Blk 78 Marine Drive
About 78 Marine Dr
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 | $3,690 | $5,500 | 18 |
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 78 Marine Drive.
- 5 room sales : Trending down
- 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 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.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 74 | $581,000 | $490,000 | $680,000 | 6 |
| 75 | $601,000 | $558,000 | $675,000 | 3 |
| 76 | $582,178 | $465,000 | $680,000 | 5 |
| 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 |
Resale transaction details and prices
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.
| 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 |
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 78 Marine Drive.
- 5 room rental : Trending down
- 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 78 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 | $3,075 | $2,200 | $4,200 | 12 |
| 75 | $2,986 | $1,800 | $4,000 | 24 |
| 76 | $2,810 | $1,800 | $4,000 | 29 |
| 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 | $3,690 | $2,520 | $5,500 | 18 |
| 79 | $3,200 | $2,050 | $4,500 | 10 |
Rental transaction details and prices
There were a total of 18 rental transactions in the last 3 years for units in block 78 Marine Drive. The latest recorded one was in Apr 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2024 | $3,500 | 5 Room | Blk 78 Marine Drive 5 Room | Marine Parade |
| 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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Property information for 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 |