4 Room (4I) HDB for Rent in 75 Marine Drive

The HDB 4 Room property located in Marine Parade, with a remaining lease of 50 years, is currently valued at approximately $482,216, translating to a price per square foot (PSF) of $546. This valuation reflects a stable market position, with the estimated value showcasing a 0% difference from the baseline market price. Such equilibrium indicates a balanced demand and supply scenario in this highly sought-after residential enclave, which is known for its proximity to essential amenities and vibrant community living.

Our analysis is grounded in a thorough examination of 12 recent HDB resale transactions in the vicinity, providing a robust comparative framework that enhances the credibility of this valuation. With a medium model confidence rating, it is imperative to consider the implications of the remaining lease on market dynamics. Properties with shorter leases tend to experience more significant valuation fluctuations, particularly as they approach the tail end of their lease periods. However, the current resilience in pricing within Marine Parade suggests that buyers are willing to pay a premium for the unique lifestyle offerings in this area, despite the diminishing lease term.