Marina Bay Retail

Marina Bay

Office Space Market Report

Number of Listings (last 90 days)
12
Median Size (sqft)
19,940
As of: May 22, 2017

Marina Bay Rates

Most listings are in the $0's per square foot per year. The Marina Bay region is seeing a decrease in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 100% decline in rent.

Marina Bay Listing Supply

In the last 90 days, 12 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Marina Bay are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 19,940 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1991 and are Class A.

Marina Bay Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Marina Bay residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Marina Bay.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Marina Bay.
Research

Richmond Submarkets