Marine Terrace: District 15 Living With a Direct MRT Line to the CBD
Updated 2026-09-23
Marine Terrace sits in the heart of Marine Parade, one of Singapore's most established east-coast neighbourhoods. The opening of Marine Terrace MRT station (TE27) on the Thomson-East Coast Line in June 2024 cut CBD commute times sharply, and the area now offers 312 live listings across condos, landed homes, and HDB resale flats.
What is the Marine Terrace area like to live in?
Marine Terrace is a residential street running through the Marine Parade HDB estate, a neighbourhood built on reclaimed land in the 1970s and one of the few early estates in Singapore that has remained entirely intact. The area sits between East Coast Road and East Coast Park, giving residents walking access to Singapore's largest coastal park on one side and the Katong-Joo Chiat heritage belt on the other.
Daily amenities are close at hand. Parkway Parade, one of Singapore's earliest suburban malls, anchors the neighbourhood with a supermarket, cinema, and a wide food and retail mix. The Marine Parade Central Market and Food Centre serves as the estate's hawker centre. i12 Katong, a short walk along East Coast Road, adds more dining and lifestyle options. The Marine Parade Community Building, which closed for redevelopment in 2022, is due to reopen in 2026 with upgraded facilities including a public library, running track, and open-air fitness deck.
How far is Marine Terrace MRT from the CBD?
Marine Terrace station (TE27) opened on 23 June 2024 as part of Stage 4 of the Thomson-East Coast Line, which added eight stations from Founders' Memorial to Bayshore in a single launch. The line runs directly to Shenton Way and Marina Bay, putting the financial district roughly 25 to 30 minutes away by train without a line change.
Neighbouring stations are Marine Parade (TE26) and Siglap (TE28). The final TEL stage, adding Bedok South and Sungei Bedok, is still to come. For drivers, the East Coast Parkway provides expressway access to both the CBD and Changi Airport.
What is at 12 Marine Terrace and 17 Marine Terrace?
These are HDB blocks within the Marine Terrace Breeze cluster, a group of nine blocks totalling around 1,343 units. Block 12 contains 96 five-room flats completed in 1974 and sits roughly 240 metres from Marine Terrace MRT. Recent resale transactions for five-room units in Block 12 have ranged from approximately S$780,000 to S$920,000.
Block 17 contains 150 four-room flats completed in 1975, with recent resale prices in the range of S$533,000 to S$625,000. Block 17A is part of the same cluster. All Marine Terrace HDB blocks carry 99-year leases from 1974 or 1975, leaving roughly 47 to 48 years of remaining lease. HDB has stated it has no current plans for SERS (Selective En Bloc Redevelopment Scheme) in the estate, and the newer VERS programme would only apply to blocks reaching 70 years of age, which for Marine Terrace means the early 2040s at the earliest.
Housing stock and prices
Hombble currently lists 312 properties for sale near Marine Terrace, with an average asking price of S$4,007,855 and an average size of 2,814 square feet. The mix is weighted towards private property: 171 condominiums, 98 landed homes, and 43 HDB resale flats. The average asking price per square foot across all types is S$1,585.
For context, District 15 condo resale prices typically range from S$1,800 to S$2,700 per square foot, with premium addresses reaching above S$3,500. HDB resale in Marine Parade commands a clear premium over neighbouring Bedok, where four-room flats average S$550,000 to S$620,000 compared with Marine Parade's median of roughly S$667,000. The scarcity factor matters here: Marine Parade has had no new HDB supply for decades, and there is no vacant land for future BTO launches within the estate.
Schools near Marine Terrace
The area is well served by established schools. CHIJ Katong Convent, a government-aided autonomous girls' secondary school, sits on Marine Terrace itself at Block 346. Tao Nan School, a co-educational primary school with strong academic standing, is within the Marine Parade planning area. Other nearby primaries include CHIJ Katong Primary and Tanjong Katong Primary School.
For secondary options beyond CHIJ Katong Convent, Tanjong Katong Girls' School and Tanjong Katong Secondary School are both in the vicinity. The concentration of schools within walking or short bus distance is one of the reasons the estate has remained popular with families over five decades.
Outlook for Marine Parade property
Two factors shape the medium-term outlook. The first is the TEL, now operational, which removed the area's longstanding public transport gap and has already supported price growth since 2024. The second is constrained supply: no new HDB blocks can be built in the estate, and private redevelopment sites in District 15 are limited.
Further ahead, the planned closure and relocation of Paya Lebar Airbase will eventually lift building-height restrictions across Marine Parade and surrounding areas. The timeline is the mid-2030s at the earliest, and the practical effect on redevelopment potential remains speculative. For now, the area's value rests on what is already in place: an established neighbourhood with direct MRT access, coastal parkland, strong schools, and a housing stock that is not being replicated.