3 Room (3I) HDB for Rent in 59 Marine Terrace

The valuation of the HDB 3 Room unit in Marine Parade reflects a calculated estimate of $324,238, translating to a price per square foot (PSF) of $463. This valuation is firmly positioned at the baseline market price, indicating a stable demand for HDB properties within this sought-after locale. With a remaining lease of 48 years, this property presents a unique opportunity for potential buyers, especially considering the attractive amenities and vibrant community that Marine Parade offers.

Our analysis is supported by a comprehensive review of 10 recent HDB resale transactions in the vicinity, which have contributed to our medium confidence level regarding this valuation. The consistent market signals suggest a balanced dynamic, where buyer interest remains robust despite the property’s lease tenure. As the Marine Parade area continues to evolve, the HDB market dynamics are anticipated to remain favorable, underscoring the importance of location and community attributes in influencing property value.