Type

Units

Min Area

Price Range

3 BR

700 sqft

S$3,588/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$3,588.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$718 on this acquisition.
Located 8 min (670 m) from TE26 Marine Parade 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.

67 Marine Drive: An Established HDB Community in Marine Parade

67 Marine Drive stands as a prominent residential address in the heart of Marine Parade, one of Singapore's most sought-after east-coast neighbourhoods. This HDB development represents a mature living environment that has proven its appeal to families, investors, and upgrade-seekers alike. The project sits within a well-established community characterised by proximity to essential services, recreational facilities, and reliable public transport connectivity.

The development occupies a strategic position within Marine Parade, a district celebrated for its seaside charm and cosmopolitan character. Residents benefit from the immediate vicinity of major shopping destinations, hawker centres, and dining options that define the precinct's vibrant streetscape. The neighbourhood's stability and long-standing reputation make it a perennial choice for buyers seeking both lifestyle quality and long-term asset appreciation.

Convenient Transport Links and Accessibility

One of the defining strengths of 67 Marine Drive is its proximity to TE26 Marine Parade MRT Station, positioned just eight minutes away on foot. This direct connection to the East Coast Line ensures seamless travel across Singapore, linking residents to employment hubs, educational institutions, and entertainment precincts throughout the island. The station's central role within the broader transit network means that commute times to the CBD and other key business districts remain highly competitive.

Beyond rail connectivity, the development benefits from an extensive bus network serving the Marine Parade precinct. Multiple bus routes offer connections to neighbouring districts and major transport interchanges, reinforcing the area's appeal to commuters and those without private vehicles. The combination of MRT accessibility and comprehensive bus coverage provides flexibility for daily travel needs across diverse user profiles.

Unit Offerings and Space Standards

The development comprises residential units spanning various configurations, accommodating different household sizes and living preferences. Unit sizes range across the typical HDB spectrum, with interior floor areas designed to maximise efficiency whilst maintaining comfort. The availability of multiple bed configurations ensures that prospective buyers can identify options suited to their specific accommodation requirements, whether seeking a compact unit for first-time buyers or a larger layout for growing families.

Finishes and design standards reflect the maturity of the development and prevailing HDB construction practices. Units feature functional layouts optimised for Singapore's tropical climate, with attention to natural ventilation and light penetration. The distribution of units across the stack provides diversity in orientation and exposure, allowing buyers to weigh factors such as morning light, afternoon shade, and breeze direction according to personal preference.

Investment Potential and Rental Market Dynamics

For investors evaluating 67 Marine Drive as an acquisition opportunity, the development's location within Marine Parade presents compelling fundamentals. The area's established reputation, excellent transport links, and concentration of working professionals create consistent rental demand. The proximity to Marine Parade MRT Station enhances the development's appeal to tenants seeking convenience and lifestyle amenities, supporting rental rate sustainability and occupancy longevity.

The neighbourhood's demographic composition—encompassing young professionals, established families, and empty-nesters—ensures diverse tenant pools across investment holding periods. The relative maturity of the precinct means rental rates have stabilised at predictable levels, reducing volatility and supporting yield projection confidence. Investors should note, however, that rental yields within Marine Parade remain subject to broader market cycles and new supply pipeline dynamics affecting the district.

Pricing Context and Market Positioning

Units at 67 Marine Drive reflect pricing aligned with prevailing Marine Parade market standards for HDB stock of comparable age and configuration. The development's centrality and MRT proximity position it at a premium relative to more distant estates, though this reflects the tangible value of accessibility and location. Recent transactional activity within the broader Marine Parade precinct suggests sustained buyer appetite for well-positioned HDB stock in this corridor.

Prospective buyers should contextualise pricing against per-square-foot benchmarks established by recent transactions in the immediate vicinity. Marine Parade's consistency as a secondary market choice—favoured for upgrades from distant estates and as a stepping stone before pursuing private residential stock—underpins pricing resilience. The development's established status means pricing data is abundant and comparable transactions numerous, supporting informed valuation assessment.

Financing Considerations and Buyer Suitability

For owner-occupiers seeking to purchase at 67 Marine Drive, total debt servicing ratio (TDSR) headroom typically remains accessible at prevailing loan-to-value ratios for HDB stock. The development's price positioning relative to typical household incomes across Singapore's middle-income spectrum ensures financing accessibility for qualifying first-time buyers and upgraders. Most institutional lenders maintain established lending criteria for mature HDB developments in prime locations, streamlining the mortgage approval process.

First-time buyers will find 67 Marine Drive particularly attractive due to its location stability and established infrastructure. The neighbourhood's maturity means no risk of incomplete project delivery or construction-related disruptions affecting amenities or walkability. Upgraders transitioning from distant estates or smaller units benefit from the clear improvement in location quality and transport connectivity, justifying the price differential relative to newer, more remote developments.

Regulatory Implications for Multiple Property Holders

Singapore citizens considering 67 Marine Drive as a second residential property acquisition should anticipate Additional Buyer's Stamp Duty (ABSD) implications. Current ABSD rates for Singapore citizens purchasing a second residential property stand at 20%, adding materially to the upfront cash outlay required for transaction completion. This duty applies on top of standard buyer's stamp duty and other acquisition costs, and should be factored into investment feasibility calculations and overall capital deployment strategy.

For investors and upgraders holding existing residential property, ABSD represents a significant consideration in the transaction cost structure. Careful modelling of financing, ABSD, and other stamp duties ensures realistic return projections and cash flow forecasting. Some investors choose to structure acquisitions strategically around timing of existing property disposals, though such planning requires legal and financial advisory input tailored to individual circumstances.

Lease Tenure and Resale Value Dynamics

As an HDB property, 67 Marine Drive carries a 99-year lease from the date of construction. This lease tenure is standard across the HDB portfolio and does not constrain resale marketability within typical holding periods, particularly for holdings of less than twenty years. The development's established status means that lease decay is not an immediate concern for current buyer cohorts, though investors with horizons extending beyond thirty to forty years should anticipate gradual lease depreciation's impact on residual values in the distant future.

The Singapore government's Home Improvement Programme (HIP) and ongoing estate upgrading initiatives support value preservation in mature HDB precincts. Marine Parade's continued investment in public realm amenities, transport infrastructure, and community facilities helps sustain desirability and asset appreciation momentum. Buyers should remain cognisant that whilst 99-year leases present no practical obstacle for medium-term ownership, very long-term projections demand consideration of lease length as a variable affecting far-future resale appeal.

Neighbourhood Character and Lifestyle Amenities

Beyond property fundamentals, 67 Marine Drive benefits from Marine Parade's distinctive east-coast character and established lifestyle ecosystem. The precinct offers proximity to beaches, coastal parks, and recreational facilities that enhance quality of life for residents. Dining and retail options cluster throughout the neighbourhood, providing convenient access to leisure and consumption opportunities without requiring distant travel.

The area's demographic stability and community cohesion reflect its long-standing popularity as a residential destination. Schools, healthcare facilities, and other essential services are firmly embedded within the neighbourhood fabric. Residents enjoy a sense of established place and continuity that newer developments in greenfield precincts cannot replicate, supporting long-term satisfaction with ownership and neighbourhood belonging.

Supply Pipeline and Medium-Term Market Outlook

The Marine Parade precinct, as a mature HDB neighbourhood, experiences constrained greenfield supply and relies primarily on resales and upgrading cycles to drive transaction volume. This structural constraint supports sustained demand and pricing stability within established developments. New Build-to-Order (BTO) projects in the broader East Coast planning area may periodically absorb some demand, though such releases typically attract first-time buyers rather than upgraders or investors already committed to the Marine Parade lifestyle and location.

Understanding the local supply pipeline assists investors and owner-occupiers in projecting medium-term demand dynamics and capital appreciation potential. Marine Parade's status as a largely completed precinct means supply-side shocks are unlikely, supporting pricing predictability and investment confidence. Buyers should monitor any estate upgrading announcements or structural improvements to surrounding infrastructure, as such initiatives typically enhance neighbourhood value and resident satisfaction.

Frequently Asked Questions

What rental yield can an investor realistically expect from an HDB unit at 67 Marine Drive?

Rental yields for HDB stock at 67 Marine Drive typically cluster in the 3-4% annual range, depending on unit configuration, floor level, and exact lease condition at the time of acquisition. The development's prime Marine Parade location and proximity to TE26 Marine Parade MRT Station support consistent tenant demand from young professionals and small households seeking convenience and transport accessibility. However, yields remain subject to broader HDB rental market cycles, competitive supply from neighbouring developments, and tenant preference trends, so investors should model returns conservatively and allow for periodic vacancy or rate fluctuation. The rental appeal of Marine Parade as an east-coast lifestyle precinct ensures sustained demand, but yield realisation ultimately depends on accurate pricing discipline at the point of purchase—buying below market value is essential to achieve yield targets exceeding sector norms.

How does the per-square-foot pricing of 67 Marine Drive compare to recent HDB transactions in Marine Parade?

67 Marine Drive's per-square-foot pricing reflects current Marine Parade HDB market standards for units of comparable age and configuration, typically falling within the S$5,500-S$6,500 psf range depending on unit size and condition—though this range may shift as market conditions evolve. The development's established status and excellent MRT connectivity command a premium relative to distant HDB estates, but this premium aligns with documented recent transaction activity throughout the Marine Parade precinct. Prospective buyers should conduct granular comparison analysis using data from Singapore's property registry, focusing specifically on sales of three-bedroom units or the exact configuration being considered, as price variability across the estate is substantial. The best transactional comparables will be other Marine Parade resale HDB units sold within the preceding six months, providing current market reality rather than historical pricing data that may no longer reflect actual buyer behaviour.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore citizens buying a second residential property at 67 Marine Drive?

Singapore citizens purchasing 67 Marine Drive as a second residential property will incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the purchase price. For a unit priced at S$600,000, ABSD would total S$120,000, representing a substantial upfront cost beyond standard stamp duty and other acquisition expenses. This 20% duty applies to all subsequent residential property acquisitions after the first, meaning upgraders moving from their initial HDB flat to a second property would face ABSD liability if completing the 67 Marine Drive purchase before disposing of their existing residential holding. Strategic planning around ABSD often involves timing the sale of the existing property to coincide with or precede the new acquisition, minimising the period during which both residential properties are simultaneously held and subject to duplicate ABSD exposure. Investors and upgraders must factor ABSD into comprehensive financial modelling, as it materially affects the effective cost of capital and return profile for the investment.

What is the lease decay risk for a 99-year leasehold property at 67 Marine Drive, and how does it affect resale value?

67 Marine Drive, as an HDB property, carries a 99-year lease from the date of original construction—a standard tenure across the entire HDB portfolio that does not constrain resale marketability for holding periods spanning less than twenty to thirty years. For current and near-term buyers, lease decay is a negligible concern, as the property will retain robust resale appeal throughout typical ownership horizons. However, investors or buyers with extraordinarily long time horizons—exceeding forty or fifty years—should recognise that lease length will gradually diminish as the property ages, and very distant future resale values may eventually be impacted as the leasehold approaches its final decades. The Singapore government's historical willingness to offer lease renewal mechanisms and the HDB's ongoing support for upgrading and estate rejuvenation suggest that government policy will continue protecting HDB homeowners' asset values, but long-term holders should monitor policy evolution. For practical purposes, 99-year HDB leases present no material resale friction within realistic investment holding periods, and this lease tenure should not deter acquisition decisions for owner-occupiers or medium-term investors.

How does proximity to TE26 Marine Parade MRT Station influence demand and capital appreciation for 67 Marine Drive?

TE26 Marine Parade MRT Station's eight-minute walk from 67 Marine Drive positions the development within the premium accessibility tier of Marine Parade's HDB stock, directly supporting sustained rental demand and capital appreciation resilience. The East Coast Line connectivity enables quick transit across Singapore's employment corridors, making the development attractive to working professionals and reducing commute friction relative to more distant estates. This MRT proximity creates structural demand support from tenants seeking convenient daily travel, ensuring consistent rental yield potential and supporting buyer demand from investors evaluating capital preservation and income generation. Properties within walking distance of MRT stations typically command price premiums reflecting this accessibility advantage, and 67 Marine Drive's positioning within this accessible envelope supports pricing stability even during market downturns. The broader East Coast Line's ongoing expansion and integration into Singapore's transport network reinforce long-term demand fundamentals, suggesting the MRT proximity advantage will remain relevant across extended ownership horizons.

Is 67 Marine Drive suitable for first-time HDB buyers, upgraders, or investment-focused purchasers?

67 Marine Drive appeals to distinct buyer cohorts across the residential spectrum, though each cohort prioritises different attributes and should evaluate suitability through different lenses. First-time buyers benefit from the established neighbourhood stability, proven infrastructure, and immediate accessibility to schools and family amenities, though they should ensure ABSD implications are clearly understood if they are purchasing jointly with a spouse who holds existing property in another person's name. Upgraders transitioning from distant estates or smaller HDB flats find compelling value in the Marine Parade location's lifestyle enhancement and superior transport connectivity, justifying price premiums relative to newer, more remote BTO developments. Investors focus primarily on rental yield sustainability, tenant demand consistency, and capital appreciation potential driven by supply constraints and established neighbourhood desirability. The development's multi-appeal nature reflects Marine Parade's broad market positioning—it is neither a trendy emerging precinct nor a declining neighbourhood, but rather a stable, mature residential destination serving diverse buyer needs with proven outcomes.

What total debt servicing ratio (TDSR) headroom can typical buyers expect when financing a unit at 67 Marine Drive?

Buyers financing units at 67 Marine Drive typically benefit from substantial TDSR headroom at prevailing loan-to-value ratios for HDB stock, as institutional lenders have established a 75-80% LTV envelope for mature HDB properties in prime locations. A unit priced at S$600,000 would support financing in the S$450,000-S$480,000 range, with loan tenure extending to twenty-five years for younger buyers. The Monthly Instalment amount for S$450,000 at 2.5% interest over twenty-five years would approximate S$2,000 monthly, leaving TDSR headroom for most dual-income households and many single-income professionals earning median-to-above-median Singapore salaries. However, TDSR availability depends critically on applicant age, employment stability, existing debt obligations, and spouse's income inclusion eligibility—buyers nearing retirement age face stricter loan tenure limits, reducing TDSR capacity. Prospective purchasers should pre-consult institutional lenders before making acquisition offers to confirm precise financing headroom, as individual circumstances vary substantially and published TDSR benchmarks represent averages rather than guaranteed personal approval metrics.

How does 67 Marine Drive compare to other HDB developments in Marine Parade and adjacent precincts?

67 Marine Drive competes within a market segment defined by established HDB stock in or immediately proximate to Marine Parade, where comparable developments include other east-coast precincts offering similar MRT connectivity and lifestyle amenities. Unlike greenfield BTO projects in more distant locations, 67 Marine Drive offers immediate possession, established community infrastructure, and proven resale track records rather than construction-timeline speculation. Compared to newer second-hand HDB stock in adjacent precincts such as East Coast or Marine Parade proper, 67 Marine Drive's positioning within walking distance of TE26 Marine Parade MRT Station provides a structural accessibility advantage supporting rental demand and capital appreciation resilience. Pricing differentials relative to competing developments typically reflect subtle variations in MRT proximity, unit configuration, and floor level exposure—careful comparative analysis of recent transactions across the Marine Parade precinct reveals which competing developments offer superior value at specific price points. Investors should evaluate 67 Marine Drive not in isolation but as part of a comprehensive market analysis examining the full competitive set of similarly positioned HDB opportunities within Marine Parade and immediate surroundings.

Are specific unit stacks or floor levels at 67 Marine Drive preferable for value or investment return potential?

Within 67 Marine Drive, unit valuation and investment appeal vary meaningfully across floor levels and specific stacks, though HDB pricing conventions and buyer preferences create consistent patterns. Mid-level units typically command premium pricing due to balance between natural light, privacy from street-level noise, and avoidance of top-floor heat exposure or ground-floor moisture concerns, supporting strong rental appeal and capital appreciation potential. Higher-floor units attract buyers willing to pay price premiums for enhanced light, views, and perceived prestige, though landlord perspectives and renter demand may diverge—many tenants prioritise practical accessibility and lower utility costs over floor level prestige. Lower-floor units often offer value pricing reflecting buyer hesitation around street noise and reduced privacy, though savvy investors recognise these units may perform strongly on yield metrics if priced sufficiently below market, offsetting rental rate caps. Investors should analyse unit-specific pricing patterns within 67 Marine Drive against recent transaction data, identifying which floor stacks trade at discounts reflecting temporary market mispricing rather than structural desirability concerns. The optimal stack for return potential depends on acquisition price discipline—the 'best' unit is invariably the one purchased below true market value, regardless of floor level.

What future supply pipeline developments in Marine Parade and the East Coast planning area might affect 67 Marine Drive's capital appreciation trajectory?

Marine Parade operates as a largely completed HDB precinct with minimal greenfield supply potential, meaning new developments are unlikely to emerge within the immediate neighbourhood and dilute demand or pricing momentum for 67 Marine Drive. However, the broader East Coast planning area benefits from ongoing Build-to-Order (BTO) project releases in more distant precincts, which periodically absorb first-time buyer demand and may marginally impact resale activity as cohorts choose new Build-to-Order flats over secondary market acquisitions. The government's strategic focus on mature estate upgrading—through programmes such as the Home Improvement Programme and structural improvements to public infrastructure—supports sustained property values and neighbourhood desirability in established precincts like Marine Parade. Prospective buyers should monitor announcements concerning East Coast Line extensions, new commercial developments, or major infrastructure projects affecting the Marine Parade precinct, as such initiatives typically enhance neighbourhood quality and support capital appreciation. The absence of significant supply competition in the immediate Marine Parade locality suggests 67 Marine Drive will continue benefiting from structural supply scarcity supporting pricing resilience, though cyclical economic conditions and broader residential property market downturns remain ever-present variables affecting medium-term asset performance.

[For Rent] Hdb Flat At 67 Marine Drive — From S$3,588