Marine View Mansions

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 0
 0

Sale Price *

Average
S$ 1,684 psf
Range
S$ 1,587 - 1,780 psf

Rental Price **

Average
S$ 2.0 psf pm
Range
S$ 2.0 - 2.1 psf pm

Rental Yield **

1.5%

Rental income expressed as a percentage of the property's value.

Amenities

4.7
4.7

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Marine View Mansions is a freehold condominium completed in 1988. The development occupies a land area of 3,622 sqm and a Gross Floor Area of 7,612 sqm. It consists of 28 units. According to records, buyers of this development are Singaporean 56.3%, PR 12.5%, Foreigner 31.3%, Company 0.0%.

MARINE VIEW MANSIONS is located along Marine Parade in Marine Parade, in District 15. It is accessible through the nearest MRTs including Marine Parade TE26 and Amber TE25. The nearest schools are ZHICHENG PRIVATE SCHOOL and INSPIRE EDUCATION CENTRE.

Based on transaction data in the last 12 months, sale prices range from S$ 1,587 psf to S$ 1,780 psf at an average of S$ 1,684 psf. Its highest recorded transaction was S$ 1,780 psf in Jul 2022 for a 2,077-sqft unit. Its lowest recorded transaction was S$ 462 psf in Jan 2004 for a 2,077-sqft unit. Its current rental yield is at 1.5%.

Other nearby amenities include: 3 Childcare Centre(s): KINDERLAND PRESCHOOL, TREASURE BOX CHILD DEVELOPMENT CENTRE PTE LTD, CHERIE HEARTS @ EASTGATE PTE LTD, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, TANESEI RETAILING PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Tung Ling Kindergarten, Dreamkids Kindergarten @ East Gate Pte Ltd, Seeds D' Learning House, and 3 Shopping Mall(s): ROXY SQUARE, I12 Katong, KATONG PLAZA.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"Great place ik someone there they the best"
B******* R*** L**
Google Review     |   12 Jun 2021
5
"One of the better maintained Condominiums in Marine Parade."
E*** T*** T****
Google Review     |   01 Sep 2020
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Floor Plans
No Data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of MARINE VIEW MANSIONS (Limited to 10)

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Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of MARINE VIEW MANSIONS
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Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2022
Jalan Tembusu
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
19,560
Site GFA (sqm)
54,768
Highest Bid ($M)
768.0
Highest Bid ($PSF)
1302
Number of BIDS
8
Land ($M)
768
Construction ($M)
194.5
Land Financing ($M)
67.2
Profesional / Legal / Taxes ($M)
115.5
Marketing / Others ($M)
68.7
Estimated Total Cost ($M)
1,213.96
Estimated Breakeven ($psf ppr)
2,059
Sold On APR 2022
173 - 183 Haig Road - Odd no. units (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
2,545
Site GFA (sqm)
3,562
Highest Bid ($M)
49.3
Highest Bid ($PSF)
1286
Number of BIDS
-
Land ($M)
49.3
Construction ($M)
12.7
Land Financing ($M)
4.3
Profesional / Legal / Taxes ($M)
7.4
Marketing / Others ($M)
4.4
Estimated Total Cost ($M)
78.12
Estimated Breakeven ($psf ppr)
2,037
Sold On JUN 2022
East Court (Private Treaty)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,240
Site GFA (sqm)
1,736
Highest Bid ($M)
19.9
Highest Bid ($PSF)
1063
Number of BIDS
-
Land ($M)
19.9
Construction ($M)
6.2
Land Financing ($M)
1.7
Profesional / Legal / Taxes ($M)
3.1
Marketing / Others ($M)
1.9
Estimated Total Cost ($M)
32.76
Estimated Breakeven ($psf ppr)
1,753

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FAQs about MARINE VIEW MANSIONS

What is the nearest MRT Station to MARINE VIEW MANSIONS ?
The nearest MRT Station from MARINE VIEW MANSIONS is Marine Parade TE26 MRT

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