CommercialHOTELDistrict 1 · Downtown Core

Marina Square

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Marina Square 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. 4 units are currently listed for rent. ACRA records 373 live company registrations at this address.

1

What are the key facts about Marina Square?

Key takeawayMarina Square 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
6 Raffles Boulevard
Land area
20,548 sqm
Completed
Not on record
Storeys
23 (© OpenStreetMap contributors)
Strata units (MCST)
20
Managing agent
SINGLAND MANAGEMENT SERVICES PTE LTD
Strata formed
1998 (MCST 2190)
Owner
Singapore Land Group (SGX filings)
Submarket
City Hall / Bugis
Listed as
Food & Beverage, Mall Shop, Shop / Shophouse
Transactions on record
None recorded
Live listings
4
ACRA registrations
373

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.

2

Who owns Marina Square, and what is it valued at?

Key takeawayMarina Square is owned by Singapore Land Group, listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
Marina Square
Valued at S$1,050 million as at 30 Jun 2026, by Edmund Tie & Company (SEA) Pte Ltd.
Marina Square Retail Mall
Valued at S$1,050 million as at 30 Jun 2023, by Knight Frank Pte Ltd.

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About Marina Square

Marina Square is a commercial building in Downtown Core (District 01). It is located along Raffles Boulevard, Singapore 039594.

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 20,548 sqm of land with about 314,466 sqm of gross floor area.

408 businesses are currently registered at this address with ACRA.

The nearest MRT is Esplanade MRT, 343 m away (about a 5-minute walk). The closest bus stop (The Esplanade) is 175 m away (about a 3-minute walk). Marina Square is 170 m away (about a 3-minute walk).

4

What is Marina Square zoned as?

Key takeawayMarina Square 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 →

5

What does space at Marina Square rent for?

Key takeawayNo rent is published for Marina Square itself. On its street, Raffles Boulevard, retail space rented at a median of $10.40 psf a month in 2026Q3, with the middle half of leases between $7.53 and $15.65. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Raffles Boulevard

Street level · 2026Q3
25th pct
$7.53
$81.02 psm
Median
$10.40
$111.99 psm
75th pct
$15.65
$168.44 psm

S$ per sq ft per month · median -1.6% on a year earlier

2023Q4 · $106.31 psm2026Q3 · $111.99 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).

6

Market context around Marina Square

Key takeawayFlexible workspace: JustCo lists a centre here, per the operator's public location list (10 Oct 2026).Brokers' 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.

7

How fast units move at Marina Square

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Marina Square?

Key takeawayURA has approved 129 changes of use at Marina Square since 2000, most recently in 2026. 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.
  1. 31 Aug 2026Approved
    Additions & alterations

    Proposed a&a to extg marina square comprising of a&a to extg 4-sty retail podium with a basement carpark, a new 24-sty sa2 tower(total 260 units)with communal facilities & a new 19-sty mixed use blk comprising office & hotel(total 304 rooms)with communal facilities on plot 1 & a new 49-sty residential tower(total 204 units) with communal facilities, 3 levels of mscp & a basement carpark on plot 2

  2. 9 Jun 2026RenewedFloor 1
    Continued use as restaurant and bar with live entertainment

    Continued use of units #01-XX as restaurant and bar with live entertainment at marina square

  3. 8 Apr 2026ApprovedFloor 2
    Change of use to amusement centre

    Proposed change of use of #02-XX to amusement centre at marina square

  4. 10 Feb 2026RenewedFloor 1
    Continued use as restaurant and bar

    Continued use of restaurant units #01-XX as restaurant and bar at marina square

  5. 22 Jan 2026RenewedFloor 1
    Continued use as amusement centre

    Continued use of shop units #01-XX to #01-XX as amusement centre

  6. 8 Jan 2026RenewedFloor 1
    Continued use as karaoke lounge

    Continued use of restaurant unit #01-XX as karaoke lounge at marina square

  7. 24 Oct 2025Approved
    Additions & alterations

    Proposed additions and alterations involving relocation of m&e works and new ramps at part of basement level and 1st storey and new swimming pool at 4th and 5th storey of existing marina square mall on lot 00357l, 00358c and 00373x ts11 at 6 raffles boulevard (downtown core planning area)

  8. 12 Aug 2025ApprovedFloor 3
    Change of use to amusement centre

    Proposed change of use of #03-XX to amusement centre at marina square

  9. 4 Jul 2025RenewedFloor 3
    Continued use as amusement centre

    Continued use of the 3rd storey units #03-XX as amusement centre

  10. 21 Apr 2025RenewedFloor 2
    Continued use as amusement centre

    Continued use of units #02-XX, #02-XX, #02-XX, #02-XX, #02-XX, #02-XX and #02-XX as amusement centre at marina square

  11. 13 Mar 2025Renewed
    Continued use as car polishing & waxing services

    Continued use of 6 car parking lots in basement one as car polishing & waxing services at marina square

  12. 23 Dec 2024RenewedFloor B1
    Continued use as dance school with ancillary bar & live performance

    Continued change of use of units #B1-XX, #B1-XX & #B1-XX as dance school with ancillary bar & live performance at marina square link

171 earlier change-of-use and A&A decisions are on record since 2000.

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).

9

What do commercial rents run near Marina Square?

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 band25th pctMedian75th 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 band25th pctMedian75th 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.

10

What is available at Marina Square right now?

Key takeaway4 units are currently listed at Marina Square. One row per unit; several agents often market the same unit.

For rent (4)

  • Marina SquareS$13k/mo · 1,047 sqft
  • 6 Raffles Boulevard, 039594S$60k/mo · 5,000 sqft
  • 6 Raffles Boulevard, 039594S$20k/mo · 1,484 sqft
  • Marina Square2 agentsS$31k/mo · 1,948 sqft

Browse every listing at this building →

11

What is near Marina Square?

Key takeawayThe nearest MRT/LRT is Esplanade MRT, about 343 m away.

Getting around

Amenities nearby

Hotel · 0 mRafflesMedical (Marina Square) · 55 mEpicurean Concepts Marina Square Pte. Ltd. · 170 mMarina Square · 170 mThe Esplanade · 175 mEsplanade MRT Exit D · 202 mWar Memorial Pk · 305 mPlace Of Worship · 520 mEducational Institution · 793 mRaffles Hospital · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Marina Square

Key takeawayThe nearest station is Esplanade (CC3), 201 m away — a quiet station, with about 15,000 taps in and out on an average weekday. 4 public car parks are within 500 m.
Foot traffic: busier than 61% of retail buildings

nearest MRT/LRT Esplanade (CC3) 201 m, about 15,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 9, about 13,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 2,005 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)201 m · about 15,000 weekday taps
  • Promenade (CC4 / DT15)395 m · about 45,000 weekday taps
  • City Hall (NS25 / EW13)498 m · about 91,000 weekday taps
  • Bugis (EW12 / DT14)845 m · about 109,000 weekday taps
  • Bras Basah (CC2)890 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 Square. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Marina Square (development car park)28 m
    rates not published as open data
  • Esplanade (development car park)219 m
    rates not published as open data
  • Suntec City (development car park)266 m
    rates not published as open data
  • Millenia Singapore (development car park)353 m
    rates not published as open data

Nearest URA season parking: Kampong Glam Area, 1.1 km away, S$125/month.

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

13

Who's registered at Marina Square?

Key takeaway373 live companies (and LLPs and branches; sole proprietors are not counted) list Marina Square as their registered address. These are registered businesses, not who occupies the space.
  • Professional, scientific and technical services
    88
  • Education
    47
  • Wholesale and retail trade
    42
  • Information and communications
    42
  • Financial and insurance
    40
  • Health and social services
    28
  • Accommodation and food services
    26
  • Arts, entertainment and recreation
    19
  • Administrative and support services
    14
  • Other services
    10

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.

14

Frequently asked questions about Marina Square

Where is Marina Square?⌄

Marina Square is at 6 Raffles Boulevard, Singapore 039594, in the Downtown Core planning area.

What is Marina Square zoned as?⌄

Marina Square 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 Square?⌄

No caveats have been lodged for Marina Square 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 Square?⌄

Esplanade MRT is the closest, 343 m away (about a 5-minute walk).

How many businesses are registered at Marina Square?⌄

408 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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