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145 Ocean Drive

Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 11/05/2005 · Completed 2008

Data through 15 November 2012

Intro: 145 Ocean Drive is a detached house located along Ocean Drive within District 04 with a 99-year lease commencing on 11 May 2005. It was completed in 2008. So far it has been transacted a total of 2 times, amounting to $31.5M+ in total.

D4CCRCentralSouthern Islands
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145 Ocean Drive project details

Street
Ocean Drive
Property Type
Detached
Completion
2008
Total Units
-1
Unit Size
6,706 sqft
Tenure
99 yrs from 11/05/2005
Lease Remaining
78 yrs
Postal Sector
9

145 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$31.5M+
Total Transacted
31-05-2010
First Transacted
15-11-2012
Last Transacted
2
Total Transactions

145 Ocean Drive transaction volume

145 Ocean Drive transaction volume000112010 · Resale: 120102012 · Resale: 12012
New SaleSub SaleResale

Among the latest 2 recorded sales for 145 Ocean Drive, the median price was S$15,750,000 and the median PSF was S$2,348 psf. The newest record shown is from 15 November 2012. The annual project median was 17.3% higher in 2012 than in 2010; unit mix can affect year-to-year comparisons.

Recent 145 Ocean Drive transactions

DateSale typePricePSFSize
15 November 2012ResaleS$17,000,000S$2,535 psf6,706 sqft
31 May 2010ResaleS$14,500,000S$2,162 psf6,706 sqft

145 Ocean Drive median transaction PSF (S$)

145 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2010 · Median PSF: 2.2K20102012 · Median PSF: 2.5K2012

145 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2012S$17,000,000S$2,535 psf1
2010S$14,500,000S$2,162 psf1
2.5 yrs
Avg Holding

145 Ocean Drive annualized profit %

145 Ocean Drive annualized profit %0.0%2.0%4.0%6.0%8.0%2012 · Average Annualized Profit: 6.7%2012
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Frequently asked questions about 145 Ocean Drive

How much do units at 145 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$15,750,000 and a median of S$2,348 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 145 Ocean Drive freehold or leasehold?

145 Ocean Drive has a tenure of 99 yrs from 11/05/2005.

When was 145 Ocean Drive completed?

145 Ocean Drive was completed in 2008.

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 15 November 2012. Figures are indicative and do not constitute financial advice.

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