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273 Ocean Drive

Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 07/04/2006 · Completed 2009

Data through 25 August 2010

Intro: 273 Ocean Drive is a detached house located along Ocean Drive within District 04 with a 99-year lease commencing on 7 April 2006. It was completed in 2009. So far it has been transacted a total of 2 times, amounting to $29.7M+ in total.

D4CCRCentralSouthern Islands
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273 Ocean Drive project details

Street
Ocean Drive
Property Type
Detached
Completion
2009
Total Units
-1
Unit Size
7,690 sqft
Tenure
99 yrs from 07/04/2006
Lease Remaining
79 yrs
Postal Sector
9

273 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$29.7M+
Total Transacted
31-08-2009
First Transacted
25-08-2010
Last Transacted
2
Total Transactions

273 Ocean Drive transaction volume

273 Ocean Drive transaction volume000112009 · New Sale: 120092010 · Resale: 12010
New SaleSub SaleResale

Among the latest 2 recorded sales for 273 Ocean Drive, the median price was S$14,850,000 and the median PSF was S$1,931 psf. The newest record shown is from 25 August 2010. The annual project median was 91.3% higher in 2010 than in 2009; unit mix can affect year-to-year comparisons.

Recent 273 Ocean Drive transactions

DateSale typePricePSFSize
25 August 2010ResaleS$19,500,000S$2,536 psf7,690 sqft
31 August 2009New SaleS$10,200,000S$1,326 psf7,690 sqft

273 Ocean Drive median transaction PSF (S$)

273 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2009 · Median PSF: 1.3K20092010 · Median PSF: 2.5K2010

273 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2010S$19,500,000S$2,536 psf1
2009S$10,200,000S$1,326 psf1
1.0 yrs
Avg Holding

273 Ocean Drive annualized profit %

273 Ocean Drive annualized profit %0.0%25.0%50.0%75.0%100.0%2010 · Average Annualized Profit: 91.2%2010
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Frequently asked questions about 273 Ocean Drive

How much do units at 273 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$14,850,000 and a median of S$1,931 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 273 Ocean Drive freehold or leasehold?

273 Ocean Drive has a tenure of 99 yrs from 07/04/2006.

When was 273 Ocean Drive completed?

273 Ocean Drive was completed in 2009.

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 25 August 2010. Figures are indicative and do not constitute financial advice.

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