4 Room (4I) HDB for Sale in 20 Marine Terrace

The valuation of the HDB 4 Room unit in Marine Parade, with a remaining lease of 47 years, indicates a noteworthy market position with an estimated value of $431,699, translating to a price per square foot (PSF) of $456. This valuation not only reflects the intrinsic value of the property but also its strategic location within a vibrant and well-connected district in Singapore. The significant market signal, showing a 59.4% uplift from the baseline, positions this property above the prevailing market rates, suggesting robust demand and a competitive market landscape.

With a model confidence rating of high, this assessment is reinforced by the analysis of 71 recent HDB resale transactions in the vicinity, which provide a comprehensive understanding of current market dynamics. The Marine Parade area is renowned for its desirable amenities and proximity to the coastline, making it an attractive choice for both homeowners and investors. As such, the remaining lease of 47 years is a critical factor that potential buyers should consider, as it impacts not only the long-term value but also the resale potential. In conclusion, the strong market signal coupled with the solid demand in this locality underscores the premium nature of this HDB unit, making it a compelling opportunity within the Singapore real estate landscape.