3 Room (3I) HDB for Sale in 33 Marine Crescent

This valuation report presents an analytical overview of a 3-room HDB unit located in the prestigious Marine Parade area, with a remaining lease of 47 years. The estimated value stands at $307,283, translating to $440 PSF. Notably, this valuation is positioned above the market baseline by 41.6%, indicating a significant premium for this property within its category. This elevated valuation reflects the desirability of the Marine Parade locale, known for its vibrant community and proximity to essential amenities, which continue to attract both buyers and investors alike.

Market signals indicate a robust demand in this district, supported by recent transaction data derived from 11 comparable HDB resale cases in the vicinity. While the model confidence is rated as medium, the upward pressure on prices can be attributed to various factors, including the area’s strategic location, limited supply of HDB properties with longer leases, and the overall trend of increasing property values in Singapore. As the landscape of residential real estate continues to evolve, this HDB unit represents not only a home but also a potential investment opportunity in a highly sought-after district.