Block 8 Marine Terrace

3 Room · 5 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$910,000
Apr 2025 · 5 ROOM · #01-03
Median $/sqm
$5,931
Based on 32 transactions
Total Transactions
32
Since Jan 2017
5-Year Trend
▲ +28.7%
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
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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 11 months
Remaining lease
↓ 0.80%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.80%/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
Apr 2025 01 TO 03 5 ROOM 130 sqm $910,000 $7,000
Jan 2025 07 TO 09 3 ROOM 65 sqm $460,000 $7,077
Jan 2025 04 TO 06 3 ROOM 76 sqm $490,888 $6,459
Sep 2024 01 TO 03 3 ROOM 76 sqm $480,000 $6,316
Jun 2024 07 TO 09 3 ROOM 76 sqm $500,000 $6,579
Feb 2024 07 TO 09 3 ROOM 65 sqm $455,000 $7,000
Jan 2024 07 TO 09 3 ROOM 65 sqm $435,000 $6,692
Aug 2023 10 TO 12 3 ROOM 76 sqm $520,000 $6,842
Jul 2023 04 TO 06 3 ROOM 76 sqm $485,500 $6,388
Jan 2023 10 TO 12 3 ROOM 76 sqm $480,000 $6,316
Oct 2022 01 TO 03 3 ROOM 65 sqm $386,000 $5,938
Aug 2022 10 TO 12 3 ROOM 65 sqm $400,000 $6,154
Apr 2022 04 TO 06 3 ROOM 76 sqm $440,000 $5,789
Feb 2022 04 TO 06 3 ROOM 65 sqm $372,000 $5,723
Dec 2021 07 TO 09 3 ROOM 65 sqm $383,000 $5,892
Oct 2021 01 TO 03 3 ROOM 76 sqm $420,000 $5,526
Sep 2021 10 TO 12 3 ROOM 65 sqm $385,000 $5,923
Aug 2021 07 TO 09 3 ROOM 65 sqm $365,000 $5,615
May 2021 07 TO 09 3 ROOM 65 sqm $372,888 $5,737
May 2021 10 TO 12 3 ROOM 65 sqm $375,000 $5,769
Showing 20 of 32 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 8 Marine Terrace

Block 8 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, 5 room flats, with resale prices ranging from $315,000 to $910,000 based on 32 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $910,000 in 2025-04. The current median price per square metre is $5,931. Over the past five years, resale prices at this block have increased by approximately 28.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8141, with an annual lease decay rate of approximately 0.80%. 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 8 Marine Terrace worth?

The most recent resale transaction at Block 8 Marine Terrace was $910,000 for a 5 room flat in 2025-04. The median price per square metre across all flat types is $5,931, based on 32 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 8 Marine Terrace?

Block 8 Marine Terrace was built in 1975 and has approximately 48 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 0.80%, meaning the leasehold value decreases by approximately 0.80% per year at the current remaining lease.

What flat types are available at Block 8 Marine Terrace?

Block 8 Marine Terrace in Marine Parade contains 3 room, 5 room flats. Resale prices range from $315,000 to $910,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 8 Marine Terrace gone up or down?

Resale prices at Block 8 Marine Terrace have increased by approximately 28.7% over the past five years. The current median price is $390,000, with the most recent sale at $910,000 in 2025-04.

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