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Total Transactions
77
Average Price
S3.4M
Total Value
S262.2M
Calculating fair value from URA transaction data…


License: L3007428C
Automated Valuation based on 68 URA transactions · 3 outliers removed (IQR)
Fair Value
S$2.92M
S$973 psf
Asking Price
S$7.28M
S$2,427 psf
vs Market
+149.3%
vs Last Done
+35.4%
Tenure
83 yrs
99-year Leasehold · Balance remaining
Confidence
High
68 comps
Nearest MRT
HarbourFront
3272m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
68 comparable transactions
S$1,652
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.589
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$973
Recent Comparable Transactions
10 shown · 68 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | OCEAN DRIVE Floor 06-10 | 1,216sqft | S$2,180,000 | ▲S$1,792 +84.2% vs FV | 99 yrs lease commencing from 2005 |
Aug 2025 | OCEAN DRIVE Floor 06-10 | 1,216sqft | S$2,180,000 | ▲S$1,792 +84.2% vs FV | 99 yrs lease commencing from 2005 |
Jul 2025 | OCEAN DRIVE Floor 06-10 | 1,711sqft | S$2,950,000 | ▲S$1,724 +77.2% vs FV | 99 yrs lease commencing from 2005 |
Jun 2025 | OCEAN DRIVE Floor 01-05 | 1,711sqft | S$2,740,000 | ▲S$1,601 +64.5% vs FV | 99 yrs lease commencing from 2005 |
May 2025 | OCEAN DRIVE Floor 01-05 | 1,679sqft | S$2,680,000 | ▲S$1,596 +64.0% vs FV | 99 yrs lease commencing from 2005 |
Mar 2025 | OCEAN DRIVE Floor 01-05 | 1,216sqft | S$2,050,000 | ▲S$1,685 +73.2% vs FV | 99 yrs lease commencing from 2005 |
Feb 2025 | OCEAN DRIVE Floor 01-05 | 1,711sqft | S$2,780,000 | ▲S$1,624 +66.9% vs FV | 99 yrs lease commencing from 2005 |
Feb 2025 | OCEAN DRIVE Floor 01-05 | 1,711sqft | S$2,540,000 | ▲S$1,484 +52.5% vs FV | 99 yrs lease commencing from 2005 |
Jan 2025 | OCEAN DRIVE Floor 06-10 | 1,894sqft | S$3,150,000 | ▲S$1,663 +70.9% vs FV | 99 yrs lease commencing from 2005 |
Dec 2024 | OCEAN DRIVE Floor 01-05 | 2,013sqft | S$3,380,000 | ▲S$1,679 +72.6% vs FV | 99 yrs lease commencing from 2005 |
Dec 2024 | OCEAN DRIVE Floor 01-05 | 1,701sqft | S$2,786,888 | ▲S$1,639 +68.4% vs FV | 99 yrs lease commencing from 2005 |
OCEAN DRIVE
Aug 2025 · Floor 06-10
+84.2% vs FV
OCEAN DRIVE
Aug 2025 · Floor 06-10
+84.2% vs FV
OCEAN DRIVE
Jul 2025 · Floor 06-10
+77.2% vs FV
OCEAN DRIVE
Jun 2025 · Floor 01-05
+64.5% vs FV
OCEAN DRIVE
May 2025 · Floor 01-05
+64.0% vs FV
OCEAN DRIVE
Mar 2025 · Floor 01-05
+73.2% vs FV
OCEAN DRIVE
Feb 2025 · Floor 01-05
+66.9% vs FV
OCEAN DRIVE
Feb 2025 · Floor 01-05
+52.5% vs FV
OCEAN DRIVE
Jan 2025 · Floor 06-10
+70.9% vs FV
OCEAN DRIVE
Dec 2024 · Floor 01-05
+72.6% vs FV
OCEAN DRIVE
Dec 2024 · Floor 01-05
+68.4% vs FV
HELIOS AI Analysis
Based on 68 URA transactions (3 outliers removed), adjusted for: Tenure decay (41.1% discount)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.