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258 Ocean Drive

Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 01/12/2005 · Completed 2007

Data through 19 February 2024

Intro: 258 Ocean Drive is a detached house located along Ocean Drive within District 04 with a 99-year lease commencing on 1 December 2005. It was completed in 2007. So far it has been transacted a total of 2 times, amounting to $29.4M+ in total.

D4CCRCentralSouthern Islands
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258 Ocean Drive project details

Street
Ocean Drive
Property Type
Detached
Completion
2007
Total Units
-1
Unit Size
8,675 sqft
Tenure
99 yrs from 01/12/2005
Lease Remaining
78 yrs
Postal Sector
9

258 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$29.4M+
Total Transacted
22-01-2018
First Transacted
19-02-2024
Last Transacted
2
Total Transactions

258 Ocean Drive transaction volume

258 Ocean Drive transaction volume000112018 · Resale: 120182024 · Resale: 12024
New SaleSub SaleResale

Among the latest 2 recorded sales for 258 Ocean Drive, the median price was S$14,690,000 and the median PSF was S$1,693 psf. The newest record shown is from 19 February 2024. The annual project median was 19.6% higher in 2024 than in 2018; unit mix can affect year-to-year comparisons.

Recent 258 Ocean Drive transactions

DateSale typePricePSFSize
19 February 2024ResaleS$16,000,000S$1,844 psf8,675 sqft
22 January 2018ResaleS$13,380,000S$1,542 psf8,675 sqft

258 Ocean Drive median transaction PSF (S$)

258 Ocean Drive median transaction PSF (S$)05001.0K1.5K2.0K2018 · Median PSF: 1.5K20182024 · Median PSF: 1.8K2024

258 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2024S$16,000,000S$1,844 psf1
2018S$13,380,000S$1,542 psf1
6.1 yrs
Avg Holding

258 Ocean Drive annualized profit %

258 Ocean Drive annualized profit %0.0%1.0%2.0%3.0%2024 · Average Annualized Profit: 3.0%2024
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Frequently asked questions about 258 Ocean Drive

How much do units at 258 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$14,690,000 and a median of S$1,693 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 258 Ocean Drive freehold or leasehold?

258 Ocean Drive has a tenure of 99 yrs from 01/12/2005.

When was 258 Ocean Drive completed?

258 Ocean Drive was completed in 2007.

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 19 February 2024. Figures are indicative and do not constitute financial advice.

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