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Ocean Apartments

Apartment · in Bedok, District 15, Singapore · Freehold · Completed 1970

Data through 30 June 2011

Intro: Ocean Apartments provides a classic freehold address on East Coast Road that keeps residents within a six-minute walk of Marine Terrace MRT station 🚇.
Good to know: Located within one kilometer of Tao Nan School and CHIJ Katong Primary 🏫; Offers direct access to East Coast lifestyle amenities 🌊.
Practical note: As a smaller, older development from 1970, it offers a low-key residential feel rather than the extensive facility mix found in modern condominiums 🏠.

D15OCREastBedok
On this pageProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs
< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Top 20
Schools
Mega
Development
< 10y
Property Age
100%
Profitable
50+
Deals Past Yr

Ocean Apartments project details

Street
East Coast Road
Property Type
Apartment
Completion
1970
Total Units
-1
Plot Ratio
1.4
Unit Size
883 - 1,033 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
42

MRT and LRT stations near Ocean Apartments

  • Marine Terrace336 m · MRTTE27
  • Marine Parade759 m · MRTMRT
See details on nearby stations

Primary schools near Ocean Apartments

  • Chij (Katong) Primary537 m
  • Ngee Ann Primary School625 m
  • Tao Nan School630 m
See details on nearby schools

Ocean Apartments price, PSF and transaction trends

14%
HDB Buyers
$18.6M+
Total Transacted
08-04-2008
First Transacted
30-06-2011
Last Transacted
22
Total Transactions

Ocean Apartments transaction volume

Ocean Apartments transaction volume001222008 · Resale: 120082011 · Resale: 22011
New SaleSub SaleResale

Among the latest 3 recorded sales for Ocean Apartments, the median price was S$993,055 and the median PSF was S$1,016 psf. The newest record shown is from 20 January 2011. The annual project median was 74.1% higher in 2011 than in 2008; unit mix can affect year-to-year comparisons.

Recent Ocean Apartments transactions

DateSale typePricePSFSize
20 January 2011ResaleS$993,055S$1,073 psf926 sqft
20 January 2011ResaleS$1,049,479S$1,016 psf1,033 sqft
8 April 2008ResaleS$620,000S$600 psf1,033 sqft

Ocean Apartments median transaction PSF (S$)

Ocean Apartments median transaction PSF (S$)05001.0K1.5K2008 · Median PSF: 60020082011 · Median PSF: 1.0K2011

Ocean Apartments annual price trend

YearMedian priceMedian PSFRecorded sales
2011S$1,021,267S$1,044 psf2
2008S$620,000S$600 psf1
88.9%
% Profitable
8
Profitable
1
Unprofitable
6
> 6% Annualized
2.8 yrs
Avg Holding
$2.8M
Total Profits

Ocean Apartments annualized profit %

Ocean Apartments annualized profit %0.0%10.0%20.0%30.0%2011 · Average Annualized Profit: 20.8%2011
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Ocean Apartments rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 12 recorded rental contracts for Ocean Apartments, the median monthly rent was S$1,450, with records ranging from S$1,200 to S$2,600.

Recent Ocean Apartments rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 May 2008—S$2,600S$2 psf1000-1100
1 January 2008—S$2,300S$2 psf1000-1100
1 October 2007—S$1,750S$2 psf1000-1100
1 October 2007—S$1,500S$1 psf1000-1100
1 August 2007—S$1,400S$1 psf1000-1100

Ocean Apartments rental volume

Ocean Apartments rental volume0258102001 · Rentals: 320012002 · Rentals: 720022003 · Rentals: 620032004 · Rentals: 820042005 · Rentals: 420052006 · Rentals: 220062007 · Rentals: 1020072008 · Rentals: 22008
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Frequently asked questions about Ocean Apartments

How much do units at Ocean Apartments cost?

The latest 3 recorded sales show a median price of S$993,055 and a median of S$1,016 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Ocean Apartments?

The latest recorded median monthly rent is S$1,450. Rental yield is indicative and can vary by unit and costs.

Is Ocean Apartments freehold or leasehold?

Ocean Apartments has a tenure of Freehold.

When was Ocean Apartments completed?

Ocean Apartments was completed in 1970.

Which MRT or LRT station is nearest to Ocean Apartments?

Marine Terrace is the nearest station shown, at an estimated straight-line distance of 336 metres.

Which primary schools are near Ocean Apartments?

The primary schools shown within the page’s one-kilometre search are Chij (Katong) Primary (537 m), Ngee Ann Primary School (625 m), and Tao Nan School (630 m). Distances are estimates and do not determine school-admission eligibility.

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 30 June 2011. Figures are indicative and do not constitute financial advice.

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