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Block 13 Marine Terrace

5 Room · Built 1975 · 50 years remaining lease · Updated Nov 2023 MOP Cleared

Block 13 Marine Terrace has 17 recorded HDB resale transactions since 2017. Latest sale: $930,000 (Nov 2023, 5 room, floors 19–21). Median $6,484/sqm. Built 1975, 50 years lease remaining.

Latest Sale
$930,000
Nov 2023 · 5 ROOM · Floor 19-21
Median $/sqm
$6,484
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 22%
#12 / 54 Top 22%
Latest Sale ?
Top 19%
#10 / 54 Top 19%
Value ($/sqm) ?
Top 46%
#25 / 54 Top 46%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.76%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 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.
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 13 Marine Terrace 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
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 Marine Terrace is a million-dollar HDB block: a flat here has sold for as much as $1,000,000 (Aug 2023), among the rare blocks in Marine Parade to cross that mark. Its median runs about 59% above the Marine Parade median, ahead of around 80% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 5 room flats priced from $670,000 to $1,000,000. The most recent transaction was a 5 room flat on storeys 19 TO 21 at $930,000 in Nov 2023, and the median works out to $6,484/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8225, an annual lease decay of about 0.76%. All transaction data is sourced from data.gov.sg and 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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