Block 79 Marine Drive

5 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$780,000
Oct 2025 · 5 ROOM · #01-03
Median $/sqm
$7,521
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +11.9%
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 50 years remaining 99 years
50 years 3 months
Remaining lease
↓ 0.76%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.76%/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
Oct 2025 01 TO 03 5 ROOM 117 sqm $780,000 $6,667
Apr 2025 19 TO 21 5 ROOM 121 sqm $1,200,000 $9,917
Dec 2024 07 TO 09 5 ROOM 120 sqm $910,000 $7,583
Jul 2024 07 TO 09 5 ROOM 122 sqm $920,000 $7,541
May 2024 04 TO 06 5 ROOM 120 sqm $838,000 $6,983
Oct 2023 10 TO 12 5 ROOM 117 sqm $880,000 $7,521
Oct 2022 22 TO 24 5 ROOM 120 sqm $990,000 $8,250
May 2022 16 TO 18 5 ROOM 120 sqm $950,000 $7,917
Dec 2021 10 TO 12 5 ROOM 117 sqm $885,000 $7,564
Dec 2020 19 TO 21 5 ROOM 120 sqm $845,000 $7,042
Jun 2020 22 TO 24 5 ROOM 117 sqm $910,000 $7,778
Feb 2020 22 TO 24 5 ROOM 120 sqm $860,000 $7,167
Aug 2019 19 TO 21 5 ROOM 120 sqm $895,000 $7,458
Jul 2019 22 TO 24 5 ROOM 120 sqm $808,000 $6,733
Apr 2019 19 TO 21 5 ROOM 120 sqm $918,000 $7,650
Nov 2018 04 TO 06 5 ROOM 120 sqm $710,000 $5,917
Sep 2018 13 TO 15 5 ROOM 122 sqm $890,000 $7,295
Sep 2018 25 TO 27 5 ROOM 120 sqm $940,888 $7,841
Jun 2018 16 TO 18 5 ROOM 120 sqm $820,000 $6,833
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 79 Marine Drive

Block 79 at Marine Drive is a residential HDB block in Marine Parade, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $710,000 to $1,200,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $780,000 in 2025-10. The current median price per square metre is $7,521. Over the past five years, resale prices at this block have increased by approximately 11.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8225, with an annual lease decay rate of approximately 0.76%. 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 79 Marine Drive worth?

The most recent resale transaction at Block 79 Marine Drive was $780,000 for a 5 room flat in 2025-10. The median price per square metre across all flat types is $7,521, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 79 Marine Drive?

Block 79 Marine Drive was built in 1977 and has approximately 50 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.76%, meaning the leasehold value decreases by approximately 0.76% per year at the current remaining lease.

What flat types are available at Block 79 Marine Drive?

Block 79 Marine Drive in Marine Parade contains 5 room flats. Resale prices range from $710,000 to $1,200,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 79 Marine Drive gone up or down?

Resale prices at Block 79 Marine Drive have increased by approximately 11.9% over the past five years. The current median price is $890,000, with the most recent sale at $780,000 in 2025-10.

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