3 Room (3I) HDB for Sale in 67 Marine Drive

In the esteemed Marine Parade locale, the valuation of a 3-room HDB unit reveals a remarkable estimated value of $311,224, translating to a robust $445 per square foot (PSF). With a remaining lease of 48 years, the property is positioned within a competitive market framework that demonstrates a significant appreciation above the baseline valuation by 92.1%. This premium positioning suggests a strong demand for HDB units in this highly sought-after area, largely driven by its proximity to vibrant amenities and established community infrastructure.

The model confidence in this valuation is categorized as high, bolstered by an analysis of 162 recent HDB resale transactions within the vicinity. This extensive dataset not only underscores the property’s market signal but also reflects a broader trend of increasing desirability for HDB homes in Marine Parade. Investors and potential homeowners should consider the implications of the remaining lease term in conjunction with the current market dynamics, as the combination of strategic location and high demand may yield substantial returns in the long term.