Type

Units

Min Area

Price Range

3 BR

1350 sqft

S$4,640/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$4,640.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$928 on this acquisition.
Located 6 min (490 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?

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13 Marine Terrace: HDB Living Near TE27 Marine Terrace Station

13 Marine Terrace stands as an established public housing development in one of Singapore's most convenient residential precincts. Positioned just six minutes' walk from TE27 Marine Terrace MRT Station, the development benefits from excellent transport accessibility and proximity to a mature, well-serviced neighbourhood. The location has long attracted owner-occupiers, upgraders moving from smaller units, and investors seeking rental stability in a proven residential area.

The development offers a range of unit types across multiple floor levels, with sizes typically ranging up to approximately 1,350 square feet and beyond. This variety ensures broad appeal across different household compositions and buyer intentions. Units at 13 Marine Terrace represent the secondary market offering of an established estate, where transaction history and comparable pricing data help buyers make informed decisions with confidence.

Strategic Location and Transport Connectivity

Proximity to Marine Terrace MRT Station is a defining advantage for residents at 13 Marine Terrace. The station serves as a gateway to the broader island, with direct connectivity across Singapore's MRT network. This accessibility significantly influences both day-to-day living convenience and long-term capital appreciation potential. Commuters enjoy flexible travel options whether heading to the CBD, industrial parks, or educational institutions across the island.

The immediate vicinity of 13 Marine Terrace encompasses established amenities accumulated over decades of development. Shopping centres, food courts, healthcare facilities, and community clubs have taken root nearby, creating a self-sufficient living environment where most daily needs can be met locally. This maturity of precinct infrastructure typically supports sustained demand and stable property valuations.

Secondary Market Dynamics and Pricing

As a resale property, 13 Marine Terrace units are priced according to current market conditions reflecting recent transaction evidence in the area. Pricing within the development varies based on unit size, floor height, orientation, and remaining lease tenure—factors that skilled buyers evaluate carefully when comparing value across competing resale options. The secondary market typically offers greater transparency around actual achieved prices, making it easier to benchmark fair value against neighbourhood comparables.

For investors evaluating rental yield, HDB flats at this location have historically demonstrated consistent tenant demand driven by the proximity to transport, proximity to schools, and the mature estate's reputation. Rental income potential and capital growth prospects should be analysed together rather than in isolation, as the maturity of the precinct may limit explosive appreciation whilst supporting steady, predictable growth.

Lease Tenure and Resale Value Considerations

Lease tenure is a critical factor when purchasing any HDB flat, including units at 13 Marine Terrace. Properties with longer remaining lease terms—such as those still in the 90+ year range—typically command stronger valuations and broader buyer appeal than properties approaching the 80-year threshold. This lease decay dynamic becomes increasingly pronounced as properties age, and prospective buyers should review the exact remaining lease duration for any unit under consideration.

The Housing and Development Board's lease buyback scheme offers a potential mechanism for leaseholders to extend tenure, though eligibility and valuations depend on specific criteria. Understanding both the current lease profile and future extension options is essential for long-term investment planning at 13 Marine Terrace.

Buyer Suitability Across Different Profiles

First-time buyers seeking to enter the HDB market often find established developments like 13 Marine Terrace appealing because market pricing is transparent, transaction history is extensive, and the neighbourhood's stability reduces uncertainty. The availability of different unit sizes means first-timers can choose configurations matching their immediate needs and budget.

Upgraders moving from smaller flats benefit from the expanded space and amenity options available across 13 Marine Terrace's range of units. The mature estate provides familiar neighbourhood character whilst offering the step-up in housing comfort that upgraders prioritise.

Investors evaluate 13 Marine Terrace through the lens of rental yield, capital appreciation, and financing efficiency. The established neighbourhood and transport connectivity support consistent tenant demand, though buyers should model returns conservatively and account for the full cost of ownership including maintenance contributions, property taxes, and potential additional buyer's stamp duty if applicable.

Financing, ABSD, and Affordability

Buyers purchasing at 13 Marine Terrace should engage a mortgage broker or bank early to establish realistic financing headroom. HDB flat loans typically cap at 80-90% of purchase price depending on buyer age and income, with Total Debt Servicing Ratio (TDSR) limits capping total monthly debt obligations at approximately 60% of gross household income. This stress-test ensures affordability even if interest rates rise from current levels.

Singapore Citizens purchasing a second residential property at 13 Marine Terrace will face Additional Buyer's Stamp Duty (ABSD) of 20% on top of standard stamp duty rates. This substantial cost should be factored into the total acquisition expense alongside legal fees, inspection costs, and renovation budgets. ABSD effectively increases the true purchase price by a significant margin and must be confirmed with the Inland Revenue Authority of Singapore before committing to an offer.

Competitive Context and Market Positioning

The broader East Coast and Marine Parade precinct hosts several other HDB developments at different life-cycle stages. Comparing 13 Marine Terrace against these alternatives—both in terms of absolute pricing, remaining lease duration, and unit mix—helps buyers identify whether this development offers superior value for their specific requirements. Some competing developments may offer newer finishes or larger unit types, whilst others may command premium pricing due to rarity or positioning.

Understanding this competitive landscape prevents overpaying and ensures buyers pursue developments most closely aligned with their investment thesis and lifestyle priorities.

Future Precinct Development and Capital Appreciation

The district surrounding 13 Marine Terrace continues to evolve, with Government land sales, business park expansion, and transport infrastructure upgrades shaping medium-to-long-term growth dynamics. Buyers interested in capital appreciation potential should monitor the Government's land use planning announcements and infrastructure pipeline, as these typically drive organic demand growth in established HDB neighbourhoods.

The presence of Marine Terrace MRT Station as a regional transport hub—rather than a purely local one—amplifies the development's strategic value and should support sustained appreciation over the coming decade as Singapore's urban densification accelerates.

Frequently Asked Questions

What is the estimated rental yield for HDB flats at 13 Marine Terrace purchased as an investment property?

Rental yields for HDB flats at 13 Marine Terrace typically range between 2.5% to 3.5% gross annual yield, depending on the specific unit size, floor level, and current market rental rates in the Marine Terrace precinct. Smaller units (two-bedroom) often command higher percentage yields due to stronger tenant demand for affordable, transport-accessible options, whilst larger units offer greater absolute rental income but lower percentage returns. Investors should model yields conservatively by accounting for the full cost of ownership—including monthly sinking fund contributions, property tax, maintenance, and potential vacancy periods—which can reduce net yield by 0.5% to 1.0% annually. Given the established neighbourhood's stability and the proximity to Marine Terrace MRT Station, rental demand has historically remained resilient through economic cycles, making the yield profile relatively predictable compared to developments in emerging areas.

How does pricing per square foot at 13 Marine Terrace compare to recent HDB transactions in the Marine Terrace neighbourhood?

HDB flats in the Marine Terrace area currently transact at price points broadly aligned with comparable secondary market properties in the immediate vicinity, with per-square-foot pricing typically reflecting the maturity of the estate, proximity to the MRT station, and remaining lease tenure of individual units. Resale prices for HDB flats in this precinct have historically tracked the broader East Coast market, with units commanding a premium over more remote HDB estates due to superior transport accessibility and established amenities. Buyers should request recent transaction evidence (HDB resale prices from the past three to six months) for comparable units in the same block and nearby blocks, as pricing can vary significantly based on floor level, unit orientation, and lease decay stage. The secondary market's transparency through HDB's published price index allows buyers to benchmark 13 Marine Terrace units against neighbourhood data and identify whether specific units offer value or command a premium relative to recent sold comparables.

What is the Additional Buyer's Stamp Duty (ABSD) cost for a Singapore Citizen buying a second residential property at 13 Marine Terrace?

Singapore Citizens purchasing a second residential property at 13 Marine Terrace will incur Additional Buyer's Stamp Duty (ABSD) of 20% on the purchase price, in addition to standard stamp duty rates (which range from 1% to 4% depending on price bands). For example, a second property purchase at S$500,000 would trigger ABSD of S$100,000 plus standard stamp duty of approximately S$13,000–S$14,000, totalling approximately S$113,000–S$114,000 in stamp duty costs alone. This substantial outlay must be paid upfront during the conveyancing process and materially impacts the true cost of acquisition—effectively increasing the purchase price by 20% before considering legal fees, inspection costs, and renovation budgets. Buyers should factor ABSD into their total acquisition budget and financing strategy, as the Additional Duty reduces available capital for renovation, furnishing, or reserves. The Inland Revenue Authority of Singapore administers ABSD assessment, and buyers should confirm eligibility and exact liability with their lawyer before exchanging contracts.

What lease decay risk should buyers consider for units at 13 Marine Terrace, and how does remaining tenure affect resale value?

13 Marine Terrace, as an established HDB development, contains units with varying remaining lease tenures depending on their construction year and any prior tenure extension. Units with more than 90 years remaining lease typically command the strongest valuations and broadest buyer appeal, whilst properties approaching 80 years begin experiencing lease decay as lenders, buyers, and valuers apply increasingly cautious assessments. The Housing and Development Board's published guidelines reflect a material valuation decline once remaining lease drops below 80 years, and the decline accelerates as properties approach 70-year thresholds where refinancing becomes difficult and buyer pools shrink sharply. Prospective buyers must review the exact remaining lease tenure for any unit under consideration and model potential appreciation forecasts assuming lease decay—i.e., properties may appreciate in nominal price but depreciate in per-square-foot terms as the lease shortens. The HDB lease buyback scheme offers eligible leaseholders the option to extend tenure, though eligibility depends on meeting specific criteria including flat age and owner occupation history, and valuations for buyback may differ from open-market resale value. Long-term investors should prioritise units with robust remaining lease tenure to maximise future liquidity and capital preservation.

How does proximity to Marine Terrace MRT Station (TE27) influence demand and long-term capital appreciation at 13 Marine Terrace?

Marine Terrace MRT Station (TE27) operates as a regional transport interchange rather than a purely local station, offering connectivity across Singapore's MRT network and serving multiple residential, commercial, and industrial catchments. This strategic positioning directly amplifies demand for residential properties within the immediate walking radius, as commuters prioritise transport accessibility when selecting neighbourhoods, and the station's presence historically correlates with stronger capital appreciation relative to HDB estates lacking comparable transport infrastructure. Properties within six minutes' walk of a major MRT station (approximately 400–500 metres) typically command a 5% to 15% valuation premium relative to comparable units 15–20 minutes away, reflecting the tangible time and cost savings for daily commuters. The presence of an established MRT station also signals that the precinct has reached maturity and permanence—Government investment in transport infrastructure typically persists, and amenities tend to cluster around stations, reducing the risk of precinct decline. Long-term capital appreciation potential at 13 Marine Terrace is therefore supported by the durable competitive advantage of excellent transport accessibility, which tends to drive sustained demand cycles and price resilience through economic downturns. Future Government announcements regarding station upgrades, peak-hour capacity enhancements, or new train line extensions could further enhance the development's appreciation trajectory.

Is 13 Marine Terrace suitable for first-time buyers, upgraders, or investors, and what are the key considerations for each profile?

First-time buyers benefit significantly from 13 Marine Terrace's mature neighbourhood character, transparent secondary market pricing backed by extensive transaction history, and the established precinct's stable rental and resale demand. First-timers can enter confidently knowing comparable pricing data is publicly available, the neighbourhood's fundamentals are proven, and the property's future resale liquidity is highly likely given the transport accessibility. The primary consideration for first-timers is ensuring their financing capacity aligns with current market pricing and accounting for the full cost of ownership (sinking fund, property tax, maintenance) when stress-testing affordability. Upgraders moving from smaller HDB flats find 13 Marine Terrace appealing because larger unit types offer substantially expanded living space whilst remaining in a familiar HDB environment with predictable costs, governance, and community character. Upgraders should prioritise units with superior orientation, higher floors offering better views and ventilation, and locations minimising noise exposure—factors that justify premium pricing and enhance living satisfaction over a decade-long ownership horizon. Investors evaluate 13 Marine Terrace primarily through rental yield, capital appreciation potential, and financing efficiency. The established neighbourhood supports consistent tenant demand, but investors should model conservative yield assumptions (2.5% to 3.0% gross), account for the full cost of ownership, and stress-test cash flows against rising interest rates. All profiles should carefully evaluate remaining lease tenure, as this single factor most significantly impacts future resale value and buyer pool size.

What are the TDSR implications and typical financing headroom for buyers at various price points in 13 Marine Terrace?

HDB property financing in Singapore operates under strict Total Debt Servicing Ratio (TDSR) constraints capping monthly debt obligations at approximately 60% of gross household income, with individual lenders sometimes applying more conservative limits. For a property at 13 Marine Terrace purchased at S$400,000 with 80% LTV financing (S$320,000 loan), the monthly principal and interest payments would be approximately S$2,000–S$2,100 over a 25-year tenure at current interest rates around 4.0% per annum; this obligation must not exceed 60% of the buyer's gross monthly household income, implying a minimum gross income of approximately S$3,300–S$3,500. The TDSR calculation includes not only mortgage payments but also credit card obligations, personal loans, car loans, and other debt servicing, meaning actual financing headroom may be materially tighter than the basic mortgage calculation suggests. Buyers should stress-test affordability assuming interest rates rise to 5.0% or 5.5%, which would increase monthly payments by 10–15%, to ensure their financing capacity remains robust even in adverse rate environments. First-time buyers typically qualify for HDB concessional loans with rates capped at 2.6% (subject to conditions), offering superior affordability compared to open-market bank financing, though recent changes have tightened eligibility. All buyers at 13 Marine Terrace should engage mortgage brokers early in their search to obtain realistic loan pre-qualification, understand their precise TDSR headroom, and confirm financing capacity before making an offer.

How does 13 Marine Terrace compare to competing HDB developments in the East Coast and Marine Parade area?

The East Coast and Marine Parade precinct hosts numerous HDB developments at different life-cycle stages, including older estates (built 1970s–1980s) with heavily depreciated leasehold tenure and newer Build-to-Order (BTO) projects offering longer lease tenures but located further from the MRT station. 13 Marine Terrace competes primarily against other secondary-market HDB flats built in similar eras and within comparable proximity to Marine Terrace MRT Station, where pricing reflects actual transaction evidence and lease decay patterns. Nearby developments may offer comparable transport accessibility and precinct amenities but differ in terms of unit mix (e.g., some blocks may offer larger five-bedroom units unsuitable for young couples), renovation quality, or block orientation affecting ventilation and natural lighting. Buyers should conduct systematic comparisons by requesting HDB resale transaction data for comparable units in competing blocks, reviewing the lease decay profile of candidate units (some competing developments may have older properties with shorter remaining tenure), and physically inspecting unit conditions and block layouts to identify which development offers the best value for their specific household composition and lifestyle priorities. Price positioning at 13 Marine Terrace should be benchmarked against these alternatives to ensure buyers avoid overpaying relative to comparable options in the immediate neighbourhood or accepting a suboptimal unit configuration due to anchoring on familiar brand recognition.

Which unit stack or floor level at 13 Marine Terrace typically offers the best value proposition?

HDB flat values at 13 Marine Terrace vary significantly based on floor level, with ground and lower-floor units (typically first to third storey) commanding discounts of 5% to 10% relative to mid-level units, reflecting tenant and buyer preferences for higher floors offering superior natural light, ventilation, views, and reduced noise exposure from street traffic. Mid-level units (approximately fourth to ninth storey) typically command premium pricing relative to their exact location, as they balance light and airflow benefits against accessibility, making them attractive to diverse buyer profiles including upgraders and investors. Higher-floor units (tenth storey and above, where available) command the highest per-square-foot pricing due to superior views, reduced noise exposure, and psychological preference for elevation, though the additional cost may not translate into proportionally higher rental income if tenants place less value on these amenities. Value-oriented buyers seeking to maximise square footage relative to purchase price should consider mid-lower units (fourth to sixth storey) in blocks with good orientation, as these positions offer marked price discounts relative to top units whilst maintaining acceptable livability standards. Investors should focus less on floor level preferences and more on absolute yield: smaller units in high-demand blocks tend to generate higher gross yields regardless of floor position due to stronger tenant demand and lower purchase price, though net yield depends on individual unit condition and tenant profile. Buyers should physically inspect multiple units across different floor levels and block positions before deciding, as actual conditions—including natural light, ventilation, noise exposure, and views—vary significantly and can materially influence long-term satisfaction and rental appeal.

What is the future supply pipeline and development outlook for the district surrounding 13 Marine Terrace?

The East Coast and Marine Parade district remains one of Singapore's most mature and densely developed residential areas, with limited Government land available for new HDB supply and the bulk of future development concentrated on private residential projects and mixed-use commercial developments. The Government's medium-term public housing strategy focuses on rejuvenation and lease extension of aging HDB estates rather than large-scale new flat production in already-dense precincts, meaning 13 Marine Terrace and competing HDB developments will face limited supply competition from new HDB launches in the immediate area. Future supply risk in the district will likely come from private residential projects in nearby locations, which may attract upgraders seeking to transition into freehold or 999-year leasehold ownership; this migration could theoretically reduce demand for secondary-market HDB flats, though historically the price-point differences between HDB and private housing have been substantial enough to preserve distinct market segments. Government land sales in adjacent precincts and the completion of future transport infrastructure (e.g., potential new MRT lines or bus service enhancements) will shape medium-to-long-term capital appreciation dynamics for 13 Marine Terrace, as improved precinct connectivity or amenity expansion can drive organic demand growth. Buyers interested in capital appreciation potential should monitor the Government's land use planning announcements (via the Urban Redevelopment Authority's master plan updates) and the infrastructure pipeline published by transport authorities to identify positive catalysts for the neighbourhood. The lack of imminent large-scale new supply in the immediate area supports a bullish longer-term outlook for 13 Marine Terrace, as tight supply and durable transport advantages should sustain demand and price resilience.

Hdb Flat At Marine Terrace — From S$4,640