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District 1 — Raffles Place, Marina & Cecil
District 1

District 1 — Raffles Place, Marina & Cecil

Singapore's iconic skyline address — the city's financial, cultural, and entertainment nucleus.

Avg Sale PSF

$2,600

per sq ft

Avg Rental PSF

$6.00

per sq ft / mo

YoY Price Change

+1.5%

last 12 months

MRT Stations

6

serving this district

About District 1

District 1 is the postcard face of Singapore. Anchored by the gleaming towers of Raffles Place — the financial district — and stretching through the Marina Bay waterfront and the historic Cecil Street corridor, this is where Singapore's economic story is written every day. The skyline here, with its mix of colonial landmarks, glass skyscrapers, and the unmistakable silhouette of Marina Bay Sands, is among the most recognised in Asia.

Living in District 1 is fundamentally different from any other part of Singapore. This is a genuine urban live-work-play environment: offices, residences, restaurants, museums, and world-class entertainment are layered within walking distance of each other. The Marina Bay waterfront offers a linear park connecting Gardens by the Bay, the ArtScience Museum, the Esplanade Theatres on the Bay, and Marina Bay Sands — all accessible on foot from most residential developments.

The residential stock reflects the district's premium positioning. Properties like The Sail @ Marina Bay, Marina One Residences, and Wallich Residence (formerly home to Singapore's most expensive apartment) set the benchmark for high-altitude, high-specification urban living. Most units target young professionals, dual-income couples, and international executives who prioritise a zero-commute lifestyle and easy access to CBD dining and entertainment. Foreign ownership is strong here, making it one of Singapore's most internationally traded residential markets.

The absence of major local schools is a consistent trade-off — District 1 is not a family school catchment area. Stamford American International School serves the expatriate community nearby, but families seeking top SAP or GEP schools will look to neighbouring districts. This creates a population profile that skews younger and more transient than, say, Districts 10 or 20.

Despite high entry prices, rental yields in District 1 are among the most compelling in Singapore. Short-term lease demand from banking and finance professionals ensures low vacancy rates, and the perpetual pipeline of CBD workers keeps the market liquid through economic cycles.

Why people love it here

  • Walking distance to Marina Bay Sands, Gardens by the Bay, and the Esplanade
  • Direct MRT connections across five lines — the best-connected district on the island
  • Rental yields consistently among the highest in Singapore
  • World-class restaurants, hotels, and cultural venues at ground level
  • Full urban lifestyle — zero commute for CBD professionals
  • International investment appeal with strong foreign buyer demand

Getting around

MRT Stations

Raffles Place (NS/EW)Downtown (DT)Marina Bay (NS/TE/CE)Bayfront (CE/DT)Telok Ayer (DT)Tanjong Pagar (EW)

Expressways

ECPAYEMCE
Commute to CBD: 0–5 min

Schools

Secondary

The School of the Arts (SOTA)

International

Stamford American International School

Amenities

Marina Bay Sands Shoppes

mall

One Raffles Place

mall

Gardens by the Bay

park

Marina Barrage Rooftop Garden

park

Lau Pa Sat Festival Market

food

CBD Restaurant Row (Telok Ayer)

food

Raffles Hospital

hospital

What you'll find here

High-rise luxury condominiumsService apartmentsHeritage shophouse conversionsSuper-tall residential towersIntegrated mixed-use developments

Pros & cons

Pros

  • Zero-commute living for CBD professionals
  • Unmatched MRT connectivity — 5 lines within walking distance
  • Strong rental demand and yields from corporate tenants
  • Iconic address with global brand recognition
  • World-class entertainment, dining, and cultural venues all within walking distance

Cons

  • Very limited family-oriented amenities and local school catchments
  • Weekend quietness in the financial district can feel sterile
  • High price quantum for relatively smaller unit sizes
  • Traffic into and out of the CBD is congested at peak hours

Active listings in District 1

3 properties currently available

Prime Office Space at One Raffles Place
For Rent

$12,000/mo

Prime Office Space at One Raffles Place

1 Raffles Place, Tower 2

2,000 sqft
DW

David Wong

Huttons Asia

Cosy Studio at The Sail @ Marina Bay
For Rent

$3,200/mo

Cosy Studio at The Sail @ Marina Bay

2 Marina Boulevard

1 bed|1 bath|474 sqft
MT

Michael Tan

PropNex Realty

Modern 2BR at Marina One Residences
For Rent

$5,500/mo

Modern 2BR at Marina One Residences

23 Marina Way

2 beds|2 baths|1,055 sqft
SC

Sarah Chen

ERA Realty Network

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