128 Ocean Drive
Terrace House · in Southern Islands, District 4, Singapore · 99 yrs from 03/01/2005 · Completed 2007
Intro: 128 Ocean Drive is a terrace house located along Ocean Drive within District 04 with a 99-year lease commencing on 3 January 2005. It was completed in 2007. So far it has been transacted a total of 3 times, amounting to $18.3M+ in total.
128 Ocean Drive project details
128 Ocean Drive price, PSF and transaction trends
128 Ocean Drive transaction volume
Among the latest 3 recorded sales for 128 Ocean Drive, the median price was S$6,920,000 and the median PSF was S$1,796 psf. The newest record shown is from 25 October 2021. The annual project median was 73.4% higher in 2021 than in 2006; unit mix can affect year-to-year comparisons.
Recent 128 Ocean Drive transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 25 October 2021 | Resale | S$6,920,000 | S$1,796 psf | 3,852 sqft |
| 30 April 2010 | Resale | S$7,400,888 | S$1,921 psf | 3,852 sqft |
| 29 September 2006 | New Sale | S$3,990,000 | S$1,036 psf | 3,852 sqft |
128 Ocean Drive median transaction PSF (S$)
128 Ocean Drive annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2021 | S$6,920,000 | S$1,796 psf | 1 |
| 2010 | S$7,400,888 | S$1,921 psf | 1 |
| 2006 | S$3,990,000 | S$1,036 psf | 1 |
128 Ocean Drive annualized profit %
128 Ocean Drive rental prices and estimated yield
Among the latest 12 recorded rental contracts for 128 Ocean Drive, the median monthly rent was S$15,500, with records ranging from S$10,000 to S$22,000.
Recent 128 Ocean Drive rental contracts
| Lease date | Bedrooms | Monthly rent | Est. PSF | Area |
|---|---|---|---|---|
| 1 July 2025 | — | S$17,000 | S$5 psf | 3000-3500 |
| 1 September 2024 | — | S$16,000 | S$7 psf | 2000-2500 |
| 1 August 2023 | — | S$19,400 | S$6 psf | 3000-3500 |
| 1 July 2023 | — | S$20,500 | S$6 psf | 3000-3500 |
| 1 June 2023 | — | S$22,000 | S$10 psf | 2000-2500 |
128 Ocean Drive rental volume
Frequently asked questions about 128 Ocean Drive
How much do units at 128 Ocean Drive cost?
The latest 3 recorded sales show a median price of S$6,920,000 and a median of S$1,796 psf. Actual prices vary by floor, size, facing, condition and sale date.
What are the rental price and estimated yield at 128 Ocean Drive?
The latest recorded median monthly rent is S$15,500. Rental yield is indicative and can vary by unit and costs.
Is 128 Ocean Drive freehold or leasehold?
128 Ocean Drive has a tenure of 99 yrs from 03/01/2005.
When was 128 Ocean Drive completed?
128 Ocean Drive was completed in 2007.
Data sources and methodology
Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 July 2025. Figures are indicative and do not constitute financial advice.
