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74 Ocean Drive

Detached House · in Southern Islands, District 4, Singapore · 99 yrs from 05/12/2005 · Completed 2008

Data through 3 March 2023

Intro: 74 Ocean Drive is a detached house located along Ocean Drive within District 04 with a 99-year lease commencing on 5 December 2005. It was completed in 2008. So far it has been transacted a total of 2 times, amounting to $31.5M+ in total.

D4CCRCentralSouthern Islands
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74 Ocean Drive project details

Street
Ocean Drive
Property Type
Detached
Completion
2008
Total Units
-1
Unit Size
7,577 sqft
Tenure
99 yrs from 05/12/2005
Lease Remaining
78 yrs
Postal Sector
9

74 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$31.5M+
Total Transacted
01-10-2014
First Transacted
03-03-2023
Last Transacted
2
Total Transactions

74 Ocean Drive transaction volume

74 Ocean Drive transaction volume000112014 · Resale: 120142023 · Resale: 12023
New SaleSub SaleResale

Among the latest 2 recorded sales for 74 Ocean Drive, the median price was S$15,750,000 and the median PSF was S$2,079 psf. The newest record shown is from 3 March 2023. The annual project median was 42.3% higher in 2023 than in 2014; unit mix can affect year-to-year comparisons.

Recent 74 Ocean Drive transactions

DateSale typePricePSFSize
3 March 2023ResaleS$18,500,000S$2,442 psf7,577 sqft
1 October 2014ResaleS$13,000,000S$1,716 psf7,577 sqft

74 Ocean Drive median transaction PSF (S$)

74 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2014 · Median PSF: 1.7K20142023 · Median PSF: 2.4K2023

74 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2023S$18,500,000S$2,442 psf1
2014S$13,000,000S$1,716 psf1
8.4 yrs
Avg Holding

74 Ocean Drive annualized profit %

74 Ocean Drive annualized profit %0.0%1.5%3.0%4.5%2023 · Average Annualized Profit: 4.3%2023
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Frequently asked questions about 74 Ocean Drive

How much do units at 74 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$15,750,000 and a median of S$2,079 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 74 Ocean Drive freehold or leasehold?

74 Ocean Drive has a tenure of 99 yrs from 05/12/2005.

When was 74 Ocean Drive completed?

74 Ocean Drive was completed in 2008.

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 3 March 2023. Figures are indicative and do not constitute financial advice.

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