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Block 79 Marine Drive

5 Room · Built 1977 · 49 years remaining lease · Updated Jul 2026 MOP Cleared

Block 79 Marine Drive has 21 recorded HDB resale transactions since 2017. Latest sale: $1,100,000 (Jul 2026, 5 room, floors 16–18). Median $7,541/sqm. Prices up 21.5% over the past five years. Built 1977, 49 years lease remaining.

How this block compares

  • 5 Room$1,050,000
    +6.1%vs town(+$60k)+41.9%vs national(+$310k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$1,100,000
Jul 2026 · 5 ROOM · Floor 16-18
Median $/sqm
$7,541
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +21.5%
Median price change
Median Price ?
Top 6%
#3 / 54 Top 6%
Latest Sale ?
Top 9%
#5 / 54 Top 9%
Value ($/sqm) ?
Top 7%
#4 / 54 Top 7%
5-Year Growth ?
Top 60%
#29 / 48 Top 60%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+4%/yr
vs
Lease Decay
−0.78%/yr
Growth assumption
Based on this block’s +21.5% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 49 years remaining 99 years
49 years 7 months
Remaining lease
↓ 0.78%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.78%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Marine Parade average.

Flat type Median rent /mo Gross yield Based on
5-Room $4,100 typically $3,800–$4,400 5% Marine Parade avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 79 Marine Drive in Marine Parade, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Marine Parade
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2026 16 TO 18 5 ROOM 117 sqm $1,100,000 $9,402
May 2026 16 TO 18 5 ROOM 120 sqm $1,050,000 $8,750
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
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 79 Marine Drive

Block 79 Marine Drive is a million-dollar HDB block: a flat here has sold for as much as $1,200,000 (Apr 2025), among the rare blocks in Marine Parade to cross that mark. Its median runs about 72% above the Marine Parade median, ahead of around 96% of the town's blocks. It has a regular flow of resale activity, with 21 transactions since 2017 across 5 room flats priced from $710,000 to $1,200,000. The most recent transaction was a 5 room flat on storeys 16 TO 18 at $1,100,000 in Jul 2026, and the median works out to $7,541/sqm. Over five years, prices here are up about 21.5%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8184, an annual lease decay of about 0.78%. All transaction data is sourced from data.gov.sg and 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 $1,100,000 for a 5 room flat in 2026-07. The median price per square metre across all flat types is $7,541, based on 21 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 49 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 0.78%, meaning the leasehold value decreases by approximately 0.78% 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 21.5% over the past five years. The current median price is $895,000, with the most recent sale at $1,100,000 in 2026-07.

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