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

The valuation of the HDB 3-room unit located in the prestigious Marine Parade district reveals an estimated value of $324,238, translating to a price per square foot of $463. With a remaining lease of 48 years, this property sits within a well-established residential enclave known for its proximity to key amenities and vibrant community life. The valuation reflects a market signal indicating a 0% difference from baseline, suggesting a stable price environment with no significant upward or downward pressure on valuations in the immediate vicinity.

This analysis is based on a comprehensive review of 10 recent HDB resale transactions within the Marine Parade area, providing a robust dataset for assessing market trends. The medium confidence level of the model underscores the necessity for ongoing monitoring of market dynamics, particularly in relation to lease tenure and buyer sentiment. As the remaining lease diminishes, it will be crucial to observe how this impacts future valuations, especially given the competitive landscape of HDB properties in Singapore's urban core.