98 Ocean Drive
Terrace House · in Southern Islands, District 4, Singapore · 99 yrs from 03/01/2005 · Completed 2007
Intro: 98 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 $21.2M+ in total.
98 Ocean Drive project details
98 Ocean Drive price, PSF and transaction trends
98 Ocean Drive transaction volume
Among the latest 4 recorded sales for 98 Ocean Drive, the median price was S$5,850,000 and the median PSF was S$2,348 psf. The newest record shown is from 10 September 2015. The annual project median was 78.9% higher in 2015 than in 2006; unit mix can affect year-to-year comparisons.
Recent 98 Ocean Drive transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 10 September 2015 | Resale | S$5,100,000 | S$2,047 psf | 2,492 sqft |
| 29 October 2010 | Resale | S$6,600,000 | S$2,649 psf | 2,492 sqft |
| 2 June 2010 | Resale | S$6,680,000 | S$2,681 psf | 2,492 sqft |
| 18 April 2006 | New Sale | S$2,850,000 | S$1,144 psf | 2,492 sqft |
98 Ocean Drive median transaction PSF (S$)
98 Ocean Drive annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2015 | S$5,100,000 | S$2,047 psf | 1 |
| 2010 | S$6,640,000 | S$2,665 psf | 2 |
| 2006 | S$2,850,000 | S$1,144 psf | 1 |
98 Ocean Drive annualized profit %
Frequently asked questions about 98 Ocean Drive
How much do units at 98 Ocean Drive cost?
The latest 4 recorded sales show a median price of S$5,850,000 and a median of S$2,348 psf. Actual prices vary by floor, size, facing, condition and sale date.
Is 98 Ocean Drive freehold or leasehold?
98 Ocean Drive has a tenure of 99 yrs from 03/01/2005.
When was 98 Ocean Drive completed?
98 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 10 September 2015. Figures are indicative and do not constitute financial advice.
