Blk 18 Marine Terrace
About 18 Marine Ter
18 Marine Terrace comprises 4 room HDB blocks and is located in Marine Parade. It was completed in year 1974 and the lease commenced in 1975. The remaining lease period with HDB is therefore approximately 57 years 03 months.
The highest floor for this block is 16. The unit floor size is 88sqm, based on past transactions data. The latest resale transaction was in May 2024 and the highest transacted price was recorded in May 2023 for a 4 room unit at $680,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 18, including Ngee Ann Primary School.
Block 18 is also well-connected to public transportation, with several MRT stations close by, including Marine Terrace MRT Station (TE27).
There are also 7 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $480,000 | $548,600 | $680,000 | 10 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,700 | $2,962 | $4,000 | 27 |
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 4 room units at 18 Marine Terrace.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending down
Resale transaction details and prices
There were a total of 10 resale transactions in the last 3 years for units in block 18 Marine Terrace, with the latest one recorded in May 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2024 | $523,000 | $5,943 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 01 to 03 | 88 sqm | Improved | 1975 |
| Apr 2024 | $510,000 | $5,795 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 01 to 03 | 88 sqm | Improved | 1975 |
| Mar 2024 | $528,000 | $6,000 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 04 to 06 | 88 sqm | Improved | 1975 |
| Jan 2024 | $515,000 | $5,852 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 04 to 06 | 88 sqm | Improved | 1975 |
| Jul 2023 | $535,000 | $6,080 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 07 to 09 | 88 sqm | Improved | 1975 |
| Jul 2023 | $550,000 | $6,250 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 04 to 06 | 88 sqm | Improved | 1975 |
| May 2023 | $680,000 | $7,727 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 13 to 15 | 88 sqm | Improved | 1975 |
| Sep 2022 | $555,000 | $6,307 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 04 to 06 | 88 sqm | Improved | 1975 |
| Jul 2022 | $610,000 | $6,932 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 10 to 12 | 88 sqm | Improved | 1975 |
| Jun 2022 | $480,000 | $5,455 | 4 Room | Blk 18 Marine Terrace 4 Room / 88 sqm | 04 to 06 | 88 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 4 room units at 18 Marine Terrace.
- 4 room rental : Trending down
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 27 rental transactions in the last 3 years for units in block 18 Marine Terrace. The latest recorded one was in Oct 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Oct 2024 | $3,500 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Aug 2024 | $3,200 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jul 2024 | $3,000 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jul 2024 | $2,800 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jun 2024 | $3,500 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jun 2024 | $3,700 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| May 2024 | $3,232 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Apr 2024 | $3,150 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Mar 2024 | $2,600 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Feb 2024 | $2,850 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Nov 2023 | $3,200 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Aug 2023 | $3,500 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jul 2023 | $3,200 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jul 2023 | $3,050 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| May 2023 | $3,000 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Mar 2023 | $4,000 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Mar 2023 | $3,700 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Feb 2023 | $2,600 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Dec 2022 | $3,500 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Oct 2022 | $2,600 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Oct 2022 | $2,500 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jul 2022 | $2,500 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Jul 2022 | $2,300 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| May 2022 | $2,700 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Apr 2022 | $1,700 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Apr 2022 | $2,100 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
| Mar 2022 | $2,300 | 4 Room | Blk 18 Marine Terrace 4 Room | Marine Parade |
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Property information for 18 Marine Terrace
| Block | : | 18 |
| Street | : | Marine Terrace |
| Building | : | |
| Postal code | : | 440018 |
| Town | : | Marine Parade |
| Recorded transactions floor area | : | 88 sqm |
| Recorded transactions flat types | : | 4 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 |
