In this Stacked Pro breakdown:
Comparison
We tracked how Marina Bay Suites has performed over time compared to nearby District 01 condos like The Sail, Marina Bay Residences, and Marina One Residences, breaking it down by unit types and transaction trends from 2019 to 2024.
Key Insight
While overall ROI seems weak, dragged down by a high launch price and tepid demand, the four-bedroom units at Marina Bay Suites tell a different story, showing strong size-to-price value, price resilience, and even outperforming peers in rental yield.
Why This Matters
Raw ROI numbers can obscure real value. Marina Bay Suites may be among the more underrated District 01 condos, especially for buyers prioritising layout efficiency and larger units. This case highlights why looking past broad averages is essential for smart investment decisions.
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Marina Bay Suites is a prime candidate in our study of ROI numbers, and why they don’t always tell the full story. At first glance, the numbers for Marina Bay Suites paint a disappointing picture: it has underperformed its neighbours and the broader market, and seen negative price growth since launch – it even has the lowest $PSF among comparable peers as of 2024.
However, Marina Bay Suites may be better than you might think in terms of location or quality. In fact, it’s a luxury-grade project with spacious units, efficient layouts, and a prestigious central location. So let’s look at a more nuanced interpretation of the ROI:
The challenge for many buyers today isn't access to information.
It's interpreting that information in a way that makes sense for their finances, goals, and stage of life.
Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
A quick summary of Marina Bay Suites
Marina Bay Suites is a luxury residential condo located at 3 Central Boulevard, which is part of the Marina Bay Financial Centre (MBFC). Completed in 2013, this is a fairly exclusive project with 221 units. Because it’s a part of MBFC, this means a mixed-use format with restaurants, a supermarket, convenience stores, etc. connected to it.
MBFC (and by extension Marina Bay Suites) is connected to three MRT stations: Downtown (DTL), Raffles Place (NSL, EWL), and Marina Bay (NSL, CCL, TEL).
Flatlining after a high-priced start
Marina Bay Suites started at a high price, when it launched at $2,189 psf. But from the data below, we can see its price gradually slide, to the point where it slips below the District 1 average in 2017 ($1,889 psf versus the district average of $2,012 psf).
By the time we get to 2024, Marina Bay Suites is at a significant discount versus the district average, at $1,917 psf to $2,102 psf.
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