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Marine Blue @ Marine Parade: Spacious Seaview Homes in a Cosy and Eclectic Neighbourhood

Ohmyhome

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Marine Blue, located along Marine Parade Road in District 15, is a freehold seaview condominium developed by Ladyhill (Private) Limited. It comprises 124 exclusive residential units across two sleek towers of 16 storeys and 17 storeys. If you love a quaint and chic neighbourhood, this is the abode for you. Besides being close to Central Singapore, there are a lot more things that this property has to offer.

4 Reasons Why Marine Blue Is an Ideal Home:

1. Specifications and Perks for Own Stay

Project Name Tenure TOP Unit Type (up to) Size in sqft Average Price PSF (up to)
Marine Blue Freehold 2017 Loft Suite: 1B+1Ba+1S
Couplet Suite: 1B+1Ba+1S
Doublet Suite: 2B+2Ba
Penthouse: 4B+3Ba
Pool Terrace: 3B+4Ba
1,593
980
1,141
3,261
4,015
$1,352

B: Bedroom | Ba: Bath | S: Study

Marine Blue gives you the freedom to personalise your home with interiors that are open and flexible. Create a bigger and more seamless space by merging both living and bedrooms. There are units that have higher ceilings, accommodating a loft suite with an upper deck that can double as a guest room, study, or hobby nook. All homes are superbly crafted with the finest finishes and fittings.

Show off your hosting skills at the seashore-inspired party deck located on the ground floor, or throw an epic pool party at the party pavilion and barbeque deck. These outdoor facilities merge with the spa pool and lap pool. Other facilities include a 50m lap pool, hot spa pool, wading pool, gymnasium, playground, garden, function room, and living court.

2. Accessibility, Amenities, and Recreational Spots

The nearest train station is Eunos MRT Station on the East West Line (EWL), which is a 20-minute bus ride away. Accessibility will improve soon, as the upcoming Marine Parade MRT Station on the Thomson-East Coast Line (TEL), is slated to open by 2023. This station will be right beside Marine Blue. If you’re driving, you can travel via two expressways, East Coast Parkway or Marine Coastal Expressway, to the Central Business District (16 minutes) and to Orchard Road (21 minutes).

Choose from a wide variety of dining and shopping options in malls such as Parkway Parade, Katong 112 Shopping Mall, Siglap Shopping Centre, Bedok Mall, and Bedok Point. You can find many types of eateries along Katong. If you’re spending the whole day at the beach, there are local hawker food and fast food restaurants too.

Cafe lovers can check out places like Penny University, Forty Hands East Coast, and Stamping Ground Coffee, to name a few. There are many recreational activities you can engage in. Take a stroll, jog, cycle or have fun with water activities at East Coast Park, which is a short walk away.

3. Education, Employment, and Healthcare

The development makes a great place to live for local and international families with children as there are plenty of schools within the surrounding area. There are seven childcare centres, six kindergartens, and three schools (Zhicheng Private School, Inspire Education Centre, and Nanyang Education Institute) within a 500m radius. Other nearby schools include: Tao Nan School, Chung Cheng High School, Tanjong Katong Primary School, Ngee Ann Primary School, Chatsworth International School Singapore, and more.

Need to see a doctor? Driving to these healthcare institutions takes less than 15 minutes: Kallang Polyclinic (two minutes), Parkway East Hospital (six minutes), Raffles Hospital (12 minutes), and Changi General Hospital (14 minutes).

4. Property Price and Future Developments

The price of Marine Blue’s loft suite (1,270 sqft) mid-high level floor, in the past three years:

  • January to December 2017 – up to $1,654,220
  • January to December 2019 – up to $1,787,000

Since 2017, property rental prices at Marine Blue have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like more amenities, recreational facilities, community spaces, and public transportation options.

Is Marine Blue the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!


Best Mortgage Rate Across All Banks for Marine Blue

Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.

Buyer’s Stamp Duty for Marine Blue

Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.

If you opt to buy a three-bedroom unit at Marine Blue the price is at $1,787,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $56,080.

Market Value of the Property BSD Rate Calculation
On the first $180k 1% $1,800
On the second $180k 2% $3,600
Next $640,000 3% $19,200
Remaining $787,000 4% $31,480
BSD Payable $56,080

Source: IRAS

Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!

Additional Buyer’s Stamp Duty for Marine Blue

Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).

Who is liable to pay ABSD:

  • Singapore Citizen (SC) buying second, third and subsequent residential property
  • Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
  • Foreigners or entities buying any residential property

ABSD for Singapore Citizens when Buying Marine Blue

Here’s the ABSD amount you are required to pay if you are an SC:

Property Ownership ABSD Rate ABSD Amount from Price $1,787,000
If Marine Blue is your second residential property 12% $214,440
If Marine Blue is your third or subsequent residential property 15% $268,050

ABSD for Singapore Permanent Resident when Buying Marine Blue

Here’s the ABSD amount you are required to pay if you are an SPR:

Property Ownership ABSD Rate ABSD Amount from Price $1,787,000
If Marine Blue is your first property 5% $89,350
If Marine Blue is your second or subsequent residential property 15% $268,050

ABSD for Foreigners when Buying Marine Blue

Here’s the ABSD amount you are required to pay if you are a foreigner:

Property Ownership ABSD Rate ABSD Amount from Price $1,787,000
Foreigners buying any property 20% $357,400

VIP Service for Buyers at $0 Agent Fees

Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.

Buy your dream home at $0 agent fee!

Call 6886 9009 now!

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