Block 2 Marine Terrace
Block 2 Marine Terrace has 19 recorded HDB resale transactions since 2017. Latest sale: $858,888 (Oct 2025, 5 room, floors 04–06). Median $7,125/sqm. Prices down 0.1% over the past five years. Built 1975, 48 years lease remaining.
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 |
|---|---|---|---|
| 5-Room | $3,600 typically $3,300–$4,400 | 5.1% | 5 rentals here |
This block is inside the 1 km Primary 1 priority zone for 2 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| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Oct 2025 | 04 TO 06 | 5 ROOM | 120 sqm | $858,888 | $7,157 |
| Jul 2025 | 04 TO 06 | 5 ROOM | 120 sqm | $850,000 | $7,083 |
| May 2025 | 16 TO 18 | 5 ROOM | 120 sqm | $1,050,000 | $8,750 |
| Jul 2024 | 13 TO 15 | 5 ROOM | 117 sqm | $980,000 | $8,376 |
| May 2024 | 04 TO 06 | 5 ROOM | 120 sqm | $800,000 | $6,667 |
| Jan 2023 | 07 TO 09 | 5 ROOM | 117 sqm | $845,000 | $7,222 |
| Oct 2022 | 07 TO 09 | 5 ROOM | 120 sqm | $880,000 | $7,333 |
| Jul 2022 | 16 TO 18 | 5 ROOM | 117 sqm | $880,000 | $7,521 |
| Dec 2021 | 22 TO 24 | 5 ROOM | 120 sqm | $820,000 | $6,833 |
| Aug 2021 | 22 TO 24 | 5 ROOM | 117 sqm | $938,000 | $8,017 |
| Aug 2021 | 19 TO 21 | 5 ROOM | 120 sqm | $950,000 | $7,917 |
| Jun 2021 | 19 TO 21 | 5 ROOM | 120 sqm | $855,001 | $7,125 |
| Jun 2021 | 10 TO 12 | 5 ROOM | 122 sqm | $865,000 | $7,090 |
| Apr 2021 | 19 TO 21 | 5 ROOM | 120 sqm | $886,800 | $7,390 |
| Mar 2021 | 19 TO 21 | 5 ROOM | 120 sqm | $842,000 | $7,017 |
| Jan 2021 | 10 TO 12 | 5 ROOM | 120 sqm | $850,000 | $7,083 |
| Dec 2020 | 22 TO 24 | 5 ROOM | 122 sqm | $847,500 | $6,947 |
| Sep 2018 | 01 TO 03 | 5 ROOM | 117 sqm | $650,000 | $5,556 |
| Feb 2017 | 13 TO 15 | 5 ROOM | 120 sqm | $788,000 | $6,567 |
About Block 2 Marine Terrace
Block 2 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 5 room flats, with resale prices ranging from $650,000 to $1,050,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $858,888 in 2025-10. The current median price per square metre is $7,125. Over the past five years, resale prices at this block have decreased by approximately 0.1%. 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 2 Marine Terrace worth?
The most recent resale transaction at Block 2 Marine Terrace was $858,888 for a 5 room flat in 2025-10. The median price per square metre across all flat types is $7,125, based on 19 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 2 Marine Terrace?
Block 2 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 2 Marine Terrace?
Block 2 Marine Terrace in Marine Parade contains 5 room flats. Resale prices range from $650,000 to $1,050,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 2 Marine Terrace gone up or down?
Resale prices at Block 2 Marine Terrace have decreased by approximately 0.1% over the past five years. The current median price is $855,001, with the most recent sale at $858,888 in 2025-10.