60 Marine Drive 440060, Marine Parade, Central Region, Singapore
$3,400 /month
Available from 1st October,2023 Main Features: Door to Door unit - Lift Level and Maintained Unit Quite and Peaceful Facing - No afternoon sun!!* *Convenient to Market* Nearby amenities ⭑ Nearby MRTs • Marine Parade (158 m) - 3 mins walk • 3 MRTs within 1 km ⭑ Nearby Bus stops • Between Blks 72/74 (140 m) - 2 mins walk • Opposite Blk 72 (155 m) - 3 mins walk • Before Grand Hotel (321 m) - 5 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • FairPrice Finest - Finest Marine Parade (259 m) - 4 mins walk • Market Place - Katong Market Place (439 m) - 7 mins walk • Giant Hyper - Parkway Parade (445 m) - 7 mins walk • 1 more walking distance grocery store within 500 m ⭑ Nearby Schools • CHIJ (Katong) Primary (446 m) - 7 mins walk • Tanjong Katong Primary School (966 m) - 4 mins drive • MOE Kindergarten @ Tanjong Katong (966 m) - 4 mins drive Marine Drive Gardens is the perfect property in Marine Parade for you! Located in Marine Parade HDB Estate, this development is part of District 15. Completed in 1976, Marine Drive Gardens is a 99 year leasehold HDB Development with a total of 130 units. It has a total of 14 floors and is one of 18 HDB blocks on Marine Drive. With >10 years of professional experience in the field of corporate finance, I like to deploy a partnership approach with my clients in their home ownership journey. In return, I provide them with data-backed insights to help them make an informed decision on their purchase. Happy to chat about your property needs! Call/WhatsApp me: Brendan Yap 8360......
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008022J
Estimated sale value based on 72 HDB resale transactions (data.gov.sg)
Fair Value
S$436,957
S$467 psf
Asking Price
S$3,400
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.5%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
72 comps
Nearest MRT
Eunos
1937m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
72 comparable transactions
S$681
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$467
Recent Comparable Transactions
10 shown · 72 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 17 MARINE TER Floor 13 TO 15 | 883sqft | S$710,000 | ▲S$804 +72.2% vs FV | 99yr from 1975 |
Mar 2026 | Blk 17 MARINE TER Floor 13 TO 15 | 883sqft | S$710,000 | ▲S$804 +72.2% vs FV | 99yr from 1975 |
Mar 2026 | Blk 18 MARINE TER Floor 13 TO 15 | 947sqft | S$770,000 | ▲S$813 +74.1% vs FV | 99yr from 1975 |
Feb 2026 | Blk 75 MARINE DR Floor 07 TO 09 | 883sqft | S$650,000 | ▲S$736 +57.6% vs FV | 99yr from 1976 |
Feb 2026 | Blk 55 MARINE TER Floor 07 TO 09 | 947sqft | S$580,000 | ▲S$612 +31.0% vs FV | 99yr from 1975 |
Jan 2026 | Blk 45 MARINE CRES Floor 01 TO 03 | 947sqft | S$505,000 | ▲S$533 +14.1% vs FV | 99yr from 1975 |
Jan 2026 | Blk 45 MARINE CRES Floor 04 TO 06 | 947sqft | S$625,000 | ▲S$660 +41.3% vs FV | 99yr from 1975 |
Jan 2026 | Blk 75 MARINE DR Floor 04 TO 06 | 883sqft | S$675,000 | ▲S$765 +63.8% vs FV | 99yr from 1976 |
Jan 2026 | Blk 17 MARINE TER Floor 04 TO 06 | 883sqft | S$545,000 | ▲S$617 +32.1% vs FV | 99yr from 1975 |
Jan 2026 | Blk 17 MARINE TER Floor 07 TO 09 | 883sqft | S$649,909 | ▲S$736 +57.6% vs FV | 99yr from 1975 |
Jan 2026 | Blk 17 MARINE TER Floor 01 TO 03 | 883sqft | S$550,000 | ▲S$623 +33.4% vs FV | 99yr from 1975 |
Blk 17 MARINE TER
Mar 2026 · Floor 13 TO 15
+72.2% vs FV
Blk 17 MARINE TER
Mar 2026 · Floor 13 TO 15
+72.2% vs FV
Blk 18 MARINE TER
Mar 2026 · Floor 13 TO 15
+74.1% vs FV
Blk 75 MARINE DR
Feb 2026 · Floor 07 TO 09
+57.6% vs FV
Blk 55 MARINE TER
Feb 2026 · Floor 07 TO 09
+31.0% vs FV
Blk 45 MARINE CRES
Jan 2026 · Floor 01 TO 03
+14.1% vs FV
Blk 45 MARINE CRES
Jan 2026 · Floor 04 TO 06
+41.3% vs FV
Blk 75 MARINE DR
Jan 2026 · Floor 04 TO 06
+63.8% vs FV
Blk 17 MARINE TER
Jan 2026 · Floor 04 TO 06
+32.1% vs FV
Blk 17 MARINE TER
Jan 2026 · Floor 07 TO 09
+57.6% vs FV
Blk 17 MARINE TER
Jan 2026 · Floor 01 TO 03
+33.4% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $436,957, translating to a price per square foot (PSF) of $467. This pricing reflects a balanced market signal, with a 0% difference from the baseline, indicating stability in demand and supply dynamics within this sought-after district. Marine Parade, known for its vibrant community and proximity to essential amenities, continues to be a focal point for potential buyers seeking both lifestyle and investment opportunities.
With model confidence rated as high, this valuation is underpinned by an analysis of 72 recent HDB resale transactions in the vicinity. This robust data set not only reinforces the accuracy of the estimated value but also highlights the resilience of the Marine Parade real estate market. As the lease period narrows to 48 years, it is imperative for buyers to consider the implications of lease decay on property value. However, the unique attributes of the location and its ongoing demand mitigate some of these concerns, positioning this HDB unit as a compelling option for both first-time buyers and seasoned investors.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.