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Blk 78 Marine Drive

78 Marine Drive comprises 5 room HDB blocks and is located in Marine Parade. It was completed in year 1976 and the lease commenced in 1977. The remaining lease period with HDB is therefore approximately 59 years.

The highest floor for this block is 25. The unit floor size are 117, 120 and 122sqm, based on past transactions data. The latest resale transaction was in Mar 2024 and the highest transacted price was recorded in Aug 2022 for a 5 room unit at $1,028,000.

Block 78 is also well-connected to public transportation, with several MRT stations close by, including Marine Parade MRT Station (TE26) and Marine Terrace MRT Station (TE27).

There are also 2 bus stops easily accessible from this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
5 room $808,888 $908,217 $1,028,000 11

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
5 room $2,520 $3,701 $5,500 17

Below is a quick summary of the resale transactions volume and average price trends for the 5 room units at 78 Marine Drive.

  • 5 room sales : Trending down < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Resale transactions trend
  • 5 room price : Trending up
Average resale price trend

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 78 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

4 room
Block Avg $ Min $ Max $ Units sold
74 $581,000 $490,000 $680,000 6
75 $570,000 $570,000 $570,000 1
76 $582,178 $465,000 $680,000 5
5 room
Block Avg $ Min $ Max $ Units sold
72 $834,250 $733,000 $950,000 8
73 $788,400 $745,000 $900,000 5
77 $887,800 $698,000 $1,000,000 5
78 $908,217 $808,888 $1,028,000 11
79 $926,250 $880,000 $990,000 4

There were a total of 11 resale transactions in the last 3 years for units in block 78 Marine Drive, with the latest one recorded in Mar 2024.

1111
Date Resale PSM Type Location Floor Fl. Area Model Built
Mar 2024 $975,000 $8,333 5 Room Blk 78 Marine Drive 5 Room / 117 sqm 16 to 18 117 sqm Standard 1977
Nov 2023 $850,000 $7,265 5 Room Blk 78 Marine Drive 5 Room / 117 sqm 07 to 09 117 sqm Standard 1977
Aug 2023 $1,020,000 $8,500 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 13 to 15 120 sqm Standard 1977
Nov 2022 $950,000 $7,917 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 04 to 06 120 sqm Standard 1977
Aug 2022 $1,028,000 $8,567 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 16 to 18 120 sqm Standard 1977
Jul 2022 $812,500 $6,660 5 Room Blk 78 Marine Drive 5 Room / 122 sqm 04 to 06 122 sqm Standard 1977
Dec 2021 $908,000 $7,567 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 25 to 27 120 sqm Standard 1977
Nov 2021 $808,888 $6,741 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 04 to 06 120 sqm Standard 1977
Oct 2021 $850,000 $7,083 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 10 to 12 120 sqm Standard 1977
Oct 2021 $893,000 $7,442 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 10 to 12 120 sqm Standard 1977
Jun 2021 $895,000 $7,458 5 Room Blk 78 Marine Drive 5 Room / 120 sqm 13 to 15 120 sqm Standard 1977

Here's a summary of the rental transactions and price trends for the 5 room units at 78 Marine Drive.

  • 5 room rental : Trending down < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Rental transactions trend
  • 5 room rental price : Trending up
Average rental price trend

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 78 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

4 room
Block Avg $ Min $ Max $ Units rented
74 $3,036 $2,200 $4,200 11
75 $2,926 $1,800 $4,000 24
76 $2,810 $1,800 $4,000 29
5 room
Block Avg $ Min $ Max $ Units rented
72 $3,480 $2,900 $4,300 5
73 $4,033 $3,000 $5,300 3
77 $3,565 $2,750 $4,700 10
78 $3,701 $2,520 $5,500 17
79 $3,133 $2,050 $4,500 12

There were a total of 17 rental transactions in the last 3 years for units in block 78 Marine Drive. The latest recorded one was in Feb 2024.

1117
Date Rental Flat Type Location Town
Feb 2024 $3,000 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Jan 2024 $4,000 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Jan 2024 $3,600 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Nov 2023 $4,500 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Jun 2023 $5,300 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Jan 2023 $4,300 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Jan 2023 $3,300 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Dec 2022 $5,000 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Nov 2022 $5,500 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Nov 2022 $3,000 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Aug 2022 $3,000 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Aug 2022 $3,700 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Jan 2022 $3,000 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Jan 2022 $3,300 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Nov 2021 $2,520 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Nov 2021 $2,900 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Aug 2021 $3,000 5 Room Blk 78 Marine Drive 5 Room Marine Parade
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78 Marine Drive

Block : 78
Street : Marine Drive
Building : Marine Drive View
Postal code : 440078
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 : 1976
Max. Floor : 25
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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