172 Ocean Drive
Terrace House · in Southern Islands, District 4, Singapore · 99 yrs from 18/03/2004 · Completed 2006
Intro: 172 Ocean Drive is a terrace house located along Ocean Drive within District 04 with a 99-year lease commencing on 18 March 2004. It was completed in 2006. So far it has been transacted a total of 3 times, amounting to $17.3M+ in total.
172 Ocean Drive project details
172 Ocean Drive price, PSF and transaction trends
172 Ocean Drive transaction volume
Among the latest 3 recorded sales for 172 Ocean Drive, the median price was S$5,650,000 and the median PSF was S$1,688 psf. The newest record shown is from 4 October 2010. The annual project median was 42.1% higher in 2010 than in 2007; unit mix can affect year-to-year comparisons.
Recent 172 Ocean Drive transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 4 October 2010 | Resale | S$7,200,000 | S$2,151 psf | 3,347 sqft |
| 18 June 2007 | Resale | S$5,650,000 | S$1,688 psf | 3,347 sqft |
| 26 April 2007 | Resale | S$4,480,000 | S$1,339 psf | 3,347 sqft |
172 Ocean Drive median transaction PSF (S$)
172 Ocean Drive annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2010 | S$7,200,000 | S$2,151 psf | 1 |
| 2007 | S$5,065,000 | S$1,514 psf | 2 |
172 Ocean Drive annualized profit %
Frequently asked questions about 172 Ocean Drive
How much do units at 172 Ocean Drive cost?
The latest 3 recorded sales show a median price of S$5,650,000 and a median of S$1,688 psf. Actual prices vary by floor, size, facing, condition and sale date.
Is 172 Ocean Drive freehold or leasehold?
172 Ocean Drive has a tenure of 99 yrs from 18/03/2004.
When was 172 Ocean Drive completed?
172 Ocean Drive was completed in 2006.
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 4 October 2010. Figures are indicative and do not constitute financial advice.
