4-Room HDB for Room Rent: 45 Marine Crescent

In the competitive landscape of Singapore's real estate market, the valuation of this HDB 4 Room unit in Marine Parade stands at an estimated value of $44,174, translating to $442 PSF. With a remaining lease of 47 years, this property reflects the unique dynamics of the HDB market, particularly in a sought-after district like Marine Parade, which is renowned for its proximity to amenities and recreational spaces.

The current market signal indicates a neutral stance, as the estimated value shows a 0% difference from the baseline. This suggests that the property is priced in line with recent trends observed in the vicinity, supported by a comprehensive analysis of 9 recent HDB resale transactions. While the model confidence is categorized as medium, the valuation is reinforced by the consistent performance of comparable properties in the area, indicating stable demand despite the diminishing lease. Buyers and investors should consider the longevity of the lease and the inherent value of living in a vibrant community as critical factors in their decision-making process.