The honest answer to the yacht Singapore price question is two numbers, not one. A used boat can start near S$26,000 on broker listings, while a new pleasure yacht averaged over S$1.2 million in recent market data. The sticker is only the deposit on the real cost, though. Berthing, the 9% GST on import, your skipper's licence, annual MPA dues, insurance, fuel and a haul-out every couple of years turn a one-off purchase into a recurring bill. Industry brokers use a rough rule that running a boat costs around 10% of its value every year. This guide breaks down each line so you can see what a boat actually costs to buy and keep on the water here.
Boat prices split sharply by condition. On broker platforms listing Singapore-flagged vessels, used boats have started from roughly S$26,000 for small craft, with refurbished mid-size cruisers like a Beneteau Antares 9.8 or a Silverton 33 changing hands around S$220,000 to S$250,000 as of June 2026. New boats are a different universe: market data cited in the wider press put the average new yacht near S$1.2 million and the average second-hand yacht around S$684,000, with superyacht listings running past S$10 million.
Brands you will see most on local listings are Princess, Ferretti, Azimut, Beneteau and Sunseeker. Size, age, engine hours and how recently the hull was refitted move the price far more than the badge. A 20-year-old hull with fresh engines and electronics can cost less than a five-year-old boat that has been neglected.
If you are weighing this against other large purchases, the same discipline applies as buying property or a car: the headline figure is the start of the conversation, not the end. Our net worth calculator is a blunt but useful reality check before you commit a six-figure sum to a depreciating asset.
| Segment | Typical price (SGD) | What you get |
|---|---|---|
| Small used craft | From ~S$26,000 | Compact day boat or older small cruiser |
| Mid-size used cruiser | S$200,000 - S$300,000 | 30-35ft refurbished, liveable cabin |
| Average second-hand yacht | ~S$684,000 | Larger or newer pre-owned vessel |
| Average new yacht | ~S$1.2 million | Current-model production yacht |
| Superyacht | S$10 million and up | Custom or semi-custom large vessel |
Boats sit in an unusual tax spot. Unlike cars, pleasure craft attract no customs duty in Singapore, but they do attract Goods and Services Tax. GST is 9% as of June 2026, and it applies on the open-market value when a boat is imported for local use or sold locally. On a S$1 million yacht that is S$90,000 on top of the purchase price.
There is relief for visiting boats. Singapore Customs grants GST relief on a self-propelled pleasure craft that enters under its own engine or sail and is intended to leave again, which is why so many yachts cruise through without a tax bill. The relief evaporates the moment the boat is sold, transferred or kept for permanent local use. Buying a used boat already in Singapore from a GST-registered dealer usually means GST is built into the quoted price, so confirm whether a listing is shown inclusive or exclusive before you negotiate.
GST also lands on almost every running cost below, from berthing to repairs. Treat the 9% as a line that runs through the whole budget, not a one-time fee. If you want the plain-English version of how the tax works, see our GST glossary entry.
Where you park the boat usually costs more over time than where you bought it. Singapore marinas charge by foot of length, taking the longer of the vessel or the berth, and a wet berth in the water costs more than a dry rack ashore. Across the main marinas, monthly berthing has commonly run from about S$480 for smaller boats to S$1,500 for mid-size, with 60-footers passing S$2,000 a month.
The numbers below are drawn from each marina's own published rates as of June 2026. They move, and GST is added on top, so always pull the latest sheet before signing. Republic of Singapore Yacht Club, for example, publishes a maintenance fee at S$6 per foot plus metered utilities at S$0.50 per kWh for electricity and S$6.66 per cubic metre for water, with dry berths from S$450 to S$1,000 a month and jet-ski storage at S$227 a month.
If a marina mainly serves members, factor club entry into the cost of berthing there at all.
| Marina | Berth type | Indicative rate |
|---|---|---|
| ONE°15 Marina, Sentosa Cove | Wet, 50-60ft (member) | S$1,920 - S$2,300/month |
| Republic of Singapore Yacht Club | Wet, per foot maintenance | S$6/foot + metered utilities |
| Republic of Singapore Yacht Club | Dry berth | S$450 - S$1,000/month |
| Raffles Marina | Wet (member) | New rates effective 1 Dec 2025; quote on request |
| Typical small/mid boat | Wet | S$480 - S$1,500/month |
Before you can helm a powered boat here you need a Powered Pleasure Craft Driving Licence (PPCDL). The official exam and licence fees are modest: a Singaporean pays S$20 for the theory written paper, S$50 for the oral, S$100 for the practical handling assessment, and a S$20 licence fee to the Maritime and Port Authority (MPA). Foreigners pay roughly double on the exams. Most people add a preparatory course costing around S$300, and a two-hour refresher runs about S$240.
The boat itself must be licensed annually with the MPA, with the fee scaled by gross tonnage: S$30 a year for a vessel under 5 GT, S$60 for 5 to under 10 GT, S$100 for 10 to under 20 GT, then S$15 for each additional 10 GT. On top of the licence, port dues for a mechanised private pleasure craft are S$27 per 10 GT or part thereof. These are small relative to berthing, but they are mandatory and non-refundable.
Yacht club membership is optional but often unavoidable if you want a good berth or club facilities. Reported fees have ranged from a visiting fee around S$800 to an ordinary membership near S$16,000 and a corporate membership around S$25,000. Membership can also be a transferable asset, so treat it as part of the entry cost rather than a sunk fee.
Brokers in the region use a rough planning figure that owning a yacht costs around 10% of its purchase value every year once you add up berthing, insurance, maintenance, fuel, haul-outs and crew. On a S$1 million boat that is roughly S$100,000 a year before you have left the dock. Smaller used boats are far cheaper in absolute terms but the same proportional bite still applies.
Insurance is the line people underestimate first. Hull and machinery cover plus third-party liability is typically quoted as a percentage of insured value and rises with size, age and where you cruise. Maintenance is the second surprise: antifouling, engine servicing, electronics and a haul-out every year or two add up, and tropical waters are hard on hulls. Fuel depends entirely on how often you run the engines; a weekend cruiser burns a fraction of what an owner who runs offshore every week does.
Depreciation is the silent cost. A boat is not an investment, and most lose value steadily, which is why so many buyers choose a well-kept used hull and let the first owner absorb the steepest drop. Before committing, run the recurring figure through a budget so it sits inside your cash flow, not on top of it. Our personal budget calculator lets you slot in a monthly boat line and see what it does to the rest of your spending.
If the running budget looks alarming, ownership is not the only route. Chartering a boat for a day, joining a fractional or boat-share scheme, or buying a small used craft you can trailer and dry-store sidesteps the heaviest berthing and crew costs entirely. For most people who sail a handful of weekends a year, the maths favours chartering over owning.
Owning makes more sense when you use the boat often, value having it ready on demand, and can carry the annual cost without it competing with goals like retirement or a home. The same trade-off logic applies to any large discretionary purchase. If a boat is on your list alongside other big-ticket plans, line them up against your savings rate first, the way you would when sizing up a car purchase before signing anything.
Used broker listings have started from roughly S$26,000 for small craft as of June 2026. Liveable mid-size cruisers around 30 to 35 feet more typically run S$200,000 to S$300,000, and prices rise steeply for newer or larger boats.
Yes. Pleasure craft attract no customs duty but do attract 9% GST as of June 2026 on import for local use or on a local sale. Visiting self-propelled boats can get GST relief, which ends if the boat is sold or kept permanently here.
Monthly berthing commonly runs from about S$480 for smaller boats to S$1,500 for mid-size, with 60-footers passing S$2,000 a month before GST. Marinas charge by foot of length, and members often pay less than visitors.
You need a Powered Pleasure Craft Driving Licence (PPCDL) from the MPA. Official exam and licence fees total about S$190 for a Singaporean, plus an optional preparatory course of around S$300. The boat itself must also be licensed annually with the MPA.
This is general financial information for Singapore, not personal financial advice. Figures change — verify current rates against the official sources above before acting. See our full disclaimer.