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259 Ocean Drive

Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 18/03/2004 · Completed 2010

Data through 12 December 2012

Intro: 259 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 2010. So far it has been transacted a total of 2 times, amounting to $49.0M+ in total.

D4CCRCentralSouthern Islands
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259 Ocean Drive project details

Street
Ocean Drive
Property Type
Detached
Completion
2010
Total Units
-1
Unit Size
15,070 sqft
Tenure
99 yrs from 18/03/2004
Lease Remaining
77 yrs
Postal Sector
9

259 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$49.0M+
Total Transacted
13-09-2012
First Transacted
12-12-2012
Last Transacted
2
Total Transactions

259 Ocean Drive transaction volume

259 Ocean Drive transaction volume001222012 · Resale: 22012
New SaleSub SaleResale

Among the latest 2 recorded sales for 259 Ocean Drive, the median price was S$24,500,000 and the median PSF was S$1,626 psf. The newest record shown is from 12 December 2012.

Recent 259 Ocean Drive transactions

DateSale typePricePSFSize
12 December 2012ResaleS$27,000,000S$1,792 psf15,070 sqft
13 September 2012ResaleS$22,000,000S$1,460 psf15,070 sqft

259 Ocean Drive median transaction PSF (S$)

259 Ocean Drive median transaction PSF (S$)05001.0K1.5K2.0K2012 · Median PSF: 1.6K2012

259 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2012S$24,500,000S$1,626 psf2
0.2 yrs
Avg Holding

259 Ocean Drive annualized profit %

259 Ocean Drive annualized profit %0.0%10.0%20.0%30.0%2012 · Average Annualized Profit: 22.7%2012
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Frequently asked questions about 259 Ocean Drive

How much do units at 259 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$24,500,000 and a median of S$1,626 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 259 Ocean Drive freehold or leasehold?

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

When was 259 Ocean Drive completed?

259 Ocean Drive was completed in 2010.

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 12 December 2012. Figures are indicative and do not constitute financial advice.

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