4 Room (4I) HDB for Rent in 76 Marine Drive

The valuation of the HDB 4-room unit in Marine Parade, estimated at $458,011 or $519 per square foot, reflects a market equilibrium with a 0% difference from the baseline. This valuation is derived from an analysis of three recent HDB resale transactions in the vicinity, indicating a stable market sentiment within this prime residential area. With a remaining lease of 48 years, potential buyers should consider the implications of lease duration on long-term investment value, particularly in a market that increasingly favors properties with longer lease tenures.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting variability in the market dynamics affecting these transactions. Factors such as economic fluctuations, shifts in buyer preferences, and the overall vibrancy of the Marine Parade locale can significantly influence future resale potential. As such, while the current valuation reflects stability, prospective investors should remain vigilant and consider a broader view of market trends and demographic shifts that may impact property values in this sought-after district.