54 Ocean Drive
Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 13/06/2005 · Completed 2007
Intro: 54 Ocean Drive is a detached house located along Ocean Drive within District 04 with a 99-year lease commencing on 13 June 2005. It was completed in 2007. So far it has been transacted a total of 2 times, amounting to $25.0M+ in total.
54 Ocean Drive project details
54 Ocean Drive price, PSF and transaction trends
54 Ocean Drive transaction volume
Among the latest 2 recorded sales for 54 Ocean Drive, the median price was S$12,500,000 and the median PSF was S$1,720 psf. The newest record shown is from 14 April 2022. The annual project median was 8.3% higher in 2022 than in 2009; unit mix can affect year-to-year comparisons.
Recent 54 Ocean Drive transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 14 April 2022 | Resale | S$13,000,000 | S$1,788 psf | 7,270 sqft |
| 8 December 2009 | Resale | S$12,000,000 | S$1,651 psf | 7,270 sqft |
54 Ocean Drive median transaction PSF (S$)
54 Ocean Drive annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2022 | S$13,000,000 | S$1,788 psf | 1 |
| 2009 | S$12,000,000 | S$1,651 psf | 1 |
54 Ocean Drive annualized profit %
Frequently asked questions about 54 Ocean Drive
How much do units at 54 Ocean Drive cost?
The latest 2 recorded sales show a median price of S$12,500,000 and a median of S$1,720 psf. Actual prices vary by floor, size, facing, condition and sale date.
Is 54 Ocean Drive freehold or leasehold?
54 Ocean Drive has a tenure of 99 yrs from 13/06/2005.
When was 54 Ocean Drive completed?
54 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 14 April 2022. Figures are indicative and do not constitute financial advice.
