Block 81 Marine Parade Central

3 Room · Built 1978 · 54 years remaining lease MOP Cleared
Latest Sale
$378,000
Nov 2022 · 3 ROOM · #01-03
Median $/sqm
$5,727
Based on 1 transactions
Total Transactions
1
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 54 years remaining 99 years
54 years 7 months
Remaining lease
↓ 0.63%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.63%/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
Nov 2022 01 TO 03 3 ROOM 66 sqm $378,000 $5,727
Showing 1 of 1 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 81 Marine Parade Central

Block 81 at Marine Parade Central is a residential HDB block in Marine Parade, Singapore, built in 1978 with approximately 54 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $378,000 to $378,000 based on 1 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $378,000 in 2022-11. The current median price per square metre is $5,727. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8471, with an annual lease decay rate of approximately 0.63%. 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 81 Marine Parade Central worth?

The most recent resale transaction at Block 81 Marine Parade Central was $378,000 for a 3 room flat in 2022-11. The median price per square metre across all flat types is $5,727, based on 1 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 81 Marine Parade Central?

Block 81 Marine Parade Central was built in 1978 and has approximately 54 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 0.63%, meaning the leasehold value decreases by approximately 0.63% per year at the current remaining lease.

What flat types are available at Block 81 Marine Parade Central?

Block 81 Marine Parade Central in Marine Parade contains 3 room flats. Resale prices range from $378,000 to $378,000 based on historical transaction records from data.gov.sg.

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