229 Ocean Drive
Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 18/03/2004 · Completed 2006
Intro: 229 Ocean Drive is a detached 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 $41.5M+ in total.
229 Ocean Drive project details
229 Ocean Drive price, PSF and transaction trends
229 Ocean Drive transaction volume
Among the latest 3 recorded sales for 229 Ocean Drive, the median price was S$12,500,000 and the median PSF was S$1,655 psf. The newest record shown is from 30 July 2015. The annual project median was 63.7% higher in 2015 than in 2007; unit mix can affect year-to-year comparisons.
Recent 229 Ocean Drive transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 30 July 2015 | Resale | S$18,000,000 | S$2,383 psf | 7,553 sqft |
| 23 July 2009 | Resale | S$12,500,000 | S$1,655 psf | 7,553 sqft |
| 5 June 2007 | Resale | S$11,000,000 | S$1,456 psf | 7,553 sqft |
229 Ocean Drive median transaction PSF (S$)
229 Ocean Drive annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2015 | S$18,000,000 | S$2,383 psf | 1 |
| 2009 | S$12,500,000 | S$1,655 psf | 1 |
| 2007 | S$11,000,000 | S$1,456 psf | 1 |
229 Ocean Drive annualized profit %
Frequently asked questions about 229 Ocean Drive
How much do units at 229 Ocean Drive cost?
The latest 3 recorded sales show a median price of S$12,500,000 and a median of S$1,655 psf. Actual prices vary by floor, size, facing, condition and sale date.
Is 229 Ocean Drive freehold or leasehold?
229 Ocean Drive has a tenure of 99 yrs from 18/03/2004.
When was 229 Ocean Drive completed?
229 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 30 July 2015. Figures are indicative and do not constitute financial advice.
