Marina Bay is a trophy-tier Class A submarket of Singapore with average asking rent around S$14.5/sqft/mo · ≈ $129 PSF/yr USD.
Singapore's trophy office quarter. · Tier: trophy · Avg rent: S$14.5/sqft/mo · ≈ $129 PSF/yr USD
Marina Bay holds the deepest concentration of trophy stock in APAC outside Tokyo. MBFC, Asia Square, Marina One, and the new IOI Central Boulevard Towers anchor the cluster. Walkable to Raffles Place via underground links.
Investment banks, hedge funds, asset managers, family offices, technology platforms.
30-50,000 sqft floor plates, full curtain wall, raised access, end-of-trip facilities.
Downtown MRT (DT/CC), Raffles Place MRT.
Strong taxi and MRT access; growing residential mass at Marina One Residences.
Marina Bay Sands, Gardens by the Bay, ArtScience Museum, Raffles waterfront.
Marina Bay is one of 6 Class A submarkets we cover in Singapore, classified as trophy tier with an average asking rent around S$14.5/sqft/mo · ≈ $129 PSF/yr USD. Compared with the broader Singapore Class A stock, Marina Bay typically attracts Investment banks, hedge funds, asset managers, family offices, technology platforms and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Marina Bay: Raffles Place, Shenton Way & Tanjong Pagar, Orchard, One-North. The full Singapore submarket atlas is at /cities/singapore.
For an institutional Class A occupier evaluating Marina Bay, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Singapore Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.