Block 2 Marine Ter
2 Marine Ter, Singapore 440002
Block 2 Marine Ter is an HDB block in Marine Parade, completed in 1974, with 96 dwelling units. Across 113 resales on record, 5-Room flats have recently resold around S$880k (S$681 psf, 120 sqm). The lease has approximately 48 years remaining.
What are the key facts about Block 2 Marine Ter?
Block 2 Marine Ter is an HDB block in Marine Parade, completed in 1974, with 96 dwelling units.
- Town
- Marine Parade
- Planning area
- Marine Parade
- Completed
- 1974
- Storeys
- 25
- Total units
- 96
- Flat model
- Standard
- Market segment
- RCR
- Median resale
- S$880k
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 48 years
What are resale prices at Block 2 Marine Ter?
5-Room flats have recently resold around S$880k (S$681 psf), from 113 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 5-Room | 113 | S$880,000recent | 120 sqm | S$681 psf |
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Jul 2026.
What rent and yield does Block 2 Marine Ter get?
Flats at Block 2 Marine Ter have recently sublet for a median of S$3,600/mo, an indicative gross rental yield of about 4.9% (from 24 recent rental contracts).
Median rent
S$3,600/mo
24 recent contracts
Gross rental yield
4.9%
indicative, gross
Annual rent
S$43,200
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 24 | S$3,600/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 2 Marine Ter?
Block 2 Marine Ter has 113 recorded resales; the most recent transacted at S$1,110,000 in Jul 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jul 2026 | 5-Room | 19 TO 21 | 122 sqm | S$1,110,000 |
| Oct 2025 | 5-Room | 04 TO 06 | 120 sqm | S$858,888 |
| Jul 2025 | 5-Room | 04 TO 06 | 120 sqm | S$850,000 |
| May 2025 | 5-Room | 16 TO 18 | 120 sqm | S$1,050,000 |
| Jul 2024 | 5-Room | 13 TO 15 | 117 sqm | S$980,000 |
| May 2024 | 5-Room | 04 TO 06 | 120 sqm | S$800,000 |
| Jan 2023 | 5-Room | 07 TO 09 | 117 sqm | S$845,000 |
| Oct 2022 | 5-Room | 07 TO 09 | 120 sqm | S$880,000 |
| Jul 2022 | 5-Room | 16 TO 18 | 117 sqm | S$880,000 |
| Dec 2021 | 5-Room | 22 TO 24 | 120 sqm | S$820,000 |
| Aug 2021 | 5-Room | 22 TO 24 | 117 sqm | S$938,000 |
| Aug 2021 | 5-Room | 19 TO 21 | 120 sqm | S$950,000 |
What flat types are in Block 2 Marine Ter?
Block 2 Marine Ter has 96 units, mostly 5-Room flats of the Standard model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 2 Marine Ter?
Block 2 Marine Ter is an HDB block in Marine Parade.
Block 2 Marine Ter is an HDB block located along Marine Ter. The block is recorded as completed around 1974, with up to 25 storeys. It has an estimated 96 residential units based on the HDB property information dataset. Flat types in the block include 5-room units.
The address is Block 2 Marine Ter, Singapore 440002. It is part of District 15, Katong / Joo Chiat / Amber Road, the Marine Parade planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Marine Terrace MRT, approximately 420m away, around 7 minutes on foot. Nearby amenities include i12 Katong for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 50A Marine Terrace for food options, Jln Buloh Perindu Pg for greenery and recreation, and Marine Parade Community Club for community facilities.
How far is Block 2 Marine Ter from MRT and schools?
The nearest MRT/LRT to Block 2 Marine Ter is Marine Terrace MRT, about 420 m away (~7 min walk). 6 schools are within 1 km, including 3 primary schools.
Getting around
- Marine Terrace MRT420 m · ~7 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Ngee Ann Primary SchoolPrimary schoolwithin 1 km · P1 priority142 m
- Chij Katong ConventSecondary schoolwithin 1 km248 m
- Victoria Junior CollegeJunior collegewithin 1 km320 m
- St. Patrick's SchoolSecondary schoolwithin 1 km385 m
- Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority742 m
- Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority817 m
- Victoria SchoolSecondary school1.2 km
- St. Stephen's SchoolPrimary school1.6 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 2 Marine Ter?
Buying a flat at Block 2 Marine Ter (~S$880k) needs about S$7,015/mo in income and S$3,304/mo in repayments, after S$21,000 stamp duty and a S$220k downpayment.
Illustrative, for a buyer at the recent median resale price (S$880k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$21,000
BSD, tiered
Downpayment (25%)
S$220k
cash + CPF
Monthly instalment
S$3,304/mo
25y @ 3.5%
Income required
S$7,015/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 2 Marine Ter? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 2 Marine Ter land close to the town median — fair value, no big premium.
Frequently asked questions about Block 2 Marine Ter
How much does a 5-Room flat at Block 2 Marine Ter cost?⌄
5-Room flats at Block 2 Marine Ter have recently resold for a median of about S$880k (S$681 psf), from 113 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 2 Marine Ter worth buying given its remaining lease?⌄
Block 2 Marine Ter has about 48 years left on its 99-year lease (completed 1974). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 2 Marine Ter?⌄
Gross rental yield at Block 2 Marine Ter is about 4.9%, based on a median subletting rent of about S$3,600/mo against a resale price of about S$880k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 2 Marine Ter?⌄
For a flat at about S$880k on a 25-year HDB-style loan, you'd need roughly S$7,015/mo in household income, with repayments around S$3,304/mo after a S$220k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 2 Marine Ter?⌄
The nearest MRT/LRT station to Block 2 Marine Ter is Marine Terrace MRT, about 420 m away (~7 min walk).
Which primary schools are within 1 km of Block 2 Marine Ter?⌄
Ngee Ann Primary School, Tao Nan School, Chij (Katong) Primary are within 1 km of Block 2 Marine Ter — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.