Blk 71 Marine Drive
About 71 Marine Dr
Block 71 Marine Drive, Singapore 440071, is an HDB block located in Marine Parade and which comprises 5 room units. The highest floor for this block is 25. It was completed in the year 1975 and lease with HDB commenced in the year 1977. Remaining lease period is approximately 58 years 02 months.
Based on our past transactions data, the unit floor size are 123, 126 and 128 sqm.
The latest resale transaction was in Dec 2023 while the highest transacted price was recorded in Jan 2023 for a 5 room unit at $970,000.
Primary schools located within 1km radius of 71 Marine Drive include Ngee Ann Primary School and Tanjong Katong Primary School.
In terms of accessibility to public transportation, 71 Marine Drive is also close by to the Marine Parade MRT Station (TE26) and 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 |
|---|---|---|---|---|
| 5 room | $765,000 | $876,273 | $970,000 | 11 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 5 room | $2,700 | $3,650 | $5,000 | 6 |
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 5 room units at 71 Marine Drive.
- 5 room sales : Stable or no visible trend
- 5 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 71 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| 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 |
| 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 |
| 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 11 resale transactions in the last 3 years for units in block 71 Marine Drive, with the latest one recorded in Dec 2023.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Dec 2023 | $840,000 | $6,829 | 5 Room | Blk 71 Marine Drive 5 Room / 123 sqm | 04 to 06 | 123 sqm | Standard | 1977 |
| Jun 2023 | $965,000 | $7,539 | 5 Room | Blk 71 Marine Drive 5 Room / 128 sqm | 16 to 18 | 128 sqm | Standard | 1977 |
| Mar 2023 | $955,000 | $7,579 | 5 Room | Blk 71 Marine Drive 5 Room / 126 sqm | 16 to 18 | 126 sqm | Standard | 1977 |
| Mar 2023 | $808,000 | $6,413 | 5 Room | Blk 71 Marine Drive 5 Room / 126 sqm | 10 to 12 | 126 sqm | Standard | 1977 |
| Jan 2023 | $970,000 | $7,698 | 5 Room | Blk 71 Marine Drive 5 Room / 126 sqm | 25 to 27 | 126 sqm | Standard | 1977 |
| Nov 2022 | $958,000 | $7,603 | 5 Room | Blk 71 Marine Drive 5 Room / 126 sqm | 19 to 21 | 126 sqm | Standard | 1977 |
| Jun 2022 | $838,000 | $6,547 | 5 Room | Blk 71 Marine Drive 5 Room / 128 sqm | 10 to 12 | 128 sqm | Standard | 1977 |
| May 2022 | $765,000 | $5,977 | 5 Room | Blk 71 Marine Drive 5 Room / 128 sqm | 04 to 06 | 128 sqm | Standard | 1977 |
| May 2022 | $840,000 | $6,667 | 5 Room | Blk 71 Marine Drive 5 Room / 126 sqm | 10 to 12 | 126 sqm | Standard | 1977 |
| Dec 2021 | $925,000 | $7,341 | 5 Room | Blk 71 Marine Drive 5 Room / 126 sqm | 25 to 27 | 126 sqm | Standard | 1977 |
| Oct 2021 | $775,000 | $6,151 | 5 Room | Blk 71 Marine Drive 5 Room / 126 sqm | 01 to 03 | 126 sqm | Standard | 1977 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 5 room units at 71 Marine Drive.
- 5 room rental : Stable trend
- 5 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 71 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 |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 6 rental transactions in the last 3 years for units in block 71 Marine Drive. The latest recorded one was in Feb 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Feb 2024 | $3,900 | 5 Room | Blk 71 Marine Drive 5 Room | Marine Parade |
| Nov 2023 | $4,300 | 5 Room | Blk 71 Marine Drive 5 Room | Marine Parade |
| Sep 2023 | $3,100 | 5 Room | Blk 71 Marine Drive 5 Room | Marine Parade |
| Mar 2023 | $5,000 | 5 Room | Blk 71 Marine Drive 5 Room | Marine Parade |
| Mar 2022 | $2,700 | 5 Room | Blk 71 Marine Drive 5 Room | Marine Parade |
| Aug 2021 | $2,900 | 5 Room | Blk 71 Marine Drive 5 Room | Marine Parade |
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Property information for 71 Marine Drive
| Block | : | 71 |
| Street | : | Marine Drive |
| Building | : | Marine Drive Gardens |
| Postal code | : | 440071 |
| Town | : | Marine Parade |
| Recorded transactions floor area | : | 123 sqm, 126 sqm, 128 sqm |
| Recorded transactions flat types | : | 5 Room |
| Recorded transactions flat models | : | Standard |
| Lease commencement | : | 1977 |
| Year completed | : | 1975 |
| Max. Floor | : | 25 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |