4 Room (4I) HDB for Sale in 17 Marine Terrace

The valuation of the HDB 4 Room property in Marine Parade is estimated at $402,069, translating to a price per square foot (PSF) of $456. This valuation is notably above the market baseline, exhibiting a significant 68.6% difference. Such a premium positioning suggests a strong demand in the Marine Parade area, driven by its appealing location and community amenities. This property benefits from a remaining lease of 47 years, which provides a robust investment outlook, particularly for buyers seeking long-term residency in a well-established neighborhood.

With a high model confidence level based on 71 recent HDB resale transactions in the vicinity, this valuation reflects an in-depth analysis of current market trends and buyer sentiment. The demand for HDB units in Marine Parade remains resilient, supported by its proximity to key amenities and transport links. The elevated valuation not only underscores the desirability of this property type but also highlights the broader market dynamics where premium locations continue to command above-average prices, even in the context of diminishing lease terms. Buyers should recognize the potential for appreciation in value, making this property a strategic addition to their investment portfolio.