Blk 16 Marine Terrace
About 16 Marine Ter
16 Marine Terrace is an HDB block located in Marine Parade. It has 2 room units and the highest floor is 16. The block was completed in 1974 and the lease with HDB commenced in 1975. This means that the remaining lease period is approximately 57 years. The unit floor size are 42 and 43sqm. The latest resale transaction was in May 2024 and the highest transacted price was recorded in May 2024 for a 2 room unit at $270,000.
There are several primary schools located within 1km of block 16, including Ngee Ann Primary School.
Block 16 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Marine Terrace MRT Station (TE27).
There are also 7 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 2 room | $265,000 | $267,500 | $270,000 | 2 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 2 room | $1,400 | $1,400 | $1,400 | 1 |
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 2 room units at 16 Marine Terrace.
- 2 room sales : Stable or no visible trend
- 2 room price : Trending up
Resale transaction details and prices
There were a total of 2 resale transactions in the last 3 years for units in block 16 Marine Terrace, with the latest one recorded in May 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2024 | $270,000 | $6,429 | 2 Room | Blk 16 Marine Terrace 2 Room / 42 sqm | 07 to 09 | 42 sqm | Improved | 1975 |
| Oct 2023 | $265,000 | $6,310 | 2 Room | Blk 16 Marine Terrace 2 Room / 42 sqm | 10 to 12 | 42 sqm | Improved | 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 2 room units at 16 Marine Terrace.
- 2 room rental : Stable trend
- 2 room rental price : Stable trend
Rental transaction details and prices
There were a total of 1 rental transactions in the last 3 years for units in block 16 Marine Terrace. The latest recorded one was in Aug 2022.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Aug 2022 | $1,400 | 2 Room | Blk 16 Marine Terrace 2 Room | Marine Parade |
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Property information for 16 Marine Terrace
| Block | : | 16 |
| Street | : | Marine Terrace |
| Building | : | Marine Terrace Breeze |
| Postal code | : | 440016 |
| Town | : | Marine Parade |
| Recorded transactions floor area | : | 42 sqm, 43 sqm |
| Recorded transactions flat types | : | 2 Room |
| Recorded transactions flat models | : | Improved |
| Lease commencement | : | 1975 |
| Year completed | : | 1974 |
| Max. Floor | : | 16 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
