4 Room (4I) HDB for Sale in 61 Marine Drive

The valuation of the HDB 4 Room property in Marine Parade, with a remaining lease of 49 years, reflects a notable market signal indicating an above-market positioning at an estimated value of $464,743, equating to $497 per square foot. This valuation presents a striking 48.5% difference from the established baseline, suggesting a premium placed on this particular unit. Such a significant divergence may be indicative of unique property attributes, desirable location, or potential buyer sentiment that propels this unit beyond typical market expectations.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily derived from the analysis of only four recent HDB resale transactions in the vicinity. This limited data set highlights potential volatility in market conditions and reinforces the importance of thorough due diligence when considering the purchase of properties in this area. Buyers and investors should remain cognizant of the implications of the remaining lease term on future resale prospects and the broader market dynamics that could influence property values in Marine Parade.