Block 13 Marine Terrace

5 Room · Built 1975 · 50 years remaining lease MOP Cleared
Latest Sale
$930,000
Nov 2023 · 5 ROOM · #19-21
Median $/sqm
$6,484
Based on 17 transactions
Total Transactions
17
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 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
Nov 2023 19 TO 21 5 ROOM 123 sqm $930,000 $7,561
Aug 2023 25 TO 27 5 ROOM 126 sqm $1,000,000 $7,937
Jun 2023 04 TO 06 5 ROOM 126 sqm $795,000 $6,310
Nov 2022 16 TO 18 5 ROOM 126 sqm $906,668 $7,196
Aug 2022 22 TO 24 5 ROOM 123 sqm $875,000 $7,114
Jul 2022 13 TO 15 5 ROOM 126 sqm $839,980 $6,667
Apr 2022 19 TO 21 5 ROOM 126 sqm $825,000 $6,548
Jan 2022 16 TO 18 5 ROOM 126 sqm $830,000 $6,587
Jun 2021 01 TO 03 5 ROOM 126 sqm $670,000 $5,317
Jun 2021 01 TO 03 5 ROOM 126 sqm $680,000 $5,397
Jun 2021 16 TO 18 5 ROOM 126 sqm $750,000 $5,952
Mar 2021 16 TO 18 5 ROOM 123 sqm $770,000 $6,260
Nov 2020 19 TO 21 5 ROOM 126 sqm $808,000 $6,413
Oct 2020 07 TO 09 5 ROOM 126 sqm $765,000 $6,071
Oct 2019 22 TO 24 5 ROOM 128 sqm $872,000 $6,813
Jun 2018 16 TO 18 5 ROOM 128 sqm $830,000 $6,484
Apr 2017 04 TO 06 5 ROOM 123 sqm $792,000 $6,439
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 13 Marine Terrace

Block 13 at Marine Terrace is a residential HDB block in Marine Parade, Singapore, built in 1975 with approximately 50 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $670,000 to $1,000,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 19 TO 21 sold for $930,000 in 2023-11. The current median price per square metre is $6,484. 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 13 Marine Terrace worth?

The most recent resale transaction at Block 13 Marine Terrace was $930,000 for a 5 room flat in 2023-11. The median price per square metre across all flat types is $6,484, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 13 Marine Terrace?

Block 13 Marine Terrace was built in 1975 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 13 Marine Terrace?

Block 13 Marine Terrace in Marine Parade contains 5 room flats. Resale prices range from $670,000 to $1,000,000 based on historical transaction records from data.gov.sg.

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