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Blk 1 Marine Terrace

Block 1 Marine Terrace, Singapore 440001, is an HDB block located in Marine Parade and which comprises 5 room units. The highest floor for this block is 25. It was completed in the year 1974 and lease with HDB commenced in the year 1975. Remaining lease period is approximately 56 years 08 months.

Based on our past transactions data, the unit floor size are 117, 120, 121 and 122 sqm.

The latest resale transaction was in Dec 2022 while the highest transacted price was recorded in Dec 2022 for a 5 room unit at $1,080,000.

Primary schools located within 1km radius of 1 Marine Terrace include Ngee Ann Primary School.

In terms of accessibility to public transportation, 1 Marine Terrace is also close by to the Marine Terrace MRT Station (TE27).

There are 6 bus stops within proximity of 300m.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
5 room $753,000 $892,600 $1,080,000 5

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
5 room $2,750 $3,075 $3,400 2

Below is a quick summary of the resale transactions volume and average price trends for the 5 room units at 1 Marine Terrace.

  • 5 room sales : Trending up
Resale transactions trend
  • 5 room price : Trending up
Average resale price trend

Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Marine Terrace Walk. We will compare a total of 2 flat types (3 Room and 5 Room), across a total of 7 blocks within this HDB project/estate. Block 1 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

3 room
Block Avg $ Min $ Max $ Units sold
5 $393,000 $355,000 $412,000 4
6 $402,467 $312,000 $505,000 15
7 $388,000 $340,000 $432,000 6
8 $418,293 $365,000 $520,000 15
5 room
Block Avg $ Min $ Max $ Units sold
1 $892,600 $753,000 $1,080,000 5
2 $879,125 $820,000 $950,000 8
3 $820,111 $645,888 $938,000 7
6 $1,038,888 $1,038,888 $1,038,888 1

There were a total of 5 resale transactions in the last 3 years for units in block 1 Marine Terrace, with the latest one recorded in Dec 2022.

115
Date Resale PSM Type Location Floor Fl. Area Model Built
Dec 2022 $753,000 $6,275 5 Room Blk 1 Marine Terrace 5 Room / 120 sqm 04 to 06 120 sqm Standard 1975
Dec 2022 $1,080,000 $8,852 5 Room Blk 1 Marine Terrace 5 Room / 122 sqm 25 to 27 122 sqm Standard 1975
Jan 2022 $850,000 $7,083 5 Room Blk 1 Marine Terrace 5 Room / 120 sqm 22 to 24 120 sqm Standard 1975
Oct 2021 $960,000 $7,869 5 Room Blk 1 Marine Terrace 5 Room / 122 sqm 22 to 24 122 sqm Standard 1975
May 2021 $820,000 $6,833 5 Room Blk 1 Marine Terrace 5 Room / 120 sqm 13 to 15 120 sqm Standard 1975

Here's a summary of the rental transactions and price trends for the 5 room units at 1 Marine Terrace.

  • 5 room rental : Stable trend
Rental transactions trend
  • 5 room rental price : Trending up
Average rental price trend

There were a total of 2 rental transactions in the last 3 years for units in block 1 Marine Terrace. The latest recorded one was in May 2022.

112
Date Rental Flat Type Location Town
May 2022 $3,400 5 Room Blk 1 Marine Terrace 5 Room Marine Parade
Aug 2021 $2,750 5 Room Blk 1 Marine Terrace 5 Room Marine Parade
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1 Marine Terrace

Block : 1
Street : Marine Terrace
Building : Marine Terrace Walk
Postal code : 440001
Town : Marine Parade
Recorded transactions floor area : 117 sqm, 120 sqm, 121 sqm, 122 sqm
Recorded transactions flat types : 5 Room
Recorded transactions flat models : Standard
Lease commencement : 1975
Year completed : 1974
Max. Floor : 25
Residential? : Y
Commercial? : Y
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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