3 Room (3I) HDB for Sale in 34 Marine Crescent

The valuation of the HDB 3-room unit in Marine Parade, with a remaining lease of 47 years, stands at an estimated value of $276,443, translating to a price per square foot (PSF) of $435. This valuation not only reflects the intrinsic value of the property but also indicates a significant market signal, as it is positioned 53.7% above the baseline. Such a premium suggests strong demand dynamics within the Marine Parade district, which is known for its strategic location and vibrant community atmosphere.

Considering the analysis is founded on 162 recent HDB resale transactions in the vicinity, the model confidence is classified as high, reinforcing the reliability of this valuation. The elevated price point can be attributed to several factors, including the area's desirability, proximity to amenities, and the overall market sentiment favoring properties with longer remaining leases. Investors and homeowners alike should be aware of these market dynamics, as they play a crucial role in the valuation trajectory of HDB properties in this region.