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

The valuation of the HDB 4-room unit located in Marine Parade, with a remaining lease of 47 years, stands at an estimated value of $395,652, translating to a price per square foot (PSF) of $449. This valuation is notably positioned above the market average, exhibiting a substantial differential of 51.6% from the baseline, which indicates a strong demand for properties in this particular locale despite a relatively shorter remaining lease compared to typical market standards.

It is important to acknowledge that the model confidence for this valuation is categorized as low, which suggests potential volatility in pricing influenced by fluctuating market conditions. The analysis is based on seven recent HDB resale transactions within the vicinity, which may reflect both localized demand dynamics and broader market sentiment. Investors and potential buyers should weigh these considerations carefully, as the unique attributes of Marine Parade, including its proximity to amenities and lifestyle offerings, continue to drive interest in HDB properties even with diminishing lease tenures.