The Sail condo rents out parking lots for $480 a month


Singapore's tallest residential skyscraper, The Sail @ Marina Bay, has a solution to the Central Business District's (CBD) parking woes.

Located at Marina Bay, the luxury property with more than 1,000 residential units also offers parking spaces to non residents.

These lots, which cost about $480 a month, are coveted, especially by those working at the Marina Bay Financial Centre (MBFC) nearby.

The management of The Sail said there are 709 parking spaces, including five handicap lots, but declined to provide a breakdown of resident and non resident lots.

But it added that priority to parking lots will be given to residents of the 70-storey and 63-storey towers.

Although non-residents lament the steep price, they are grateful for a season- parking lot in the CBD.

A bank executive, who wanted to be known only as Mr C. Wee, has been parking at The Sail for the past year.

The 36-year-old used to park at the open-air parking lot at URA Bayfront Avenue, which does not have reserved spaces for season parking.

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