3-Room HDB for Room Rent: 59 Marine Terrace

The valuation of the HDB 3-room property in Marine Parade reflects a meticulous analysis of the current market conditions, emphasizing its remaining lease of 47 years. With an estimated value of $65,316, translating to $435 per square foot, this property stands as a competitive offering within the vibrant landscape of Marine Parade. The valuation is grounded in the assessment of 164 recent HDB resale transactions in the vicinity, providing a robust data-driven framework that enhances the reliability of this valuation.

Market signals indicate that the property is aligned with the baseline price, showcasing a 0% difference, which suggests a stable market environment for HDB resale properties in this sought-after locale. The high confidence level of this model underscores the strength of the underlying data and trends, indicating that the property's pricing is reflective of the current demand and supply dynamics. As the Marine Parade area continues to attract interest due to its strategic location and amenities, this valuation not only signifies the current market sentiment but also positions the property as a compelling option for prospective buyers seeking long-term value in a well-established neighborhood.