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96 Ocean Drive

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

Data through 21 January 2013

Intro: 96 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 $9.3M+ in total.

D4CCRCentralSouthern Islands
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96 Ocean Drive project details

Street
Ocean Drive
Property Type
Terrace
Completion
2007
Total Units
-1
Unit Size
2,405 sqft
Tenure
99 yrs from 03/01/2005
Lease Remaining
78 yrs
Postal Sector
9

96 Ocean Drive price, PSF and transaction trends

0%
HDB Buyers
$9.3M+
Total Transacted
05-04-2006
First Transacted
21-01-2013
Last Transacted
2
Total Transactions

96 Ocean Drive transaction volume

96 Ocean Drive transaction volume000112006 · New Sale: 120062013 · Resale: 12013
New SaleSub SaleResale

Among the latest 2 recorded sales for 96 Ocean Drive, the median price was S$4,630,000 and the median PSF was S$1,926 psf. The newest record shown is from 21 January 2013. The annual project median was 135.5% higher in 2013 than in 2006; unit mix can affect year-to-year comparisons.

Recent 96 Ocean Drive transactions

DateSale typePricePSFSize
21 January 2013ResaleS$6,500,000S$2,703 psf2,405 sqft
5 April 2006New SaleS$2,760,000S$1,148 psf2,405 sqft

96 Ocean Drive median transaction PSF (S$)

96 Ocean Drive median transaction PSF (S$)01.0K2.0K3.0K2006 · Median PSF: 1.1K20062013 · Median PSF: 2.7K2013

96 Ocean Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2013S$6,500,000S$2,703 psf1
2006S$2,760,000S$1,148 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
1
> 6% Annualized
6.8 yrs
Avg Holding
$3.7M
Total Profits

96 Ocean Drive annualized profit %

96 Ocean Drive annualized profit %0.0%5.0%10.0%15.0%2013 · Average Annualized Profit: 13.4%2013
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Frequently asked questions about 96 Ocean Drive

How much do units at 96 Ocean Drive cost?

The latest 2 recorded sales show a median price of S$4,630,000 and a median of S$1,926 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 96 Ocean Drive freehold or leasehold?

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

When was 96 Ocean Drive completed?

96 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 21 January 2013. Figures are indicative and do not constitute financial advice.

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