3 Room (3I) HDB for Rent in 8 Marine Terrace

The valuation of the HDB 3 Room unit in Marine Parade reflects a calculated estimate of $363,166, translating to a price per square foot of $445. With a remaining lease of 48 years, this property sits within a well-established residential enclave, known for its vibrant community and proximity to essential amenities. The valuation indicates a market price that is consistent with the baseline, suggesting a stable demand in the area, particularly for HDB units that retain a significant portion of their leasehold tenure.

The analysis draws from a robust dataset of 163 recent HDB resale transactions in the vicinity, providing a high model confidence level. The stability in market pricing, indicated by the 0% difference from the baseline, suggests that the Marine Parade area continues to attract interest from buyers, likely due to its strategic location and the desirability of HDB living. As the lease period diminishes, potential buyers may become increasingly discerning, emphasizing the importance of market dynamics and leasehold considerations in shaping future valuations. Overall, this property remains a compelling opportunity for both investors and homeowners looking to secure a foothold in a sought-after locale.