Block 1 Marine Terrace

5 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$1,000,000
Sep 2025 · 5 ROOM · #10-12
Median $/sqm
$7,083
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
▲ +11.5%
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 48 years remaining 99 years
48 years 5 months
Remaining lease
↓ 0.82%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.82%/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
Sep 2025 10 TO 12 5 ROOM 122 sqm $1,000,000 $8,197
Jul 2025 04 TO 06 5 ROOM 117 sqm $880,000 $7,521
Jun 2025 07 TO 09 5 ROOM 120 sqm $938,000 $7,817
Mar 2025 04 TO 06 5 ROOM 120 sqm $890,000 $7,417
Dec 2024 16 TO 18 5 ROOM 117 sqm $888,000 $7,590
Nov 2024 13 TO 15 5 ROOM 120 sqm $925,000 $7,708
Nov 2024 22 TO 24 5 ROOM 122 sqm $970,000 $7,951
Dec 2022 04 TO 06 5 ROOM 120 sqm $753,000 $6,275
Dec 2022 25 TO 27 5 ROOM 122 sqm $1,080,000 $8,852
Jan 2022 22 TO 24 5 ROOM 120 sqm $850,000 $7,083
Oct 2021 22 TO 24 5 ROOM 122 sqm $960,000 $7,869
May 2021 13 TO 15 5 ROOM 120 sqm $820,000 $6,833
Apr 2021 01 TO 03 5 ROOM 120 sqm $750,000 $6,250
Oct 2020 19 TO 21 5 ROOM 120 sqm $843,000 $7,025
Jun 2020 07 TO 09 5 ROOM 120 sqm $700,000 $5,833
Dec 2019 19 TO 21 5 ROOM 120 sqm $820,000 $6,833
Oct 2019 10 TO 12 5 ROOM 122 sqm $808,000 $6,623
Jul 2019 07 TO 09 5 ROOM 120 sqm $700,000 $5,833
Jun 2019 16 TO 18 5 ROOM 120 sqm $855,000 $7,125
Sep 2018 13 TO 15 5 ROOM 121 sqm $820,000 $6,777
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Marine Terrace

Block 1 at Marine Terrace is a residential HDB block in Marine Parade, Singapore, built in 1975 with approximately 48 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $700,000 to $1,080,000 based on 25 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $1,000,000 in 2025-09. The current median price per square metre is $7,083. Over the past five years, resale prices at this block have increased by approximately 11.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8109, with an annual lease decay rate of approximately 0.82%. 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 1 Marine Terrace worth?

The most recent resale transaction at Block 1 Marine Terrace was $1,000,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $7,083, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 1 Marine Terrace?

Block 1 Marine Terrace was built in 1975 and has approximately 48 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.82%, meaning the leasehold value decreases by approximately 0.82% per year at the current remaining lease.

What flat types are available at Block 1 Marine Terrace?

Block 1 Marine Terrace in Marine Parade contains 5 room flats. Resale prices range from $700,000 to $1,080,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 1 Marine Terrace gone up or down?

Resale prices at Block 1 Marine Terrace have increased by approximately 11.5% over the past five years. The current median price is $850,000, with the most recent sale at $1,000,000 in 2025-09.

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