3 Room (3I) HDB for Rent in 65 Marine Drive

HELIOS AI Analysis

<p>The valuation of the HDB 3-room property in Marine Parade, estimated at $317,708 with a price per square foot (PSF) of $454, reflects the current market dynamics in this sought-after district. With a remaining lease of 49 years, this unit presents a unique opportunity for buyers who are looking to invest in a location characterized by its proximity to amenities and vibrant community life. The valuation is firmly anchored with a market signal indicating a 0% difference from the baseline, which suggests that the property is competitively priced against recent transactions in the area.</p> <p>Our analysis is supported by a robust dataset, comprising 162 recent HDB resale transactions within the vicinity, lending high confidence to this valuation. The stable pricing reflects a balanced demand and supply scenario, particularly noteworthy given the decreasing lease tenure. Buyers should consider the long-term implications of the remaining lease, as properties with shorter leases may encounter challenges in future resale value. Overall, this valuation underscores the appeal of Marine Parade as a prime residential enclave, making it a sound investment opportunity for discerning homeowners and investors alike.</p>