Block 71 Marine Drive
Block 71 Marine Drive has 16 recorded HDB resale transactions since 2017. Latest sale: $840,000 (Dec 2023, 5 room, floors 04–06). Median $6,527/sqm. Built 1977, 52 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 5-Room | $4,200 typically $4,050–$4,200 | — | 5 rentals here |
This block is inside the 1 km Primary 1 priority zone for 4 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 71 Marine Drive in Marine Parade, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| 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 Marine Drive in Marine Parade dates to 1977 and now has roughly 52 years of lease remaining, which makes lease decay the central consideration for buyers. Its median runs about 59% above the Marine Parade median, ahead of around 83% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 5 room flats priced from $730,000 to $970,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $840,000 in Dec 2023, and the median works out to $6,527/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 8% above the 04 TO 06 band. All transaction data is sourced from data.gov.sg and 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.