- Station: Marine Parade (Thomson-East Coast Line)
- HDB blocks within 500m: 0
- HDB blocks within 1km: 6
- Avg resale price nearby: $580,407
- Average block age: 37 years
Station Overview
Marine Parade is a station on the Thomson-East Coast Line. Station code: TE26.
The station is surrounded by HDB estates in MP. There are 0 HDB blocks within comfortable walking distance (500m) and 6 within 1km, making this a moderately served MRT location for HDB residents.
Recent resale transactions indicate an average price of $580,407 for HDB flats near this station.
HDB Blocks Within 500m–1km
These 6 HDB blocks are within a 10–15 minute walk or short bus ride from Marine Parade MRT. While slightly further, these blocks often offer better value with lower resale prices.
| Block | Road Name | Town | Year Built | Units | Distance |
|---|---|---|---|---|---|
| 16 | MARINE TER | MP | 1974 | 270 | 930m |
| 15A | MARINE TER | MP | 2004 | — | 940m |
| 17 | MARINE TER | MP | 1974 | 150 | 940m |
| 16A | MARINE TER | MP | 2004 | — | 950m |
| 17A | MARINE TER | MP | 2004 | — | 960m |
| 15 | MARINE TER | MP | 1974 | 270 | 970m |
Price Context
Based on 87 recent HDB resale transactions (last 2 years) for streets near Marine Parade MRT. The overall average resale price is $580,407.
| Street | Transactions | Avg Price | Min Price | Max Price |
|---|---|---|---|---|
| MARINE TER | 87 | $580,407 | $270,000 | $1,180,000 |
Flat Type & Size Analysis
Recent HDB resale transactions near Marine Parade MRT by flat type (last 2 years). 3 ROOM flats are the most actively traded with 45 transactions at an average price of $461,726. The price efficiency is $6,894/sqm.
| Flat Type | Transactions | Avg Price | Avg Size | Price/sqm |
|---|---|---|---|---|
| 3 ROOM | 45 | $461,726 | 67.1 sqm | $6,894/sqm |
| 5 ROOM | 19 | $932,520 | 120.3 sqm | $7,754/sqm |
| 4 ROOM | 19 | $565,621 | 86.4 sqm | $6,550/sqm |
| 2 ROOM | 4 | $313,250 | 45.0 sqm | $6,970/sqm |
Recent Price Trend
Quarterly average resale prices for HDB blocks near Marine Parade MRT over the last 4 quarters.
Over this period, average resale prices have decreased by 13.1%, from $620,000 to $538,989.
| Quarter | Transactions | Avg Price |
|---|---|---|
| 2025-Q2 | 8 | $620,000 |
| 2025-Q3 | 12 | $563,241 |
| 2025-Q4 | 8 | $611,625 |
| 2026-Q1 | 8 | $538,989 |
Rental Market & Yield
Rental transactions for HDB flats on streets near Marine Parade MRT (last 2 years). MRT proximity typically boosts rental demand, making these units attractive for both tenants and investors.
| Flat Type | Rental Txns | Avg Monthly Rent | Est. Yield |
|---|---|---|---|
| 3-ROOM | 179 | $2,833/mo | — |
| 4-ROOM | 84 | $3,251/mo | — |
| 5-ROOM | 27 | $3,963/mo | — |
Block Age Profile
The 6 HDB blocks within 1km of Marine Parade MRT range from 2004 to 1974 (built), with an average age of 37 years.
| Built | Blocks | Share |
|---|---|---|
| 1970s | 3 | 50% |
| 2000s | 3 | 50% |
3 blocks were built before 1990 (over 35 years old). Older blocks may face lease decay considerations for buyers — remaining lease affects CPF usage and loan tenure. Consider checking the Lease Decay Calculator for impact analysis.
FAQ
How many HDB blocks are near Marine Parade MRT?
What is the average HDB resale price near Marine Parade MRT?
Which flat type is most common near Marine Parade MRT?
How old are HDB blocks near Marine Parade MRT?
Methodology & Sources
This analysis covers the latest available data and is updated as new data becomes available.
Transaction data sourced from URA REALIS.
- Distances calculated using haversine formula.
- Resale and rental data from HDB via data.gov.sg.
- Storey premium and size analysis based on transactions from the last 2 years.
Median values used to minimize outlier impact. PSF = price per square foot.