Blk 7 Marine Terrace
About 7 Marine Ter
7 Marine Terrace is an HDB block in Marine Parade. It comprises 3 room units with the highest floor being 12. 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 09 months.
Based on past transactions data, the unit floor size are 59 and 70sqm. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Aug 2024 for a 3 room unit at $480,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 7, including Ngee Ann Primary School.
Public transportation is also convenient, with several MRT stations close to 7, including Marine Terrace MRT Station (TE27). There are also 7 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $340,000 | $403,250 | $480,000 | 8 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,500 | $2,734 | $4,000 | 31 |
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 3 room units at 7 Marine Terrace.
- 3 room sales : Trending up
- 3 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 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 7 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 7 Marine Terrace, with the latest one recorded in Aug 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2024 | $480,000 | $6,857 | 3 Room | Blk 7 Marine Terrace 3 Room / 70 sqm | 01 to 03 | 70 sqm | Improved | 1975 |
| May 2024 | $418,000 | $5,971 | 3 Room | Blk 7 Marine Terrace 3 Room / 70 sqm | 04 to 06 | 70 sqm | Improved | 1975 |
| Aug 2023 | $375,000 | $6,356 | 3 Room | Blk 7 Marine Terrace 3 Room / 59 sqm | 04 to 06 | 59 sqm | Improved | 1975 |
| Aug 2023 | $340,000 | $5,763 | 3 Room | Blk 7 Marine Terrace 3 Room / 59 sqm | 01 to 03 | 59 sqm | Improved | 1975 |
| Jun 2023 | $432,000 | $6,171 | 3 Room | Blk 7 Marine Terrace 3 Room / 70 sqm | 07 to 09 | 70 sqm | Improved | 1975 |
| Feb 2023 | $428,000 | $6,114 | 3 Room | Blk 7 Marine Terrace 3 Room / 70 sqm | 07 to 09 | 70 sqm | Improved | 1975 |
| Aug 2022 | $390,000 | $6,610 | 3 Room | Blk 7 Marine Terrace 3 Room / 59 sqm | 10 to 12 | 59 sqm | Improved | 1975 |
| Mar 2022 | $363,000 | $6,153 | 3 Room | Blk 7 Marine Terrace 3 Room / 59 sqm | 04 to 06 | 59 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 3 room units at 7 Marine Terrace.
- 3 room rental : Trending up
- 3 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 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 7 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 31 rental transactions in the last 3 years for units in block 7 Marine Terrace. The latest recorded one was in Oct 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Oct 2024 | $2,700 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Oct 2024 | $3,150 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Aug 2024 | $3,400 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Aug 2024 | $3,100 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Aug 2024 | $2,600 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| May 2024 | $3,000 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| May 2024 | $2,700 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Apr 2024 | $2,800 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Feb 2024 | $3,250 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Feb 2024 | $4,000 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Jan 2024 | $1,500 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Dec 2023 | $2,700 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Nov 2023 | $2,900 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Nov 2023 | $3,000 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Sep 2023 | $3,000 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Sep 2023 | $3,500 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Aug 2023 | $3,500 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Jul 2023 | $2,800 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Apr 2023 | $1,600 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Jan 2023 | $3,500 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Jan 2023 | $2,800 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Dec 2022 | $2,700 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Nov 2022 | $2,600 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Nov 2022 | $2,500 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Sep 2022 | $2,000 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Aug 2022 | $2,700 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Jun 2022 | $2,200 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Mar 2022 | $2,200 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Mar 2022 | $2,250 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
| Jan 2022 | $1,900 | 3 Room | Blk 7 Marine Terrace 3 Room | Marine Parade |
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Property information for 7 Marine Terrace
| Block | : | 7 |
| Street | : | Marine Terrace |
| Building | : | Marine Terrace Walk |
| Postal code | : | 440007 |
| Town | : | Marine Parade |
| Recorded transactions floor area | : | 59 sqm, 70 sqm |
| Recorded transactions flat types | : | 3 Room |
| Recorded transactions flat models | : | Improved |
| Lease commencement | : | 1975 |
| Year completed | : | 1974 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
