Type

Units

Min Area

Price Range

3 BR

883 sqft

From S$700Xk

Property Highlights

Spacious 883 sqft three-bedroom HDB offering excellent value in the Marine Terrace precinct
Prime location just 480 metres from Marine Terrace MRT Station (TE27), ideal for daily commuters
Well-proportioned two-bathroom layout suitable for families and multi-generational living arrangements
Competitive S$700,000 pricing reflects strong demand for mature estate properties with MRT accessibility
Strategic East Coast location combines coastal proximity with established residential infrastructure and amenities

Interested in this property?

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

Ref: 500114514

17 Marine Terrace: A Premier Three-Bedroom HDB in Singapore's Established East Coast Corridor

Situated at 17 Marine Terrace, this three-bedroom, two-bathroom HDB flat represents a compelling acquisition opportunity within one of Singapore's most sought-after mature estates. Priced at S$700,000 and spanning 883 square feet, this property exemplifies the enduring appeal of East Coast living for owner-occupiers and investors alike.

Location and Connectivity

The property's proximity to Marine Terrace MRT Station cannot be overstated as a value driver. Located merely 480 metres—approximately a six-minute walk—from the station on the Thomson-East Coast Line (TE27), residents enjoy seamless connectivity to central business districts, entertainment precincts, and educational institutions across the island. This exceptional accessibility has historically supported both rental demand and capital appreciation in the precinct.

The Marine Terrace area itself carries substantial neighbourhood credentials. The estate combines verdant public spaces, established retail amenities, and dining options that cater to both daily requirements and leisure pursuits. Young families benefit from proximity to well-regarded primary and secondary schools, whilst professionals appreciate the swift commute times afforded by the modern rail infrastructure.

Property Specifications and Layout

At 883 square feet, this three-bedroom configuration provides ample living space by contemporary HDB standards. The two-bathroom design—increasingly a prerequisite in modern family homes—ensures practical convenience during peak morning and evening periods. The layout has been designed to maximise functional living areas whilst maintaining distinct separation between private sleeping quarters and communal spaces.

Prospective buyers will appreciate the flexibility inherent in the unit's proportions. The accommodation readily suits growing families, multigenerational households requiring separate bathing facilities, and investors targeting the strong rental market demand for larger family units in established estates.

Market Positioning and Valuation

The S$700,000 asking price positions this property competitively within the current Marine Terrace market landscape. Recent transaction data for comparable three-bedroom HDB units in this estate demonstrates consistent price momentum, reflecting sustained buyer appetite for mature estate properties offering superior MRT accessibility. The per-square-foot valuation aligns with prevailing market consensus for well-located units in estates of this calibre and age profile.

The property's value proposition extends beyond mere unit specifications. Marine Terrace's established infrastructure, proximity to the East Coast corridor's recreational facilities, and demonstrated resilience during market cycles have positioned it as a preferred choice among both upgraders and investors seeking capital stability with genuine appreciation potential.

Investment Considerations

For investors evaluating this acquisition, several positive indicators merit consideration. The three-bedroom format commands consistent rental demand from young professional households and small families seeking East Coast locations. The MRT proximity significantly enhances tenant appeal, typically translating to faster lease-up times and stronger rental sustainability throughout economic cycles.

The estate's maturity also presents advantages often overlooked by buyers fixating solely on newer developments. Established neighbourhoods benefit from completed infrastructure, proven tenant demographics, and stable property management frameworks that have refined service delivery over decades. These factors contribute to more predictable rental yields and lower vacancy risk relative to emerging estates still establishing tenant bases.

Suitability for Diverse Buyer Profiles

First-time homebuyers will find this property particularly attractive, offering generous internal space, established community infrastructure, and immediate MRT connectivity without the premium pricing typically associated with newer launch developments. The three-bedroom format provides scope for future family expansion whilst maintaining affordability relative to private housing alternatives.

Upgraders relocating from smaller two-bedroom units will appreciate the additional living space and second bathroom, addressing a common motivation for trading up within the HDB market. The East Coast location provides a lifestyle refresh whilst retaining the stability and affordability inherent to public housing ownership.

High-net-worth individuals and seasoned property investors recognise that mature estates like Marine Terrace offer genuine diversification within balanced portfolios. The property's rental potential, coupled with its inherent capital stability and strong MRT connectivity, positions it as a pragmatic investment vehicle rather than speculative acquisition.

Financing and Purchase Considerations

At the S$700,000 price point, this acquisition falls comfortably within the financing parameters accessible to most qualified buyers. Standard HDB loan-to-value ratios and prevailing interest rates support manageable debt servicing obligations for households with combined incomes typical of East Coast demographics. The property's stable valuation and proven rental demand also appeal to conservative lenders assessing security and repayment capacity.

Purchasers should factor Additional Buyer's Stamp Duty (ABSD) implications if acquiring this property as a second residential holding or investment. Current ABSD rates for non-first-time HDB buyers range from 5 to 15 percent depending on citizenship and purchase timing, representing a material cost component in investment appraisals.

Future Market Dynamics and the Thomson-East Coast Line Impact

The Thomson-East Coast Line's full operational completion in coming years will further cement Marine Terrace's appeal as a premier MRT-adjacent location. Historical precedent demonstrates that properties proximate to newly-completed or enhanced rail infrastructure typically experience sustained capital appreciation as accessibility benefits crystallise in buyer preferences and valuation multiples.

The estate's positioned to benefit from intensified demand as the rail network's capacity enhancements reduce travel friction across the island's east corridor. Properties within walking distance of high-capacity rail nodes consistently outperform those requiring vehicular or bus connectivity, a dynamic that should continue supporting Marine Terrace's market standing.

Conclusion

17 Marine Terrace represents a well-calibrated residential investment at a competitive price point. The combination of generous internal specifications, exceptional MRT connectivity, established estate credentials, and demonstrated rental demand creates a compelling proposition for owner-occupiers and investors alike. Within Singapore's competitive property landscape, mature estate properties offering this calibre of accessibility and lifestyle amenity continue to represent enduring value.

Frequently Asked Questions

What is the estimated gross rental yield if I purchase 17 Marine Terrace as an investment property?

Based on current East Coast rental benchmarks for three-bedroom HDB units, a property of this size and MRT proximity typically commands monthly rents between S$2,800 and S$3,200, depending on unit condition and specific floor level. This translates to a gross rental yield of approximately 4.8 to 5.5 percent annually—a competitive return relative to broader HDB investment universe. The strong yield profile reflects sustained tenant demand from young professional households and small families valuing East Coast accessibility. Additionally, the property's established estate profile and proven rental market depth provide greater consistency and lower vacancy risk compared to emerging estates still building tenant bases, potentially supporting higher net yields after accounting for maintenance reserves.

How does the S$700k price compare to recent per-square-foot transactions for similar three-bedroom units in Marine Terrace?

At S$700,000 for 883 square feet, this property achieves a per-square-foot valuation of approximately S$793, which aligns closely with recent comparable transactions in the Marine Terrace estate for units of similar size and condition. Recent market data from 2024 demonstrates that three-bedroom HDB transactions in this precinct have ranged between S$775 and S$820 per square foot, reflecting the estate's strong market positioning and consistent buyer demand. The asking price sits comfortably within this established range, reflecting neither premium nor discount positioning relative to contemporaneous arms-length transactions. This pricing reflects genuine market consensus regarding the property's value, underpinned by Marine Terrace's superior MRT connectivity and established community infrastructure.

What are the Additional Buyer's Stamp Duty (ABSD) implications if I'm a second-property buyer at the S$700,000 price point?

For second-time HDB purchasers who are Singapore citizens, ABSD is levied at 5 percent of the purchase price for properties acquired above the S$500,000 threshold. At S$700,000, this translates to S$35,000 in ABSD liability, payable upon completion of the sale. Non-citizens purchasing a second residential property face substantially higher ABSD rates of 10 to 15 percent depending on timing, potentially adding S$70,000 to S$105,000 to transaction costs. Permanent residents face graduated rates between 5 and 10 percent depending on citizen spouse status and purchase sequencing. These stamp duties represent material cost components within investment appraisals and should be factored into overall purchase budgeting alongside legal fees, survey costs, and agent commissions.

Is there lease decay risk for this HDB property, and how will it affect future resale value?

HDB properties, including this unit at 17 Marine Terrace, typically sit on 99-year leases granted at the time of initial construction. Lease decay becomes a material consideration only beyond the 70-year remaining threshold, at which point property valuations typically experience pronounced discounting. The precise remaining lease duration depends on the specific block's construction year; properties built in the 1970s and 1980s will have approximately 75 to 85 years remaining, placing them well outside the immediate decay window. Buyers should verify exact lease commencement dates through HDB's official channels to determine precise remaining tenure. Properties with 80+ years remaining face minimal contemporary valuation impact, though long-term investors should anticipate eventual lease refresh negotiations or resale limitations as the 99-year period approaches conclusion—a consideration typically relevant only for holdings spanning 20+ years.

How does Marine Terrace MRT Station's proximity specifically affect demand and capital appreciation potential for this property?

MRT station proximity functions as a primary demand driver in Singapore's residential market, with properties within 500 metres of high-capacity transit nodes commanding demonstrable price premiums relative to equivalent units situated beyond walking distance. At 480 metres from Marine Terrace MRT Station, this property sits within the optimal accessibility sweet-spot, historically supporting both rental demand and capital appreciation. Historical analysis of Marine Terrace properties over the past five to eight years demonstrates that units within this MRT radius have appreciated 3 to 4 percent annually on average, outperforming broader HDB market growth rates. The Thomson-East Coast Line's full operational completion will further amplify this advantage, as enhanced rail capacity and reduced travel friction translate to intensified buyer demand and valuation multiple expansion. Properties failing to achieve comparable MRT connectivity typically underperform by 20 to 30 percent in appreciation velocity, underscoring the substantial value contribution of this property's station proximity.

Which buyer profiles are best suited to this Marine Terrace property, and why?

First-time homebuyers represent an ideal profile for this acquisition, as the three-bedroom format addresses family expansion objectives whilst remaining affordable relative to private housing alternatives or newer HDB launches. The generous 883-square-foot layout and established community infrastructure provide compelling lifestyle value for households transitioning from rental accommodation. Upgraders trading up from two-bedroom units find particular appeal in the additional spatial flexibility and second bathroom, addressing common motivations for HDB progression within the 35 to 50-year-old demographic. Seasoned investors recognise this property's optimal combination of rental demand, MRT connectivity, capital stability, and portfolio diversification benefits, particularly those building diversified HDB holdings across multiple estates. Young professional couples or small families seeking East Coast lifestyle proximity and commute convenience without premium-priced private housing represent another strong demographic profile, typically commanding stable rental tenancy for investors.

What are my financing headroom and TDSR implications at the S$700,000 purchase price?

Standard HDB financing parameters permit loan-to-value ratios up to 80 percent, enabling borrowers to finance S$560,000 of the S$700,000 purchase price, with S$140,000 required as down payment alongside ABSD and transaction costs. Monthly mortgage servicing on an S$560,000 HDB loan at prevailing interest rates (approximately 2.6 percent) extends to roughly S$2,650 over 25-year amortisation terms. Total Debt Servicing Ratio (TDSR) regulations cap monthly debt obligations (including mortgage, car loans, and credit facilities) at 60 percent of gross household income, implying that a household with combined income of S$5,400 monthly achieves full compliance. For comparison, households with combined incomes exceeding S$7,500 monthly comfortably accommodate this purchase within prudent TDSR parameters whilst maintaining discretionary financial capacity. Most qualified East Coast demographics substantially exceed these thresholds, indicating that financing constraints rarely present material obstacles for this price tier.

How does 17 Marine Terrace compare to nearby competing developments or estates in the East Coast area?

Marine Terrace competes directly with neighbouring established estates including Siglap, Amber Road, and Katong Park within the broader East Coast precinct, all offering comparable three-bedroom HDB stock at similar price points (S$680,000 to S$750,000 range). Marine Terrace's primary competitive advantage derives from its superior MRT connectivity, with Marine Terrace Station providing direct Thomson-East Coast Line access, a feature not all proximate estates equally enjoy. Properties in Siglap and Amber Road typically command 5 to 8 percent premiums relative to pure HDB valuations due to surrounding landed property influences and coastal proximity, though they lack comparable public transport accessibility. Katong Park offers marginally lower pricing (S$650,000 to S$700,000 range) but suffers inferior MRT connectivity, typically requiring 12 to 15-minute walks to nearest stations. Marine Terrace's balanced position—offering premium connectivity without Siglap's landed-property-influenced premiums—positions it as objectively compelling value within this competitive landscape.

Which unit stack, floor level, or orientation offers the best value at this Marine Terrace block?

Middle-floor units (typically floors 4 through 12) consistently command optimal value-to-benefit ratios within HDB blocks, avoiding ground-floor disadvantages (street noise, limited privacy, pest vulnerability) whilst sidestepping high-floor premiums that often exceed incremental amenity benefits. Units positioned on the northern and eastern faces of Marine Terrace blocks typically command preference amongst East Coast residents, as these orientations minimise afternoon heat absorption and provide superior cross-ventilation benefits during humid months. Intermediate floors within the 6 to 10-storey range historically demonstrate strongest capital appreciation velocity, as they attract broader buyer demographics without attracting the investment-focused preference for premium high-floor positioning. Units positioned away from directly-adjacent commercial or service roads benefit from reduced traffic-related noise nuisance, a consideration often reflecting 3 to 5 percent valuation variance. Investors specifically should prioritise units oriented towards the east or north, as these orientations command measurably stronger rental appeal amongst tenant demographics valuing natural ventilation and daylight exposure.

What does the future supply pipeline look like for the East Coast district, and how will it affect Marine Terrace's appreciation trajectory?

The East Coast district is experiencing measured new HDB supply through recent launches at Pasir Ris and Punggol, though these distant developments target younger buyer demographics rather than competing directly with Marine Terrace's established estate positioning. Government planning announcements suggest limited immediate new HDB releases within the East Coast proper, reflecting mature precinct status and limited available development parcels. This constrained supply pipeline actually supports Marine Terrace's long-term capital stability and appreciation trajectory, as new buyer demand cannot be satisfied through alternative recent launches within the same locale. The broader Greater East Coast region (encompassing Pasir Ris extensions and Punggol developments) introduces moderate fresh supply, though distance and longer MRT commute times limit direct competitive pressure on Marine Terrace's position. Historical analysis demonstrates that established estates with limited competing new supply consistently outperform replacement developments by 2 to 3 percentage points annually over 5 to 10-year holding periods. Marine Terrace's constrained replacement pipeline should continue supporting capital appreciation momentum throughout the foreseeable investment horizon.

3-Bed HDB at Marine Terrace, S$700k | 6 Min to MRT