88 Ocean Drive
Terrace House · in Southern Islands, District 4, Singapore · 99 yrs from 03/01/2005 · Completed 2007
Intro: 88 Ocean Drive is a terrace house located along Ocean Drive within District 04 with a 99-year lease commencing on 3 January 2005. It was completed in 2007. So far it has been transacted a total of 4 times, amounting to $24.7M+ in total.
88 Ocean Drive project details
88 Ocean Drive price, PSF and transaction trends
88 Ocean Drive transaction volume
Among the latest 4 recorded sales for 88 Ocean Drive, the median price was S$6,040,000 and the median PSF was S$2,212 psf. The newest record shown is from 2 October 2017. The annual project median was 10.5% higher in 2017 than in 2007; unit mix can affect year-to-year comparisons.
Recent 88 Ocean Drive transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 2 October 2017 | Resale | S$5,080,000 | S$1,860 psf | 2,731 sqft |
| 22 October 2012 | Resale | S$7,000,000 | S$2,563 psf | 2,731 sqft |
| 20 May 2010 | Resale | S$7,999,000 | S$2,929 psf | 2,731 sqft |
| 20 June 2007 | New Sale | S$4,600,000 | S$1,684 psf | 2,731 sqft |
88 Ocean Drive median transaction PSF (S$)
88 Ocean Drive annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2017 | S$5,080,000 | S$1,860 psf | 1 |
| 2012 | S$7,000,000 | S$2,563 psf | 1 |
| 2010 | S$7,999,000 | S$2,929 psf | 1 |
| 2007 | S$4,600,000 | S$1,684 psf | 1 |
88 Ocean Drive annualized profit %
Frequently asked questions about 88 Ocean Drive
How much do units at 88 Ocean Drive cost?
The latest 4 recorded sales show a median price of S$6,040,000 and a median of S$2,212 psf. Actual prices vary by floor, size, facing, condition and sale date.
Is 88 Ocean Drive freehold or leasehold?
88 Ocean Drive has a tenure of 99 yrs from 03/01/2005.
When was 88 Ocean Drive completed?
88 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 2 October 2017. Figures are indicative and do not constitute financial advice.
