Block 74 Marine Drive

4 Room · Built 1976 · 50 years remaining lease MOP Cleared
Latest Sale
$665,000
Dec 2024 · 4 ROOM · #04-06
Median $/sqm
$6,707
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
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Insufficient data
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 50 years remaining 99 years
50 years 7 months
Remaining lease
↓ 0.74%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.74%/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
Dec 2024 04 TO 06 4 ROOM 82 sqm $665,000 $8,110
Dec 2023 04 TO 06 4 ROOM 82 sqm $608,000 $7,415
Oct 2023 13 TO 15 4 ROOM 82 sqm $680,000 $8,293
Oct 2022 07 TO 09 4 ROOM 82 sqm $618,000 $7,537
Sep 2022 10 TO 12 4 ROOM 82 sqm $560,000 $6,829
Jun 2022 13 TO 15 4 ROOM 82 sqm $490,000 $5,976
Apr 2022 07 TO 09 4 ROOM 82 sqm $530,000 $6,463
Nov 2020 01 TO 03 4 ROOM 82 sqm $420,000 $5,122
Nov 2019 04 TO 06 4 ROOM 82 sqm $445,000 $5,427
Jul 2019 10 TO 12 4 ROOM 82 sqm $490,000 $5,976
Jul 2018 10 TO 12 4 ROOM 82 sqm $565,000 $6,890
Mar 2018 04 TO 06 4 ROOM 82 sqm $528,888 $6,450
Apr 2017 04 TO 06 4 ROOM 82 sqm $550,000 $6,707
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 74 Marine Drive

Block 74 at Marine Drive is a residential HDB block in Marine Parade, Singapore, built in 1976 with approximately 50 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $420,000 to $680,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $665,000 in 2024-12. The current median price per square metre is $6,707. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8245, with an annual lease decay rate of approximately 0.74%. 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 74 Marine Drive worth?

The most recent resale transaction at Block 74 Marine Drive was $665,000 for a 4 room flat in 2024-12. The median price per square metre across all flat types is $6,707, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 74 Marine Drive?

Block 74 Marine Drive was built in 1976 and has approximately 50 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.74%, meaning the leasehold value decreases by approximately 0.74% per year at the current remaining lease.

What flat types are available at Block 74 Marine Drive?

Block 74 Marine Drive in Marine Parade contains 4 room flats. Resale prices range from $420,000 to $680,000 based on historical transaction records from data.gov.sg.

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