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Marine Parade HDB Price Trends

Marine Parade, located in the East Region of Singapore, is a well-established housing estate that offers a diverse range of public and private housing options for its residents. The area is known for its vibrant and bustling lifestyle, as well as its beautiful coastline, making it an attractive place to live for families, young professionals, and retirees.

The Housing Development Board (HDB) provides a range of public housing options in Marine Parade, including 3-room, 4-room, and 5-room flats. These HDB flats are located in close proximity to a variety of amenities such as schools, community centres, and markets, providing residents with ease of access and convenience. The area is also known for its private housing options, which include condominiums, landed properties, and penthouses. Some popular private condominiums in the area include The Seaview, The Shore Residences, and Parc Esta.

Marine Parade is home to several shopping malls that cater to the needs of its residents. One of the most prominent shopping malls in the area is Parkway Parade, which offers a wide variety of retail shops, restaurants, and entertainment options. Other nearby malls include Katong Shopping Centre, Katong V, and I12 Katong. These malls provide a diverse range of shopping and dining options for residents, ensuring that they never run out of things to do or places to go.

Hawker centres are a vital part of Singapore's food culture, and Marine Parade is no exception. The area is well-known for its delicious local cuisine, and residents can indulge in a variety of hawker foods at hawker centres such as Marine Parade Central Market and Food Centre, Haig Road Market and Cooked Food Centre, and Old Airport Road Food Centre. These hawker centres are popular spots for affordable and delicious meals, and they offer a unique cultural experience.

For residents who prefer cooking at home, there are also markets and supermarkets in Marine Parade. The Marine Terrace Market and Food Centre, and Katong Market and Food Centre offer fresh produce, meats, and seafood, while supermarkets like Cold Storage and NTUC FairPrice provide a wide range of groceries and household items.

Marine Parade is also home to several community centres that offer a variety of recreational activities and facilities for residents of all ages. For instance, Marine Parade Community Club and Joo Chiat Community Club provide spaces for sports, arts, and social activities, fostering a sense of community among the residents.

Nature lovers can also enjoy the parks in Marine Parade. The East Coast Park, located along the coast of Marine Parade, offers a peaceful green space for residents to jog, cycle, or simply relax amidst lush greenery. Other parks in the area include Telok Kurau Park and Marine Parade Promenade, providing more options for outdoor activities and leisure.

In terms of accessibility, Marine Parade enjoys excellent connectivity to other parts of Singapore. The area is well-served by public transportation, with several MRT stations nearby, including Eunos MRT, Paya Lebar MRT, and Dakota MRT. These MRT stations provide convenient access to various parts of Singapore, making commuting a breeze for residents. Marine Parade is also well-connected by major roads and expressways such as the East Coast Parkway (ECP) and the Pan Island Expressway (PIE), providing residents with easy access to other parts of Singapore.

Overall, Marine Parade offers a diverse range of public and private housing options, as well as a variety of amenities that cater to the needs of its residents. With its vibrant lifestyle, beautiful coastline, and convenient accessibility, Marine Parade is a great place to call home.

Marine Parade comprises 2 room, 3 room, 4 room and 5 room HDB units. Shown below are the transactions volume trend summary and graph, broken down by month.

Marine Parade resale transactions trend

Resale volume summary

Type Trend
2 Room
3 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
4 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
5 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>

In the last 3 years, the average monthly transacted resale price trend for 2 room, 3 room, 4 room and 5 room units in Marine Parade has been summarised as shown below.

Average resale price trend for Marine Parade

Resale price summary

Type Trend
2 Room
3 Room
4 Room
5 Room

Displayed in the figure below are the low-high transacted price ranges for each of the flat types in Marine Parade. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average price is calculated based on all the transaction records collated for each flat type for Marine Parade, for the selected period (last 3 years).

High / low / average resale price range for Marine Parade
High / low / average price summary
Type Max $ Avg $ Min $
2 room $270,000 $267,500 $265,000
3 room $590,000 $421,419 $312,000
4 room $680,000 $541,306 $410,000
5 room $1,080,000 $849,318 $645,888

Here, we broke down the transacted prices (low, average and high) and the units sold over the last 3 years, and grouped by flat type and age of the properties for a comparison.

2 room
Avg $ Min $ Max $ Units sold Age
$267,500 $265,000 $270,000 2 46 to 50
3 room
Avg $ Min $ Max $ Units sold Age
$421,419 $312,000 $590,000 242 46 to 50
4 room
Avg $ Min $ Max $ Units sold Age
$541,306 $410,000 $680,000 122 46 to 50
5 room
Avg $ Min $ Max $ Units sold Age
$849,318 $645,888 $1,080,000 153 46 to 50

Here's a view of the transactional data collated. For Marine Parade, there were a total of 519 HDB resale transactions in the last 3 years, with the latest one recorded in May 2024.

118519
Date Resale PSM Type Location Floor Fl. Area Model Built
May 2024 $558,000 $6,805 4 Room Blk 75 Marine Drive 4 Room / 82 sqm 04 to 06 82 sqm Improved 1976
May 2024 $405,000 $6,231 3 Room Blk 47 Marine Crescent 3 Room / 65 sqm 04 to 06 65 sqm Improved 1975
May 2024 $800,000 $6,667 5 Room Blk 2 Marine Terrace 5 Room / 120 sqm 04 to 06 120 sqm Standard 1975
May 2024 $500,000 $6,098 4 Room Blk 35 Marine Crescent 4 Room / 82 sqm 04 to 06 82 sqm Improved 1975
May 2024 $540,000 $6,136 4 Room Blk 19 Marine Terrace 4 Room / 88 sqm 01 to 03 88 sqm Improved 1975
May 2024 $270,000 $6,429 2 Room Blk 16 Marine Terrace 2 Room / 42 sqm 07 to 09 42 sqm Improved 1975
May 2024 $515,000 $6,280 4 Room Blk 17 Marine Terrace 4 Room / 82 sqm 04 to 06 82 sqm Improved 1975
May 2024 $880,888 $7,162 5 Room Blk 28 Marine Crescent 5 Room / 123 sqm 19 to 21 123 sqm Standard 1975
May 2024 $418,000 $5,971 3 Room Blk 7 Marine Terrace 3 Room / 70 sqm 04 to 06 70 sqm Improved 1975
May 2024 $838,000 $6,983 5 Room Blk 79 Marine Drive 5 Room / 120 sqm 04 to 06 120 sqm Standard 1977
May 2024 $523,000 $5,943 4 Room Blk 18 Marine Terrace 4 Room / 88 sqm 01 to 03 88 sqm Improved 1975
May 2024 $412,000 $6,338 3 Room Blk 65 Marine Drive 3 Room / 65 sqm 07 to 09 65 sqm Improved 1976
May 2024 $430,000 $6,615 3 Room Blk 31 Marine Crescent 3 Room / 65 sqm 04 to 06 65 sqm Improved 1975
Apr 2024 $448,000 $6,892 3 Room Blk 46 Marine Crescent 3 Room / 65 sqm 10 to 12 65 sqm Improved 1975
Apr 2024 $675,000 $8,232 4 Room Blk 75 Marine Drive 4 Room / 82 sqm 07 to 09 82 sqm Improved 1976
Apr 2024 $515,000 $5,852 4 Room Blk 45 Marine Crescent 4 Room / 88 sqm 04 to 06 88 sqm Improved 1975
Apr 2024 $430,000 $6,615 3 Room Blk 66 Marine Drive 3 Room / 65 sqm 07 to 09 65 sqm Improved 1976
Apr 2024 $572,888 $6,510 4 Room Blk 54 Marine Terrace 4 Room / 88 sqm 07 to 09 88 sqm Improved 1975
Apr 2024 $918,000 $7,525 5 Room Blk 12 Marine Terrace 5 Room / 122 sqm 16 to 18 122 sqm Standard 1975
Apr 2024 $510,000 $5,795 4 Room Blk 18 Marine Terrace 4 Room / 88 sqm 01 to 03 88 sqm Improved 1975
Apr 2024 $565,000 $7,434 3 Room Blk 33 Marine Crescent 3 Room / 76 sqm 10 to 12 76 sqm Improved 1975
Apr 2024 $580,000 $6,591 4 Room Blk 45 Marine Crescent 4 Room / 88 sqm 07 to 09 88 sqm Improved 1975
Mar 2024 $470,000 $7,231 3 Room Blk 67 Marine Drive 3 Room / 65 sqm 13 to 15 65 sqm Improved 1976
Mar 2024 $975,000 $8,333 5 Room Blk 78 Marine Drive 5 Room / 117 sqm 16 to 18 117 sqm Standard 1977
Mar 2024 $396,888 $6,106 3 Room Blk 59 Marine Terrace 3 Room / 65 sqm 04 to 06 65 sqm Improved 1975
Mar 2024 $880,000 $7,333 5 Room Blk 3 Marine Terrace 5 Room / 120 sqm 07 to 09 120 sqm Standard 1975
Mar 2024 $490,000 $5,976 4 Room Blk 17 Marine Terrace 4 Room / 82 sqm 04 to 06 82 sqm Improved 1975
Mar 2024 $528,000 $6,000 4 Room Blk 18 Marine Terrace 4 Room / 88 sqm 04 to 06 88 sqm Improved 1975
Mar 2024 $560,000 $6,829 4 Room Blk 17 Marine Terrace 4 Room / 82 sqm 07 to 09 82 sqm Improved 1975
Feb 2024 $560,000 $7,368 3 Room Blk 32 Marine Crescent 3 Room / 76 sqm 13 to 15 76 sqm Improved 1975

The chart for the rental transactions trend is shown below, with the overall trend summarised.

Rental transactions trend for Marine Parade

Rental volume summary

Type Trend
2 room
3 room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
4 room
5 room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>

We show in this graph the average monthly rental price trend for each of the 2 room, 3 room, 4 room and 5 room units in Marine Parade, for the last 3 years.

Average rental price trend for Marine Parade

Rental price summary

Type Trend
2 room
3 room
4 room
5 room

Displayed below are the low-high rental price ranges for each of the flat types in Marine Parade. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average rental price is calculated based on all the rental transaction records collated for each flat type for the selected period (last 3 years).

High / low / average rental price range for Marine Parade
High / low / average rental summary
Type Max $ Avg $ Min $
2 room $1,400 $1,400 $1,400
3 room $4,000 $2,439 $800
4 room $4,900 $2,869 $950
5 room $5,500 $3,379 $1,700

Below are the transactional data collated for Marine Parade. There were a total of 519 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Apr 2024.

1391160
Date Rental Flat Type Location Town
Apr 2024 $3,400 3 Room Blk 31 Marine Crescent 3 Room Marine Parade
Apr 2024 $3,000 3 Room Blk 67 Marine Drive 3 Room Marine Parade
Apr 2024 $2,600 3 Room Blk 58 Marine Terrace 3 Room Marine Parade
Apr 2024 $3,150 4 Room Blk 18 Marine Terrace 4 Room Marine Parade
Apr 2024 $3,300 3 Room Blk 5 Marine Terrace 3 Room Marine Parade
Apr 2024 $3,600 4 Room Blk 75 Marine Drive 4 Room Marine Parade
Apr 2024 $3,600 3 Room Blk 64 Marine Drive 3 Room Marine Parade
Apr 2024 $2,800 3 Room Blk 7 Marine Terrace 3 Room Marine Parade
Apr 2024 $3,000 3 Room Blk 65 Marine Drive 3 Room Marine Parade
Apr 2024 $3,000 3 Room Blk 31 Marine Crescent 3 Room Marine Parade
Apr 2024 $2,800 3 Room Blk 5 Marine Terrace 3 Room Marine Parade
Apr 2024 $2,800 4 Room Blk 63 Marine Drive 4 Room Marine Parade
Apr 2024 $3,500 4 Room Blk 74 Marine Drive 4 Room Marine Parade
Apr 2024 $2,900 3 Room Blk 66 Marine Drive 3 Room Marine Parade
Apr 2024 $3,000 4 Room Blk 61 Marine Drive 4 Room Marine Parade
Apr 2024 $3,100 3 Room Blk 5 Marine Terrace 3 Room Marine Parade
Apr 2024 $2,500 3 Room Blk 33 Marine Crescent 3 Room Marine Parade
Apr 2024 $2,800 3 Room Blk 5 Marine Terrace 3 Room Marine Parade
Apr 2024 $3,200 3 Room Blk 57 Marine Terrace 3 Room Marine Parade
Apr 2024 $3,500 4 Room Blk 60 Marine Drive 4 Room Marine Parade
Apr 2024 $2,250 4 Room Blk 45 Marine Crescent 4 Room Marine Parade
Apr 2024 $2,850 4 Room Blk 54 Marine Terrace 4 Room Marine Parade
Apr 2024 $3,500 4 Room Blk 45 Marine Crescent 4 Room Marine Parade
Apr 2024 $3,500 5 Room Blk 78 Marine Drive 5 Room Marine Parade
Apr 2024 $3,400 3 Room Blk 67 Marine Drive 3 Room Marine Parade
Apr 2024 $850 3 Room Blk 59 Marine Terrace 3 Room Marine Parade
Apr 2024 $3,400 4 Room Blk 61 Marine Drive 4 Room Marine Parade
Apr 2024 $3,500 3 Room Blk 33 Marine Crescent 3 Room Marine Parade
Apr 2024 $3,000 3 Room Blk 4 Marine Terrace 3 Room Marine Parade
Apr 2024 $3,000 3 Room Blk 31 Marine Crescent 3 Room Marine Parade
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