62 Marine Drive is an HDB block located in Marine Parade. It has 4 room units and the highest floor is 14. The block was completed in 1975 and the lease with HDB commenced in 1976. This means that the remaining lease period is approximately 58 years. The unit floor size is 87sqm. The latest resale transaction was in Aug 2023 and the highest transacted price was recorded in Mar 2018 for a 4 room unit at $600,000.
There are several primary schools located within 1km of block 62, including Ngee Ann Primary School.
Block 62 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 Parade MRT Station (TE26) and Marine Terrace MRT Station (TE27).
There are also 2 bus stops within walking distance of the block.
Resale summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Sold
4 room
$495,000
$559,571
$595,000
7
Rental summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Rented
4 room
$2,100
$2,900
$4,200
17
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 62 Marine Drive.
4 room sales :
Trending down
Resale transactions trend
4 room price :
Trending up
Average resale price trend
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 Drive Gardens.
We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 9 blocks within this HDB project/estate. Block 62 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
64
$433,692
$330,000
$548,000
13
65
$440,993
$355,000
$588,000
16
66
$429,664
$370,000
$520,000
20
67
$445,635
$355,000
$530,000
14
4 room
Block
Avg $
Min $
Max $
Units sold
60
$548,833
$455,000
$668,000
6
61
$570,692
$500,000
$628,000
13
62
$559,571
$495,000
$595,000
7
63
$559,876
$425,000
$640,000
9
5 room
Block
Avg $
Min $
Max $
Units sold
64
$1,380,000
$1,380,000
$1,380,000
1
71
$876,273
$765,000
$970,000
11
Resale transaction details and prices
There were a total of 7 resale transactions in the last 3 years for units in block 62 Marine Drive, with the latest one recorded in Aug 2023.
Date
Resale
PSM
Type
Location
Floor
Fl. Area
Model
Built
117
Aug 2023
$572,000
$6,575
4 Room
Blk 62 Marine Drive 4 Room / 87 sqm
01 to 03
87 sqm
Improved
1976
Jan 2023
$550,000
$6,322
4 Room
Blk 62 Marine Drive 4 Room / 87 sqm
01 to 03
87 sqm
Improved
1976
Dec 2022
$580,000
$6,667
4 Room
Blk 62 Marine Drive 4 Room / 87 sqm
10 to 12
87 sqm
Improved
1976
Apr 2022
$565,000
$6,494
4 Room
Blk 62 Marine Drive 4 Room / 87 sqm
04 to 06
87 sqm
Improved
1976
Mar 2022
$595,000
$6,839
4 Room
Blk 62 Marine Drive 4 Room / 87 sqm
13 to 15
87 sqm
Improved
1976
Jan 2022
$495,000
$5,690
4 Room
Blk 62 Marine Drive 4 Room / 87 sqm
01 to 03
87 sqm
Improved
1976
Jan 2022
$560,000
$6,437
4 Room
Blk 62 Marine Drive 4 Room / 87 sqm
07 to 09
87 sqm
Improved
1976
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 62 Marine Drive.
4 room rental :
Trending down
Rental transactions trend
4 room rental price :
Trending up
Average rental price trend
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 Drive Gardens.
We will compare a total of 3 flat types (3 Room, 4 Room and 5 Room), across a total of 9 blocks within this HDB project/estate. Block 62 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
64
$2,538
$1,000
$3,600
42
65
$2,590
$1,700
$3,500
25
66
$2,439
$1,700
$3,600
39
67
$2,573
$1,750
$3,500
48
4 room
Block
Avg $
Min $
Max $
Units rented
60
$2,994
$2,050
$4,000
24
61
$3,076
$2,100
$4,000
17
62
$2,900
$2,100
$4,200
17
63
$3,008
$1,900
$3,900
26
5 room
Block
Avg $
Min $
Max $
Units rented
64
$3,300
$3,100
$3,500
2
71
$3,650
$2,700
$5,000
6
Rental transaction details and prices
There were a total of 17 rental transactions in the last 3 years for units in block 62 Marine Drive. The latest recorded one was in May 2024.
Date
Rental
Flat Type
Location
Town
1117
May 2024
$3,300
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Mar 2024
$3,000
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Feb 2024
$3,500
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Sep 2023
$4,000
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Aug 2023
$4,200
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Feb 2023
$3,000
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Nov 2022
$2,500
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Oct 2022
$3,900
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Aug 2022
$2,600
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Aug 2022
$3,000
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
May 2022
$2,200
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Feb 2022
$2,200
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Dec 2021
$2,600
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Nov 2021
$2,250
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Nov 2021
$2,650
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Aug 2021
$2,100
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
Aug 2021
$2,300
4 Room
Blk 62 Marine Drive 4 Room
Marine Parade
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