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180 Ocean Drive

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

Data through 3 March 2008

Intro: 180 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 $11.2M+ in total.

D4CCRCentralSouthern Islands
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180 Ocean Drive project details

Street
Ocean Drive
Property Type
Terrace
Completion
2006
Total Units
-1
Unit Size
2,644 sqft
Tenure
99 yrs from 18/03/2004
Lease Remaining
77 yrs
Postal Sector
9

180 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$11.2M+
Total Transacted
02-05-2007
First Transacted
03-03-2008
Last Transacted
2
Total Transactions

180 Ocean Drive transaction volume

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

Among the latest 2 recorded sales for 180 Ocean Drive, the median price was S$5,605,000 and the median PSF was S$2,120 psf. The newest record shown is from 3 March 2008. The annual project median was 33.5% higher in 2008 than in 2007; unit mix can affect year-to-year comparisons.

Recent 180 Ocean Drive transactions

DateSale typePricePSFSize
3 March 2008ResaleS$6,410,000S$2,425 psf2,644 sqft
2 May 2007ResaleS$4,800,000S$1,816 psf2,644 sqft

180 Ocean Drive median transaction PSF (S$)

180 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2007 · Median PSF: 1.8K20072008 · Median PSF: 2.4K2008

180 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2008S$6,410,000S$2,425 psf1
2007S$4,800,000S$1,816 psf1
0.8 yrs
Avg Holding

180 Ocean Drive annualized profit %

180 Ocean Drive annualized profit %0.0%10.0%20.0%30.0%40.0%2008 · Average Annualized Profit: 33.5%2008
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Frequently asked questions about 180 Ocean Drive

How much do units at 180 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$5,605,000 and a median of S$2,120 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 180 Ocean Drive freehold or leasehold?

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

When was 180 Ocean Drive completed?

180 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 3 March 2008. Figures are indicative and do not constitute financial advice.

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