Block 2 Marine Terrace

5 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$858,888
Oct 2025 · 5 ROOM · #04-06
Median $/sqm
$7,125
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▼ -0.1%
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 3 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
Oct 2025 04 TO 06 5 ROOM 120 sqm $858,888 $7,157
Jul 2025 04 TO 06 5 ROOM 120 sqm $850,000 $7,083
May 2025 16 TO 18 5 ROOM 120 sqm $1,050,000 $8,750
Jul 2024 13 TO 15 5 ROOM 117 sqm $980,000 $8,376
May 2024 04 TO 06 5 ROOM 120 sqm $800,000 $6,667
Jan 2023 07 TO 09 5 ROOM 117 sqm $845,000 $7,222
Oct 2022 07 TO 09 5 ROOM 120 sqm $880,000 $7,333
Jul 2022 16 TO 18 5 ROOM 117 sqm $880,000 $7,521
Dec 2021 22 TO 24 5 ROOM 120 sqm $820,000 $6,833
Aug 2021 22 TO 24 5 ROOM 117 sqm $938,000 $8,017
Aug 2021 19 TO 21 5 ROOM 120 sqm $950,000 $7,917
Jun 2021 19 TO 21 5 ROOM 120 sqm $855,001 $7,125
Jun 2021 10 TO 12 5 ROOM 122 sqm $865,000 $7,090
Apr 2021 19 TO 21 5 ROOM 120 sqm $886,800 $7,390
Mar 2021 19 TO 21 5 ROOM 120 sqm $842,000 $7,017
Jan 2021 10 TO 12 5 ROOM 120 sqm $850,000 $7,083
Dec 2020 22 TO 24 5 ROOM 122 sqm $847,500 $6,947
Sep 2018 01 TO 03 5 ROOM 117 sqm $650,000 $5,556
Feb 2017 13 TO 15 5 ROOM 120 sqm $788,000 $6,567
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 2 Marine Terrace

Block 2 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 $650,000 to $1,050,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $858,888 in 2025-10. The current median price per square metre is $7,125. Over the past five years, resale prices at this block have decreased by approximately 0.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8098, 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 2 Marine Terrace worth?

The most recent resale transaction at Block 2 Marine Terrace was $858,888 for a 5 room flat in 2025-10. The median price per square metre across all flat types is $7,125, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 2 Marine Terrace?

Block 2 Marine Terrace was built in 1975 and has approximately 48 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 0.82%, meaning the leasehold value decreases by approximately 0.82% per year at the current remaining lease.

What flat types are available at Block 2 Marine Terrace?

Block 2 Marine Terrace in Marine Parade contains 5 room flats. Resale prices range from $650,000 to $1,050,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 2 Marine Terrace gone up or down?

Resale prices at Block 2 Marine Terrace have decreased by approximately 0.1% over the past five years. The current median price is $855,001, with the most recent sale at $858,888 in 2025-10.

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