Blk 62 Marine Drive
About 62 Marine Dr
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 Jul 2024 and the highest transacted price was recorded in Jul 2024 for a 4 room unit at $608,000.
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 | $565,625 | $608,000 | 8 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,200 | $3,143 | $4,200 | 15 |
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
- 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 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.
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 62 Marine Drive, with the latest one recorded in Jul 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jul 2024 | $608,000 | $6,989 | 4 Room | Blk 62 Marine Drive 4 Room / 87 sqm | 07 to 09 | 87 sqm | Improved | 1976 |
| 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
- 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 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.
Rental transaction details and prices
There were a total of 15 rental transactions in the last 3 years for units in block 62 Marine Drive. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $3,900 | 4 Room | Blk 62 Marine Drive 4 Room | Marine Parade |
| Jun 2024 | $3,250 | 4 Room | Blk 62 Marine Drive 4 Room | Marine Parade |
| 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 | $3,000 | 4 Room | Blk 62 Marine Drive 4 Room | Marine Parade |
| Aug 2022 | $2,600 | 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 |
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Property information for 62 Marine Drive
| Block | : | 62 |
| Street | : | Marine Drive |
| Building | : | Marine Drive Gardens |
| Postal code | : | 440062 |
| Town | : | Marine Parade |
| Recorded transactions floor area | : | 87 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Improved |
| Lease commencement | : | 1976 |
| Year completed | : | 1975 |
| Max. Floor | : | 14 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
