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181 Ocean Drive

Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 08/06/2005 · Completed 2009

Data through 26 September 2016

Intro: 181 Ocean Drive is a detached house located along Ocean Drive within District 04 with a 99-year lease commencing on 8 June 2005. It was completed in 2009. So far it has been transacted a total of 4 times, amounting to $93.9M+ in total.

D4CCRCentralSouthern Islands
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181 Ocean Drive project details

Street
Ocean Drive
Property Type
Detached
Completion
2009
Total Units
-1
Unit Size
9,580 sqft
Tenure
99 yrs from 08/06/2005
Lease Remaining
78 yrs
Postal Sector
9

181 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$93.9M+
Total Transacted
21-10-2009
First Transacted
26-09-2016
Last Transacted
4
Total Transactions

181 Ocean Drive transaction volume

181 Ocean Drive transaction volume001222009 · Resale: 120092011 · Resale: 220112016 · Resale: 12016
New SaleSub SaleResale

Among the latest 4 recorded sales for 181 Ocean Drive, the median price was S$24,494,000 and the median PSF was S$2,557 psf. The newest record shown is from 26 September 2016. The annual project median was 65.8% higher in 2016 than in 2009; unit mix can affect year-to-year comparisons.

Recent 181 Ocean Drive transactions

DateSale typePricePSFSize
26 September 2016ResaleS$28,000,000S$2,923 psf9,580 sqft
16 November 2011ResaleS$25,000,000S$2,610 psf9,580 sqft
7 January 2011ResaleS$23,988,000S$2,504 psf9,580 sqft
21 October 2009ResaleS$16,888,000S$1,763 psf9,580 sqft

181 Ocean Drive median transaction PSF (S$)

181 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2009 · Median PSF: 1.8K20092011 · Median PSF: 2.6K20112016 · Median PSF: 2.9K2016

181 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2016S$28,000,000S$2,923 psf1
2011S$24,494,000S$2,557 psf2
2009S$16,888,000S$1,763 psf1
2.3 yrs
Avg Holding

181 Ocean Drive annualized profit %

181 Ocean Drive annualized profit %0.0%5.0%10.0%15.0%20.0%2011 · Average Annualized Profit: 18.9%20112016 · Average Annualized Profit: 2.4%2016
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Frequently asked questions about 181 Ocean Drive

How much do units at 181 Ocean Drive cost?

The latest 4 recorded sales show a median price of S$24,494,000 and a median of S$2,557 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 181 Ocean Drive freehold or leasehold?

181 Ocean Drive has a tenure of 99 yrs from 08/06/2005.

When was 181 Ocean Drive completed?

181 Ocean Drive was completed in 2009.

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 26 September 2016. Figures are indicative and do not constitute financial advice.

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