3-Room HDB for Room Rent: 33 Marine Crescent

The valuation of the HDB 3 Room unit in Marine Parade, with a remaining lease of 47 years, is estimated at $112,572 or $450 PSF. This valuation reflects a market price with a 0% difference from the baseline, indicating a stable pricing environment in the area. The data is derived from an analysis of 9 recent HDB resale transactions in the vicinity, providing a reliable benchmark for assessing property values in this sought-after district.

Marine Parade continues to exhibit strong demand for HDB properties, supported by its strategic location and the appeal of its community amenities. The remaining lease of 47 years is a significant consideration for potential buyers, as it influences both financing options and future resale potential. The medium model confidence suggests a balanced outlook; while current market conditions are stable, prospective investors should remain vigilant of broader economic trends and policy changes that could affect the HDB resale market dynamics in the future.