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

The valuation of the HDB 3 Room unit in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $310,779, translating to a price per square foot of $445. This valuation reflects a stable market position, as evidenced by the market price showing no deviation from the baseline. Such stability indicates a balanced demand and supply dynamic within the Marine Parade precinct, which is renowned for its strategic location and vibrant community amenities.

The model confidence in this valuation is high, based on a substantial dataset of 162 recent HDB resale transactions in the vicinity. This robust analytical framework underscores the reliability of the estimated value, suggesting that the current market conditions are conducive for potential buyers and investors. With the remaining lease of 48 years, the property maintains a favorable standing in the market, appealing to both owner-occupiers and investors who recognize the long-term potential of the Marine Parade area.