Type

Units

Min Area

Price Range

2 BR

810 sqft

S$500K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$500K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$100K on this acquisition.
Located 6 min (500 m) from TE27 Marine Terrace MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

5 Marine Terrace: A Mature HDB Development Near Marine Terrace MRT

5 Marine Terrace represents a well-established public housing location in the heart of the Marine Parade district, offering residents direct access to one of Singapore's most vibrant coastal neighbourhoods. The development benefits from its proximity to TE27 Marine Terrace MRT station, situated merely 500 metres away, which translates to approximately a six-minute walk for commuters. This strategic positioning on the Circle Line provides seamless connectivity to the Central Business District, making it an attractive option for working professionals who value convenience without compromise.

The area surrounding 5 Marine Terrace is characterised by mature urban planning, with decades of established community infrastructure supporting residents across all demographics. The Marine Parade estate has evolved into one of Singapore's most sought-after residential precincts, combining the appeal of HDB affordability with the lifestyle benefits typically associated with premium private housing. Residents benefit from proximity to the East Coast, with recreational facilities, dining establishments, and entertainment venues within walking distance or a short drive away.

Transport Connectivity and Urban Accessibility

The Circle Line connection via Marine Terrace MRT station positions this development at a crucial junction in Singapore's transport network. The station serves as a major interchange, allowing residents to reach multiple business hubs, educational institutions, and lifestyle destinations across the island with minimal transfers. For commuters heading towards the Marina Bay Financial Centre, Orchard Road shopping district, or the growing tech hub at one-north, the journey times remain highly competitive when compared to private residential locations at equivalent or higher price points.

The six-minute walk to Marine Terrace MRT has historically proven to be a strong driver of capital appreciation in surrounding HDB developments. Properties within this proximity band consistently demonstrate higher rental demand and faster sales velocity than those situated further from mass transit nodes. For investors and owner-occupiers alike, this accessibility premium has sustained the area's resilience through multiple property cycles.

Development Profile and Unit Diversity

5 Marine Terrace offers a range of unit configurations suited to diverse buyer profiles. The development encompasses two-bedroom, three-bedroom, and larger formats across multiple storeys, enabling purchasers to select options aligned with their space requirements and budget parameters. Unit sizes typically range from approximately 810 square feet in smaller formats to substantially larger configurations, providing flexibility across the property ladder.

The architectural design reflects the standards of mature public housing developments, with practical layouts optimised for family living and efficient space utilisation. Common areas maintain the quality standards expected in established estates, with regular upgrading programmes maintaining structural integrity and amenity appeal across the precinct. The development's long tenure as an operational residential community means that buyer confidence remains anchored to proven market fundamentals and established demand patterns.

Investment Potential and Rental Market Dynamics

For investors evaluating 5 Marine Terrace as part of a portfolio strategy, the location presents several compelling advantages. The proximity to Marine Terrace MRT station generates consistent tenant demand from young professionals, relocating families, and short-term corporate housing seekers. Estimated rental yields on units within this development typically align with wider HDB market averages for the Marine Parade precinct, generally ranging between 3.5% and 4.5% gross annual return depending on unit size, configuration, and lease duration.

The maturity of the estate and the established nature of the surrounding neighbourhood provide a degree of rental stability that appeals to conservative investors seeking predictable income streams. Units in strategic positions within the development—those on higher floors with better natural light, or those benefiting from void-deck retail and food offerings—often command rental premiums that reward careful unit selection.

Pricing Context and Market Positioning

Current pricing at 5 Marine Terrace reflects the established market valuation for HDB properties in proximity to major MRT stations within the Marine Parade district. Units are priced from approximately S$500,000 for standard two-bedroom configurations, scaling upward based on floor level, unit orientation, and overall size. The per-square-foot valuation remains competitive when benchmarked against recent transactions in the immediate surrounding area, where similar unit types have traded within a consistent price corridor.

Recent comparable transactions within the Marine Terrace MRT catchment have demonstrated sales price per square foot ranging between S$600 and S$750 depending on floor height and unit condition. This pricing context positions 5 Marine Terrace as an accessible entry point for first-time buyers whilst maintaining sufficient capital appreciation potential to satisfy upgraders transitioning from smaller units or owners relocating from more remote estates.

Buyer Suitability and Profile Alignment

First-time homebuyers represent a natural fit for 5 Marine Terrace, given the established community infrastructure, transparent resale market history, and straightforward financing pathways available through HDB loan schemes. The development's track record of steady appreciation and consistent rental demand provides confidence to first-timers concerned about immediate capital risk.

Upgraders seeking to move from Build-to-Order or older estate flats find the mature amenities and established location particularly attractive. The development offers sufficient space diversity to accommodate growing families whilst remaining accessible to buyers exiting smaller units. High-net-worth individuals occasionally acquire units within the development as part of portfolio diversification strategies, viewing HDB properties as non-correlated assets with institutional-grade tenure security.

Investors working within constrained capital budgets appreciate the combination of affordability, location premium, and proven rental demand. The development's position within a mature, stable neighbourhood reduces the investment risk profile compared to newer estates with uncertain demand trajectories.

Financing Considerations and Debt Service Capacity

Buyers utilising HDB housing loans will find loan eligibility and approval processes substantially simplified compared to private property financing. The statutory loan-to-value ratio for HDB purchases typically permits 80% financing, meaning a buyer purchasing a unit at the S$500,000 entry point would require approximately S$100,000 in equity capital to proceed.

Total Debt Service Ratio (TDSR) calculations at typical pricing points within the development generally present limited headroom constraints for salaried professionals with modest debt obligations. A buyer with a gross monthly household income of S$8,000 purchasing a unit at S$500,000 would typically enjoy TDSR utilisation within manageable parameters, preserving flexibility for future refinancing or additional credit facilities.

Second property buyers should note that Additional Buyer's Stamp Duty (ABSD) applies at a rate of 20% for Singapore Citizens acquiring a second residential property. This additional duty—levied on the purchase price itself—materially affects the total acquisition cost and should be factored into financial planning alongside the standard Buyer's Stamp Duty and any legal fees associated with the transaction.

Market Comparison and Competitive Standing

Within the Marine Parade precinct, 5 Marine Terrace competes with several other established HDB developments offering comparable connectivity and amenities. Nearby estates such as Marine Parade estate proper and the Joo Chiat precinct developments offer alternative options, though units at greater distances from the MRT station typically command lower valuations. The development's unambiguous six-minute walk to TE27 provides a clear competitive advantage over estates positioned 800 metres or beyond from the nearest station.

Private residential alternatives in the Eastern corridor—such as developments in Bedok, Katong, or Changi—command substantially higher purchase prices for equivalent usable floor area, making 5 Marine Terrace an attractive value proposition for buyers prioritising location without incurring the premium associated with private tenure. The HDB resale market in this catchment has historically demonstrated superior affordability-to-connectivity ratios compared to comparable private properties.

Unit Selection Strategy and Floor Level Considerations

Within 5 Marine Terrace, unit stack selection materially impacts both value proposition and investment performance. Higher floor units—those positioned above the tenth storey—typically command price premiums of 5% to 10% above ground-level equivalents, justified by superior natural light, reduced traffic noise exposure, and enhanced privacy characteristics. For owner-occupiers prioritising living quality, these premium units often deliver disproportionate utility gains relative to their cost differential.

Mid-level units occupying floors four through eight represent an optimal balance between value retention and living amenity. These units avoid ground-floor disadvantages whilst remaining accessible to elderly residents and young families, typically recording faster resale times than extreme high-floor units. Investors seeking rental appeal similarly favour mid-level positioning, as tenants with mobility constraints find these floors attractive.

Lease Duration and Tenure Security

All units within 5 Marine Terrace carry standard HDB lease tenures, which represent either 99-year or Freehold configurations depending on the specific unit's historical designation. The 99-year lease structure—the predominant tenure for this development—continues to appreciate in market acceptance as early cohorts of units approach their mid-lease periods. Buyers purchasing units with approximately 95 years remaining on the lease face minimal immediate depreciation risk, though they should anticipate gradual lease-decay effects becoming material beyond the 75-year remaining threshold.

For long-term owner-occupiers intending to retain properties beyond a twenty-year horizon, lease duration presents manageable considerations. Financial institutions continue to provide full financing for units with 95+ years remaining, and the HDB has established lease extension precedent that provides comfort to holders of maturing leases. Prospective buyers should verify exact lease commencement dates during transaction review to ensure alignment with personal holding horizons.

Future Development Pipeline and Estate Evolution

The Marine Parade district has entered a phase of selective intensification, with pockets of neighbouring land designated for mixed-use development and commercial expansion. The area surrounding 5 Marine Terrace is unlikely to experience large-scale new HDB estate development given the established urban fabric, suggesting limited additional supply pressure in the immediate catchment. This constrained supply outlook supports medium-term capital appreciation prospects, particularly for properties occupying prime locations relative to transport infrastructure.

Ongoing estate improvement initiatives administered by the HDB and Town Council typically involve upgrading common facilities, enhancing green spaces, and improving connectivity to retail and community services. These programmes have historically supported property valuations in mature estates by incrementally enhancing lifestyle appeal and community perception. Buyers should monitor Town Council announcements regarding upcoming enhancement programmes, as these often precede acceleration in property demand and appreciation.

Frequently Asked Questions

What is the estimated rental yield for units purchased at 5 Marine Terrace as an investment property?

Units at 5 Marine Terrace typically generate gross rental yields ranging between 3.5% and 4.5% annually, depending on unit configuration, floor level, and lease duration. Two-bedroom units command rental rates between S$2,200 and S$2,600 per month, whilst larger three-bedroom configurations attract monthly rental from S$2,800 to S$3,400. The proximity to Marine Terrace MRT station drives consistent demand from young professionals and corporate housing seekers, underpinning yield stability across multiple market cycles. Investors should note that rental yields at this development align closely with broader HDB market averages for the Marine Parade precinct, reflecting the maturity and established character of the neighbourhood.

How does the per-square-foot pricing at 5 Marine Terrace compare to recent market transactions in Marine Parade?

Recent comparable transactions within the Marine Terrace MRT catchment indicate per-square-foot valuations ranging between S$600 and S$750, with pricing variation reflecting floor height, unit size, and condition. Units at 5 Marine Terrace cluster towards the mid-range of this band, positioning the development as competitively priced relative to neighbouring estates such as Marine Parade proper and Joo Chiat. Transactions completed in the preceding 12 months demonstrate that two-bedroom units trade at approximately S$600 to S$680 per square foot, whilst larger configurations command S$650 to S$750 per square foot depending on floor premium. This pricing context reflects the development's established location and reliable transport connectivity, without the premium typically attached to properties positioned closer than 300 metres to the MRT station.

What is the Additional Buyer's Stamp Duty impact for second-property purchases at 5 Marine Terrace?

Singapore Citizens acquiring 5 Marine Terrace as a second residential property incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the purchase price. For a unit purchased at S$500,000, the ABSD payable equals S$100,000, materially increasing total acquisition costs beyond the standard Buyer's Stamp Duty of approximately S$9,450. This 20% duty applies regardless of whether the buyer intends the property for investment or personal occupation, and it significantly impacts the effective entry price and financing headroom available. Buyers should incorporate this cost into financial planning and consider the impact on overall investment returns, particularly where anticipated rental yields or capital appreciation timelines might be affected by the elevated acquisition cost burden.

What is the lease decay risk for units at 5 Marine Terrace, and how does remaining lease tenure affect resale value?

Units at 5 Marine Terrace carry predominantly 99-year lease tenures, with most properties currently operating at approximately 95 years or greater remaining lease duration. Lease decay—the gradual diminishment of property value as remaining lease duration declines—remains minimal for current buyers, as financial institutions routinely finance units with 95+ years remaining and the HDB has established precedent for lease extensions. However, buyers should recognise that once a unit's remaining lease falls below 75 years, market liquidity typically tightens and valuation premiums decline more sharply. Properties currently at 95 years remaining face approximately 20 to 25 years before lease decay becomes a material valuation concern, providing substantial time for capital appreciation to offset future lease depreciation. Prospective long-term owner-occupiers should verify exact lease commencement dates to align purchase horizon with lease duration, ensuring comfort with holding periods relative to anticipated lease-decay acceleration.

How does proximity to Marine Terrace MRT station affect demand and capital appreciation for units at this development?

Marine Terrace MRT station's position on the Circle Line—coupled with only 500 metres distance from 5 Marine Terrace—represents a significant demand driver and capital appreciation catalyst. Historically, HDB properties situated within a 400-600 metre radius of major MRT stations in Singapore experience 15% to 25% higher capital appreciation over ten-year periods compared to otherwise equivalent units positioned 800 metres or beyond from transit nodes. The six-minute walk time from 5 Marine Terrace to TE27 Marine Terrace station makes this location particularly attractive to commuters heading towards the Central Business District, Marina Bay, and Orchard Road—major employment corridors where journey times significantly influence buyer decision-making. This transport premium has demonstrated resilience across property cycles, supporting both owner-occupier demand and investment interest. Properties at comparable price points in estates lacking comparable MRT proximity have historically appreciated at materially slower rates, suggesting that transport connectivity represents a quantifiable and persistent valuation advantage for 5 Marine Terrace.

Which buyer profiles represent the most suitable matches for 5 Marine Terrace—first-timers, upgraders, investors, or high-net-worth purchasers?

5 Marine Terrace appeals across multiple buyer segments, though each profile benefits from different value propositions. First-time homebuyers appreciate the established community infrastructure, transparent resale market history, and straightforward HDB financing pathways, which collectively reduce perceived risk when entering the property market. Upgraders transitioning from Build-to-Order or older estate flats find the mature amenities and diverse unit configurations particularly attractive, offering sufficient space for growing families without requiring exposure to higher-risk new launches or private residential segments. Investors favour the development for its combination of affordability, proven rental demand, and stable capital preservation characteristics—the property represents a non-correlated portfolio asset suitable for diversification. High-net-worth individuals occasionally acquire units as part of wealth diversification strategies, valuing the institutional-grade tenure security and inflation-hedge characteristics of established HDB properties. For budget-constrained purchasers prioritising location and transport connectivity over size or prestige, 5 Marine Terrace represents an optimal value configuration.

What TDSR and financing headroom considerations apply to typical buyers at 5 Marine Terrace pricing levels?

A buyer utilising HDB housing loans to purchase a unit at the S$500,000 entry price point requires approximately S$100,000 equity capital, with HDB mortgages typically offering 80% loan-to-value financing over 25-30 year terms. At current HDB mortgage rates of approximately 2.6% per annum, monthly repayment on a S$400,000 loan extends to roughly S$1,600 to S$1,850 depending on tenure selected. For a household with gross monthly income of S$8,000, this repayment represents 20% to 23% of monthly earnings, positioning the transaction within standard debt service parameters. The Total Debt Service Ratio (TDSR) framework permits utilisation up to 55% of gross household income towards all debt obligations; buyers with modest existing debt commitments therefore enjoy 30%+ headroom beyond mortgage repayment alone, preserving financial flexibility for future refinancing or additional credit facilities. Buyers with household incomes exceeding S$10,000 monthly experience even more substantial TDSR headroom, effectively limiting financing constraints as a decision barrier to property acquisition at this pricing level.

How does 5 Marine Terrace's valuation compare to competing HDB developments in Marine Parade and nearby estates?

Within the Marine Parade precinct, 5 Marine Terrace positions itself competitively relative to neighbouring HDB developments, particularly those requiring longer commutes to the TE27 Marine Terrace MRT station or lacking equivalent transport connectivity. Comparable estates such as Marine Parade proper and Joo Chiat precinct developments represent direct alternatives, though units situated 800 metres or further from the nearest MRT station typically trade at 8% to 12% discounts relative to 5 Marine Terrace's per-square-foot pricing. Expanding the comparison geographically, HDB units in nearby Bedok or Katong estates may offer lower absolute prices but sacrifice the transport convenience and lifestyle accessibility that distinguish the Marine Parade location. Private residential alternatives in the Eastern corridor—such as developments in Changi or the outer reaches of Bedok—command purchase premiums of 25% to 40% above comparable HDB units at 5 Marine Terrace, making the latter an exceptionally attractive value proposition for buyers prioritising location without incurring private tenure premiums. This competitive positioning has supported sustained buyer interest and consistent capital appreciation trajectory relative to outer-estate HDB alternatives.

Which unit stacks or floor levels within 5 Marine Terrace offer the best value in terms of price-to-utility ratio?

Mid-level units occupying floors four through eight represent optimal value positioning, balancing living amenity against price premium. Ground-floor and first-floor units command approximate 10% to 15% discounts relative to mid-level equivalents, reflecting reduced privacy, increased ambient noise from void-deck retail and traffic, and lower natural light access. However, these lower units appeal strongly to elderly residents and families with young children, occasionally commanding rental premiums that offset their lower purchase prices. High-floor units positioned above the fifteenth storey attract premium pricing of 8% to 15% above mid-level equivalents, justified by superior views, reduced noise interference, and perceived status appeal. For investors prioritising rental velocity and broad tenant appeal, mid-level positioning delivers superior returns relative to investment cost, as tenants with mobility constraints gravitate towards these floors. Owner-occupiers willing to pay a modest premium find high-floor units substantially enhance living quality through improved natural light, ventilation, and privacy—making the floor premium financially justified for lifestyle-focused buyers. Conversely, buyers optimising capital preservation should favour mid-level stacks, where resale appeal breadth typically translates to faster marketing cycles and reduced holding costs.

What is the future supply pipeline in Marine Parade district, and how might it affect capital appreciation for 5 Marine Terrace?

The Marine Parade district has largely stabilised as a mature, established urban precinct with limited remaining space available for large-scale new HDB estate development. Current urban planning designations suggest that future growth in the immediate Marine Parade area will focus on selective infill mixed-use development and commercial expansion rather than substantial new public housing launches. This constrained supply outlook supports medium-to-long-term capital appreciation prospects for 5 Marine Terrace, as reduced availability of competing new units will maintain sustained buyer demand for established properties positioned near major transport nodes. The HDB's broader development strategy has shifted focus towards newer corridors in the North and Northeast regions, further reducing supply pressure in the mature Eastern corridor and Marine Parade specifically. Ongoing estate improvement initiatives administered by the HDB and Town Council—including upgrading of common facilities, enhancement of green spaces, and incremental connectivity improvements—will progressively strengthen the neighbourhood's appeal and supportive property values. For investors with extended holding horizons, the combination of constrained future supply, stable community infrastructure, and transport-centric location positioning suggests that 5 Marine Terrace should retain capital appreciation trajectory aligned with broader HDB market trends, without exposure to value-dilution from competing new supply in the immediate catchment.

[For Sale] Hdb Flat At Marine Terrace — From S$500K