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

The valuation of the HDB 3-room unit located in the prestigious Marine Parade area reflects a calculated estimate of $317,276, translating to a price per square foot (PSF) of $453. With a remaining lease of 48 years, this property not only offers substantial living space but also benefits from the vibrant community and amenities that Marine Parade is renowned for. The current valuation indicates a market price that is 0% different from the baseline, suggesting a stabilizing trend in the local HDB market.

Analyzing the recent transactions, which encompass 14 resale properties in close proximity, provides a robust foundation for this valuation. The medium model confidence reflects a balanced perspective on the market dynamics, suggesting that while fluctuations may occur, the Marine Parade area remains a sought-after location for homebuyers and investors alike. As the remaining lease diminishes, prospective buyers are likely to weigh the implications of leasehold duration against the inherent value of residing in such a desirable locale.