Condos Near Marina Bay MRT Station

Mrt Proximity 6 min read Last reviewed

Proximity to Marina Bay MRT is one of the highest-leverage locational variables in the Singapore property market. MRT-proximity premium reflects daily-commute time savings, integrated with the broader transit network mapped on the LTA MRT system map. Singapore’s North-South, East-West, Circle, Downtown, Thomson-East Coast, and forthcoming Cross Island Line collectively serve approximately 200+ stations.

For private condo buyers in particular, proximity to Marina Bay MRT translates to (a) immediate quality-of-life benefit during the holding period, (b) measurable rental-yield uplift via stronger tenant demand, and (c) resale-pricing premium when exiting. The premium magnitude varies: MRT-proximity premium typically runs 5–10% over equivalent units 1km+ away. This private condos shortlist surfaces the developments closest to Marina Bay MRT.

The cost framework applies uniformly: private condo buyers face BSD per the IRAS BSD, ABSD per the IRAS ABSD by buyer profile, and SORA-pegged mortgages at ~4.0% all-in via the MAS TDSR explainer framework. Use the stamp duty calculator to size your upfront cost.

TL;DR
Condos near Marina Bay MRT (North-South Line). 2 within 500m, 15 within 1km.
Key Takeaways
  • Station: Marina Bay (North-South Line) \u{2014} Interchange
  • Condos within 500m: 2
  • Condos within 1km: 15
  • Avg PSF nearby: $2,552 psf

Station Overview

Marina Bay is a station on the North-South Line, serving as an interchange station. There are 2 condos within walking distance (500m) and 15 within 1km.

Condos Within 500m (Walking Distance)

These condos are within a comfortable 5–7 minute walk of Marina Bay MRT.

Condos within 500m of Marina Bay MRT
CondoDistanceDistrictTenureUnitsAvg PSF
MARINA ONE RESIDENCES130mD199 yrs lease commencing from 20111,042$2,294 psf
MARINA BAY RESIDENCES360mD199 yrs lease commencing from 2005428$2,284 psf
Key Finding
There are 2 condos within a 5–7 minute walk of Marina Bay MRT and 15 within 1km. Average PSF nearby is $2,552 psf.
🏢View MARINA ONE RESIDENCES — nearest condo to Marina Bay MRT

Condos Within 500m\u{2013}1km

These condos are within a 10–15 minute walk or short bus ride from Marina Bay MRT.

Condos within 1km of Marina Bay MRT
CondoDistanceDistrictTenureAvg PSF
MARINA BAY SUITES520mD199 yrs lease commencing from 2007$1,930 psf
THE SAIL @ MARINA BAY530mD199-year leasehold$2,010 psf
W RESIDENCES MARINA VIEW - SINGAPORE550mD199 yrs lease commencing from 2021$2,981 psf
ONE SHENTON550mD199 yrs lease commencing from 2005$1,775 psf
V ON SHENTON610mD199 yrs lease commencing from 2011$2,062 psf
SKYWATERS RESIDENCES720mD199 years leasehold$5,878 psf
ROBINSON SUITES730mD1Freehold$2,325 psf
THE CLIFT880mD199 yrs lease commencing from 2004$1,977 psf
ONE MARINA GARDENS930mD199 yrs lease commencing from 2023$2,958 psf
EON SHENTON970mD299 yrs lease commencing from 2011$2,128 psf
INTERNATIONAL PLAZA970mD299 yrs lease commencing from 1970$1,218 psf
LUMIERE980mD299 yrs lease commencing from 2006$1,768 psf
WALLICH RESIDENCE980mD299 yrs lease commencing from 2011$3,349 psf

The private condos list ranked by distance to Marina Bay MRT is sorted by walking-distance, not as-the-crow-flies. Singapore’s urban form — built around limited road grids, MRT alignment, and walkway connectivity — means actual walking distance can be 1.3–1.8x the straight-line distance. Each unit’s rated distance reflects this real-walking-distance computation.

Within the shortlist, individual private condos differ on (a) tenure type (mix of freehold, 999-year, and 99-year leasehold), (b) unit-type mix (studio / 1BR / 2BR / 3BR / 4BR), (c) MCST or S&CC fees (for condos vs HDB), and (d) age + facilities standard. The proximity-premium is one variable; the comprehensive evaluation needs all of these. Use the comparison tool to place 2–3 candidates side-by-side on price, PSF, yield, and walkability score.

Cross-reference the list against URA (for private condo transacted caveats) or the HDB resale portal (for HDB resale transactions) to verify recent per-unit transacted prices. The proximity-premium varies by district and demand cohort; well-connected RCR / OCR with strong upgrader demand tends to see the highest premium, while super-prime CCR sees a smaller relative premium because PSF is already high.

The distance-vs-price curve for Marina Bay MRT typically follows a step-function: units 0–500m command the full premium (5–10% for MRT, 3–8% for schools), units 500m–1km command a partial premium (3–5%), and units 1km+ command little to no premium. For yield-focused buyers, the 500m–1km band can offer the best yield-to-price tradeoff — close enough for tenant-demand support but priced below the premium-floor 0–500m tier.

The 1km school-zone threshold is binary in regulatory terms (you either qualify for Phase 2C balloting advantage or you don’t), so for family-stage buyers the cliff is meaningful. For MRT-proximity there’s no equivalent binary threshold, but the walking-time-tolerance threshold typically sits around 8–10 minutes — buyers tolerate longer walks if the segment is otherwise compelling.

Within the shortlist, value-buyers should look for: (a) older private condos in the 500m–1km band with strong fundamentals (freehold tenure or good unit-mix) that are priced below the proximity-premium-floor adjacent stock; (b) private condos in projects where MCST or S&CC fees are lower than comparable proximity-tier stock; (c) units on lower floors in private condos with good orientation, where the floor-band discount partially offsets the proximity-premium. The price heatmap visualises district-level PSF concentration; cross-reference with the URA Property Price Index for cycle context.

FAQ

How many condos are near Marina Bay MRT?
There are 2 condos within 500m and 15 within 1km of Marina Bay MRT station.
What is the average PSF near Marina Bay MRT?
The average PSF for condos near Marina Bay MRT is approximately $2,552 psf.
How does cooling-measure environment affect this list?

The post-April-2023 cooling-measure regime (foreigner ABSD 60%, SC second-property ABSD 20%, TDSR 55%) shapes demand-side composition across all districts. Proximity premium remains structural, but the absolute price level reflects the broader demand-supply equilibrium. See IRAS ABSD and the MAS TDSR explainer.

Methodology & Sources

Numbers in this article reflect the latest available data and update as new data becomes available.

Transaction data sourced from URA.

  • Distances calculated using haversine formula.
  • Transaction data from URA.

Outlier-resistant medians anchor every PSF figure shown above. Volume counts are exact transaction tallies, not estimates.