Blk 2 Marine Ter is an HDB block in Marine Parade (completed in 1974, 25 storeys, 96 units). As of Jul 2026, its median resale price over the last 24 months is $858,888, about 22% below the Marine Parade median, from 3 sales. 112 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Marine Parade |
|---|---|
| Completed | 1974 |
| Lease from | 1975 |
| Storeys | 25 |
| Dwelling units | 96 |
| Unit mix (sold) | 5-room ×96 |
| Recorded resales | 112 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 5-Room | $858,888 | $7,157/m² | 3 |
Median monthly rent at this block: $3,600/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~5.0% (Marine Parade average: ~3.3%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 62% of Marine Parade blocks with recent sales.
For a typical 5-room flat here, our price model estimates $758,726–$848,744 (central estimate $803,735). Recent sales — median $953,111 — sit above that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $172,000 | $322,003 | 3 |
| 1991 | $150,000 | $271,478 | 5 |
| 1992 | $210,500 | $372,613 | 2 |
| 1993 | $350,000 | $605,671 | 3 |
| 1994 | $380,000 | $637,851 | 7 |
| 1995 | $396,000 | $653,436 | 4 |
| 1996 | $537,500 | $874,849 | 2 |
| 1997 | $590,000 | $941,259 | 7 |
| 1998 | $440,000 | $703,870 | 4 |
| 1999 | $428,000 | $684,511 | 11 |
| 2000 | $497,500 | $785,075 | 8 |
| 2001 | $468,000 | $731,113 | 5 |
| 2002 | $453,500 | $711,247 | 2 |
| 2003 | $425,000 | $663,312 | 2 |
| 2004 | $430,000 | $660,079 | 2 |
| 2006 | $426,000 | $644,632 | 5 |
| 2007 | $534,000 | $791,361 | 2 |
| 2008 | $695,940 | $967,171 | 4 |
| 2009 | $621,500 | $858,670 | 2 |
| 2010 | $650,000 | $873,340 | 5 |
| 2011 | $829,998 | $1,059,541 | 3 |
| 2012 | $750,500 | $916,090 | 2 |
| 2013 | $814,000 | $970,657 | 2 |
| 2014 | $733,000 | $865,122 | 1 |
| 2017 | $788,000 | $934,507 | 1 |
| 2018 | $650,000 | $767,485 | 1 |
| 2020 | $847,500 | $996,751 | 1 |
| 2021 | $860,000 | $988,558 | 8 |
| 2022 | $880,000 | $953,111 | 2 |
| 2023 | $845,000 | $873,006 | 1 |
| 2024 | $890,000 | $898,037 | 2 |
| 2025 | $858,888 | $858,888 | 3 |
| Record sale | $1,050,000 (5-Room, 2025-05) |
|---|---|
| First recorded sale | $145,000 (1990-02) |
| Busiest year | 1999 · 11 sales |
| Total transacted | $60.8M across 112 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-10 | 5-Room | 04 TO 06 | 120 | $858,888 |
| 2025-07 | 5-Room | 04 TO 06 | 120 | $850,000 |
| 2025-05 | 5-Room | 16 TO 18 | 120 | $1,050,000 |
| 2024-07 | 5-Room | 13 TO 15 | 117 | $980,000 |
| 2024-05 | 5-Room | 04 TO 06 | 120 | $800,000 |
| 2023-01 | 5-Room | 07 TO 09 | 117 | $845,000 |
| 2022-10 | 5-Room | 07 TO 09 | 120 | $880,000 |
| 2022-07 | 5-Room | 16 TO 18 | 117 | $880,000 |
| 2021-12 | 5-Room | 22 TO 24 | 120 | $820,000 |
| 2021-08 | 5-Room | 22 TO 24 | 117 | $938,000 |
| 2021-08 | 5-Room | 19 TO 21 | 120 | $950,000 |
| 2021-06 | 5-Room | 19 TO 21 | 120 | $855,001 |
| 2021-06 | 5-Room | 10 TO 12 | 122 | $865,000 |
| 2021-04 | 5-Room | 19 TO 21 | 120 | $886,800 |
| 2021-03 | 5-Room | 19 TO 21 | 120 | $842,000 |
| 2021-01 | 5-Room | 10 TO 12 | 120 | $850,000 |
| 2020-12 | 5-Room | 22 TO 24 | 122 | $847,500 |
| 2018-09 | 5-Room | 01 TO 03 | 117 | $650,000 |
| 2017-02 | 5-Room | 13 TO 15 | 120 | $788,000 |
| 2014-07 | 5-Room | 01 TO 03 | 120 | $733,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 14 | $1,065,000 | $8,730/m² |
| 2. Blk 1 | $925,000 | $7,708/m² |
| 3. Blk 3 | $900,000 | $7,500/m² |
| 4. Blk 2 | $858,888 | $7,157/m² |
| 5. Blk 12 | $855,000 | $7,125/m² |
| 6. Blk 18 | $720,000 | $8,182/m² |
| 7. Blk 54 | $630,888 | $7,169/m² |
| 8. Blk 55 | $575,000 | $6,534/m² |
| 9. Blk 17 | $568,000 | $6,927/m² |
| 10. Blk 19 | $546,000 | $6,909/m² |
| 11. Blk 6 | $507,440 | $7,177/m² |
| 12. Blk 59 | $487,500 | $7,268/m² |
| 13. Blk 8 | $485,444 | $6,730/m² |
| 14. Blk 20 | $478,500 | $6,484/m² |
| 15. Blk 57 | $478,000 | $7,354/m² |
Showing the top 15 of 19 blocks.
The median resale price over the last 24 months is $858,888 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 5-room flat here, our price model estimates $758,726–$848,744 (central estimate $803,735). Recent sales — median $953,111 — sit above that range.
The median monthly rent is $3,600/mo over the last 12 months (5 contracts).
The block was completed in 1974 and its 99-year lease runs from 1975.