3 Room (3I) HDB for Sale in 31 Marine Crescent

HELIOS AI Analysis

<p>The valuation of the HDB 3-room property located in Marine Parade, with a remaining lease of 47 years, stands at an estimated value of <strong>$356,111</strong>, translating to approximately <strong>$435 PSF</strong>. This valuation is notably positioned above the market baseline, reflecting a striking <strong>96.6% difference</strong>. Such a premium suggests a robust demand in the Marine Parade area, a locale renowned for its strategic proximity to amenities and recreational facilities, enhancing its desirability among homebuyers.</p> <p>With a model confidence rating classified as <strong>high</strong>, this assessment is supported by an analysis of <strong>162 recent HDB resale transactions</strong> within the vicinity. The substantial premium attributed to this property indicates a market dynamic where buyers are willing to invest significantly above the average transaction prices. Factors contributing to this trend likely include the area's unique blend of residential comfort and urban accessibility, coupled with a limited supply of comparable properties. As the remaining lease diminishes, it is essential for potential buyers to consider both the longevity of leasehold tenure and the long-term value retention in this vibrant district.</p>