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Blk 3 Marine Terrace

3 Marine Terrace is an HDB block in Marine Parade. It comprises 5 room units with the highest floor being 25. The block was completed in 1974 and the lease with HDB commenced in the year 1975. This leaves a remaining lease period of approximately 56 years 10 months.

Based on past transactions data, the unit floor size are 117, 120 and 122sqm. The latest resale transaction was in Mar 2024 and the highest transacted price was recorded in Jan 2022 for a 5 room unit at $938,000.

In terms of accessibility to schools, there are several primary schools located within 1km of 3, including Ngee Ann Primary School.

Public transportation is also convenient, with several MRT stations close to 3, including Marine Terrace MRT Station (TE27). There are also 6 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
5 room $645,888 $811,981 $938,000 6

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
5 room $2,600 $3,300 $4,600 9

Below is a quick summary of the resale transactions volume and average price trends for the 5 room units at 3 Marine Terrace.

  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 5 room price : Trending down
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 3 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 $405,286 $355,000 $435,000 7
6 $410,071 $312,000 $508,000 14
7 $403,250 $340,000 $480,000 8
8 $444,708 $372,000 $520,000 12
5 room
Block Avg $ Min $ Max $ Units sold
1 $894,333 $753,000 $1,080,000 3
2 $867,500 $800,000 $980,000 6
3 $811,981 $645,888 $938,000 6
6 $1,038,888 $1,038,888 $1,038,888 1

There were a total of 6 resale transactions in the last 3 years for units in block 3 Marine Terrace, with the latest one recorded in Mar 2024.

116
Date Resale PSM Type Location Floor Fl. Area Model Built
Mar 2024 $880,000 $7,333 5 Room Blk 3 Marine Terrace 5 Room / 120 sqm 07 to 09 120 sqm Standard 1975
May 2023 $840,000 $7,000 5 Room Blk 3 Marine Terrace 5 Room / 120 sqm 10 to 12 120 sqm Standard 1975
Feb 2023 $645,888 $5,294 5 Room Blk 3 Marine Terrace 5 Room / 122 sqm 04 to 06 122 sqm Standard 1975
Jul 2022 $740,000 $6,167 5 Room Blk 3 Marine Terrace 5 Room / 120 sqm 04 to 06 120 sqm Standard 1975
Jan 2022 $938,000 $7,689 5 Room Blk 3 Marine Terrace 5 Room / 122 sqm 16 to 18 122 sqm Standard 1975
Dec 2021 $828,000 $6,900 5 Room Blk 3 Marine Terrace 5 Room / 120 sqm 19 to 21 120 sqm Standard 1975

Here's a summary of the rental transactions and price trends for the 5 room units at 3 Marine Terrace.

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

Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are 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 3 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

3 room
Block Avg $ Min $ Max $ Units rented
5 $2,573 $1,800 $3,500 44
6 $2,582 $1,000 $3,900 37
7 $2,734 $1,500 $4,000 31
8 $2,435 $1,700 $3,600 31
5 room
Block Avg $ Min $ Max $ Units rented
1 $4,100 $3,400 $4,800 2
2 $3,321 $2,000 $4,700 17
3 $3,300 $2,600 $4,600 9

There were a total of 9 rental transactions in the last 3 years for units in block 3 Marine Terrace. The latest recorded one was in Mar 2024.

119
Date Rental Flat Type Location Town
Mar 2024 $3,600 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
Dec 2023 $4,000 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
Oct 2023 $2,600 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
Jul 2023 $4,600 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
Apr 2023 $3,600 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
Oct 2022 $2,700 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
May 2022 $2,900 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
Feb 2022 $2,900 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
Jan 2022 $2,800 5 Room Blk 3 Marine Terrace 5 Room Marine Parade
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3 Marine Terrace

Block : 3
Street : Marine Terrace
Building : Marine Terrace Walk
Postal code : 440003
Town : Marine Parade
Recorded transactions floor area : 117 sqm, 120 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? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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