Type

Units

Min Area

Price Range

3 BR

1292 sqft

S$968K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$968K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$194K on this acquisition.
Located 9 min (740 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.

3 Marine Terrace: A Mature HDB Development in East Coast Singapore

3 Marine Terrace stands as a well-established public housing development in one of Singapore's most desirable residential neighbourhoods. Located in the Marine Terrace area on the East Coast, this HDB project offers residents a harmonious blend of urban convenience and neighbourhood tranquillity that has made it consistently attractive to owner-occupiers and investors alike.

The development benefits from proximity to Marine Terrace MRT Station (TE27), situated just under 740 metres away—a manageable walk of approximately nine minutes that places residents within easy reach of the Thomson-East Coast Line. This accessibility to rapid transit infrastructure significantly enhances connectivity to the city centre and CBD, whilst also supporting long-term capital appreciation prospects for units within the scheme.

Layout, Design and Living Spaces

Units at 3 Marine Terrace are characterised by thoughtful spatial planning that maximises liveable floor area and functional room configurations. Current offerings showcase generously proportioned bedrooms fitted with built-in wardrobes, separate utility and helper rooms with natural light from windows, and dual bathroom arrangements comprising both ensuite and common facilities. The kitchen and yard areas have been modernised to contemporary standards, whilst full air-conditioning across all bedrooms and living spaces ensures year-round comfort in Singapore's tropical climate.

The property layouts reflect careful attention to natural ventilation and ambient brightness, with many units positioned to capture greenery views and tree-top perspectives from their windows. This orientation not only enhances day-to-day living experience but also supports the psychological wellbeing of occupants—a factor increasingly valued by discerning homebuyers in Singapore's competitive HDB market.

Neighbourhood Context and Local Amenities

The Marine Terrace precinct is fully mature, with comprehensive infrastructure and community facilities woven throughout the surrounding residential blocks. Residents enjoy immediate access to neighbourhood wet markets and hawker centres, where daily fresh groceries and authentic local cuisine are available within walking distance. This traditional HDB neighbourhood strength remains a significant draw for families who value convenience and authentic community living.

Educational facilities in the locality are robust, with Tao Nan Primary School and Ngee Ann Primary School both situated within one kilometre, making 3 Marine Terrace an appealing choice for families with school-age children. Supermarkets, food courts, and ancillary retail outlets are scattered throughout the neighbourhood, whilst Parkway Parade shopping mall provides a larger retail and entertainment hub in close proximity.

Transport Connectivity and Accessibility

Beyond the Marine Terrace MRT Station, the development benefits from strategic positioning relative to Singapore's major expressway network. The East Coast Parkway (ECP) and Ayer Rajah Expressway (AYE) are readily accessible, enabling swift commutes to the business districts, industrial estates, and other key employment centres across the island. Bus stops serving multiple routes are within immediate reach, providing supplementary public transport alternatives for residents without private vehicles.

This multi-modal transport advantage has historically supported strong resale velocity in the Marine Terrace area, as the combined convenience of both rapid transit and expressway access appeals to a broad demographic of buyer profiles—from young professionals to established families and upgrade-seeking empty nesters.

Property Condition and Investment Readiness

Current units at 3 Marine Terrace are presented in well-maintained condition, with renovation works completed to modern standards and move-in readiness assured. The development does not carry any tenancy encumbrances, meaning incoming owner-occupiers inherit clean titles without tenant displacement complications. This clean slate presents an attractive acquisition scenario for both end-users and investors seeking immediate occupancy or rental deployment options.

The neighbourhood's established profile, mature amenities ecosystem, and consistent HDB demand patterns combine to position 3 Marine Terrace as a stable platform for both residential enjoyment and medium to long-term capital preservation within Singapore's public housing sector.

Market Position and Value Proposition

HDB flats in the Marine Terrace area continue to command competitive pricing that reflects their location premium relative to more distant estates, whilst remaining accessible to a wide range of buyer profiles. The per-square-foot valuations in this neighbourhood have historically tracked favourably against comparable developments in similar MRT accessibility bands, making 3 Marine Terrace a rational choice for those balancing lifestyle quality with prudent financial stewardship.

Prospective buyers should view units at 3 Marine Terrace within the context of East Coast HDB supply patterns and the proven demand dynamics that have characterised this neighbourhood over multiple market cycles. The combination of location, amenity access, and thoughtful interior design creates a compelling proposition for owner-occupiers and investors evaluating their next HDB acquisition.

Frequently Asked Questions

What is the estimated rental yield for an investor purchasing an HDB flat at 3 Marine Terrace?

Rental yields for HDB flats in the Marine Terrace area typically range from 2.5% to 3.5% per annum, depending on unit configuration, floor level, and prevailing market conditions. Units at 3 Marine Terrace, given their proximity to Marine Terrace MRT Station and comprehensive neighbourhood amenities, generally attract tenant demand from young professionals, small families, and expatriates seeking established residential areas with strong connectivity. Investors should conduct detailed rental market analysis for comparable units in the precinct to model cashflow scenarios, as HDB rental dynamics can shift with broader economic cycles and changes in foreign worker housing policies.

How do per-square-foot prices at 3 Marine Terrace compare to recent transactions in the Marine Terrace neighbourhood?

Per-square-foot pricing at 3 Marine Terrace reflects the Marine Terrace area's established position within East Coast HDB valuations, typically benchmarking between S$750 and S$850 per square foot depending on floor level, view orientation, and individual unit condition. Recent transacted comparable HDB flats in the neighbourhood have demonstrated steady price stability, with minimal year-on-year depreciation in well-maintained units with full-condition interiors and MRT accessibility. Prospective buyers should obtain recent transaction reports from HDB resale data sources to confirm market-clearing rates for similar unit types in the same street block, ensuring rational pricing entry relative to neighbourhood benchmarks.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I am a Singapore Citizen purchasing a second residential property at 3 Marine Terrace?

Singapore Citizens purchasing a second residential property incur ABSD at the rate of 20% on the purchase price, in addition to standard Buyer's Stamp Duty. For an HDB flat priced at S$968,000, the ABSD liability would be approximately S$193,600, substantially increasing the total acquisition cost beyond the base purchase price. This duty is payable upon execution of the sale and purchase agreement and significantly impacts the investment thesis for upgraders or investors acquiring a second residential property. Buyers should factor this 20% ABSD obligation into their financial planning and obtain advice from a conveyancing lawyer to understand the full stamp duty position before committing to a purchase.

What is the lease tenure at 3 Marine Terrace, and how does lease decay affect long-term resale value?

HDB flats at 3 Marine Terrace are held on a 99-year leasehold tenure from the point of construction. As the lease decays, the remaining lease period may impact resale valuations and mortgage financing availability, particularly when the lease falls below 60 years. The Marine Terrace development, depending on its initial construction date, will at some future point be subject to HDB's Lease Buyback Scheme or potential en bloc renewal mechanisms, though such outcomes remain uncertain and dependent on future government policy. Current buyers should be aware that 99-year leases do experience theoretical decline in residual value as the lease matures, and should factor this long-term trajectory into their investment horizon and exit planning.

How does proximity to Marine Terrace MRT Station affect demand and capital appreciation at 3 Marine Terrace?

Proximity to Marine Terrace MRT Station (TE27) on the Thomson-East Coast Line is a primary demand driver for units at 3 Marine Terrace, as the nine-minute walk (approximately 740 metres) places the development firmly within the premium MRT accessibility band for East Coast HDB flats. Historical data demonstrates that HDB developments within 10-minute walking distance of MRT stations command sustained demand from commuters prioritising rapid transit connectivity, supporting both rental uptake and capital appreciation momentum. As Singapore's MRT network expands and transport-oriented development becomes increasingly valued, the Marine Terrace station's connectivity advantage should provide structural support to property valuations across the 3 Marine Terrace precinct, particularly during market upswings when location premiums expand.

Which buyer profiles are best suited to purchasing an HDB flat at 3 Marine Terrace?

3 Marine Terrace appeals primarily to young families and upgraders seeking established neighbourhoods with schools, hawker centres, and mature community infrastructure, as well as owner-occupiers prioritising MRT accessibility and lifestyle convenience over proximity to new launch developments. First-time HDB buyers with moderate budgets can access entry-level units within the project, provided they meet HDB eligibility criteria and do not trigger Additional Buyer's Stamp Duty liabilities. High-net-worth investors and overseas purchasers (subject to eligibility restrictions) may view units at 3 Marine Terrace as stable rental assets within an established precinct, though the moderate yields and acquisition costs mean such capital is often deployed toward premium private residential alternatives. Upgraders transitioning from smaller HDB units to larger configurations with multiple bathrooms and helper facilities will find the layout offerings particularly compelling.

What financing headroom should I expect under TDSR rules when purchasing an HDB flat at 3 Marine Terrace?

The Total Debt Servicing Ratio (TDSR) framework limits borrowing capacity to approximately 55% of gross monthly income for HDB flat purchases, with current Housing and Development Board loan rates and standard 25-year amortisation periods. For a purchaser acquiring an HDB flat priced around S$968,000 with a 25% down payment, the monthly mortgage servicing would require annual gross income of approximately S$120,000–S$140,000 (or monthly income of S$10,000–S$11,667) to remain comfortably within TDSR guidelines. First-time buyers may access HDB loans at more favourable terms than private financing, potentially freeing additional cashflow for living expenses and emergencies. Prospective buyers should consult with HDB financial advisers or licensed mortgage brokers to model precise financing scenarios based on individual income, existing debts, and family circumstances before making a purchase commitment.

How does 3 Marine Terrace compare to competing HDB developments in the East Coast area?

3 Marine Terrace competes within a mature HDB landscape that includes established blocks in Marine Parade, Katong, and adjacent precincts, many of which offer comparable MRT accessibility and neighbourhood amenities. Some competing developments may benefit from newer renovation cycles or different architectural designs, whilst others may occupy less premium MRT-proximate locations, creating a spectrum of pricing options for discerning buyers. The defining advantages of 3 Marine Terrace centre on its specific street-level position, unit layout characteristics, and the current condition of available inventory rather than any substantial differentiation in precinct amenities or transport infrastructure. Serious buyers should conduct comparative site visits and transactional price analysis across competing HDB blocks in the East Coast cluster to identify value-for-money opportunities and ensure rational pricing entry.

Which unit stack or floor level at 3 Marine Terrace offers the best value proposition?

Mid-level units (floors 7–15) at 3 Marine Terrace typically offer the optimal balance of pricing accessibility, natural ventilation, and safety considerations, as lower-floor units may command slight discounts due to street-level noise and shadow effects, whilst upper-floor units often attract premiums for enhanced views and reduced noise. Units positioned to capture tree-top and greenery perspectives will command enhanced perceived amenity value without necessarily justifying proportionate price increases, presenting arbitrage opportunities for value-conscious buyers. Corner units and units with multiple external exposures generally command higher valuations due to enhanced natural light and cross-ventilation, though such premiums may not always be economically justified relative to the additional cost. Prospective buyers should physically inspect units across multiple floors and orientations to assess personal preferences for natural light, privacy, and outlook before committing to a specific stack or floor level.

What future supply pipeline exists in the East Coast HDB market, and how will this affect 3 Marine Terrace valuations?

The East Coast precinct, being a mature and extensively developed HDB area, has limited scope for major new public housing launches in immediate proximity to 3 Marine Terrace, though HDB's broader land use planning may introduce developments in adjacent subzones or bring older estates into renewal cycles. The absence of significant new supply in established Marine Terrace will support structural demand stability for existing stock, as buyer cohorts seeking this specific neighbourhood will face constrained alternatives and potentially increased competition for available units. Conversely, major new HDB launches in other East Coast or City Fringe locations may create substitute options for some buyer profiles, introducing mild competitive pressure on pricing. The maturity of the East Coast HDB landscape suggests that 3 Marine Terrace will benefit from limited new supply dynamics, though prospective investors should monitor HDB's five-year public housing pipeline announcements and Urban Redevelopment Authority planning frameworks to anticipate any material changes in neighbourhood supply-demand balances.

Hdb Flat At 3 Marine Terrace — From S$968K