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Block 7 Marine Terrace

3 Room · Built 1975 · 48 years remaining lease · Updated Jan 2026 MOP Cleared

Block 7 Marine Terrace has 23 recorded HDB resale transactions since 2017. Latest sale: $450,000 (Jan 2026, 3 room, floors 01–03). Median $6,114/sqm. Prices up 20.2% over the past five years. Built 1975, 48 years lease remaining.

How this block compares

  • 3 Room$450,000
    −6.2%vs town(−$30k)+1.1%vs national(+$5k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$450,000
Jan 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$6,114
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +20.2%
Median price change
Median Price ?
Top 94%
#51 / 54 Top 94%
Latest Sale ?
Top 85%
#46 / 54 Top 85%
Value ($/sqm) ?
Top 63%
#34 / 54 Top 63%
5-Year Growth ?
Top 65%
#31 / 48 Top 65%
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
+3.7%/yr
vs
Lease Decay
−0.83%/yr
Growth assumption
Based on this block’s +20.2% 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 48 years remaining 99 years
48 years 1 months
Remaining lease
↓ 0.83%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,800–$3,350 8% 8 rentals here
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 7 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
Jan 2026 01 TO 03 3 ROOM 59 sqm $450,000 $7,627
Dec 2025 04 TO 06 3 ROOM 70 sqm $450,000 $6,429
Sep 2025 07 TO 09 3 ROOM 59 sqm $480,000 $8,136
Aug 2024 01 TO 03 3 ROOM 70 sqm $480,000 $6,857
May 2024 04 TO 06 3 ROOM 70 sqm $418,000 $5,971
Aug 2023 01 TO 03 3 ROOM 59 sqm $340,000 $5,763
Aug 2023 04 TO 06 3 ROOM 59 sqm $375,000 $6,356
Jun 2023 07 TO 09 3 ROOM 70 sqm $432,000 $6,171
Feb 2023 07 TO 09 3 ROOM 70 sqm $428,000 $6,114
Aug 2022 10 TO 12 3 ROOM 59 sqm $390,000 $6,610
Mar 2022 04 TO 06 3 ROOM 59 sqm $363,000 $6,153
Feb 2021 10 TO 12 3 ROOM 59 sqm $352,000 $5,966
Feb 2021 04 TO 06 3 ROOM 70 sqm $397,000 $5,671
Nov 2020 10 TO 12 3 ROOM 59 sqm $305,000 $5,169
Sep 2020 04 TO 06 3 ROOM 70 sqm $310,000 $4,429
Aug 2020 07 TO 09 3 ROOM 59 sqm $321,000 $5,441
Aug 2020 10 TO 12 3 ROOM 59 sqm $330,000 $5,593
Nov 2019 01 TO 03 3 ROOM 59 sqm $290,000 $4,915
Aug 2019 04 TO 06 3 ROOM 59 sqm $300,000 $5,085
Feb 2018 07 TO 09 3 ROOM 59 sqm $375,000 $6,356
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 7 Marine Terrace

Block 7 Marine Terrace is an ageing-lease HDB block in Marine Parade, built in 1975 with about 48 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 28% below the Marine Parade median, cheaper than about 93% of the town's blocks. It has a regular flow of resale activity, with 23 transactions since 2017 across 3 room flats priced from $290,000 to $480,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $450,000 in Jan 2026, and the median works out to $6,114/sqm. Over five years, prices here are up about 20.2%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 7 Marine Terrace worth?

The most recent resale transaction at Block 7 Marine Terrace was $450,000 for a 3 room flat in 2026-01. The median price per square metre across all flat types is $6,114, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 7 Marine Terrace?

Block 7 Marine Terrace was built in 1975 and has approximately 48 years and 1 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 7 Marine Terrace?

Block 7 Marine Terrace in Marine Parade contains 3 room flats. Resale prices range from $290,000 to $480,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 7 Marine Terrace gone up or down?

Resale prices at Block 7 Marine Terrace have increased by approximately 20.2% over the past five years. The current median price is $375,000, with the most recent sale at $450,000 in 2026-01.

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