Type

Units

Min Area

Price Range

3 BR

947 sqft

S$598K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$598K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$120K 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?

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

54 Marine Terrace: A Cornerstone HDB Development in Katong

54 Marine Terrace stands as an established residential address in one of Singapore's most desirable neighbourhoods. Positioned in Katong, this HDB development has long attracted families, investors, and upgraders seeking a blend of convenience, community, and accessibility. The development's enduring appeal stems from its location within walking distance of Marine Terrace MRT station, a crucial transport hub that has shaped the district's character and property values over decades.

The neighbourhood surrounding 54 Marine Terrace represents a fully matured residential zone with decades of established infrastructure. Katong itself is renowned for its multicultural heritage, eclectic food scene, and vibrant street culture. The area draws residents who appreciate proximity to both urban employment centres and leisure destinations, making it particularly attractive to those working in the Central Business District or nearby areas accessible via the TEL line.

Connectivity and Transport Advantages

Situated approximately 490 metres from Marine Terrace MRT station, 54 Marine Terrace offers residents a walking commute of roughly six minutes to the TE27 station. This proximity to the Thomson-East Coast Line represents a significant asset, as the station connects seamlessly to major economic zones and leisure destinations across Singapore. The MRT accessibility fundamentally shapes the development's appeal to working professionals, particularly those commuting to the city centre or employment nodes along the eastern and central corridors.

The station's role as a transport interchange amplifies the location's value proposition. Residents enjoy connectivity to Marina Bay, the Central Business District, and emerging growth zones in the north-east, reducing commute times and enhancing lifestyle flexibility. For families with multiple earning members or varying work locations, the rail connectivity translates into tangible time savings and reduced transport costs relative to car-dependent locations.

Neighbourhood Character and Amenity Profile

Katong has evolved as a distinctive residential precinct with strong community identity. The neighbourhood hosts a comprehensive range of amenities spanning wet markets, supermarkets, dining establishments, and retail outlets. Marine Terrace Road itself functions as a commercial spine, with shophouses, eateries, and service providers meeting daily household needs without requiring distant travel.

The area's established nature means mature trees, settled community networks, and proven retail anchors. Unlike newer developments on the suburban fringe, 54 Marine Terrace residents benefit from immediate proximity to functioning neighbourhood infrastructure rather than aspirational future amenities. Schools, medical clinics, and recreational facilities are distributed throughout Katong, reflecting the district's maturity as a family-oriented neighbourhood.

Unit Typology and Living Configurations

The development comprises HDB flats configured across multiple bedroom types, with units ranging from more compact configurations to spacious three-bedroom layouts. The three-bedroom variants typically encompass approximately 947 square feet, offering practical floor plans suitable for multi-generational families or households requiring dedicated work-from-home spaces. The standardised HDB construction methodology ensures consistent build quality, predictable layouts, and reasonable maintenance costs across the development's portfolio.

HDB flats at 54 Marine Terrace are designed to accommodate diverse household compositions. Larger units cater to growing families or those downsizing from landed properties, whilst smaller configurations appeal to young professionals or investors. The predictability of HDB specifications—standard ceiling heights, standardised sanitary fittings, and regulated finishes—simplifies purchase decisions and facilitates straightforward cost comparisons against competing developments in the vicinity.

Investment Perspective and Rental Yield Potential

Properties at 54 Marine Terrace appeal to investors seeking stable rental income within an established neighbourhood. The proximity to Marine Terrace MRT and the catchment of working professionals in the East Coast and Central areas ensures consistent tenant demand. Rental yields in the Katong precinct have historically remained competitive relative to newer developments on the periphery, reflecting the area's employment accessibility and lifestyle appeal.

Investors evaluating 54 Marine Terrace should consider the development's rental profile relative to ongoing supply increases in nearby precincts. The maturity of the neighbourhood suggests rental demand is driven by fundamental factors—commute time, lifestyle preference, neighbourhood identity—rather than development novelty. This foundation supports more resilient long-term rental income compared to properties dependent on short-term marketing cycles or first-occupation premiums.

Pricing Architecture and Market Position

The development's pricing reflects its established market position within the East Coast HDB landscape. Units at 54 Marine Terrace are positioned within the broader Katong price band, historically trading within a defined range relative to comparable developments in nearby precincts such as Marine Parade and Joo Chiat. The per-square-foot pricing for units here benchmarks against recent transactions in the immediate vicinity, with the MRT proximity commanding a locational premium relative to secondary streets further from transport nodes.

Buyers evaluating value should assess 54 Marine Terrace against competing inventory in Marine Parade and Bedok, where comparable HDB units offer differing MRT proximities and neighbourhood characteristics. The development's pricing typically reflects its mature status, well-developed amenity profile, and proven tenant demand—factors that justify valuations relative to newer supply in emerging precincts.

Leasehold Tenure and Long-Term Ownership Considerations

Units at 54 Marine Terrace operate under Singapore's standard HDB leasehold framework. Purchasers should clarify the specific lease tenure of their intended unit, as HDB properties typically carry 99-year tenures. Understanding the remaining lease duration is essential for long-term ownership planning and resale considerations, particularly for investors or those planning multi-decade holdings. Properties with substantial remaining lease tenure (typically above 70 years) generally retain stronger resale appeal and financing accessibility, whilst those approaching lease maturity may face refinancing challenges or reduced valuation growth.

Buyer Suitability and Target Demographics

54 Marine Terrace appeals to first-time HDB buyers seeking entry-level ownership in a connected, established neighbourhood. Young professionals and couples relocating to Singapore appreciate the proximity to the city centre and the neighbourhood's cosmopolitan character. Upgrading HDB owners trading up to larger layouts find the development attractive as an intermediate step before considering private housing. Investors seeking stable rental income in proven precincts recognise the development's demographic resilience and transport accessibility as underpinning sustained tenant demand.

For high-net-worth individuals, the development may serve as a portfolio stabiliser within mixed asset allocations, offering predictable yield characteristics and minimal management overhead relative to landed properties. Multigenerational families benefit from the spacious layouts and established neighbourhood structure, which facilitates social integration and access to age-appropriate community programming.

Financing and ABSD Considerations for Second-Property Purchasers

Buyers acquiring a property at 54 Marine Terrace as a second residential purchase should factor Additional Buyer's Stamp Duty into their total acquisition cost. Singapore Citizens purchasing a second residential property incur ABSD at 20%, calculated on the purchase price alongside standard Buyer's Stamp Duty. This materially affects overall purchase economics and should be incorporated into financing calculations and budgeting for the acquisition.

Mortgage financing for 54 Marine Terrace typically extends across 25 to 30-year terms, with loan-to-value ratios capped at 80% for HDB properties. Buyers should stress-test their Total Debt Servicing Ratio against prevailing mortgage rates, ensuring adequate financing headroom after accounting for ABSD and associated acquisition costs. First-time buyers benefit from ABSD exemption, making the development relatively more accessible for owner-occupier entry into the property market.

Future District Development and Long-Term Value Outlook

The East Coast district benefits from ongoing urban renewal initiatives and transport infrastructure development. Whilst Katong itself is a settled residential area unlikely to undergo major redevelopment, the broader East Coast region continues to attract amenity investment and economic activity. Future supply additions in nearby Bedok and Marine Parade precincts may influence pricing dynamics, though the established nature of Katong and its strong transport connectivity should support resilient long-term values.

Investors and owner-occupiers should monitor district-level planning announcements and retail lease renewals, as shifts in the commercial landscape influence neighbourhood vitality and rental demand. The proven stability of Katong as a residential address and the enduring appeal of Marine Terrace MRT connectivity suggest favourable conditions for long-term value preservation, albeit within the gradual appreciation patterns typical of mature HDB precincts rather than speculative growth trajectories.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 54 Marine Terrace?

Properties at 54 Marine Terrace typically attract gross rental yields ranging from 2.5% to 3.5%, depending on unit type, specific location within the development, and market conditions at time of acquisition. The Katong precinct's proximity to employment centres and established infrastructure supports consistent tenant demand from working professionals seeking convenient commutes to the Central Business District and East Coast economic zones. Investors should factor maintenance contributions, property management overhead, and tenant turnover costs when calculating net yield, as these elements materially affect actual returns. The development's rental appeal stems from the Marine Terrace MRT connection and neighbourhood amenities rather than short-term speculative demand, supporting more durable income generation relative to properties dependent on first-occupation premiums or development marketing cycles.

How does per-square-foot pricing at 54 Marine Terrace compare to recent transactions in the same area?

Units at 54 Marine Terrace typically transact within the S$550 to S$680 per square foot range, though pricing varies by exact unit configuration, floor level, and prevailing market sentiment. Recent comparable sales in nearby Marine Parade and secondary Katong locations suggest that MRT proximity commands a locational premium of approximately 10–15% relative to properties on secondary streets without direct transport access. Buyers should engage recent transaction data from the neighbourhood, as quarterly price movements in the East Coast segment reflect broader HDB market sentiment and interest rate cycles. The development's pricing position reflects its mature status and proven rental demand, typically tracking slightly below high-growth periphery developments whilst maintaining premium valuations relative to precincts further removed from major transport hubs.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing a second residential property here?

Singapore Citizens acquiring a property at 54 Marine Terrace as a second residential purchase incur Additional Buyer's Stamp Duty at the rate of 20%, calculated on the purchase price. For a unit priced at S$598,000, this equates to S$119,600 in ABSD liability, materially affecting total acquisition costs and requiring careful budgeting within overall financing plans. This ABSD obligation is separate from standard Buyer's Stamp Duty and various legal, survey, and registration fees, collectively adding roughly 20–25% to the nominal purchase price when fully accounted for. First-time homebuyers are exempt from ABSD entirely, making 54 Marine Terrace relatively more affordable for initial property owners compared to investors or upgraders, though the 20% ABSD rate on second purchases remains a significant consideration for portfolio diversification or investment acquisition strategies.

What lease decay risk exists, and how does remaining tenure affect resale value and financing?

HDB properties at 54 Marine Terrace typically carry 99-year leases, meaning tenure depends on the specific unit's original flat completion year. Flats with remaining tenure below 60 years may face financing constraints, as many lenders restrict loan-to-value ratios for properties with shorter lease horizons, and some financial institutions cease lending on flats with less than 20 years of tenure remaining at maturity. As leases decay below 70 years, resale values gradually compress relative to comparable units with longer remaining terms, as buyer pools narrow and investment appeal diminishes for those seeking multi-decade holdings. Purchasers should verify the exact remaining lease duration before acquisition and factor potential resale impact if planning ownership periods extending beyond 30–40 years, as lease maturity is one of the few factors independent of market sentiment that reduces property utility.

How does Marine Terrace MRT proximity influence long-term capital appreciation and demand for properties here?

The Marine Terrace MRT station (TE27) represents a primary demand driver for 54 Marine Terrace, with the six-minute walking proximity translating into demonstrable premium valuations relative to comparable HDB units on secondary streets without direct MRT access. Historically, properties within 400–500 metres of mass-rapid-transit stations in Singapore command sustained premiums of 8–15%, reflecting the profound influence of commute time on purchasing decisions and tenant appeal. Long-term capital appreciation at 54 Marine Terrace is substantially anchored by the enduring connectivity provided by the Thomson-East Coast Line, which links major employment zones and leisure destinations, ensuring sustained demand from working professionals and families prioritising transport accessibility. The station's operational history and proven role in the district's residential ecosystem suggest that MRT connectivity will remain a consistent value driver, supporting more predictable long-term appreciation than developments dependent on aspirational future amenity delivery or speculative urban renewal scenarios.

Is 54 Marine Terrace suitable for first-time homebuyers, upgraders, investors, and high-net-worth individuals?

First-time homebuyers find 54 Marine Terrace particularly attractive, as the established neighbourhood infrastructure, proven social integration pathways, and exemption from ABSD liability create a lower entry barrier compared to second-property acquisitions. Upgraders transitioning from smaller HDB units appreciate the spacious three-bedroom configurations and Katong's cosmopolitan character as an intermediate step before considering private housing. Investors recognise the development's rental stability and transport accessibility as supporting consistent tenant demand, particularly among working professionals with limited time for property management oversight. High-net-worth individuals may view 54 Marine Terrace as a portfolio stabiliser offering predictable yield characteristics, minimal management complexity relative to landed properties, and liquidity advantages inherent in the large HDB resale market. Each buyer profile benefits from different aspects of the development's appeal—whether owner-occupier lifestyle, investment yield, or portfolio diversification—making 54 Marine Terrace relevant across diverse buyer segments.

What Total Debt Servicing Ratio headroom exists at typical price points, and what financing conditions apply?

At the typical asking price of approximately S$598,000, purchasers financing 80% (approximately S$478,400) across a 25-year term at current mortgage rates of 3.5–4.0% face monthly servicing of roughly S$2,200–S$2,350. Singapore's Total Debt Servicing Ratio limits aggregate debt servicing at 60% of gross monthly income, meaning purchasers require gross monthly household income of approximately S$3,700–S$3,900 to service this mortgage comfortably with headroom for other obligations. Buyers with multiple income sources, existing property ownership, or substantial debt obligations may find their financing capacity materially constrained, requiring larger cash deposits or co-applicant arrangements. First-time buyers benefit from potentially higher LTV ratios (up to 90% for some schemes) compared to investment acquisitions, improving accessibility for owner-occupiers. Interest rate sensitivity is material, as 50 basis points of rate movement translates into roughly S$95–S$120 monthly servicing variations, reinforcing the importance of stress-testing at higher rate scenarios.

How does 54 Marine Terrace compare to competing HDB developments in Marine Parade and Joo Chiat?

Nearby Marine Parade precincts generally offer comparable HDB unit types and price ranges (S$550–S$700 per square foot), though developments further from MRT stations typically trade at 5–10% discounts reflecting longer commute distances. Joo Chiat properties, whilst in adjacent neighbourhoods, carry different neighbourhood character—slightly more retail-oriented and eclectic compared to Katong's residential focus—and variable MRT proximity depending on specific location. 54 Marine Terrace's direct Marine Terrace MRT access differentiates it positively against Marine Parade flats requiring longer walks to transport nodes, whilst Katong's established reputation and hawker-focused lifestyle appeal may align better with certain buyer preferences than Joo Chiat's more transit-oriented character. Pricing competition exists primarily within the immediate Marine Terrace precinct, where recent unit completions or resale listings temporarily depress valuations, though the absence of substantial new HDB supply directly competing with 54 Marine Terrace supports relatively stable pricing dynamics compared to developments in active construction areas.

Which unit stack or floor level within the development offers best value for money?

Middle floors (approximately levels 5–15) typically offer optimal value within HDB developments, as they command modest premiums over lower floors whilst avoiding the substantially higher valuations attached to penthouses or top-tier levels. These mid-stack units enjoy superior cross-ventilation compared to ground-floor configurations whilst avoiding potential noise or privacy concerns on lower storeys. Within 54 Marine Terrace specifically, units with eastern or south-facing orientations benefit from better natural lighting and reduced afternoon heat gain, though these directional premiums vary based on surrounding built environment and individual preferences. End-of-block units occasionally offer value advantages relative to identically configured centrally-located flats, as they provide superior cross-ventilation and potential privacy benefits, sometimes priced at modest discounts reflecting niche buyer preferences. Purchasers should inspect unit-specific features rather than relying solely on floor level, as orientation, adjacency to common facilities, and structural idiosyncrasies can materially affect long-term satisfaction and resale appeal independent of price paid.

What future HDB supply pipeline exists in the broader East Coast district, and how might this affect 54 Marine Terrace valuations?

The Housing Development Board's pipeline for the East Coast district includes targeted supply additions in Bedok and northern Marine Parade precincts, though Katong itself (being fully developed) has limited capacity for substantial new HDB projects. Recent government land sales and tender results indicate that new HDB supply in nearby areas may gradually increase market choice, potentially moderating price growth for established developments like 54 Marine Terrace through incremental competition. However, the location's transport connectivity, established neighbourhood character, and limited substitutable land supply suggest that competition from new projects will focus on first-time buyers and upgraders rather than directly displacing demand for mature, well-located properties. Long-term value trajectory at 54 Marine Terrace is likely to reflect broader East Coast housing demand, demographic evolution, and interest rate movements rather than being heavily disrupted by incremental new supply, particularly given the Marine Terrace MRT's sustained importance in the district's connectivity landscape.

[For Sale] Hdb Flat At Marine Terrace — From S$598K