Block 3 Marine Terrace

5 Room · Built 1975 · 47 years remaining lease MOP Cleared
Latest Sale
$1,050,000
Mar 2026 · 5 ROOM · #13-15
Median $/sqm
$6,763
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +14.7%
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
--
Future Value Projection
Estimated value in --
--
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.
Track this unit's value Get notified when new sales happen in Block 3
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 47 years remaining 99 years
47 years 11 months
Remaining lease
↓ 0.83%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 47 years remaining, decay is gradual (~0.83%/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
Mar 2026 13 TO 15 5 ROOM 121 sqm $1,050,000 $8,678
Jul 2025 04 TO 06 5 ROOM 122 sqm $850,000 $6,967
Dec 2024 13 TO 15 5 ROOM 120 sqm $900,000 $7,500
Mar 2024 07 TO 09 5 ROOM 120 sqm $880,000 $7,333
May 2023 10 TO 12 5 ROOM 120 sqm $840,000 $7,000
Feb 2023 04 TO 06 5 ROOM 122 sqm $645,888 $5,294
Jul 2022 04 TO 06 5 ROOM 120 sqm $740,000 $6,167
Jan 2022 16 TO 18 5 ROOM 122 sqm $938,000 $7,689
Dec 2021 19 TO 21 5 ROOM 120 sqm $828,000 $6,900
Jun 2021 19 TO 21 5 ROOM 120 sqm $868,888 $7,241
Feb 2021 13 TO 15 5 ROOM 120 sqm $795,000 $6,625
Aug 2020 22 TO 24 5 ROOM 120 sqm $868,000 $7,233
Dec 2019 01 TO 03 5 ROOM 117 sqm $680,000 $5,812
Dec 2019 04 TO 06 5 ROOM 120 sqm $685,000 $5,708
Sep 2019 04 TO 06 5 ROOM 122 sqm $680,000 $5,574
Jun 2019 07 TO 09 5 ROOM 120 sqm $765,000 $6,375
Mar 2018 16 TO 18 5 ROOM 120 sqm $780,000 $6,500
Apr 2017 10 TO 12 5 ROOM 120 sqm $750,000 $6,250
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 3 Marine Terrace

Block 3 at Marine Terrace is a residential HDB block in Marine Parade, Singapore, built in 1975 with approximately 47 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $645,888 to $1,050,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 13 TO 15 sold for $1,050,000 in 2026-03. The current median price per square metre is $6,763. Over the past five years, resale prices at this block have increased by approximately 14.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8076, with an annual lease decay rate of approximately 0.83%. 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 3 Marine Terrace worth?

The most recent resale transaction at Block 3 Marine Terrace was $1,050,000 for a 5 room flat in 2026-03. The median price per square metre across all flat types is $6,763, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 3 Marine Terrace?

Block 3 Marine Terrace was built in 1975 and has approximately 47 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.83%, meaning the leasehold value decreases by approximately 0.83% per year at the current remaining lease.

What flat types are available at Block 3 Marine Terrace?

Block 3 Marine Terrace in Marine Parade contains 5 room flats. Resale prices range from $645,888 to $1,050,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 3 Marine Terrace gone up or down?

Resale prices at Block 3 Marine Terrace have increased by approximately 14.7% over the past five years. The current median price is $811,500, with the most recent sale at $1,050,000 in 2026-03.

Link copied to clipboard