HDB Blocks Near Marine Terrace MRT Station

Hdb Near Mrt Updated
Key Takeaways
  • Station: Marine Terrace (Thomson-East Coast Line)
  • HDB blocks within 500m: 10
  • HDB blocks within 1km: 11
  • Avg resale price nearby: $580,407
  • Average block age: 41 years

Station Overview

Marine Terrace is a station on the Thomson-East Coast Line. Station code: TE27.

The station is surrounded by HDB estates in MP. There are 10 HDB blocks within comfortable walking distance (500m) and 11 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 (Walking Distance)

These 10 HDB blocks are within a comfortable 5–7 minute walk of Marine Terrace MRT. Proximity to MRT typically commands a resale premium of 5–15% compared to blocks further away.

HDB blocks within 500m of Marine Terrace MRT
BlockRoad NameTownYear BuiltUnitsDistance
15MARINE TERMP1974270220m
15AMARINE TERMP2004240m
16MARINE TERMP1974270270m
16AMARINE TERMP2004300m
12AMARINE TERMP2004320m
17MARINE TERMP1974150330m
12MARINE TERMP197496340m
13MARINE TERMP197496370m
17AMARINE TERMP2004370m
14MARINE TERMP197496420m
Key Finding
There are 10 HDB blocks within a 5–7 minute walk of Marine Terrace MRT and 11 within 1km. Average resale price nearby is $580,407.

HDB Blocks Within 500m–1km

These 1 HDB blocks are within a 10–15 minute walk or short bus ride from Marine Terrace MRT. While slightly further, these blocks often offer better value with lower resale prices.

HDB blocks within 1km of Marine Terrace MRT
BlockRoad NameTownYear BuiltUnitsDistance
1MARINE TERMP197496610m

Price Context

Based on 87 recent HDB resale transactions (last 2 years) for streets near Marine Terrace MRT. The overall average resale price is $580,407.

HDB resale prices near Marine Terrace MRT
StreetTransactionsAvg PriceMin PriceMax Price
MARINE TER87$580,407$270,000$1,180,000

Flat Type & Size Analysis

Recent HDB resale transactions near Marine Terrace 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 and size breakdown near Marine Terrace MRT
Flat TypeTransactionsAvg PriceAvg SizePrice/sqm
3 ROOM45$461,72667.1 sqm$6,894/sqm
5 ROOM19$932,520120.3 sqm$7,754/sqm
4 ROOM19$565,62186.4 sqm$6,550/sqm
2 ROOM4$313,25045.0 sqm$6,970/sqm

Storey Premium Analysis

Floor level significantly affects HDB resale prices near Marine Terrace MRT. The table below shows average prices by storey range (last 2 years), with premium calculated relative to the overall average of $580,407.

High-floor units (19+) command a 101.7% premium over ground-floor units near this station. This is above the national HDB average floor premium.

Storey premium near Marine Terrace MRT
Storey BandTransactionsAvg PricePremium
Ground (01–03)22$505,364-12.9%
Low (04–09)41$518,817-10.6%
Mid (10–18)22$730,318+25.8%
High (19+)2$1,019,444+75.6%

Recent Price Trend

Quarterly average resale prices for HDB blocks near Marine Terrace MRT over the last 4 quarters.

Over this period, average resale prices have decreased by 13.1%, from $620,000 to $538,989.

Price trend near Marine Terrace MRT
QuarterTransactionsAvg Price
2025-Q28$620,000
2025-Q312$563,241
2025-Q48$611,625
2026-Q18$538,989

Rental Market & Yield

Rental transactions for HDB flats on streets near Marine Terrace MRT (last 2 years). MRT proximity typically boosts rental demand, making these units attractive for both tenants and investors.

rental market near Marine Terrace MRT
Flat TypeRental TxnsAvg Monthly RentEst. Yield
3-ROOM179$2,833/mo
4-ROOM84$3,251/mo
5-ROOM27$3,963/mo

Block Age Profile

The 11 HDB blocks within 1km of Marine Terrace MRT range from 2004 to 1974 (built), with an average age of 41 years.

Block age distribution near Marine Terrace MRT
BuiltBlocksShare
1970s763.6%
2000s436.4%

7 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 Terrace MRT?
There are 10 HDB blocks within 500m (walking distance) and 11 within 1km of Marine Terrace MRT station.
What is the average HDB resale price near Marine Terrace MRT?
The average HDB resale price for blocks near Marine Terrace MRT is approximately $580,407 based on transactions from the last 2 years.
Which flat type is most common near Marine Terrace MRT?
3 ROOM flats are the most actively traded near Marine Terrace MRT, with 45 resale transactions in the last 2 years at an average price of $461,726.
How old are HDB blocks near Marine Terrace MRT?
HDB blocks within 1km of Marine Terrace MRT have an average age of 41 years, ranging from 2004 to 1974.

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.