D04 landed Terrace House

Ocean 8 landed prices

This page tracks 8 landed rentals and 1 landed sales for Ocean 8. The median sale price is $6,920,000, with median sale PSF at $1,796 psf. Median rent is $17,000 per month.

Transactions 9 8 rentals + 1 sales
Median sale $6.9M $1,796 psf
Median rent $17,000 99-year leasehold from 2005
Latest records Jul 2025 Terrace House

Ocean 8 market read

This page tracks 8 landed rentals and 1 landed sales for Ocean 8. The median sale price is $6,920,000, with median sale PSF at $1,796 psf. Median rent is $17,000 per month.

Same-type sale PSF

Ocean 8 has a median of $1,796 psf, 3.8% lower than D04 terrace houses at $1,866 psf.

Sale price check

Median sale is $6.9M, 57% lower than the D04 terrace houses median of $16.0M.

Rent check

Median rent is $17,000, 42% lower than the same-type district median of $29,250.

Depth check

The sample is thin, which is normal for landed homes. Treat the median as directional and use nearby comparisons.

Tenure context

99-year leasehold from 2005 matters most for sale comparisons. Compare against nearby landed areas with similar tenure where possible.

Landed type mix

Compare like-for-like before judging a landed asking price.

Terrace House 9 transactions 8 rentals + 1 sales Primary landed type

Recent sales

Latest landed sales for this named area.

OCEAN DRIVE Oct 2021 · Terrace House $6,920,000 · $1,796 psf 3,852 sqft

Recent rentals

Latest landed rentals for this named area.

OCEAN DRIVE Jul 2025 · Terrace House $17,000 per month 3,000 to 3,500
OCEAN DRIVE Nov 2024 · Terrace House $15,000 per month 2,000 to 2,500
OCEAN DRIVE Sept 2024 · Terrace House $16,000 per month 2,000 to 2,500
OCEAN DRIVE Aug 2023 · Terrace House $19,400 per month 3,000 to 3,500
OCEAN DRIVE Jul 2023 · Terrace House $20,500 per month 3,000 to 3,500
OCEAN DRIVE Jun 2023 · Terrace House $22,000 per month 2,000 to 2,500
OCEAN DRIVE Nov 2022 · Terrace House $17,000 per month 2,500 to 3,000
OCEAN DRIVE Aug 2021 · Terrace House $15,000 per month 3,500 to 4,000

Similar landed areas

Use nearby landed-only areas as the next comparison layer.

Ocean 8 landed FAQ

Quick checks before using landed transaction data for pricing decisions.

Why are landed transaction counts lower than condo counts?

Landed homes trade less often and many are owner-occupied. A low count is normal, but it means nearby comps matter more.

Should I use the median sale price or PSF?

Use both. Total price reflects the deal size, while PSF helps compare against nearby landed homes with different land and built-up areas.

Can rent data value a landed home?

Rent helps with yield and tenant demand, but landed sale value still depends heavily on land, tenure, frontage, rebuild potential and condition.