Marine Parade is proving once again why it’s one of the most closely watched markets for investors. In August 2025 alone, multiple condo owners walked away with million-dollar profits in under five years of holding. Are these eye-popping gains a sign of lasting growth, or just a reflection of perfect timing?
Let’s unpack the numbers!
Table of contents
- The Sea View unit sold at a S$1.372 million profit
- Million-dollar gain in less than 5 years
- Previous seller wasn’t as lucky
- Strong price growth since 2020
- Profitable condo resale at The Sea View
- High-performing Marine Parade freehold condos
- 3-bedder at Aalto fetched S$1 million profit in 4 years
- Marine Parade freehold condo price trend
- High potential for future capital appreciation
- Wrapping up
The Sea View unit sold at a S$1.372 million profit
Among the profitable condo resale transactions in August 2025, one unit at The Sea View stood out for its strong annual return. In mid-August, a 3-bedroom unit on the 20th floor changed hands for S$3.990 million. Spanning 1,410 sqft, the price works out to S$2,830 psf.
The buyer paid above the current project’s average, around 5% higher. In 2025, resale units at The Sea View have only been transacting at an average of S$2,636 psf. When compared to the wider Marine Parade freehold condo market, the price gap grew even wider. Freehold units in the area averaged only S$2,423 psf. At S$2,830 psf, the buyer was paying 16.8% more than the market norm.
This August transaction also marks the first time the development has crossed the S$2,800 psf threshold. It beats the previous high of S$2,710 set in March 2025, when a similar 1,410 sqft unit transacted for S$3.8 million.
Million-dollar gain in less than 5 years
On the seller’s end, this resale transaction in August means big game. They walked away with S$1,372 million in profit without having to wait for that long, only around four and a half years. The unit was originally purchased in November 2020 for S$2.618 million or S$1,857 psf.
On an annual basis, the gain worked out to more than S$290,000 per year. That level of appreciation is considered high, especially for a property held over such a short period. Timing, entry price, and demand for freehold homes in the East Coast all played a role in this outcome.
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Previous seller wasn’t as lucky
The picture looked quite different for the previous seller. In November 2020, the 3-bedroom unit was bought at S$1,857 psf. That price was close to the project’s average of S$1,812 psf. However, it was around 9.5% below the market average for freehold condos in Marine Parade at the time. Such property had been transacted at S$2,051 psf. That said, the 2020 buyer (now 2025 seller) clearly entered at the right moment.
The 2020 seller, however, did not enjoy the same fortune. Though they didn’t sell the unit at a loss, they only scored S$380,000 in profit after holding the property for nearly 10 years.
Their entry price back in March 2011 was S$2.238 million, or S$1,587 psf. That was already slightly higher than The Sea View’s average of S$1,507 psf at the time. Against the broader Marine Parade market, they also entered at a 10% premium, since freehold condos there averaged S$1,444 psf.
| Transaction Date | Selling Price (S$) | PSF (S$) |
| 15/08/25 | 3.990M | 2,830 |
| 25/11/20 | 2.618M | 1,857 |
| 18/03/11 | 2.238M | 1,587 |
The 2011 owner’s premium entry price limited their upside. Worse still, they exited in late 2020, right in the middle of the COVID-19 downturn. During that period, the property market slowed across Singapore. Buyers were more cautious, preferring affordable homes and holding back on big-ticket purchases.
Freehold luxury condos like The Sea View faced longer selling times and lower offers. This timing likely kept their resale price below the Marine Parade average, despite the project’s strong fundamentals.
Strong price growth since 2020
However, from 2020 onwards, The Sea View experienced a dramatic turnaround. Average prices at the project have surged by more than 45% in just five years. This constant upward price trajectory in the last five years stands out even when compared to the growth seen in the previous ten years. From 2010 to 2020, prices at The Sea View had only climbed by around 28%.
The projects’ performance highlights how demand for East Coast freehold homes, especially in Marine Parade, has strengthened. Factors like lifestyle appeal, transport upgrades, and the scarcity of large freehold condos played a big part in driving this rapid growth.
This steep rise has also turned The Sea View into one of the most profitable condo projects in District 15. Since 2020, the project has recorded more than 50 profitable transactions. Not a single resale in the last five years has resulted in a loss.
Profitable condo resale at The Sea View
In 2025 alone, four resale transactions have delivered million-dollar profits. The recent sale in August might be extraordinary for its short-term gain, but another 3-bedroom unit changed hands earlier in January 2025, setting the record for the project’s highest capital gain.
| Transaction Date | Unit | Selling Price (S$) | Profit (S$) | Years Held |
| 15/08/25 | 3BR | 3.990M | 1.372M | 4.6 |
| 21/03/25 | 1BR | 3.180M | 1.563M | 16.5 |
| 04/03/25 | 3BR | 3.822M | 1.602M | 8 |
| 23/01/25 | 3BR | 3.950M | 2.814M | 19.1 |
The January transaction involved a 3-bedroom unit of 1,517 sqft on the fifth floor. It was sold for S$3.950 million (S$2,604 psf), more than three times the original price. The unit had been purchased from the developer in May 2006 for just S$1.136 million. After 19 years, the seller secured a capital gain of S$2.814 million.
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The Sea View was completed in 2008. As its name suggests, this freehold condo on Amber Road offers views of the sea off East Coast from certain units. The development comprises six 22-storey blocks, with a total of 546 units. The residences include 1-, 3-, and 4-bedders. At the top end, The Sea View features spacious 4- and 5-bedroom penthouses. The project is located just a stone’s throw from East Coast Park, with Marine Parade MRT (700m) about a 9-minute walk away.
High-performing Marine Parade freehold condos
Besides The Sea View, August 2025 also saw a highly profitable transaction at another Marine Parade freehold project. Just about a kilometre away, Aalto along Meyer Road recorded a resale deal for S$4.182 million, or S$2,736 psf. This seller managed to secure a significant profit after holding the property for less than 5 years as well.
3-bedder at Aalto fetched S$1 million profit in 4 years
In early August, a 3-bedroom unit spanning 1,529 sqft on the 12th floor was sold at a S$1.062 million profit. The seller only held the property for around four years after purchasing it in June 2021 for S$3.12 million (S$2,041 psf). The resale deal works out to an annual return of more than S$255,000 per year.
This unit has changed hands multiple times. After the original buyer purchased it from the developer in 2007, the property has been resold three times. See the transaction history of the subject unit:
| Transaction Date | Selling Price (S$) | PSF (S$) | Type |
| 04/08/25 | 4.182M | 2,736 | Resale |
| 07/06/21 | 3.12M | 2,041 | Resale |
| 06/05/16 | 2.3M | 1,505 | Resale |
| 04/09/07 | 2.237M | 1,463 | New Sale |
As the table shows, the most recent seller achieved both the highest profit and the shortest holding period compared to the earlier owners who exited in 2016 and 2021. How did that happen? Let’s see the price trend for transacted units at Aalto in the past 10 years.
The upward trend at Aalto shows that rising prices for Marine Parade freehold condos are not limited to The Sea View. Over the past five years, Aalto’s average resale prices have risen by 27.3%.
This growth is faster than the previous five-year period, when prices climbed by 22%. With this momentum, Aalto’s price trajectory is expected to continue upward, especially as more resale transactions surface toward the end of 2025.
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Marine Parade freehold condo price trend
Looking at the broader Marine Parade market over the last five years, freehold condos as a whole only saw an increase of around 18%. In comparison, both Aalto and The Sea View outperformed the market significantly.
The data also shows that while Marine Parade’s average prices fluctuated, these two projects maintained a more consistent upward trend. In terms of current average psf, both Aalto and The Sea View now stand about 9% higher than the broader market.
Here’s the breakdown of price growth from 2020 to August 2025:
- Overall Marine Parade freehold market: 18.16% (currently at S$2,423 psf)
- Aalto: 27.34% (currently at S$2,598 psf)
- The Sea View: 45.51% (currently at S$2,636 psf)
If you’re an owner in these projects looking to cash out, note that your neighbours have made plenty. Your property value might be well above the market average right now.
High potential for future capital appreciation
So far, we’ve focused on the sellers. But what about the buyers? If one intends to enter the market, which Marine Parade condos should they look at?
Projects like Aalto and The Sea View may look attractive given their strong records, but they also trade above the market average. Buyers who want long-term capital appreciation often prefer projects that are still priced more affordably relative to the area.
One such project caught our attention recently. Among the profitable condo transactions in August 2025, a 3-bedroom unit of 1,604 sqft at The Seafront on Meyer was sold for S$4.168 million, or S$2,599 psf. The seller booked a S$968,000 profit after four years of holding. Just slightly below the million-dollar mark.
While the profit was smaller than deals at The Sea View or Aalto, The Seafront on Meyer remains interesting for another reason: its average price still sits slightly below the Marine Parade average. That said, it is one of the few affordable freehold projects in the area that offer high potential for capital appreciation.
The Seafront on Meyer price growth
In the last five years, The Seafront on Meyer’s prices have risen by 25.6%. That’s about 41% faster than Marine Parade’s overall growth of 18.2%. The project’s current average stands at S$2,409 psf, just below the Marine Parade average of S$2,423 psf.
Active listings on 99.co also suggest relatively affordable entry points. At the time of writing, a 2-bedroom unit of 1,410 sqft was listed starting from S$2,113 psf.
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From an investment perspective, entering without paying a premium often increases the chances of future appreciation. With The Seafront on Meyer outpacing the broader market and still priced below average, it is well-positioned for more profitable resales in the coming years.
So far in 2025, the project has already seen six profitable transactions. Gains ranged from S$500,000 to S$1.7 million, with holding periods of 4 to 17 years. There is no record of unprofitable transactions.
The Seafront on Meyer was completed in 2010 and consists of 327 units across three 24-storey towers. The development offers a mix of 2- to 4-bedroom layouts, ranging from 1,066 sqft to 2,605 sqft. It also includes six large 4-bedroom penthouses of 4,273 – 4,295 sqft. Conveniently, the condo sits just 290 metres (about a 4-minute walk) from Katong Park MRT station.
Wrapping up
Freehold projects such as The Sea View, Aalto, and even the relatively more affordable Seafront on Meyer show just how resilient demand has become along the East Coast. For investors eyeing Marine Parade, the real question is no longer about lifestyle appeal. It’s about whether current entry prices can still deliver meaningful upside.
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The latest resale transactions paint two distinct paths: premium projects like The Sea View and Aalto continue to generate million-dollar profits, though the buy-in is steep, while mid-tier options such as The Seafront on Meyer provide lower entry points with room for respectable gains. Going forward, success here may hinge less on location alone and more on timing, project selection, and the ability to balance entry costs against long-term growth potential.
On the new launch front, Marine Parade has also seen renewed activity. Meyer Blue, a freehold project launched in late 2024, has already sold about 70% of its units, with transactions averaging S$3,159 psf as of August 2025. While this is significantly higher than resale prices of older condos, new projects provide a different kind of value. The strong take-up — nearly half the units were sold during its first launch weekend despite being priced above S$3,000 psf — underlines how enduring demand for freehold homes in Marine Parade continues to shape the market.
Enjoying this in-depth analysis? 99.co Condo Cash or Crash covers monthly notable transactions in Singapore’s private property market.
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