Block 15 Marine Terrace
Block 15 Marine Terrace has 3 recorded HDB resale transactions since 2017. Latest sale: $350,000 (Jul 2025, 2 room, floors 01–03). Median $6,731/sqm. Prices up 52.2% over the past five years. Built 1975, 48 years lease remaining.
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.
- 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.
Other HDB blocks closest to Block 15 Marine Terrace in Marine Parade, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jul 2025 | 01 TO 03 | 2 ROOM | 52 sqm | $350,000 | $6,731 |
| Sep 2024 | 10 TO 12 | 2 ROOM | 43 sqm | $315,000 | $7,326 |
| Jan 2021 | 13 TO 15 | 2 ROOM | 42 sqm | $230,000 | $5,476 |
About Block 15 Marine Terrace
Block 15 Marine Terrace in Marine Parade dates to 1975 and now has roughly 48 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 39% below the Marine Parade median, cheaper than about 96% of the town's blocks. It has a relatively light resale record, with 3 transactions since 2017 across 2 room flats priced from $230,000 to $350,000. The most recent transaction was a 2 room flat on storeys 01 TO 03 at $350,000 in Jul 2025, and the median works out to $6,731/sqm. Over five years, prices here are up about 52.2%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 15 Marine Terrace worth?
The most recent resale transaction at Block 15 Marine Terrace was $350,000 for a 2 room flat in 2025-07. The median price per square metre across all flat types is $6,731, based on 3 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 15 Marine Terrace?
Block 15 Marine Terrace was built in 1975 and has approximately 48 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.81%, meaning the leasehold value decreases by approximately 0.81% per year at the current remaining lease.
What flat types are available at Block 15 Marine Terrace?
Block 15 Marine Terrace in Marine Parade contains 2 room flats. Resale prices range from $230,000 to $350,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 15 Marine Terrace gone up or down?
Resale prices at Block 15 Marine Terrace have increased by approximately 52.2% over the past five years. The current median price is $315,000, with the most recent sale at $350,000 in 2025-07.