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OCEAN 8

District 04 | OCEAN DRIVE

Developed by IJM Properties Sdn Bhd

Tenure
99-year Leasehold
Est. TOP
2010
Total units
8
Unit mix
On request
Request viewingCompare projects
Units & pricesPrice psfProject factsLocationTransactionsFAQs

Unit mix

Unit mix will be updated when the developer releases it.

Price range

Median transactedFrom $5.30M
Projects›OCEAN 8

Projects analysis

OCEAN 8

D04 · OCEAN DRIVE

OverviewPrice psfUnit mixLaunch timelineComparablesKai insightLocationTransactions

Median price

S$1,775 psf

Avg. price

S$1,627 psf

Volume (6m)

1 units

Take-up rate

100%

Units sold

8 / 8

Price psf trend

Latest project transactions

No price trend data available

Unit mix

No data

No unit mix data available.

Launch timeline

First recordAug 2006
Latest saleOct 2021
Completion2010
Tenure99-year Leasehold

Comparable projects

CAPE ROYALED04PrivateCARIBBEAN AT KEPPEL BAYD04PrivateCORAL ISLANDD04PrivateCORALS AT KEPPEL BAYD04Private

Kai insight

Positive

OCEAN 8 has limited recent trend movement available across the available transaction window, with 22 recorded sales. Average pricing is S$1,627 psf.

Active resale dataDistrict context
View all Kai analysis

Project facts

Address
OCEAN DRIVE
Tenure
99-year Leasehold
Completion
2010
Total units
8
Developer
IJM Properties Sdn Bhd

Site plan

Site plan details are available on request.

Facilities

Facilities will be updated when the developer publishes them.

Location amenities

Transport

0

No nearby data yet.

Education

0

No nearby data yet.

Convenience

2

COLD STORAGE

0.73 km away · COLD STORAGE SINGAPORE (1983) PTE LTD

COLD STORAGE

0.92 km away · COLD STORAGE SINGAPORE (1983) PTE LTD

Buyer costs

Median price

$5,300,000

Based on project transactions

Buyer's Stamp Duty

$344,600

Before ABSD profile changes

Down payment

$1,687,500

25% estimate

Monthly payment

$25,344/mo

25-year loan at 3.5%

Median rent

No rental data

Based on active rentals

Gross yield

Insufficient data

Annual rent over median price

Recent transactions

32 transaction records

Sales (22)

Oct 2021

Terrace House · 128 OCEAN DRIVE

$6,920,000 · $1,796 psf

Apr 2021

Terrace House · 126 OCEAN DRIVE

$6,580,000 · $1,698 psf

Jun 2019

Terrace House · 122 OCEAN DRIVE

$4,850,000 · $1,836 psf

Aug 2017

Terrace House · 134 OCEAN DRIVE

$6,500,000 · $1,775 psf

Jun 2016

Terrace House · 124 OCEAN DRIVE

$5,300,000 · $2,020 psf

Oct 2010

Terrace House · 130 OCEAN DRIVE

$6,350,000 · $2,336 psf

Aug 2010

Terrace House · 132 OCEAN DRIVE

$6,150,000 · $2,288 psf

Apr 2010

Terrace House · 128 OCEAN DRIVE

$7,400,888 · $1,921 psf

Rentals (10)

Jul 2025

Terrace House · OCEAN DRIVE

$17,000/mo · 3000-3500

Nov 2024

Terrace House · OCEAN DRIVE

$15,000/mo · 2000-2500

Sept 2024

Terrace House · OCEAN DRIVE

$16,000/mo · 2000-2500

Aug 2023

Terrace House · OCEAN DRIVE

$19,400/mo · 3000-3500

Jul 2023

Terrace House · OCEAN DRIVE

$20,500/mo · 3000-3500

Jun 2023

Terrace House · OCEAN DRIVE

$22,000/mo · 2000-2500

Nov 2022

Terrace House · OCEAN DRIVE

$17,000/mo · 2500-3000

Aug 2021

Terrace House · OCEAN DRIVE

$15,000/mo · 3500-4000

Market review

OCEAN 8 is a terrace housing development located in District 4 within the Telok Blangah and Harbourfront vicinity. The project is situated on a 99-year leasehold site with the lease commencing from 2005, and features a median transaction price of $6,750,000.

AI-generated analysis based on available market data. Last updated May 2026.

Frequently asked questions

What is the tenure of OCEAN 8?

OCEAN 8 is a 99-year leasehold property. The lease for the land commenced in 2005.

What are the recent transacted prices at OCEAN 8?

In 2021, two units were sold at $6,580,000 and $6,920,000 respectively. This results in a median transaction price of $6,750,000 for the project.

What is the price per square foot (PSF) range for this development?

The PSF range recorded for OCEAN 8 is between $1,698 and $1,796. The median PSF across these transactions is $1,746.937.

How large are the terrace houses in OCEAN 8?

Recent transaction data shows unit sizes of 3,852 square feet and 3,876 square feet. These are categorized as terrace house types.

Which district is OCEAN 8 located in?

The project is located in District 4. This district encompasses the Telok Blangah and Harbourfront planning areas.

How many transactions have occurred recently at OCEAN 8?

There have been 2 recorded transactions for this project, both occurring in 2021. The most recent sale was finalized on 2021-10-01 for $6,920,000.