3-Room HDB for Room Rent: 30 Marine Crescent

The valuation of the HDB 3 Room unit in Marine Parade, estimated at $88,921 with a price per square foot (PSF) of $445, reflects a stable market position, showing no deviation from baseline pricing. This consistent valuation suggests that the property remains competitive within the current market landscape, particularly given its remaining lease of 48 years. Such a lease duration is significant, as it positions the property favorably for potential buyers who value longevity and the potential for appreciation over time.

Market signals derived from 162 recent HDB resale transactions in the vicinity indicate a high level of confidence in this valuation model. The absence of any price fluctuation underscores the resilience of the Marine Parade area, which has long been regarded as a desirable location due to its strategic proximity to amenities and public transport. The robust demand for HDB properties in this region, coupled with a stable supply, creates a balanced market dynamic that is conducive to sustained property value retention.