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MARINE VILLE

Marine Parade Road (and 1 others) · D15 Marine Parade
ApartmentFreehold
median $psf
$4.57
median rent · psf/mo
gross rental yield
4
highest floor
20
total units
2004
TOP / completion
Median rent from 5 URA rental contracts (last 12 mo).
54
/ 100
HomeVestor Investor Score
Best for: Family demand + Capital growth
Watch out for: Small project, Thin transactions, Limited rental data
Data confidence: Low · overall risk: Moderate
Yield
Cashflow
Liquidity0
Growth80
Family82
How is this worked out? — this project’s 3 sub-scores, from its own data
Each sub-score is 0–100 (higher = better), built from this project’s actual figures — here are the exact drivers behind each one.
Capital growth · 80
Nearest growth node: Paya Lebar Central — ~2.1 km away (built out) → 68 · Nearest MRT ~286 m (Marine Parade) → 91 · Price momentum — too few recent sales to score  =  average
Exit liquidity · 0
20 units → 0 · 0 sales in 12 mo → 0 · 5 rental contracts → 0  =  average
Family demand · 82
Oversubscribed school within 1 km (Tao Nan School, 1.8× demand) → 82
Overall · 54
The average of the 3 sub-scores above.
Risk flags
Small project — 20 units, thinner resale & rental liquidity · Thin transactions — 0 sales in 12 months, so the price signal is noisy · Limited rental data — 5 rental contracts, so the yield estimate is soft
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

Marine Ville is a freehold project in D15 Marine Parade with limited yield data, thin liquidity and strong school demand (Tao Nan School within 1 km). It sits ~2.1 km from the Paya Lebar Central growth node (built out).

Best suited for
  • Family demand buyers
  • Capital growth buyers
Less suited for
  • pure rental-yield investors
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.
  • Verify the school 1 km boundary & current MOE rules — priority is not a guarantee.

Investment report

A plain-language read on Marine Ville — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Why this may work
  • In the Paya Lebar Central URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
  • Oversubscribed primary school (Tao Nan School) within 1 km — a durable family-demand anchor.
  • Marine Parade MRT Station MRT within ~286 m — walkable transit underpins rent and resale.
  • Freehold — no lease decay, so strong long-horizon holding power.
Why this may fail / what to watch
  • Thin liquidity (0 sales/12 mo · 20-unit project) — a slower, choppier exit and a softer price signal.
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

Nearby projectsmedian $psf of projects within ~2.0 km$1,554 psf
Rental-yield-supportedrent $psf × 12 ÷ 3.4% target gross yield$1,613 psf
HomeVestor fair range$1,508–$1,666 psf
≈ $705,744–$779,688 for a ~468 sqft unit

See the D15 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.4% target gross yield for a RCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.

Long-run trend — project vs. market

Indexed to 100 at 2019 · 2019–2023

Long-run line = URA Private Residential Property Price Index (indexed market trend, not unit prices). Markers = actual transactions, past 5 years. Source: URA via data.gov.sg, SODL v1.0.

Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Marine Parade MRT Station · ~286 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameMARINE VILLE
Street NameMarine Parade Road (and 1 others)
Property TypeApartment
TenureFreehold
District / Planning AreaD15 / Marine Parade
Completion2004
Number of units20 units
Highest floor in the project4
DeveloperS C WONG WOODSVILLE PTE LTD
Land Area (sqm)1,480
Master Plan Plot Ratio1.4

All transactions (2)

Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.

e.g. 20-07 · 20- = storey 20 · -07 = stack 07
both optional
Date Address Size
(sqft)
$psf Price
Show

Rental transactions (25)

Individual private-residential lease contracts, newest first — official URA Data Service. Size is URA’s banded floor area (sqft); the unit number and floor are not disclosed. Click any column heading to sort.

6-month rolling median $psf/month · from individual URA rental contracts

URA records the size band & bedroom count, not the unit number.
Lease date Size
(sqft)
Beds Monthly rent $psf/mo
Show
CalculateMortgage