Blk 72 Marine Drive
About 72 Marine Dr
72 Marine Drive is an HDB block located in Marine Parade. It has 5 room units and the highest floor is 25. The block was completed in 1975 and the lease with HDB commenced in 1977. This means that the remaining lease period is approximately 58 years 11 months. The unit floor size are 117, 120 and 122sqm. The latest resale transaction was in Aug 2023 and the highest transacted price was recorded in Jan 2022 for a 5 room unit at $950,000.
There are several primary schools located within 1km of block 72, including Tanjong Katong Primary School.
Block 72 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 7 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 5 room | $760,000 | $862,400 | $950,000 | 5 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 5 room | $2,900 | $3,625 | $4,300 | 4 |
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 72 Marine Drive.
- 5 room sales : Trending down
- 5 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 Drive View. We will compare a total of 2 flat types (4 Room and 5 Room), across a total of 8 blocks within this HDB project/estate. Block 72 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 74 | $581,000 | $490,000 | $680,000 | 6 |
| 75 | $614,000 | $558,000 | $675,000 | 4 |
| 76 | $610,270 | $465,000 | $701,000 | 7 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 72 | $862,400 | $760,000 | $950,000 | 5 |
| 73 | $796,667 | $745,000 | $890,000 | 3 |
| 77 | $937,000 | $860,000 | $1,000,000 | 4 |
| 78 | $909,539 | $808,888 | $1,028,000 | 10 |
| 79 | $910,500 | $838,000 | $990,000 | 6 |
Resale transaction details and prices
There were a total of 5 resale transactions in the last 3 years for units in block 72 Marine Drive, with the latest one recorded in Aug 2023.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2023 | $760,000 | $6,496 | 5 Room | Blk 72 Marine Drive 5 Room / 117 sqm | 04 to 06 | 117 sqm | Standard | 1977 |
| Nov 2022 | $942,000 | $7,850 | 5 Room | Blk 72 Marine Drive 5 Room / 120 sqm | 07 to 09 | 120 sqm | Standard | 1977 |
| Feb 2022 | $760,000 | $6,333 | 5 Room | Blk 72 Marine Drive 5 Room / 120 sqm | 04 to 06 | 120 sqm | Standard | 1977 |
| Feb 2022 | $900,000 | $7,500 | 5 Room | Blk 72 Marine Drive 5 Room / 120 sqm | 10 to 12 | 120 sqm | Standard | 1977 |
| Jan 2022 | $950,000 | $7,917 | 5 Room | Blk 72 Marine Drive 5 Room / 120 sqm | 13 to 15 | 120 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 72 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 View. We will compare a total of 2 flat types (4 Room and 5 Room), across a total of 8 blocks within this HDB project/estate. Block 72 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 |
|---|---|---|---|---|
| 74 | $3,227 | $2,450 | $4,200 | 15 |
| 75 | $3,153 | $1,800 | $4,000 | 20 |
| 76 | $2,854 | $1,800 | $4,000 | 27 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 72 | $3,625 | $2,900 | $4,300 | 4 |
| 73 | $4,033 | $3,000 | $5,300 | 3 |
| 77 | $3,767 | $3,000 | $4,700 | 9 |
| 78 | $3,901 | $2,520 | $5,500 | 21 |
| 79 | $3,611 | $2,700 | $4,600 | 9 |
Rental transaction details and prices
There were a total of 4 rental transactions in the last 3 years for units in block 72 Marine Drive. The latest recorded one was in Nov 2023.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Nov 2023 | $4,000 | 5 Room | Blk 72 Marine Drive 5 Room | Marine Parade |
| Jul 2023 | $4,300 | 5 Room | Blk 72 Marine Drive 5 Room | Marine Parade |
| Nov 2022 | $3,300 | 5 Room | Blk 72 Marine Drive 5 Room | Marine Parade |
| Nov 2021 | $2,900 | 5 Room | Blk 72 Marine Drive 5 Room | Marine Parade |
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Property information for 72 Marine Drive
| Block | : | 72 |
| Street | : | Marine Drive |
| Building | : | Marine Drive View |
| Postal code | : | 440072 |
| Town | : | Marine Parade |
| Recorded transactions floor area | : | 117 sqm, 120 sqm, 122 sqm |
| Recorded transactions flat types | : | 5 Room |
| Recorded transactions flat models | : | Standard |
| Lease commencement | : | 1977 |
| Year completed | : | 1975 |
| Max. Floor | : | 25 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |