18 Marine Terrace in Marine Parade offers prime Singapore HDB living with sea views, easy access to East Coast Park, and modern amenities. This definitive Homejourney guide covers everything from HDB resale prices to neighbourhood insights, helping you make safe, informed decisions in a trusted environment.
Homejourney prioritizes your safety through verified data and transparent advice, ensuring confident property prices and lifestyle choices at this coveted Marine Parade HDB block.
1. Block 18 Marine Terrace Overview
Block 18 at 18 Marine Terrace, Singapore 440018, is a 99-year leasehold HDB development completed in 1975 with 16 floors and 150 units, primarily 4-room flats.[2][5] Located in District 15's Marine Parade, this block sits on reclaimed land near the sea, offering residents proximity to East Coast Park and a coastal lifestyle.[2]
The precinct includes nearby blocks like those on Marine Drive and Marine Crescent, forming a self-sufficient community with wet markets and hawker centres.[6] No recent SERS (Selective En bloc Redevelopment Scheme) announcements affect this block, but check HDB for Home Improvement Programme (HIP) eligibility, common for 1970s builds.[2]
Insider tip: High-floor units here enjoy unobstructed sea views from living rooms and bedrooms, a rare perk in HDB flats without buildings in front.[6] Homejourney verifies such details to build trust in your property search.
Key Block Facts Table
| Attribute | Details |
|---|---|
| Address | 18 Marine Terrace, Singapore 440018 |
| Completion Year | 1975 (TOP: Jan 1975) |
| Floors | 16 |
| Total Units | 150 (mostly 4-room) |
| Tenure | 99 years from 1975 |
Data sourced from official HDB records and verified listings.[2][4][5]
2. Flat Types and Layouts at 18 Marine Terrace
Primarily featuring 4-room HDB flats around 90-93 sqm, Block 18 also has some 1-3 room flexi options for smaller households.[1][2][4] Original 1970s layouts include compact kitchens and service yards, but many units are renovated for open-plan living.
Orientation matters: North-facing units overlook Telok Kurau landed estates for breezy views; sea-facing high floors capture panoramic vistas and festive fireworks.[3][6] Renovated flats often combine bedrooms for master suites, ideal for families.
Practical advice: Check remaining lease (about 48 years as of 2026) for CPF usage—banks cap loans at 30 years or 65% of lease left. Homejourney's HDB search filters by layout and views.
Typical Flat Sizes Table
| Flat Type | Size (sqm) | Common Features |
|---|---|---|
| 3-Room | 60-68 | Compact, good for young couples |
| 4-Room | 90-93 | Family standard, sea views possible |
| Room Rental | ~9-100 sqft | Greenery views, no AC in some[1] |
3. Marine Parade Neighbourhood Guide
Marine Parade is a mature estate blending coastal charm with urban convenience, home to diverse families and professionals.[2] The area's character shines through seafront living, with 19km of park connectors nearby.[2]
Marine Terrace precinct features the Marine Parade Town Council, ensuring high maintenance standards like clean common areas.[6] Residents' Committees (RC) host events at Marine Parade Community Centre, fostering community bonds.
Green spaces abound: East Coast Park is a 5-10 minute drive for cycling and picnics. Local insider: Breeze from the sea keeps units naturally cool, reducing aircon reliance—perfect post-move maintenance via Homejourney's aircon services.
4. Transport and Accessibility
Marine Terrace MRT (TE27, Thomson-East Coast Line) is just 5-7 minutes walk (550-600m), with Marine Parade MRT (TE26) nearby.[1][2][4] Bus stops are doorstep, with routes to CBD (20-25 mins), Orchard (15-20 mins), and Changi Airport (25-30 mins via ECP).
East Coast Parkway (ECP) provides swift expressway access. Cycling paths link to East Coast Park. Commute tip: Avoid peak hours on Marine Parade Road; Circle Line enhancements boost connectivity.[2]
- MRT: Marine Terrace (5 min walk)
- Bus: 13 stops within 500m[2]
- Drive to CBD: 15-20 mins
5. Nearby Amenities
Blk 50A Marine Terrace hosts a wet market and hawker centre (3 mins walk), with Giant Express (300m) and FairPrice Finest (1.2km).[1][8] Parkway Parade mall is 1.5km away for shopping.
Schools: Ngee Ann Primary, CHIJ Katong Convent, Victoria JC within 1-2km—key for Phase 2A priority.[6] Healthcare at Marine Parade Polyclinic; sports at East Coast Park.
Food haven: Marine Terrace Food Centre offers local hawker fare. Homejourney links to projects directory for precinct maps.
Amenities Distance List
- Wet Market & Hawker: 3 mins walk (Blk 50A)[8]
- Giant Express: 300m[1]
- MRT: 550m[1]
- Parkway Parade: 1.5km
- East Coast Park: 10 mins drive
6. HDB Resale Market and Prices
Recent resale prices at 18 Marine Terrace range S$510,000-S$652,000 for 4-room flats (psf ~S$2,600-S$3,500), reflecting Marine Parade's premium status.[2] Rents start at S$950/mo for rooms, up to higher for whole units.[1]
Trends: Stable growth due to MRT proximity and sea views; compare to Marine Terrace averages via Homejourney. Factors: High floors command 10-15% premium; lease decay impacts lower floors.
Disclaimer: Prices fluctuate; verify latest on Homejourney's property search. Use our mortgage calculator for affordability.
Price Comparison Table (Last 12 Months)
| Type | Resale Price Range | Rental PSF |
|---|---|---|
| 4-Room | S$510K - S$652K | S$2.6 - S$3.5 |
| Room Rental | S$950/mo | S$9.50 psf[1] |
7. HDB Regulations for 18 Marine Terrace Buyers
MOP is 5 years for resale HDB; Ethnic Integration Policy (EIP) and SPR quotas apply.[HDB official] Income ceiling for HDB loans: S$14,000 (couples), S$7,000 (singles). Grants: Up to S$80,000 CPF Housing Grant, Enhanced-CHG for lower incomes.
Remaining lease (~48 years) limits CPF to that tenure; banks require 30-year loans max. PRs buy resale only. Always consult HDB for updates—Homejourney simplifies with verified checklists.
8. Buying and Renting Considerations
Resale timeline: 8-12 weeks from OTP to key collection. Expect HDB valuation, possible COV (S$10K-S$50K here). Second-timers pay resale levy. Legal fees ~S$2K-S$5K; ABSD for non-citizens.
Renting: Whole flat post-MOP; rooms anytime. Steps: View via Homejourney, sign tenancy agreement, pay 2+1 months deposit. Contact HDB specialist agents for safety.
Original insight: Prioritize sea-view units for resale value retention. Like our guides on 293B Compassvale Crescent Nearby Amenities & Transport Guide | Homejourney , this ensures seamless moves.
9. Frequently Asked Questions (FAQs)
What are current 18 Marine Terrace HDB resale prices?
Range S$510K-S$652K for 4-room; check Homejourney for live listings. Prices vary by floor/lease.[2]
Is Marine Terrace MRT near Block 18?
Yes, 5-7 min walk (TE27). Ideal for CBD commutes.[1][4]
Are there sea views from 18 Marine Terrace flats?
High-floor sea-facing units yes, unobstructed.[6][3]
What's the remaining lease for 18 Marine Terrace?
~48 years from 2026; confirm with HDB for loans.[2]
Schools near 18 Marine Terrace?
Ngee Ann Primary, CHIJ Katong (1-2km).[6]
Can PRs buy resale HDB here?
Yes, subject to EIP/SPR quotas post-MOP.[HDB]
How to finance HDB at Marine Parade?
Use Homejourney's mortgage rates tool; HDB loan up to 90% if eligible.
Ready to explore? Browse 18 Marine Terrace listings or connect with agents. Homejourney ensures a safe journey with verified insights and top service.
