4 Room (4I) HDB for Rent in 74 Marine Drive

The valuation of the 4-room HDB property located in Marine Parade reflects both the current market dynamics and the unique aspects of its remaining lease. With an estimated value of $465,632 or $523 PSF, this property is positioned at the baseline market price, indicating a stable yet cautious market sentiment in the region. The 50-year remaining lease presents a critical factor in the valuation, as it influences buyer perceptions and investment decisions, particularly in an area known for its proximity to amenities and desirable lifestyle offerings.

Despite the lack of upward momentum in pricing—reflected by a 0% difference from the baseline—the model confidence for this valuation remains low, largely due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may imply a lack of market activity or shifts in demand, which can further complicate the interpretation of market signals. Investors and potential homeowners should exercise due diligence, considering the implications of the remaining lease and local market trends before proceeding with any transactions in this esteemed district.