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

Maelyn Lagman

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Downtown Core Singapore stands as the dynamic heart of Singapore’s financial and business activities, hosting major commercial, financial, and economic centers — an undeniably attractive location for affluent professionals who wish to live close to where they work. 

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. 

The Singapore Merlion in Downtown Core Singapore

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.

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

  • 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. 

An aerial view of Robinson Suites, a freehold condo in District 1, part of Downtown Core Singapore

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

Project Name$ PSF
Wallich Residence$3,427.48
South Beach Residences$3,365.05
Eden Residences Capitol$3,306.80
Midtown Bay$2,967.37
Midtown Modern$2,776.15
One Bernam$2,517.73
The M$2,513.00
Marina One Residences$2,447.97
Marina Bay Residences$2,306.09
Skysuites@Anson$2,262.97
V On Shenton$2,253.72
Eon Shenton$2,252.33
Duo Residences$2,168.34
Altez$2,108.48
The Sail @ Marina Bay$1,932.58

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

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

SchoolWhat it’s known for
Marina Bay PreschoolOffers quality early childhood education for children aged 18 months to 6 years. 
CHIJ (Kellock)CHIJ (Kellock) is a renowned all-girls school.
Singapore Chinese Girls’ School (SCGS)A prestigious all-girls school that aims to nurture bilingual and bicultural learners.
Shelton College InternationalOffers a range of educational programs, including English language courses, preparatory courses for international examinations, and corporate training programs.

Top amenities in District 1

AmenityWhere to find
Shopping MallsMarina Bay Sands
CapitaLand Mall at Raffles Place
Chinatown Point
Dining and EntertainmentLau Pa Sat
Marina Bay Waterfront
Promenade
Clarke Quay
Parks and RecreationGardens by the Bay
Singapore River
Pearl’s Hill City Park
Marina Barrage
Cultural and Heritage SitesChinatown Heritage Centre
Asian Civilisation Museum
Sri Mariamman Temple
People’s Park Complex 
Transportation HubsRaffles Place MRT
Marina Bay MRT

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

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

SchoolWhat it’s known for
Cantonment Primary SchoolOne of the best rated primary schools in Bukit Merah, Singapore.
Chij St. Theresa’s ConventA Catholic girls’ school
Columbia Business SchoolOffers a range of graduate business programs, executive education programs, and research opportunities for aspiring business leaders and professionals.

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

AmenityWhere to find
Shopping MallsIcon Village
100 AM Mall
Guoco Tower
Dining and EntertainmentTanjong Pagar Food Street
Keong Saik Road
Tanjong Pagar Plaza
Parks and RecreationTanjong Pagar Park
Telok Ayer Park
Marina Bay Waterfront
Healthcare FacilitiesSingapore General Hospital (SGH)
Tanjong Pagar Medical Clinic
Transportation HubsTanjong Pagar MRT
Outram MRT

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

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

SchoolWhat it’s known for
Singapore Management University (SMU)One of Singapore’s leading universities, offering undergraduate and postgraduate programs in business, management, economics, social sciences, and law.
School of the Arts (SOTA)Singapore’s first and only pre-tertiary specialized arts school, offering integrated academic and arts curriculum in six major domains: Dance, Music, Theater, Visual Arts, Literary Arts, and Film.
LASALLE College of the ArtsA leading arts institution offering diploma, undergraduate, and postgraduate programs in various art disciplines, including fine arts, design, media arts, performing arts, and more.
Nanyang Academy of Fine Arts (NAFA)One of Singapore’s oldest and most prestigious arts institutions, offering diploma, undergraduate, and postgraduate programs in fine arts, design, fashion, music, and theatre. 
Kaplan Higher Education AcademyOffers a wide range of diploma, undergraduate, and postgraduate programs in various fields, including business, accounting, law, information technology, and more

Top amenities in District 6

AmenityWhere to find
Shopping MallsRaffles City
Funan Mall
Capitol Singapore
Dining and EntertainmentCity Hall Hawker Centre
Chijmes
Parks and RecreationPadang
Fort Canning Park
Esplanade Park
Cultural and Historical AttractionsNational Gallery Singapore
National Museum of Singapore
Asian Civilisations Museum
St. Andrew’s Cathedral
Transportation HubsCity Hall MRT

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

AmenityWhere to find
Shopping MallsBugis Junction
Bugis Street Market
Suntec City
Dining and EntertainmentHaji Lane
Bugis+
Rochor Original Beancurd
Parks and RecreationFort Canning Park
Kampong Glam Park
Cultural and Historical AttractionsSultan Mosque
Arab Street
National Museum of Singapore
Transportation HubsBugis MRT
Rochor MRT

Considering to buy, sell, rent properties in Central Area, Singapore?

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