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183 Ocean Drive

Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 08/06/2005 · Completed 2008

Data through 21 May 2010

Intro: 183 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 2008. So far it has been transacted a total of 2 times, amounting to $34.8M+ in total.

D4CCRCentralSouthern Islands
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183 Ocean Drive project details

Street
Ocean Drive
Property Type
Detached
Completion
2008
Total Units
-1
Unit Size
10,866 sqft
Tenure
99 yrs from 08/06/2005
Lease Remaining
78 yrs
Postal Sector
9

183 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$34.8M+
Total Transacted
30-09-2007
First Transacted
21-05-2010
Last Transacted
2
Total Transactions

183 Ocean Drive transaction volume

183 Ocean Drive transaction volume000112007 · New Sale: 120072010 · Resale: 12010
New SaleSub SaleResale

Among the latest 2 recorded sales for 183 Ocean Drive, the median price was S$17,400,000 and the median PSF was S$1,601 psf. The newest record shown is from 21 May 2010. The annual project median was 186.7% higher in 2010 than in 2007; unit mix can affect year-to-year comparisons.

Recent 183 Ocean Drive transactions

DateSale typePricePSFSize
21 May 2010ResaleS$25,800,000S$2,374 psf10,866 sqft
30 September 2007New SaleS$9,000,000S$828 psf10,866 sqft

183 Ocean Drive median transaction PSF (S$)

183 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2007 · Median PSF: 82820072010 · Median PSF: 2.4K2010

183 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2010S$25,800,000S$2,374 psf1
2007S$9,000,000S$828 psf1
2.6 yrs
Avg Holding

183 Ocean Drive annualized profit %

183 Ocean Drive annualized profit %0.0%15.0%30.0%45.0%60.0%2010 · Average Annualized Profit: 49.0%2010
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Frequently asked questions about 183 Ocean Drive

How much do units at 183 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$17,400,000 and a median of S$1,601 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 183 Ocean Drive freehold or leasehold?

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

When was 183 Ocean Drive completed?

183 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 21 May 2010. Figures are indicative and do not constitute financial advice.

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