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Blk 8 Marine Terrace

8 Marine Terrace comprises 3 room HDB blocks and is located in Marine Parade. It was completed in year 1974 and the lease commenced in 1975. The remaining lease period with HDB is therefore approximately 56 years 09 months.

The highest floor for this block is 12. The unit floor size are 65 and 76sqm, based on past transactions data. The latest resale transaction was in Sep 2024 and the highest transacted price was recorded in Aug 2023 for a 3 room unit at $520,000.

In terms of accessibility to schools, there are several primary schools located within 1km of block 8, including Ngee Ann Primary School.

Block 8 is also well-connected to public transportation, with several MRT stations close by, including Marine Terrace MRT Station (TE27).

There are also 9 bus stops easily accessible from this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
3 room $372,000 $450,318 $520,000 11

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
3 room $1,700 $2,435 $3,600 31

Below is a quick summary of the resale transactions volume and average price trends for the 3 room units at 8 Marine Terrace.

  • 3 room sales : Stable or no visible trend
Resale transactions trend
  • 3 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 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 8 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

3 room
Block Avg $ Min $ Max $ Units sold
5 $405,286 $355,000 $435,000 7
6 $411,933 $312,000 $508,000 15
7 $403,250 $340,000 $480,000 8
8 $450,318 $372,000 $520,000 11
5 room
Block Avg $ Min $ Max $ Units sold
1 $915,600 $753,000 $1,080,000 5
2 $877,000 $800,000 $980,000 5
3 $808,778 $645,888 $938,000 5
6 $1,038,888 $1,038,888 $1,038,888 1

There were a total of 11 resale transactions in the last 3 years for units in block 8 Marine Terrace, with the latest one recorded in Sep 2024.

1111
Date Resale PSM Type Location Floor Fl. Area Model Built
Sep 2024 $480,000 $6,316 3 Room Blk 8 Marine Terrace 3 Room / 76 sqm 01 to 03 76 sqm Improved 1975
Jun 2024 $500,000 $6,579 3 Room Blk 8 Marine Terrace 3 Room / 76 sqm 07 to 09 76 sqm Improved 1975
Feb 2024 $455,000 $7,000 3 Room Blk 8 Marine Terrace 3 Room / 65 sqm 07 to 09 65 sqm Improved 1975
Jan 2024 $435,000 $6,692 3 Room Blk 8 Marine Terrace 3 Room / 65 sqm 07 to 09 65 sqm Improved 1975
Aug 2023 $520,000 $6,842 3 Room Blk 8 Marine Terrace 3 Room / 76 sqm 10 to 12 76 sqm Improved 1975
Jul 2023 $485,500 $6,388 3 Room Blk 8 Marine Terrace 3 Room / 76 sqm 04 to 06 76 sqm Improved 1975
Jan 2023 $480,000 $6,316 3 Room Blk 8 Marine Terrace 3 Room / 76 sqm 10 to 12 76 sqm Improved 1975
Oct 2022 $386,000 $5,938 3 Room Blk 8 Marine Terrace 3 Room / 65 sqm 01 to 03 65 sqm Improved 1975
Aug 2022 $400,000 $6,154 3 Room Blk 8 Marine Terrace 3 Room / 65 sqm 10 to 12 65 sqm Improved 1975
Apr 2022 $440,000 $5,789 3 Room Blk 8 Marine Terrace 3 Room / 76 sqm 04 to 06 76 sqm Improved 1975
Feb 2022 $372,000 $5,723 3 Room Blk 8 Marine Terrace 3 Room / 65 sqm 04 to 06 65 sqm Improved 1975

Here's a summary of the rental transactions and price trends for the 3 room units at 8 Marine Terrace.

  • 3 room rental : Trending down < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Rental transactions trend
  • 3 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 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 8 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

3 room
Block Avg $ Min $ Max $ Units rented
5 $2,574 $1,800 $3,500 43
6 $2,614 $1,000 $3,900 35
7 $2,750 $1,500 $4,000 31
8 $2,435 $1,700 $3,600 31
5 room
Block Avg $ Min $ Max $ Units rented
1 $4,100 $3,400 $4,800 2
2 $3,321 $2,000 $4,700 17
3 $3,300 $2,600 $4,600 9

There were a total of 31 rental transactions in the last 3 years for units in block 8 Marine Terrace. The latest recorded one was in Oct 2024.

1231
Date Rental Flat Type Location Town
Oct 2024 $2,600 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Sep 2024 $3,600 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Sep 2024 $2,200 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Aug 2024 $3,000 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Aug 2024 $2,300 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jun 2024 $2,200 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
May 2024 $2,600 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Mar 2024 $2,350 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jan 2024 $2,800 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jan 2024 $2,100 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Dec 2023 $3,000 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Dec 2023 $3,000 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Dec 2023 $2,650 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Nov 2023 $3,200 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Oct 2023 $1,700 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jul 2023 $2,200 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
May 2023 $2,300 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Apr 2023 $2,200 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jan 2023 $2,000 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jan 2023 $2,900 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jan 2023 $2,100 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jan 2023 $2,600 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Nov 2022 $3,200 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Jul 2022 $2,000 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
May 2022 $2,000 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Apr 2022 $1,800 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Mar 2022 $2,600 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Mar 2022 $2,000 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Mar 2022 $2,400 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
Feb 2022 $1,900 3 Room Blk 8 Marine Terrace 3 Room Marine Parade
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8 Marine Terrace

Block : 8
Street : Marine Terrace
Building : Marine Terrace Walk
Postal code : 440008
Town : Marine Parade
Recorded transactions floor area : 65 sqm, 76 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
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