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90 Ocean Drive

Terrace House · in Southern Islands, District 4, Singapore · 99 yrs from 03/01/2005 · Completed 2007

Data through 15 January 2008

Intro: 90 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 2 times, amounting to $8.9M+ in total.

D4CCRCentralSouthern Islands
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90 Ocean Drive project details

Street
Ocean Drive
Property Type
Terrace
Completion
2007
Total Units
-1
Unit Size
2,188 sqft
Tenure
99 yrs from 03/01/2005
Lease Remaining
78 yrs
Postal Sector
9

90 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$8.9M+
Total Transacted
13-03-2006
First Transacted
15-01-2008
Last Transacted
2
Total Transactions

90 Ocean Drive transaction volume

90 Ocean Drive transaction volume000112006 · New Sale: 120062008 · Sub Sale: 12008
New SaleSub SaleResale

Among the latest 2 recorded sales for 90 Ocean Drive, the median price was S$4,450,000 and the median PSF was S$2,034 psf. The newest record shown is from 15 January 2008. The annual project median was 156.1% higher in 2008 than in 2006; unit mix can affect year-to-year comparisons.

Recent 90 Ocean Drive transactions

DateSale typePricePSFSize
15 January 2008Sub SaleS$6,400,000S$2,925 psf2,188 sqft
13 March 2006New SaleS$2,500,000S$1,142 psf2,188 sqft

90 Ocean Drive median transaction PSF (S$)

90 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2006 · Median PSF: 1.1K20062008 · Median PSF: 2.9K2008

90 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2008S$6,400,000S$2,925 psf1
2006S$2,500,000S$1,142 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
1
> 6% Annualized
1.8 yrs
Avg Holding
$3.9M
Total Profits

90 Ocean Drive annualized profit %

90 Ocean Drive annualized profit %0.0%20.0%40.0%60.0%80.0%2008 · Average Annualized Profit: 66.6%2008
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Frequently asked questions about 90 Ocean Drive

How much do units at 90 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$4,450,000 and a median of S$2,034 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 90 Ocean Drive freehold or leasehold?

90 Ocean Drive has a tenure of 99 yrs from 03/01/2005.

When was 90 Ocean Drive completed?

90 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 15 January 2008. Figures are indicative and do not constitute financial advice.

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