The Sail @ Marina Bay

Article Index
The Sail @ Marina Bay
Photo Gallery
Floor Plans
Transactions & Rental
All Pages

 

Imagine staying in a six-star hotel in the city, enjoying spectacular sea views from your balcony during the day and sipping cocktails under the stars at night. But imagine never having to check out from this hotel because you can actually own a unit, right here at The Sail @ Marina Bay. Be one of the privileged few to live in a highly-coveted residence.

Both the lavishly-furnished Recreation Room and the Executive Club Lounge located at the Central Park Tower allow residents to indulge in the high life. The Marina Bay Tower sky terraces are in fact outdoor gardens suited for some peaceful and meditative fitness. Breathe in the fresh air, take in the breathtaking views and feel your troubles melt away.

Location Map

 

Condo Basic Information

District/ Location 01/ Marina Boulevard

Tenure 99 from 12/08/2002

Date of TOP 2008

Total Units 1,111

Developer AIG Global Investment Group/ City Developments Ltd

Unit Area                                  Min. Area (sqf)        Max Area (sqf)
1-Bedroom/Studio (438 units)         592                          818

2-Bedroom (418 units)                    861                         1356

3-Bedroom (175 units)                   1184                        2067

4-Bedroom (75 units)                     1647                        2293

Penthouse* (5 units)                     3391                        6297

*Either Jacuzzi pool/ lap pool at the open private terrace

The Interior Finishes and Fittings:

Selected tiles or Timber flooring or Marble floor tiles (Penthouses) for living/dining area
Selected tiles or Timber flooring for bedrooms

Wardrobes provided for all bedrooms
Kitchen cabinets
Kitchen appliances include stainless steel kitchen sink and mixer, electric cooker hob and hood, built-in oven, washing machine cum dryer, refrigerator and dishwasher (Penthouses)
Audio intercom
Air-conditioning system

Site Plan

Site Plan @ 1st Storey


Site plan @ 8th storey

Site plan @ 34th storey

Site plan at 44th storey

 

Facilities:

  • Facilities at 8th Storey (Club Level)
    • Main Pool with Bubble Mat
    • Lap Pool
    • Spa/Aqua Gym Pool
    • Children’s Pool with Bubble Mat
    • Female & Male Steam Bath, Massage Therapy Room
    • Pool Terrace
    • Pool Deck
    • Gymnasium
    • Exercise Studio
    • Changing Rooms
    • BBQ Area
    • Playground
  • Marina Bay Tower at 44th Storey (Tower 1)
    • Sky Terrace
    • Reading Room
    • Club Event Room
    • Karaoke Lounge
    • Modernist Garden
  • Central Park Tower at 34th Storey (Tower 2)
    • Sky Terrace
    • Club Recreation Room

 

To know more about the surrounding amenities, please click here

 

To view our online listings, please go to our Classifieds section.

Click here to learn more about the Downtown Core


Photos of the Common Area and Facilities:

The Sail @ Marina Bay Facade

An overview of the facilities @ the Club Level - 8th Storey

 

Main Pool

Spa/Aqua Gym Pool

Jacuzzi                                           Steam Bath

 

Playground

Gym, with indoor Rock Climbing Wall

Exercise Studio

Karaoke Lounge

Recreational Room                             Reading Room

Photos of the Interiors:

Spacious Living Room, overlooking the Marina Bay

 

The other side of the Living Room

The Kitchen

 

Another unit layout

Bedrooms

Bathroom

Photos of the Surrounding View & Amenities:

Night View of the Marina Bay

The Day View of Marina Bay

City View

 

One Raffles Quay, which is right beside The Sail

Lau Pa Sat - A Famous Gourmet Paradise

 

To view our online listings, please go to our Classifieds section.

Click here to learn more about the Downtown Core


Floor Plans

Tower 1

1 Bedroom

 

2 Bedrooms

 

3 Bedrooms

 

4 Bedrooms

 

Penthouse

Penthouse 1 :

Penthouse 2 :

 

Penthouse 3 :

 

Penthouse 4 :

 

Tower 2

1 Bedroom

 

2 bedrooms

 

3 Bedrooms

 

4 Bedrooms

 

Penthouse

Penthouse 5 :

 

To view our online listings, pls go to our Classifieds section.

Click here to learn more about the Downtown Core


Individual Transactions

** The Sail @ Marina Bay was launched in 2 phases, with:

  • Tower 2 first launched in Oct 2004 at an average $950psf
  • Tower 1 launched, 1 year later, in Oct 2005 at an average $1, 200

Therefore 2 graphs, one for each tower, were drawn up:

As seen from the chart above, marina bay view units were sold, on average, at a higher price that non-marina bay view units. For example, in second half of 2008, the average price of a marina bay view unit was about $2,175psf compared to $1,475psf for a non-marina bay view unit. This is a whopping difference of 47%!

Even though the average price of marina bay unit decreased by about 13% to $1,893psf in the first half of 2009 due to the onset of the financial crisis, it was about 30% more than a non-seaview unit.

In Feb 2010, a seaview unit was transacted at the price of $3,048 psf, breaking the $3,000 level. While non-seaview units are still hovering around $2,000psf.

On 4 Sep 2009, 2 caveats for 6 units at the Central Park Tower were lodged. 3 of the units were lodged under the same caveat with a total price tag of $3.4 million, which works to be about $1,600psf. The other 3 units were lodged with a higher total price tag of $6.7 million as there were of larger units and one of them has a marina bay view.

Therefore, on the above chart, you may see that 2 non-marina bay view units have the same price psf as a marina bay view unit at $1,792psf.

Monthly Average Price and Volume

In 2007, non marina bay units were transacted at an average price of $1776psf. The mode of the transactions took place at $1551psf, with a median of $1750. The skew of the transaction distribution was 0.8 indicates that majority of units were transacted below the average price of $1776psf.

In 2008, The average transacted price did not increase drastically. The price increased to $1778psf. The mode transacted price was $1700psf, with the median of $1700psf, $50 lower than the year before. The skew was once again positive at 0.42 indicative of more than half of units transacting below the average price $1778psf.

By end-2009, the prices are almost back to the 2007 pre-crisis level.

In 2007, marina bay view units transacted for an average of $2299psf. The mode transacted price was at $2301, median was at $2264psf and the skew took on a positive value of 0.41. This is indicative of more than half of the units being transacted at a value below $2299psf.

In 2008, Marina bay view units transacted at a lower price of $2153psf. The mode was at $2000 and the median transacted price was at $2133. The distribution of transactions was positively skewed at 0.31 indicating that more than half of the units transacted below the average price of $2152psf.

From the chart above, we can also see that a marina bay view unit is capable of fetching as high as $3,000psf during the peak period.

Average Rental ($ Psf)

 

To view our online listings, please go to our Classifieds section.

Click here to learn more about the Downtown Core

Back to Top