Blk 54 Marine Terrace
About 54 Marine Ter
54 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 56 years 11 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 Apr 2024 and the highest transacted price was recorded in Mar 2023 for a 4 room unit at $610,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 54, including Ngee Ann Primary School.
Block 54 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 | $544,489 | $610,000 | 10 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,000 | $2,850 | $4,100 | 28 |
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 54 Marine Terrace.
- 4 room sales : Trending down
- 4 room price : Trending up
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 Haven. We will compare a total of 2 flat types (3 Room and 4 Room), across a total of 3 blocks within this HDB project/estate. Block 54 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 58 | $391,313 | $338,000 | $435,000 | 8 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 54 | $544,489 | $480,000 | $610,000 | 10 |
| 55 | $502,500 | $470,000 | $530,000 | 4 |
Resale transaction details and prices
There were a total of 10 resale transactions in the last 3 years for units in block 54 Marine Terrace, with the latest one recorded in Apr 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Apr 2024 | $572,888 | $6,510 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 07 to 09 | 88 sqm | Improved | 1975 |
| Jul 2023 | $575,000 | $6,534 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 07 to 09 | 88 sqm | Improved | 1975 |
| Mar 2023 | $610,000 | $6,932 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 10 to 12 | 88 sqm | Improved | 1975 |
| Dec 2022 | $600,000 | $6,818 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 10 to 12 | 88 sqm | Improved | 1975 |
| Aug 2022 | $550,000 | $6,250 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 13 to 15 | 88 sqm | Improved | 1975 |
| May 2022 | $535,000 | $6,080 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 16 to 18 | 88 sqm | Improved | 1975 |
| Nov 2021 | $482,000 | $5,477 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 04 to 06 | 88 sqm | Improved | 1975 |
| Nov 2021 | $550,000 | $6,250 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 13 to 15 | 88 sqm | Improved | 1975 |
| Sep 2021 | $490,000 | $5,568 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 07 to 09 | 88 sqm | Improved | 1975 |
| Aug 2021 | $480,000 | $5,455 | 4 Room | Blk 54 Marine Terrace 4 Room / 88 sqm | 13 to 15 | 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 54 Marine Terrace.
- 4 room rental : Trending up
- 4 room rental price : Trending up
Analysis of rental price range & units rented by block numbers (last 3 years)
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 Haven. We will compare a total of 2 flat types (3 Room and 4 Room), across a total of 3 blocks within this HDB project/estate. Block 54 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 58 | $2,389 | $1,500 | $3,300 | 27 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 54 | $2,850 | $1,000 | $4,100 | 28 |
| 55 | $2,970 | $1,800 | $4,000 | 20 |
Rental transaction details and prices
There were a total of 28 rental transactions in the last 3 years for units in block 54 Marine Terrace. The latest recorded one was in May 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| May 2024 | $3,000 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Apr 2024 | $2,850 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Mar 2024 | $1,000 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Mar 2024 | $4,000 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Feb 2024 | $3,450 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Feb 2024 | $3,600 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Jan 2024 | $3,400 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Jan 2024 | $3,500 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Oct 2023 | $4,100 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Oct 2023 | $3,000 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Sep 2023 | $3,000 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Sep 2023 | $2,400 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Jul 2023 | $2,800 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Jun 2023 | $2,500 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Apr 2023 | $3,900 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Dec 2022 | $3,800 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Aug 2022 | $2,950 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Aug 2022 | $3,500 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Jun 2022 | $2,400 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Jun 2022 | $2,300 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| May 2022 | $2,850 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Mar 2022 | $2,000 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Mar 2022 | $2,100 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Jan 2022 | $2,400 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Oct 2021 | $2,400 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Sep 2021 | $2,100 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Aug 2021 | $2,000 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
| Aug 2021 | $2,500 | 4 Room | Blk 54 Marine Terrace 4 Room | Marine Parade |
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Property information for 54 Marine Terrace
| Block | : | 54 |
| Street | : | Marine Terrace |
| Building | : | Marine Terrace Haven |
| Postal code | : | 440054 |
| 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 |