Block 59 Marine Ter
59 Marine Ter, Singapore 440059
Block 59 Marine Ter is an HDB block in Marine Parade, completed in 1974, with 150 dwelling units. Across 201 resales on record, 3-Room flats have recently resold around S$482k (S$653 psf, 65 sqm). The lease has approximately 48 years remaining.
What are the key facts about Block 59 Marine Ter?
Block 59 Marine Ter is an HDB block in Marine Parade, completed in 1974, with 150 dwelling units.
- Town
- Marine Parade
- Planning area
- Marine Parade
- Completed
- 1974
- Storeys
- 10
- Total units
- 150
- Flat model
- Improved
- Market segment
- RCR
- Median resale
- S$482k
- Last transacted
- Feb 2026
- Remaining lease
- ≈ 48 years
What are resale prices at Block 59 Marine Ter?
3-Room flats have recently resold around S$482k (S$653 psf), from 201 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 201 | S$482,000recent | 65 sqm | S$653 psf |
Live now: 2 flats listed for sale at this block and 4 for rent (median S$550/mo) — search all listings.
“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 Feb 2026.
What rent and yield does Block 59 Marine Ter get?
Flats at Block 59 Marine Ter have recently sublet for a median of S$3,000/mo, an indicative gross rental yield of about 7.5% (from 24 recent rental contracts).
Median rent
S$3,000/mo
24 recent contracts
Gross rental yield
7.5%
indicative, gross
Annual rent
S$36,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 24 | S$3,000/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 Jun 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 59 Marine Ter?
Block 59 Marine Ter has 201 recorded resales; the most recent transacted at S$485,000 in Feb 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Feb 2026 | 3-Room | 04 TO 06 | 65 sqm | S$485,000 |
| Oct 2025 | 3-Room | 04 TO 06 | 65 sqm | S$505,000 |
| Jun 2025 | 3-Room | 04 TO 06 | 65 sqm | S$462,888 |
| May 2025 | 3-Room | 04 TO 06 | 65 sqm | S$482,000 |
| Apr 2025 | 3-Room | 07 TO 09 | 76 sqm | S$520,000 |
| Dec 2024 | 3-Room | 07 TO 09 | 65 sqm | S$490,000 |
| Dec 2024 | 3-Room | 07 TO 09 | 65 sqm | S$506,000 |
| Dec 2024 | 3-Room | 10 TO 12 | 76 sqm | S$513,000 |
| Nov 2024 | 3-Room | 07 TO 09 | 65 sqm | S$456,800 |
| Aug 2024 | 3-Room | 10 TO 12 | 65 sqm | S$455,000 |
| Mar 2024 | 3-Room | 04 TO 06 | 65 sqm | S$396,888 |
| Nov 2023 | 3-Room | 01 TO 03 | 65 sqm | S$396,000 |
What flat types are in Block 59 Marine Ter?
Block 59 Marine Ter has 150 units, mostly 3-Room flats of the Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 59 Marine Ter?
Block 59 Marine Ter is an HDB block in Marine Parade.
Block 59 Marine Ter is an HDB block located along Marine Ter. The block is recorded as completed around 1974, with up to 10 storeys. It has an estimated 150 residential units based on the HDB property information dataset. Flat types in the block include 3-room units.
The address is Block 59 Marine Ter, Singapore 440059. 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 99m away, around 2 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, Telok Kurau Lorong N Pk for greenery and recreation, Marine Parade Polyclinic for polyclinic services, and Marine Parade Community Club for community facilities.
How far is Block 59 Marine Ter from MRT and schools?
The nearest MRT/LRT to Block 59 Marine Ter is Marine Terrace MRT, about 99 m away (~2 min walk). 6 schools are within 1 km, including 3 primary schools.
Getting around
- Marine Terrace MRT99 m · ~2 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Chij Katong ConventSecondary schoolwithin 1 km277 m
- Ngee Ann Primary SchoolPrimary schoolwithin 1 km · P1 priority307 m
- Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority358 m
- St. Patrick's SchoolSecondary schoolwithin 1 km395 m
- Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority408 m
- Victoria Junior CollegeJunior collegewithin 1 km592 m
- St. Stephen's SchoolPrimary school1.5 km
- Haig Girls' SchoolPrimary school1.5 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 59 Marine Ter?
Buying a flat at Block 59 Marine Ter (~S$482k) needs about S$3,842/mo in income and S$1,810/mo in repayments, after S$9,060 stamp duty and a S$121k downpayment.
Illustrative, for a buyer at the recent median resale price (S$482k) — 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$9,060
BSD, tiered
Downpayment (25%)
S$121k
cash + CPF
Monthly instalment
S$1,810/mo
25y @ 3.5%
Income required
S$3,842/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 59 Marine Ter? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
Recent sales at Block 59 Marine Ter land close to the town median — fair value, no big premium.
Frequently asked questions about Block 59 Marine Ter
How much does a 3-Room flat at Block 59 Marine Ter cost?⌄
3-Room flats at Block 59 Marine Ter have recently resold for a median of about S$482k (S$653 psf), from 201 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 59 Marine Ter worth buying given its remaining lease?⌄
Block 59 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 59 Marine Ter?⌄
Gross rental yield at Block 59 Marine Ter is about 7.5%, based on a median subletting rent of about S$3,000/mo against a resale price of about S$482k. 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 59 Marine Ter?⌄
For a flat at about S$482k on a 25-year HDB-style loan, you'd need roughly S$3,842/mo in household income, with repayments around S$1,810/mo after a S$121k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 59 Marine Ter?⌄
The nearest MRT/LRT station to Block 59 Marine Ter is Marine Terrace MRT, about 99 m away (~2 min walk).
Which primary schools are within 1 km of Block 59 Marine Ter?⌄
Ngee Ann Primary School, Tao Nan School, Chij (Katong) Primary are within 1 km of Block 59 Marine Ter — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
