MAGICAL MARINA BAY

SGD$6,000,000

Property ID: ECT8HL | sothebysrealty.com List Sotheby’s International Realty

The view from a balcony at Marina One Residences.

THE PLANNED NEIGHBORHOOD IN SINGAPORE IS “THRIVING AND ENERGETIC”

With its stunning skyscrapers, upscale hotels, and luxury malls, Marina Bay is Singapore’s new, hip downtown—a 24/7 work-live-play community that caters to the affluent.

An extension of the financial district, Marina Bay is a planned neighborhood built on reclaimed land in the Central Area of Singapore, surrounded by the Downtown Core and the planning areas of Marina East, Marina South, and Straits View.

“The government’s vision for Marina Bay was a thriving and energetic place,” says Lewis Cha, executive director of List Sotheby’s International Realty. “Most of the residents are professionals who are working in the Central Business District, which includes DBS Bank, Standard Chartered Bank, Allianz Asia Pacific, Facebook, LinkedIn, and the Mitsubishi UFJ Financial Group.”

DAZZLING SKY-HIGH CONDO TOWERS Its housing stock, which was built between 2008 and 2017, is uber exclusive. Cha says the four major condo developments in Marina Bay have a total of 2,802 units, and there are two others right on its borders. The oldest, The Sail @ Marina Bay, dates to 2008. Prices start at SGD$1.1 million for a one-bedroom apartment of 50 to 60 square meters. The largest units, which are over 180 square meters, start at SGD$3.6 million.

Marina Bay Residences, which were built in 2010, typically sell for SGD$1.5 million for a 60- to 80-square-meter unit up to a minimum of SGD$3 million for an apartment that’s 120 to 180 square meters.

At Marina Bay Suites, which was completed in 2014 and has only larger

units, prices start at SGD$3.8 million for a 120- to 180-square-meter unit. Units larger than 180 square meters start at SGD$5 million.

Marina One Residences, which debuted in 2017, off ers one-, two-, three-, and three/four-bedroom units priced at SGD$1.5 million to SGD$5.5 million and over. Sizes range from 50 square meters to over 180 square meters.

Bordering Marina Bay, One Shenton, fi nished in 2011, and V On Shenton, completed in 2017, feature 841 units priced from SGD$1 million to SGD$3.3 million and up.

Cha notes that while The Sail @ Marina Bay is exclusively residential, Marina Bay Residences and Marina Bay Suites are part of the Marina Bay Financial Centre, which has a trio of offi ce towers and a retail component, Marina Bay Link Mall.

He adds that the Marina One Residences are in a complex of the same name that features two offi ce towers and a retail anchor called The Heart.

Units give residents access to full packages of amenities that include swimming pools, Jacuzzis, gym rooms, clubhouses, and sky terraces.

WHAT MAKES IT UNIQUE Marina Bay, Cha says, is “not only the center of an international investment hub, but it also features hotels, shops, nightlife, and housing as well as green, open spaces and tree-lined boulevards, all wrapped around the bay.”

If it looks familiar, it might be because a number of fi lms, including 2018’s Crazy Rich Asians, were shot there.

One of the community’s signature features is the Singapore Flyer. At 150 meters in diameter and 165 meters in height, the ferris wheel, some 30 meters taller than the London Eye, is one of the world’s largest observation wheels.

Another prime attraction is Gardens by the Bay, a 250-acre park that includes the Flower Dome, billed as the world’s largest greenhouse, and the Supertrees Grove, 18 vertical-garden structures that rise 25 meters to 50 meters and feature collections of exotic ferns, vines, orchids, and bromeliads.

Marina Bay hosts a number of premier events, including the Formula One Singapore Grand Prix motor race, which, since 2008, has been held on a street circuit adjacent to the community.

The Float@Marina Bay, a fl oating platform built in 2007, is the site of several signature events, including the National Day Parade, held annually on Aug. 9, the New Year’s Eve Countdown, and various fi reworks displays.

The neighborhood also includes Esplanade–Theatres on the Bay, a concert hall that seats about 1,600 and a performing-arts theater that holds 2,000.

For luxury shopping, residents have various options, including the Marina Bay Sands hotel, whose boutiques include Alexander McQueen and Louis Vuitton.

The hotel features a number of restaurants, including the steakhouse CUT by Wolfgang Puck; Waku Ghin, which serves modern Japanese cuisine; Bread Street Kitchen by Gordon Ramsay, which serves traditional British fare and has an al fresco bar; and TWG Tea Salon & Boutique, which serves some 800 single-harvest teas and exclusive blends.

CE LA VI, which serves contemporary Asian cuisine, and LAVO Italian Restaurant & Bar, are on the top of the hotel and off er stunning views of the skyline.

The Marina Bay Golf Course, the island’s only 18-hole public course, also is part of the community, and the ArtScience Museum and the Red Dot Design Museum are other neighborhood attractions.

Cha points out that there will be more amenities as Marina Bay expands. The government announced in 2019, without a timeline, that some 9,000 new residences will be added next to Gardens by the Bay.

The Thomson-East Coast Mass Rapid Transit Line, which will join the other seven that serve Marina Bay, will be completed in 2025 and “enhance the connectivity of the people living in the area to the rest of the island,” he says.

A living and dining room at Marina One, shown at top. A bedroom at V On Shenton, shown below.

SGD$3,189,360

Property ID: KPJY9W | sothebysrealty.com List Sotheby’s International Realty