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Home/District 15 - East Coast, Marine Parade/SEAVIEW POINT

SEAVIEW POINT

District 15RCRFreeholdPropertyGuru

Project Details

Address
AMBER ROAD
Property Type
Apartment
Total Units
N/A
Est. TOP
N/A
Tenure
Freehold
Price by Bedroom (median, 3yr)
3-Bed
$3,008,888
2 txns
Median PSF (3yr)
$2167
2 transactions
Lease too short to normalize meaningfully (under 40yr remaining).

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Investment Signals

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PSF Trend

Transaction prices per square foot

More projects in District 15 - East Coast, Marine Parade ->
Last 3 years
  • SEAVIEW POINTRCR
    Apr 2026 · D15 · 3-Bed · 1,389 sqft · fl 11-15
    $3,008,888
    $2,167 psf
    — norm
    Resale
  • SEAVIEW POINTRCR
    Nov 2025 · D15 · 3-Bed · 1,389 sqft · fl 01-05
    $2,750,000
    $1,980 psf
    — norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
SEAVIEW POINT15RCR311-151,389$3,008,888$2,167—Apr 2026Resale
SEAVIEW POINT15RCR301-051,389$2,750,000$1,980—Nov 2025Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.