Blk 55 Marine Terrace
About 55 Marine Ter
Block 55 Marine Terrace, Singapore 440055, is an HDB block located in Marine Parade and which comprises 4 room units. The highest floor for this block is 16. It was completed in the year 1974 and lease with HDB commenced in the year 1975. Remaining lease period is approximately 57 years.
Based on our past transactions data, the unit floor size is 88 sqm.
The latest resale transaction was in Jan 2024 while the highest transacted price was recorded in Jan 2017 for a 4 room unit at $538,000.
Primary schools located within 1km radius of 55 Marine Terrace include Ngee Ann Primary School.
In terms of accessibility to public transportation, 55 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 |
|---|---|---|---|---|
| 4 room | $470,000 | $510,000 | $530,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,500 | $3,250 | $4,000 | 19 |
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 55 Marine Terrace.
- 4 room sales : Stable or no visible trend
- 4 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 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 55 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
Resale transaction details and prices
There were a total of 3 resale transactions in the last 3 years for units in block 55 Marine Terrace, with the latest one recorded in Jan 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jan 2024 | $470,000 | $5,341 | 4 Room | Blk 55 Marine Terrace 4 Room / 88 sqm | 01 to 03 | 88 sqm | Improved | 1975 |
| May 2023 | $530,000 | $6,023 | 4 Room | Blk 55 Marine Terrace 4 Room / 88 sqm | 13 to 15 | 88 sqm | Improved | 1975 |
| Mar 2023 | $530,000 | $6,023 | 4 Room | Blk 55 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 55 Marine Terrace.
- 4 room rental : Trending down
- 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 55 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
Rental transaction details and prices
There were a total of 19 rental transactions in the last 3 years for units in block 55 Marine Terrace. The latest recorded one was in Aug 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Aug 2024 | $3,500 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Jul 2024 | $3,500 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Jun 2024 | $3,650 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Mar 2024 | $4,000 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Jan 2024 | $3,200 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Oct 2023 | $3,000 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Sep 2023 | $3,000 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Aug 2023 | $3,800 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Jun 2023 | $3,900 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| May 2023 | $3,000 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| May 2023 | $3,800 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Mar 2023 | $2,500 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Nov 2022 | $3,400 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Sep 2022 | $3,200 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Aug 2022 | $3,200 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Jul 2022 | $3,500 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| May 2022 | $2,500 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| May 2022 | $2,600 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
| Jan 2022 | $2,500 | 4 Room | Blk 55 Marine Terrace 4 Room | Marine Parade |
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Property information for 55 Marine Terrace
| Block | : | 55 |
| Street | : | Marine Terrace |
| Building | : | Marine Terrace Haven |
| Postal code | : | 440055 |
| 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 |
