What District 1 is like
District 1 is Singapore’s financial centre. Condos here are mostly high-rise towers around Marina Bay and the edge of Chinatown, built for people who want to walk to the office and have the bay on their doorstep. Supply is limited and almost entirely 99-year leasehold, since much of the land was sold through government land sales.
Who it suits
Finance and tech professionals, tenants on corporate leases, and investors who prioritise rental demand over space.
Landmarks
- Marina Bay Sands
- Marina Bay Financial Centre
- Lau Pa Sat
- Gardens by the Bay
- Chinatown
MRT stations
Stations in and around District 1:
- Raffles Place
- Marina Bay
- Downtown
- Telok Ayer
- Chinatown
- Shenton Way
Market segment
URA groups private homes into three segments. District 1 falls mainly in the Core Central Region (CCR). The Downtown Core part is CCR; the Chinatown / People’s Park side falls in the RCR. How CCR, RCR and OCR work.
Condo rents in District 1
In Q3 2026, tenants signed 643 leases across 11 condo developments in District 1 that had enough contracts for URA to publish a median. The district median was $6.72 per square foot per month, 22% above the island-wide figure of $5.53. Medians ranged from $4.83 at Riverwalk Apartments to $7.58 at Marina Bay Residences.
What a unit rents for
| Unit size | At the district median |
|---|---|
| 500 sq ft, typical one-bedroom | $3,350 |
| 800 sq ft, typical two-bedroom | $5,400 |
| 1,200 sq ft, typical three-bedroom | $8,050 |
Estimates only. Smaller units usually rent for more per square foot than larger ones.
Rent by development
| Development | Median $ psf | Middle 50% | Leases |
|---|---|---|---|
| Marina Bay Residences | $7.58 | $7.03 – $8.13 | 62 |
| Robinson Suites | $7.47 | $7.12 – $7.59 | 31 |
| The Clift | $7.02 | $6.39 – $7.74 | 65 |
| The Sail @ Marina Bay | $6.83 | $6.36 – $7.33 | 135 |
| Marina One Residences | $6.72 | $6.40 – $7.04 | 135 |
| V On Shenton | $6.24 | $5.66 – $7.29 | 76 |
| Marina Bay Suites | $6.14 | $5.82 – $6.37 | 23 |
| People's Park Complex | $6.11 | $4.80 – $6.39 | 24 |
| One Shenton | $5.97 | $5.50 – $7.27 | 48 |
| Emerald Garden | $5.16 | $4.92 – $5.48 | 30 |
| Riverwalk Apartments | $4.83 | $4.60 – $5.00 | 14 |
Source: URA, Rentals of Non-Landed Residential Buildings, Q3 2026, via data.gov.sg. Only developments with at least 10 rental contracts in the quarter are published.
Districts with similar rents
D3 Queenstown & Tiong Bahru
$7.02 psf median
RCRD7 Bugis & Beach Road
$7.06 psf median
CCRD9 Orchard & River Valley
$6.23 psf median
District 1 questions
Where is District 1 in Singapore?
District 1 covers Raffles Place, Cecil, Marina, People’s Park. It roughly corresponds to the Downtown Core, Singapore River, Marina South planning areas.
Is District 1 in the CCR, RCR or OCR?
District 1 is mainly in the Core Central Region (CCR). The Downtown Core part is CCR; the Chinatown / People’s Park side falls in the RCR.
How much is condo rent in District 1?
In Q3 2026 the median condo rent in District 1 was $6.72 per square foot per month across 11 developments, based on 643 rental contracts lodged with the authorities. That is about $5,400 a month for an 800 sq ft unit.
Which MRT stations serve District 1?
Stations in and around District 1 include Raffles Place, Marina Bay, Downtown, Telok Ayer, Chinatown, Shenton Way.