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194 Ocean Drive

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

Data through 1 January 2025

Intro: 194 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 $12.9M+ in total.

D4CCRCentralSouthern Islands
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194 Ocean Drive project details

Street
Ocean Drive
Property Type
Terrace
Completion
2006
Total Units
-1
Unit Size
2,531 sqft
Tenure
99 yrs from 18/03/2004
Lease Remaining
77 yrs
Postal Sector
9

194 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$12.9M+
Total Transacted
21-03-2005
First Transacted
28-08-2009
Last Transacted
3
Total Transactions

194 Ocean Drive transaction volume

194 Ocean Drive transaction volume000112005 · New Sale: 120052007 · Sub Sale: 120072009 · Resale: 12009
New SaleSub SaleResale

Among the latest 3 recorded sales for 194 Ocean Drive, the median price was S$5,000,000 and the median PSF was S$1,976 psf. The newest record shown is from 28 August 2009. The annual project median was 148.4% higher in 2009 than in 2005; unit mix can affect year-to-year comparisons.

Recent 194 Ocean Drive transactions

DateSale typePricePSFSize
28 August 2009ResaleS$5,600,000S$2,213 psf2,531 sqft
21 February 2007Sub SaleS$5,000,000S$1,976 psf2,531 sqft
21 March 2005New SaleS$2,254,230S$891 psf2,531 sqft

194 Ocean Drive median transaction PSF (S$)

194 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2005 · Median PSF: 89120052007 · Median PSF: 2.0K20072009 · Median PSF: 2.2K2009

194 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2009S$5,600,000S$2,213 psf1
2007S$5,000,000S$1,976 psf1
2005S$2,254,230S$891 psf1
100.0%
% Profitable
2
Profitable
0
Unprofitable
1
> 6% Annualized
2.2 yrs
Avg Holding
$3.3M
Total Profits

194 Ocean Drive annualized profit %

194 Ocean Drive annualized profit %0.0%15.0%30.0%45.0%60.0%2007 · Average Annualized Profit: 51.4%20072009 · Average Annualized Profit: 4.6%2009
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194 Ocean Drive rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 12 recorded rental contracts for 194 Ocean Drive, the median monthly rent was S$14,900, with records ranging from S$12,000 to S$20,000.

Recent 194 Ocean Drive rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 January 2025—S$16,500S$7 psf2000-2500
1 September 2024—S$19,000S$8 psf2000-2500
1 May 2023—S$20,000S$9 psf2000-2500
1 June 2022—S$16,000S$7 psf2000-2500
1 July 2021—S$17,300S$8 psf2000-2500

194 Ocean Drive rental volume

194 Ocean Drive rental volume023462018 · Rentals: 220182019 · Rentals: 520192020 · Rentals: 220202021 · Rentals: 120212022 · Rentals: 120222023 · Rentals: 120232024 · Rentals: 120242025 · Rentals: 12025
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Frequently asked questions about 194 Ocean Drive

How much do units at 194 Ocean Drive cost?

The latest 3 recorded sales show a median price of S$5,000,000 and a median of S$1,976 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 194 Ocean Drive?

The latest recorded median monthly rent is S$14,900. Rental yield is indicative and can vary by unit and costs.

Is 194 Ocean Drive freehold or leasehold?

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

When was 194 Ocean Drive completed?

194 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 1 January 2025. Figures are indicative and do not constitute financial advice.

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