District 1 plays a vital role to Singapore’s economy as a wide variety of the city-state’s popular tourist attractions are located here, along with several banks and government offices. Skyscrapers tower the area and restored historic colonial buildings and warehouses reflect the district’s very humble beginnings. District 1 also remains as Singapore’s top choice for property buyers (as of mid-2013 reports by The Straits Times). These include The Sail @ Marina Bay that has one-, two- and three-bedders with an average price of $2,573 per sq ft (psf). Marina Bay Suites and V on Shenton developments are also very popular among potential property buyers, with Marina Bay Suites acquiring the highest average asking price at about $2748 last year.
Located around the shoreline of the northern and southern side of the Singapore River, Boat Quay has been a trailblazer of the Singapore entertainment scene, offering an eclectic variety of posh restaurants, alfresco dining, dynamic bars and pubs. Boat Quay also offers a myriad of cuisines, ranging from Western to Asian with notable restaurants and eateries like The Penny Black, The Cavern, Authentic Hock Lam Street Popular Beef Kway Teow and Fuqing Seafood. With this, Boat Quay has been one of the most popular hangout spots for most professionals and expatriates due to its proximity to office towers, for the energetic ambiance of Boat Quay allows them to “chill” and recharge for the next day’s work.
Raffles Place is ablaze with commercial and administrative activities, reflected by the various key commercial offices of Singapore, namely UOB Plaza, One Raffles Place, Republic Plaze, One Raffles Quay and OCBC Centre. Moreover, Singapore’s stock exchange – the Singapore Exchange – is also located in the vicinity of Raffles Place. Other administrative buildings also include the Parliament House, the Supreme Court and City Hall. Other iconic buildings and monuments are also abounding within the area, with The Fullerton Hotel, the national icon of Singapore the Merlion and the Esplanade Theatre also known as “the Durian”.
Marina Bay is known for its picturesque night scene portrayed by the various infrastructure like the Waterfront Promenade around Marina Bay and the artistically designed Helix that links Bayfront to Marina Centre where the Youth Olympic Park is located. Moreover, the recently-built and highly acclaimed Gardens by the Bay is one of the key elements that has attracted and astounded visitors around the world.
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