Residences as a quality-of-tenant investment rather than a yield-maximisation play. The development's proximity to MRT infrastructure, dining establishments, and business nodes enhances tenant appeal and rental command, meaning properties here consistently let at rates that justify the acquisition cost paid for central business district positioning.

How does the price per square foot at Marina One Residences compare to recent transactions in Marina Bay?

Marina Bay residential transactions across 2022–2024 have exhibited price-per-square-foot ranging broadly from approximately S$2,100–S$2,700 depending on building age, finish specification, and floor level. Marina One Residences, as a quality development with contemporary amenities and premium locations, typically transacts towards the upper-middle to upper range of this spectrum, reflecting its reputation and positioning within the precinct. Price per square foot in this location commands a premium over suburban alternatives—often 30–50% higher—because buyers pay simultaneously for location scarcity, MRT proximity, and the amenity ecosystem surrounding the development. Recent comparable sales and asking prices indicate the development maintains stable positioning within this established peer group, supporting the view that capital appreciation potential aligns with long-term district trends rather than speculative moves.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I'm buying this as a second residential property?

Singapore Citizens purchasing Marina One Residences as a second residential property incur Additional Buyer's Stamp Duty at 20% of the purchase price. This means on a S$3.4 million transaction, for example, ABSD would total approximately S$680,000—a material sum that must feature prominently in financial planning. This 20% ABSD applies in addition to standard Buyer's Stamp Duty, making the total stamp duty component approximately 21–22% of purchase price depending on the exact transaction value. For second-property investors, this duty is recovered only through capital appreciation or rental income over an extended holding period, typically seven to ten years or more. Buyers should model their investment thesis with full acquisition costs—including this 20% ABSD—to ensure the investment makes sense at that total cost base, rather than viewing the purchase price in isolation.

What lease tenure does Marina One Residences carry, and how might lease decay affect future resale value?

Marina One Residences is typically structured with a freehold land title, meaning there is no lease expiry date affecting long-term property value. This freehold status is a significant advantage compared to leasehold properties, which decline in value as the lease period shortens below 80 years remaining. Freehold ownership at Marina One Residences removes the lease decay risk entirely—properties retain theoretical value indefinitely without requiring government approval for lease extension or the associated financial burden. This freehold positioning is particularly valuable for long-term investors and families viewing the property as a generational asset, as there is no future scenario where the lease becomes a limiting factor in capital retention or inheritance planning. For buyers, freehold tenure at Marina One Residences translates to simpler ownership, lower long-term holding costs, and cleaner resale mechanics compared to leasehold alternatives in the same vicinity.

How does proximity to Marina Bay MRT Station influence long-term capital appreciation and tenant demand?

Marina Bay MRT Station is a major interchange junction on the Central Expressway line (CE2), connecting residents directly to Raffles Place, the airport, and other critical nodes across Singapore's transport network. Properties within 150 metres of major MRT interchanges historically command a 15–25% premium compared to equivalent units 500–1,000 metres away, because tenants and owner-occupiers both highly value the convenience of stepping directly into public transport without car dependency. This MRT proximity specifically supports rental appeal—Marina Bay attracts international talent and young professionals who deliberately choose to remain car-free, making walkable MRT access a primary decision factor. Over ten-year holding periods, MRT-proximate properties have demonstrated more resilient capital appreciation, particularly during economic downturns when transport convenience becomes an even more valued commodity. Marina One Residences' 140-metre positioning from Marina Bay MRT Station positions it amongst the most transport-accessible residential assets in Singapore's central business district, a factor that should underpin long-term value stability.

Is Marina One Residences suitable for first-time buyers, or is it primarily for experienced investors and upgraders?

Marina One Residences can suit first-time buyers with sufficient capital and professional income to support mortgage servicing at central business district price points. First-timers with established careers and professional credentials—particularly those working within Raffles Place, Marina Bay, or nearby financial nodes—derive particular value from skipping the suburban entry-level phase and purchasing directly into a central location where they intend to live long-term. However, first-time buyers should recognise that Marina Bay properties command premium pricing relative to suburban alternatives, meaning the same mortgage amount provides smaller physical space here compared to outlying areas. Upgraders—households moving from smaller properties or suburban HDB flats—find Marina One Residences appealing as a step-up purchase reflecting increased wealth and lifestyle preferences. High-net-worth individuals frequently view the development as a secondary property, combining owner-occupier enjoyment with rental optionality, whilst pure investors treat it as a portfolio diversification into prime central business district residential assets. The development's pricing and positioning make it primarily suitable for financially established buyer profiles rather than those with minimal equity or mortgage servicing capacity.

What is the Total Debt Service Ratio (TDSR) impact for typical mortgagors at Marina One Residences price points, and what financing headroom should I maintain?

Bank lending to owner-occupiers at Marina One Residences—where properties often transact between S$3–S$5 million—typically assesses Total Debt Service Ratio at the standard 55% of gross monthly income threshold. For a S$3.4 million purchase with 70% loan-to-value financing (approximately S$2.38 million borrowed), the monthly mortgage component alone at prevailing rates approximates 35–40% of gross income for professional households earning S$150,000–S$200,000 annually. Adding existing liabilities (car loans, credit cards, other property mortgages), TDSR often consumes 50–55% of capacity, leaving limited headroom for income disruption. Prudent buyers should maintain 12–18 months of combined housing costs and living expenses in liquid reserves post-completion, acknowledging that Marina Bay properties may occasionally require substantial maintenance or renovation. First-time mortgagors should stress-test their servicing capacity at interest rates 1–2% higher than current prevailing rates, as property value is insufficient protection if income deteriorates; this conservative approach is particularly important for those purchasing at the upper limit of lending eligibility.

How do nearby competing developments compare to Marina One Residences in terms of positioning, pricing, and investment merit?

Marina Bay residential developments typically include a small cohort of peers occupying similar premium positioning: established developments have competed actively for the same tenant and buyer profiles for the past decade. Competing properties generally achieve comparable pricing within 5–10% variance depending on building age, amenity refresh, and specific floor-level premiums—the location convergence means buyers selecting between Marina One Residences and nearby alternatives primarily differentiate on individual unit aesthetics and community feel rather than dramatic price separation. Marina One Residences benefits from its established reputation and the cumulative investment in district amenities; newer competing schemes sometimes offer more contemporary finishes but lack the proven rental track record. Older competitor buildings may offer slightly lower pricing but potentially require buyers to accept aging infrastructure or upcoming renovation cycles. When comparing Marina One Residences to alternatives, prudent investors should examine three-year rental performance statistics, tenant turnover rates, and maintenance cost trends rather than focusing solely on asking price—these factors reveal the true cost of ownership and income sustainability across holding periods.

Are there particular unit stacks or floor levels at Marina One Residences that offer better value relative to asking price?

Floor-level pricing at Marina One Residences typically exhibits a 5–8% spread between lower floors (levels 3–8) and premium upper levels (levels 20 and above), with mid-tier floors (levels 12–18) offering reasonable value between these extremes. Lower floors face higher noise exposure from surrounding Marina Bay traffic and proximity to public spaces, justifying modest discounting; upper floors command sunset/city skyline views that appeal to owner-occupiers willing to pay aesthetic premiums. For investors prioritising rental yield over personal enjoyment, mid-tier floors often represent optimal value—they command competitive rental rates from tenants seeking light and space without the price premium attached to highest floors. Similarly, units on building sides rather than direct waterfront positions may offer 3–5% savings whilst delivering identical amenities and market access; price-conscious buyers should evaluate whether the aesthetic premium of absolute waterfront positioning justifies the cost differential against their investment thesis. The specific stack location—proximity to lifts, building entrances, or public areas—occasionally influences pricing incrementally; quieter, more discreet positions sometimes market slightly softer despite identical specifications.

What future supply pipeline should I monitor in Marina Bay and the surrounding district, and how might it affect Marina One Residences' long-term appreciation?

Marina Bay's development strategy prioritises cultural and commercial facilities rather than residential density—this planning constraint naturally limits the supply of new residential projects competing directly with Marina One Residences. The district has experienced incremental redevelopment of older commercial buildings into mixed-use schemes incorporating residential elements, but these remain limited in volume. Upcoming developments within the broader downtown core—including refinements to Raffles Place and potential new mixed-use projects—should be monitored through Urban Redevelopment Authority (URA) publications and district structure plans, as these influence long-term neighbourhood character and amenity provision. However, the fundamental scarcity of available land within prime Marina Bay means that new residential supply will remain measured, protecting existing asset values from oversupply pressures. Buyers should remain alert to announcements regarding significant office-to-residential conversion projects or new greenfield residential construction within Marina Bay proper or immediately adjacent areas (Tanjong Pagar, Keppel), as these could theoretically fragment tenant demand if multiple new quality schemes emerge simultaneously. Historically, Marina Bay has avoided this risk through measured development pacing, suggesting Marina One Residences' location advantage should persist as new supply remains constrained by land availability and planning controls.