3 Room (3I) HDB for Rent in 57 Marine Terrace

The valuation of the HDB 3-room property located in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $378,222, translating to $462 per square foot. This valuation reflects a stable market price, exhibiting a 0% difference from the baseline. Such stability indicates a balanced demand and supply dynamic in the Marine Parade vicinity, where recent HDB resale transactions have provided crucial insights into market trends and buyer sentiment.

Despite the consistent market value, it is important to note that the model confidence for this valuation is categorized as low. This suggests potential fluctuations in buyer interest or external market pressures that may not be fully captured within the recent transaction data. The valuation is derived from an analysis of five recent HDB resale transactions in the area, which collectively highlight the competitive landscape and the enduring appeal of Marine Parade as a sought-after residential locale.