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

The valuation of the HDB 4-room unit in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $458,011, translating to a price per square foot (PSF) of $519. This figure reflects a market price that shows no deviation from the established baseline, indicating a stable valuation amidst the current economic climate. The property’s location in the desirable Marine Parade district, known for its proximity to amenities and coastal access, contributes positively to its valuation, yet the low confidence rating suggests potential volatility in the market dynamics.

Analysis of three recent HDB resale transactions in the vicinity further supports this valuation, albeit with caution due to the low model confidence. Such a rating might indicate a lack of sufficient comparable data or fluctuations in buyer sentiment that could impact future sales. As the remaining lease diminishes, we may observe shifts in buyer perception and value, particularly as properties approach the critical 30-year mark. Investors and stakeholders should consider these factors carefully when engaging with this segment of the market, balancing the allure of Marine Parade’s lifestyle offerings with the implications of the lease duration on long-term investment viability.