Block 62 Marine Drive

4 Room · Built 1976 · 49 years remaining lease MOP Cleared
Latest Sale
$666,666
Sep 2025 · 4 ROOM · #10-12
Median $/sqm
$6,322
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +28.5%
Median price change
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 49 years remaining 99 years
49 years 4 months
Remaining lease
↓ 0.79%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.79%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2025 10 TO 12 4 ROOM 87 sqm $666,666 $7,663
Feb 2025 07 TO 09 4 ROOM 87 sqm $668,000 $7,678
Feb 2025 04 TO 06 4 ROOM 87 sqm $680,000 $7,816
Jul 2024 07 TO 09 4 ROOM 87 sqm $608,000 $6,989
Aug 2023 01 TO 03 4 ROOM 87 sqm $572,000 $6,575
Jan 2023 01 TO 03 4 ROOM 87 sqm $550,000 $6,322
Dec 2022 10 TO 12 4 ROOM 87 sqm $580,000 $6,667
Apr 2022 04 TO 06 4 ROOM 87 sqm $565,000 $6,494
Mar 2022 13 TO 15 4 ROOM 87 sqm $595,000 $6,839
Jan 2022 01 TO 03 4 ROOM 87 sqm $495,000 $5,690
Jan 2022 07 TO 09 4 ROOM 87 sqm $560,000 $6,437
Apr 2021 07 TO 09 4 ROOM 87 sqm $520,000 $5,977
Oct 2020 01 TO 03 4 ROOM 87 sqm $480,000 $5,517
Jul 2020 04 TO 06 4 ROOM 87 sqm $520,000 $5,977
Feb 2020 10 TO 12 4 ROOM 87 sqm $520,000 $5,977
Oct 2019 10 TO 12 4 ROOM 87 sqm $538,000 $6,184
Jun 2019 04 TO 06 4 ROOM 87 sqm $520,000 $5,977
Mar 2019 01 TO 03 4 ROOM 87 sqm $488,000 $5,609
Oct 2018 07 TO 09 4 ROOM 87 sqm $540,000 $6,207
Mar 2018 13 TO 15 4 ROOM 87 sqm $600,000 $6,897
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 62 Marine Drive

Block 62 at Marine Drive is a residential HDB block in Marine Parade, Singapore, built in 1976 with approximately 49 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $480,000 to $680,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $666,666 in 2025-09. The current median price per square metre is $6,322. Over the past five years, resale prices at this block have increased by approximately 28.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8168, with an annual lease decay rate of approximately 0.79%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 62 Marine Drive worth?

The most recent resale transaction at Block 62 Marine Drive was $666,666 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $6,322, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 62 Marine Drive?

Block 62 Marine Drive was built in 1976 and has approximately 49 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.79%, meaning the leasehold value decreases by approximately 0.79% per year at the current remaining lease.

What flat types are available at Block 62 Marine Drive?

Block 62 Marine Drive in Marine Parade contains 4 room flats. Resale prices range from $480,000 to $680,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 62 Marine Drive gone up or down?

Resale prices at Block 62 Marine Drive have increased by approximately 28.5% over the past five years. The current median price is $550,000, with the most recent sale at $666,666 in 2025-09.

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