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94 Ocean Drive

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

Data through 4 January 2019

Intro: 94 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 $7.7M+ in total.

D4CCRCentralSouthern Islands
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94 Ocean Drive project details

Street
Ocean Drive
Property Type
Terrace
Completion
2007
Total Units
-1
Unit Size
2,327 sqft
Tenure
99 yrs from 03/01/2005
Lease Remaining
78 yrs
Postal Sector
9

94 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$7.7M+
Total Transacted
24-05-2006
First Transacted
04-01-2019
Last Transacted
2
Total Transactions

94 Ocean Drive transaction volume

94 Ocean Drive transaction volume000112006 · New Sale: 120062019 · Resale: 12019
New SaleSub SaleResale

Among the latest 2 recorded sales for 94 Ocean Drive, the median price was S$3,844,000 and the median PSF was S$1,652 psf. The newest record shown is from 4 January 2019. The annual project median was 74.6% higher in 2019 than in 2006; unit mix can affect year-to-year comparisons.

Recent 94 Ocean Drive transactions

DateSale typePricePSFSize
4 January 2019ResaleS$4,888,000S$2,100 psf2,327 sqft
24 May 2006New SaleS$2,800,000S$1,203 psf2,327 sqft

94 Ocean Drive median transaction PSF (S$)

94 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2006 · Median PSF: 1.2K20062019 · Median PSF: 2.1K2019

94 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2019S$4,888,000S$2,100 psf1
2006S$2,800,000S$1,203 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
0
> 6% Annualized
12.6 yrs
Avg Holding
$2.1M
Total Profits

94 Ocean Drive annualized profit %

94 Ocean Drive annualized profit %0.0%1.5%3.0%4.5%6.0%2019 · Average Annualized Profit: 4.5%2019
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Frequently asked questions about 94 Ocean Drive

How much do units at 94 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$3,844,000 and a median of S$1,652 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 94 Ocean Drive freehold or leasehold?

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

When was 94 Ocean Drive completed?

94 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 4 January 2019. Figures are indicative and do not constitute financial advice.

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