Your Guide to Downtown Core Singapore: Raffles Place, Marina Bay, Bugis

Expatriates and young urbanites seeking a cosmopolitan lifestyle can enjoy the convenience of living in this area, comprising parts of District 1, 2, 6, and 7, with easy access to work, shopping, dining, and entertainment — from the world-famous Marina Bay Sands to Gardens by the Bay. The area is also rich in cultural and historical significance, home to numerous national monuments like the Merlion and the Statue of Raffles.

Additionally, Downtown Core is well-connected through public transport, with multiple MRT lines enhancing its accessibility. This connectivity is set to improve further with the opening of Stage 6 of the Circle Line by 2025, according to the URA Master Plan 2019.

Property market trends in Downtown Core Singapore: Districts 1, 2, 6, 7

• District 1: Raffles Place, Cecil, Marina, People’s Park
• District 2: Anson, Tanjong Pagar
• District 6: City Hall, High Street
• District 7: Beach Road, Bencoolen Road, Bugis, Rochor

There were over 2,900 property transactions in Districts 1, 2, 6, and 7, in the past 5 years, about 1,800 of which were resale transactions. These were mainly concentrated in areas such as Anson Road, Shenton Way, Central Boulevard, Marina Way, and Beach Road.

The maximum selling price of a private property in Downtown Core Singapore is around $62 million, with a minimum sale price of $555,000, at an average sale price of around $2.42 million. The average price PSF is around $2,422 PSF for a 977 sq ft unit.

Image Source: SRX

Robinson Suites, located along 50 Robinson Road, is the only freehold condo in District 1 that saw units change hands from 2013 to 2023. About 15 units were sold at an average price of $2,469 PSF.

Top 15 condo projects in Downtown Core Singapore sold up to $3,500 PSF

Wallich Residence, situated within Tanjong Pagar Centre, boasts the distinction of being located in Singapore’s tallest building. This prestigious address not only elevates its status but also offers residents breathtaking views of the city skyline and Marina Bay. Similarly, South Beach Residences, nestled within a mixed-use development adjacent to the iconic Raffles Hotel, embodies architectural excellence and sophistication. The allure of residing in these iconic landmarks, coupled with their cutting-edge designs and luxurious amenities, has attracted discerning buyers seeking unparalleled lifestyle experiences and exclusivity.

Part of District 1 (Business District): Raffles Place, Cecil, Marina Bay, People’s Park

This part of District 1 is often referred to as the “Wall Street” of Singapore due to its high concentration of Grade A offices, highly sought after by financial institutions and professional service firms. It’s dotted with iconic landmarks such as the Raffles Place Park, UOB Plaza, and the historic Fullerton Hotel.

Situated adjacent to Raffles Place, Cecil offers a central location with proximity to key amenities and attractions, as well as waterfront views of Marina Bay.

Now, Marina Bay is renowned for its waterfront lifestyle, with luxury condos and apartments offering breathtaking views of Marina Bay and the city skyline. Despite its urban setting, though, there are ample green spaces in this area, including the lush gardens of Gardens by the Bay and Marina Barrage, where you’ll often find families spending some time together on weekends.

Top schools in District 1

Top amenities in District 1

Part of District 2 (Business District): Anson, Tanjong Pagar

Anson Road and Tanjong Pagar, situated in District 2 of Singapore’s Downtown Core, have seen significant development in recent years, mainly Tanjong Pagar Centre, a mixed-use project with Grade A office spaces, residential units, retail outlets, and luxury hotels. The centrepiece of the development is Guoco Tower, a soaring skyscraper that has become an iconic landmark on the Singapore skyline.

Top schools in District 2

While there are no international schools located directly in Anson or Tanjong Pagar, several reputable international schools are within a short distance, offering world-class education for expat families, including the United World College of South East Asia (Dover Campus) and the Singapore American School.

Anson and Tanjong Pagar are also located near several tertiary institutions and universities such as the Singapore Management University (SMU) and the National University of Singapore (NUS).

Top amenities in District 2

District 6 (City/ Business District): City Hall, High Street

City Hall and High Street are steeped in history and heritage, with numerous landmarks and architectural gems dotting the area, such as the National Gallery Singapore, the Victoria Theatre and Concert Hall, and the historic Raffles Hotel. Each offers insights into Singapore’s rich cultural past. Perhaps it’s best known as a cultural hub, with galleries and theatres like Esplanade – Theatres on the Bay showcasing the best of Singapore’s arts and entertainment scene.

Top schools in Districts 6 and 7

Top amenities in District 6

Part of District 7 (City): Beach Road, Bencoolen Road, Bugis, Rochor

These areas offer a unique blend of commercial vibrancy and residential convenience, making it a sought-after area in Singapore’s Central Region. Residential properties are also relatively scarce, which makes them highly sought after. Projects like Duo Residences and Midtown Modern have witnessed strong demand, reflecting the area’s appeal to both investors and homebuyers.

Furthermore, the Master Plan 2019 outlines plans for rejuvenation, including more mixed developments and new housing in the Marina South Area, promising a blend of live, work, and play opportunities. This development plan ensures that District 7 will continue to evolve, potentially increasing its appeal and property values over time.

Top amenities in District 7

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