CommercialHOTELDistrict 1 · Downtown Core

Marina Bayfront

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

Marina Bayfront is a commercial building in District 1 · Downtown Core, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 3.4. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Marina Bayfront.

Ask PropKaki

What are the key facts about Marina Bayfront?

Key takeawayMarina Bayfront is a commercial building in District 1 · Downtown Core, zoned HOTEL.

Asset class: Commercial
Land-use zone: HOTEL
Gross plot ratio: 3.4
Tenure: Not on record
District / Area: District 1 · Downtown Core
Address: 2 Raffles Link
Land area: 71,650 sqm
Completed: Not on record
Storeys: 23 (© OpenStreetMap contributors)
Submarket: City Hall / Bugis
Transactions on record: None recorded
Live listings: None
ACRA registrations: 0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Marina Bayfront

Marina Bayfront is a commercial building in Downtown Core (District 01). It is located along Raffles Link, Singapore 039392.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 3.4. It lies inside the Central Area.

It occupies roughly 71,650 sqm of land with about 314,466 sqm of gross floor area.

The nearest MRT is Esplanade MRT, 353 m away (about a 6-minute walk). The closest bus stop (The Esplanade) is 90 m away (about a 1-minute walk). Marina Square is 270 m away (about a 4-minute walk).

What is Marina Bayfront zoned as?

Key takeawayMarina Bayfront sits on land zoned HOTEL with a gross plot ratio of 3.4, inside the Central Area.

Land-use zone: HOTEL
Gross plot ratio: 3.4
Urban design area: Udga
Central Area: Yes

Run the full zoning report for this building →

What does space at Marina Bayfront rent for?

Key takeawayNo rent is published for Marina Bayfront itself. On its street, Raffles Link, retail space rented at a median of $16.10 psf a month in 2026Q3, with the middle half of leases between $14.75 and $16.99. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Raffles Link

Street level · 2026Q3

25th pct

$14.75

$158.76 psm

Median

$16.10

$173.30 psm

75th pct

$16.99

$182.85 psm

S$ per sq ft per month · median +49.9% on a year earlier

2023Q4 · $103.33 psm2026Q3 · $173.30 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 1 retail

Region band · 2026Q3

25th pct

$8.23

$88.64 psm

Median

$10.02

$107.81 psm

75th pct

$15.92

$171.42 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 1 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Marina Bayfront

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

What's been approved at Marina Bayfront?

Key takeawayURA has approved 1 change of use at Marina Bayfront since 2000, most recently in 2001. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

3 Oct 2001ApprovedFloor 1
Change of use to medical clinic cum office
Proposed use of unit #01-XX as medical clinic cum office

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

What do commercial rents run near Marina Bayfront?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)

3.4%

3.0% net of property tax

Rent side (median of bands)

$107.81 psm/mo

2026Q3

Price side (strata, 5y)

$3,561 psf

90 sales

An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 1 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$82.69	$99.35	$120.39
Level 1 · 30 & Below	$172.73	$245.52	$332.57
B1 & Below · 30 & Below	$87.33	$172.91	$321.72
Level 2 & 3 · >30 - 100	$77.43	$95.09	$183.52
Level 1 · >30 - 100	$106.77	$168.33	$217.05
B1 & Below · >30 - 100	$117.40	$198.29	$365.38
Level 1 · >100 - 300	$115.69	$148.57	$187.43
B1 & Below · >100 - 300	$148.73	$233.33	$396.56

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band	25th pct	Median	75th pct
Category 2 · 100 & Below	$54.65	$69.39	$88.80
Category 1 · 100 & Below	$103.62	$122.24	$132.43
Category 1 · >100 - 200	$116.28	$126.99	$148.35
Category 2 · >100 - 200	$65.57	$82.87	$97.63
Category 1 · >200 - 500	$114.67	$128.09	$145.77
Category 2 · >200 - 500	$64.83	$82.57	$94.73
Category 1 · >500 - 1000	$106.56	$137.78	$148.23
Category 2 · >500 - 1000	$85.04	$89.34	$109.80

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is near Marina Bayfront?

Key takeawayThe nearest MRT/LRT is Esplanade MRT, about 353 m away.

Getting around

Esplanade MRT353 m · ~6 min

Amenities nearby

Hotel · 0 mThe Esplanade · 90 mRafflesMedical (Marina Square) · 110 mEsplanade MRT Exit D · 215 mEpicurean Concepts Marina Square Pte. Ltd. · 270 mMarina Square · 270 mWar Memorial Pk · 289 mPlace Of Worship · 461 mEducational Institution · 780 mRaffles Hospital · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Marina Bayfront

Key takeawayThe nearest station is Esplanade (CC3), 215 m away — a quiet station, with about 15,000 taps in and out on an average weekday. 5 public car parks are within 500 m.

Foot traffic: busier than 59% of retail buildings

nearest MRT/LRT Esplanade (CC3) 215 m, about 15,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 8, about 11,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 1,696 residents within 1 km (June 2026); 10 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Esplanade (CC3)215 m · about 15,000 weekday taps
City Hall (NS25 / EW13)457 m · about 91,000 weekday taps
Promenade (CC4 / DT15)485 m · about 45,000 weekday taps
Raffles Place (EW14 / NS26)812 m · about 133,000 weekday taps
Bras Basah (CC2)882 m · about 10,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Marina Bayfront. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Marina Square (development car park)105 m
rates not published as open data
Esplanade (development car park)115 m
rates not published as open data
Suntec City (development car park)342 m
rates not published as open data
Millenia Singapore (development car park)452 m
rates not published as open data
Raffles City (development car park)493 m
rates not published as open data

Nearest URA season parking: Kampong Glam Area, 1.2 km away, S$125/month.

Public car parks only, by straight-line distance, with the operator's published rates. Marina Bayfront's own car park, if it has one, and its charges are not in the open data.

Who's registered at Marina Bayfront?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Marina Bayfront as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Manufacturing
0
Financial and insurance
0
Transportation and storage
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Marina Bayfront

Where is Marina Bayfront?⌄

Marina Bayfront is at 2 Raffles Link, Singapore 039392, in the Downtown Core planning area.

What is Marina Bayfront zoned as?⌄

Marina Bayfront sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 3.4.

Have there been any recorded transactions at Marina Bayfront?⌄

No caveats have been lodged for Marina Bayfront in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Marina Bayfront?⌄

Esplanade MRT is the closest, 353 m away (about a 6-minute walk).

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, LTA DataMall car parks, LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.