Block 71 Marine Drive
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Dec 2023 | 04 TO 06 | 5 ROOM | 123 sqm | $840,000 | $6,829 |
| Jun 2023 | 16 TO 18 | 5 ROOM | 128 sqm | $965,000 | $7,539 |
| Mar 2023 | 10 TO 12 | 5 ROOM | 126 sqm | $808,000 | $6,413 |
| Mar 2023 | 16 TO 18 | 5 ROOM | 126 sqm | $955,000 | $7,579 |
| Jan 2023 | 25 TO 27 | 5 ROOM | 126 sqm | $970,000 | $7,698 |
| Nov 2022 | 19 TO 21 | 5 ROOM | 126 sqm | $958,000 | $7,603 |
| Jun 2022 | 10 TO 12 | 5 ROOM | 128 sqm | $838,000 | $6,547 |
| May 2022 | 04 TO 06 | 5 ROOM | 128 sqm | $765,000 | $5,977 |
| May 2022 | 10 TO 12 | 5 ROOM | 126 sqm | $840,000 | $6,667 |
| Dec 2021 | 25 TO 27 | 5 ROOM | 126 sqm | $925,000 | $7,341 |
| Oct 2021 | 01 TO 03 | 5 ROOM | 126 sqm | $775,000 | $6,151 |
| Dec 2020 | 10 TO 12 | 5 ROOM | 126 sqm | $788,000 | $6,254 |
| May 2019 | 04 TO 06 | 5 ROOM | 126 sqm | $745,888 | $5,920 |
| Feb 2019 | 04 TO 06 | 5 ROOM | 126 sqm | $730,000 | $5,794 |
| Aug 2018 | 01 TO 03 | 5 ROOM | 126 sqm | $780,000 | $6,190 |
| Nov 2017 | 04 TO 06 | 5 ROOM | 126 sqm | $820,000 | $6,508 |
About Block 71 Marine Drive
Block 71 at Marine Drive is a residential HDB block in Marine Parade, Singapore, built in 1977 with approximately 52 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $730,000 to $970,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $840,000 in 2023-12. The current median price per square metre is $6,527. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8338, with an annual lease decay rate of approximately 0.70%. 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 71 Marine Drive worth?
The most recent resale transaction at Block 71 Marine Drive was $840,000 for a 5 room flat in 2023-12. The median price per square metre across all flat types is $6,527, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 71 Marine Drive?
Block 71 Marine Drive was built in 1977 and has approximately 52 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.70%, meaning the leasehold value decreases by approximately 0.70% per year at the current remaining lease.
What flat types are available at Block 71 Marine Drive?
Block 71 Marine Drive in Marine Parade contains 5 room flats. Resale prices range from $730,000 to $970,000 based on historical transaction records from data.gov.sg.