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Block 3 Marine Terrace

5 Room · Built 1975 · 47 years remaining lease · Updated Mar 2026 MOP Cleared

Block 3 Marine Terrace has 18 recorded HDB resale transactions since 2017. Latest sale: $1,050,000 (Mar 2026, 5 room, floors 13–15). Median $6,763/sqm. Prices up 14.7% over the past five years. Built 1975, 47 years lease remaining.

Latest Sale
$1,050,000
Mar 2026 · 5 ROOM · Floor 13-15
Median $/sqm
$6,763
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +14.7%
Median price change
Median Price ?
Top 26%
#14 / 54 Top 26%
Latest Sale ?
Top 11%
#6 / 54 Top 11%
Value ($/sqm) ?
Top 24%
#13 / 54 Top 24%
5-Year Growth ?
Top 83%
#40 / 48 Top 83%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+2.8%/yr
vs
Lease Decay
−0.83%/yr
Growth assumption
Based on this block’s +14.7% growth over 5 years
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 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.
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 3 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
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

A flat at Block 3 Marine Terrace in Marine Parade has reached $1,050,000 (Mar 2026), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 56% above the Marine Parade median, ahead of around 76% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 5 room flats priced from $645,888 to $1,050,000. The most recent transaction was a 5 room flat on storeys 13 TO 15 at $1,050,000 in Mar 2026, and the median works out to $6,763/sqm. Floor level matters here: units on the higher 13 TO 15 band have sold around 31% above those on the 04 TO 06 band. Over five years, prices here are up about 14.7%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8076, equivalent to roughly 0.83% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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.

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