Block 59 Marine Terrace

3 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$485,000
Feb 2026 · 3 ROOM · #04-06
Median $/sqm
$5,921
Based on 33 transactions
Total Transactions
33
Since Jan 2017
5-Year Trend
▲ +27.6%
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
Feb 2026 04 TO 06 3 ROOM 65 sqm $485,000 $7,462
Oct 2025 04 TO 06 3 ROOM 65 sqm $505,000 $7,769
Jun 2025 04 TO 06 3 ROOM 65 sqm $462,888 $7,121
May 2025 04 TO 06 3 ROOM 65 sqm $482,000 $7,415
Apr 2025 07 TO 09 3 ROOM 76 sqm $520,000 $6,842
Dec 2024 07 TO 09 3 ROOM 65 sqm $490,000 $7,538
Dec 2024 07 TO 09 3 ROOM 65 sqm $506,000 $7,785
Dec 2024 10 TO 12 3 ROOM 76 sqm $513,000 $6,750
Nov 2024 07 TO 09 3 ROOM 65 sqm $456,800 $7,028
Aug 2024 10 TO 12 3 ROOM 65 sqm $455,000 $7,000
Mar 2024 04 TO 06 3 ROOM 65 sqm $396,888 $6,106
Nov 2023 01 TO 03 3 ROOM 65 sqm $396,000 $6,092
Jul 2023 07 TO 09 3 ROOM 65 sqm $410,000 $6,308
Feb 2023 04 TO 06 3 ROOM 76 sqm $450,000 $5,921
Jan 2023 07 TO 09 3 ROOM 65 sqm $415,000 $6,385
Dec 2022 07 TO 09 3 ROOM 76 sqm $435,000 $5,724
Mar 2022 04 TO 06 3 ROOM 76 sqm $420,000 $5,526
Jan 2022 04 TO 06 3 ROOM 76 sqm $460,000 $6,053
Dec 2021 01 TO 03 3 ROOM 65 sqm $343,000 $5,277
Dec 2021 07 TO 09 3 ROOM 65 sqm $380,000 $5,846
Showing 20 of 33 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 59 Marine Terrace

Block 59 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 3 room flats, with resale prices ranging from $306,000 to $520,000 based on 33 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $485,000 in 2026-02. The current median price per square metre is $5,921. Over the past five years, resale prices at this block have increased by approximately 27.6%. 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 59 Marine Terrace worth?

The most recent resale transaction at Block 59 Marine Terrace was $485,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $5,921, based on 33 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 59 Marine Terrace?

Block 59 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 59 Marine Terrace?

Block 59 Marine Terrace in Marine Parade contains 3 room flats. Resale prices range from $306,000 to $520,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 59 Marine Terrace gone up or down?

Resale prices at Block 59 Marine Terrace have increased by approximately 27.6% over the past five years. The current median price is $396,888, with the most recent sale at $485,000 in 2026-02.

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