3 Margate Road

Detached House · in Marine Parade, District 15, Singapore · Freehold · Completed 2007

Data through 8 October 2020

Intro: 3 Margate Road is a detached house located along Margate Road within District 15 with a freehold tenure. It was completed in 2007. So far it has been transacted a total of 4 times, amounting to $26.2M+ in total.

D15RCRCentralMarine Parade

3 Margate Road project details

Street

Margate Road

Property Type

Detached

Completion

2007

Total Units

-1

Unit Size

6,386 - 12,751 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 3 Margate Road

Katong Park341 m MRTTE24
Tanjong Katong841 m MRTTE25
Dakota967 m MRTMRT

See details on nearby stations

3 Margate Road price, PSF and transaction trends

HDB Buyers

$26.2M+

Total Transacted

07-10-2005

First Transacted

08-10-2020

Last Transacted

Total Transactions

3 Margate Road transaction volume

New SaleSub SaleResale

Among the latest 4 recorded sales for 3 Margate Road, the median price was S$6,200,000 and the median PSF was S$971 psf. The newest record shown is from 8 October 2020. The annual project median was 311.6% higher in 2020 than in 2005; unit mix can affect year-to-year comparisons.

Recent 3 Margate Road transactions

Date	Sale type	Price	PSF	Size
8 October 2020	Resale	S$9,280,000	S$1,453 psf	6,386 sqft
2 August 2010	Resale	S$7,450,000	S$1,167 psf	6,386 sqft
7 February 2007	New Sale	S$4,950,000	S$775 psf	6,386 sqft
7 October 2005	Resale	S$4,500,000	S$353 psf	12,751 sqft

3 Margate Road median transaction PSF (S$)

3 Margate Road annual price trend

Year	Median price	Median PSF	Recorded sales
2020	S$9,280,000	S$1,453 psf	1
2010	S$7,450,000	S$1,167 psf	1
2007	S$4,950,000	S$775 psf	1
2005	S$4,500,000	S$353 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

5.0 yrs

Avg Holding

$4.8M

Total Profits

3 Margate Road annualized profit %

View full details

Frequently asked questions about 3 Margate Road

How much do units at 3 Margate Road cost?

The latest 4 recorded sales show a median price of S$6,200,000 and a median of S$971 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 3 Margate Road freehold or leasehold?

3 Margate Road has a tenure of Freehold.

When was 3 Margate Road completed?

3 Margate Road was completed in 2007.

Which MRT or LRT station is nearest to 3 Margate Road?

Katong Park is the nearest station shown, at an estimated straight-line distance of 341 metres.

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 8 October 2020. Figures are indicative and do not constitute financial advice.