5 Room (5A) HDB for Rent in 79 Marine Drive

The valuation of the 5-room HDB unit in Marine Parade, estimated at $676,785 ($524 PSF), reflects a stable market condition with a notable 0% difference from the baseline pricing. This consistency in valuation signifies a balanced equilibrium in the local property market, supported by robust demand and a limited supply of similar housing options in the highly desirable Marine Parade area. The analysis is reinforced by data from 71 recent HDB resale transactions in the vicinity, indicating a high model confidence level.

With a remaining lease of 50 years, this property presents a strategic investment opportunity. The longevity of the lease is particularly appealing to families and investors alike, as it allows for sustained occupancy and potential appreciation over time. Marine Parade's reputation as a vibrant residential locale, coupled with its proximity to amenities and transport links, further underscores the unit's value proposition in the HDB market. This valuation serves as a critical benchmark for discerning investors looking to capitalize on the enduring appeal of one of Singapore's most sought-after districts.