Marina Bay Residences

This is a five-bedroom, five-bathroom apartment of 3,972 sqft at Marina Bay Residences, 18 Marina Boulevard, in District 1. The building is complete. The asking price is $13,500,000, which works out at $3,399 per square foot.

This page is maintained by the Finest SRI team. We will start with the number most people want addressed first.

This is the highest rate per square foot on our condominium list

Across the 32 condominium listings on our books that publish both a price and a floor area, the middle rate is about $2,780 per square foot. This unit is at $3,399 — roughly 22 per cent above that figure, and the highest of the 32.

We would rather say that plainly than have you work it out afterwards. What you are paying for is a completed five-bedroom apartment of nearly 4,000 square feet directly on Marina Boulevard, in the middle of the financial district, with the views and the address that come with it. Floor area of this size in District 1 is unusual; most of what exists there is one to three bedrooms.

Whether that premium is right for you depends entirely on how much you value being in this specific building, at this specific address, at this size. It is not a value proposition and we are not going to present it as one.

The unit at a glance

• Address: 18 Marina Boulevard, Singapore 018980 (District 1)
• Size: 3,972 sqft
• Layout: 5 bedrooms, 5 bathrooms
• Price: $13,500,000 — $3,399 per square foot
• Tenure: 99-year leasehold
• Status: completed, TOP obtained
• Furnishing: partially furnished
• Nearest MRT: Downtown, Downtown Line, about 5 minutes on foot

The location argument, stated plainly

Marina Boulevard is the centre of the financial district. Marina Bay Financial Centre, Asia Square, One Raffles Quay and Marina Bay Sands are all within a short walk, along with Marina Bay Link Mall underneath and the Marina Bay waterfront promenade and Gardens by the Bay beyond. Downtown station on the Downtown Line is about five minutes on foot, with Raffles Place and Marina Bay stations also within reach.

The honest caveat is what living here is actually like. Marina Bay is a working district first. It empties at weekends, everyday amenities like a full supermarket or a neighbourhood clinic are thinner than in a residential estate, and there is no primary school within the usual priority distance. People who love it love the walk to work and the view; people who leave usually leave for a neighbourhood.

Who this unit tends to suit

• Buyers who want a large family apartment in the financial district and have found there is very little of it.
• Senior executives working in the Marina Bay core who want to delete the commute entirely.
• Buyers who want to see the actual apartment before committing. The building is finished.

Who should probably look elsewhere

• If rate per square foot is your main test. This is the highest on our list. V on Shenton is a larger apartment nearby at $2,581 psf.
• If you want a residential neighbourhood. Marina Bay is not one.
• If freehold matters to you. This is a 99-year lease, and the remaining term is a question to ask us directly before you go further.

Frequently asked questions

Where is it?
18 Marina Boulevard, Singapore 018980, in District 1.

How big is the apartment?
3,972 sqft, with five bedrooms and five bathrooms.

What is the price and the rate?
$13,500,000, which is $3,399 per square foot.

How does that compare?
It is about 22 per cent above the middle rate across the condominium listings on our books, and the highest of the 32 we can compare directly.

Is the building completed?
Yes. You can view the actual apartment.

How far is the MRT?
Downtown station on the Downtown Line is about five minutes on foot.

How much lease is left?
Ask us and we will confirm the remaining term in writing before you make any decision.

Before you decide

Run the numbers before you view. Condo buying costs in Singapore covers stamp duty and loan limits, which at this price level are the largest single line after the price itself. How the maintenance fee is calculated explains what you pay monthly on a unit of this size. For the wider picture, condo prices by district and psf.

Speak to our team

Price, size and availability are as advised to us and can change without notice. Ask us to confirm the remaining lease, the maintenance fee and the current availability before you decide. Finest SRI is part of SRI Pte Ltd, agency licence L3010738A. Every enquiry is handled by a CEA-registered salesperson.