Property Review: The Sail @ Marina Bay
Updated: Jul 6
Should you buy a downtown property for investment? Are they freehold and good rental yield? Let's look at The Sail @ Marina Bay.
The Sail @ Marina Bay is a luxury property located at the prestigious Marina Boulevard in District 1. The Sail @ Marina Bay is a 99 leasehold property that was completed in 2008. A total of 70 floors and 1,111 units. This luxury private residential property were designed to interrogate home and office complexes into a single lifestyle concept. The total site area is 2.2464 acres. The entire retail space is 2700 square meters or 29,000 sqft. There are 438 one-bedroom units, 418 two-bedroom units, 175 three-bedroom units, 75 four-bedroom units, and five penthouse units with the largest being almost 840 square meters or 9000 sqft.
The Sail @ Marina Bay is considered a 6-star waterfront lifestyle private residential. This development offers panoramic city view of Marina Bay, Singapore city skyline, neighbouring Central Linear Park and the sea. It is close to the Suntec City, Marina Bay Sands, The Esplanade, Singapore River. For people who commute on a regular basis and so not use private means of transportation, there are several MRT stations in the vicinity like-
Downtown MRT and Raffles Place MRT station. There is also an underground link to the Raffle's Place MRT station. This is a strategic location especially rent it out for foreign expats.
The developer behind this project is City Development. One of the leading developer in Singapore.
The Saile @ Marina Bay is a good investment but surrounding with more and more new projects such as Marina One, Marina Bay Suites and make this project ageing.