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176 Ocean Drive

Terrace House · in Southern Islands, District 4, Singapore · 99 yrs from 18/03/2004 · Completed 2006

Data through 13 March 2008

Intro: 176 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 2 times, amounting to $10.0M+ in total.

D4CCRCentralSouthern Islands
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176 Ocean Drive project details

Street
Ocean Drive
Property Type
Terrace
Completion
2006
Total Units
-1
Unit Size
2,482 sqft
Tenure
99 yrs from 18/03/2004
Lease Remaining
77 yrs
Postal Sector
9

176 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$10.0M+
Total Transacted
02-03-2007
First Transacted
13-03-2008
Last Transacted
2
Total Transactions

176 Ocean Drive transaction volume

176 Ocean Drive transaction volume000112007 · Resale: 120072008 · Resale: 12008
New SaleSub SaleResale

Among the latest 2 recorded sales for 176 Ocean Drive, the median price was S$5,000,000 and the median PSF was S$2,014 psf. The newest record shown is from 13 March 2008. The annual project median was 77.8% higher in 2008 than in 2007; unit mix can affect year-to-year comparisons.

Recent 176 Ocean Drive transactions

DateSale typePricePSFSize
13 March 2008ResaleS$6,400,000S$2,578 psf2,482 sqft
2 March 2007ResaleS$3,600,000S$1,450 psf2,482 sqft

176 Ocean Drive median transaction PSF (S$)

176 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2007 · Median PSF: 1.4K20072008 · Median PSF: 2.6K2008

176 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2008S$6,400,000S$2,578 psf1
2007S$3,600,000S$1,450 psf1
1.0 yrs
Avg Holding

176 Ocean Drive annualized profit %

176 Ocean Drive annualized profit %0.0%20.0%40.0%60.0%80.0%2008 · Average Annualized Profit: 74.6%2008
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Frequently asked questions about 176 Ocean Drive

How much do units at 176 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$5,000,000 and a median of S$2,014 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 176 Ocean Drive freehold or leasehold?

176 Ocean Drive has a tenure of 99 yrs from 18/03/2004.

When was 176 Ocean Drive completed?

176 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 13 March 2008. Figures are indicative and do not constitute financial advice.

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