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Ocean Front Suites

Apartment · District 17 (Changi / Loyang / Flora) · Outside Central Region · 946-year lease (857 yrs left) · Updated Dec 2024

Ocean Front Suites is a 946-year lease (857 yrs left) apartment development in District 17 (Changi / Loyang / Flora). It has 14 recorded private transactions. Latest sale: $660,000 (Dec 2024, 38 sqm, floors 01-05). Median $1,493/sqft. Prices up 7% over the period. 857 years lease remaining.

Latest Sale
$660,000
Dec 2024 · 38 sqm
Median Price
$1,493/sqft
$615,000 typical unit
Transactions
14
$970–$1,614 psf
Price Trend
▲ 7%
~1.9% a year

Where Ocean Front Suites ranks in District 17

All 33 projects ›
Median psf
#6 / 33
Typical unit price
#33 / 33
Most recent sale
#33 / 33
Price growth
#28 / 32

Median psf over time

Estimate a unit at Ocean Front Suites

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +1.9%/yr
Lease decay −0.00%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

857 yrs
Remaining lease
0.00%
Annual decay (Bala's Table)
1937
Lease commenced

946-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.00% a year.

Recent transactions

DateFloorType AreaPricepsf
Dec 2024 01-05 Resale 38 sqm $660,000 $1,614
Feb 2024 01-05 Resale 102 sqm $1,638,000 $1,492
Jun 2023 01-05 Resale 38 sqm $635,000 $1,552
May 2023 01-05 Resale 37 sqm $610,000 $1,532
May 2023 01-05 Resale 37 sqm $628,000 $1,577
Apr 2023 01-05 Resale 38 sqm $625,000 $1,528
Feb 2023 01-05 Resale 38 sqm $620,000 $1,516
May 2022 01-05 Resale 38 sqm $600,000 $1,467
May 2022 01-05 Resale 38 sqm $608,000 $1,486
May 2022 01-05 Resale 37 sqm $595,000 $1,494
Feb 2022 01-05 Resale 38 sqm $580,000 $1,418
Feb 2022 01-05 Resale 38 sqm $593,800 $1,452
Jan 2022 01-05 Resale 38 sqm $593,000 $1,450
Jun 2021 01-05 Resale 91 sqm $950,000 $970
Showing 14 of 14 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Ocean Front Suites

Ocean Front Suites is a 946-year leasehold development with its lease commencing in 1937 and about 857 years remaining in District 17 (Changi / Loyang / Flora), within the Outside Central Region of Singapore. It has a thinner transaction history, with 14 recorded apartment transactions between 2021-06 and 2024-12, ranging from $580,000 to $1,638,000. The most recent transaction was a 38 sqm unit (floors 01-05) sold for $660,000 in 2024-12, and the median price is $1,493 per square foot. Prices here have risen by about 7% over the period (around 1.9% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 857 years remaining is 1.0000, an annual lease decay of about 0.00%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Ocean Front Suites cost?

The most recent transaction at Ocean Front Suites was $660,000 for a 38 sqm unit in 2024-12. The median price is $1,493 per square foot across 14 transactions, ranging from $580,000 to $1,638,000. Data sourced from URA.

Is Ocean Front Suites freehold or leasehold?

Ocean Front Suites is on a 946-year lease commencing in 1937, with approximately 857 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.00%.

What is the price per square foot (psf) at Ocean Front Suites?

The median price at Ocean Front Suites is $1,493 psf, with transactions ranging from $970 to $1,614 psf. This is based on 14 URA-recorded transactions in District 17.

Have prices at Ocean Front Suites gone up or down?

Prices at Ocean Front Suites have increased by approximately 7% over the data period (around 1.9% a year). The median price is currently $1,493 psf, with the most recent sale at $660,000 in 2024-12.