Blk 1 Marine Terrace
About 1 Marine Ter
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 | $910,750 | $1,080,000 | 4 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 5 room | $2,750 | $3,075 | $3,400 | 2 |
Resale transactions volume and average price trend (last 3 years)
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
- 5 room price : Trending down
Analysis of price range & units sold by block numbers (last 3 years)
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.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 5 | $393,000 | $355,000 | $412,000 | 4 |
| 6 | $404,786 | $312,000 | $505,000 | 14 |
| 7 | $392,286 | $340,000 | $432,000 | 7 |
| 8 | $425,115 | $365,000 | $520,000 | 13 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 1 | $910,750 | $753,000 | $1,080,000 | 4 |
| 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 |
Resale transaction details and prices
There were a total of 4 resale transactions in the last 3 years for units in block 1 Marine Terrace, with the latest one recorded in Dec 2022.
| 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 |
Rental transactions volume and average rental price trend (last 3 years)
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
- 5 room rental price : Trending up
Rental transaction details and prices
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.
| 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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Property information for 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 |