4 Room (4STD) HDB for Sale in 62 Marine Drive

HELIOS AI Analysis

<p>In the prestigious Marine Parade district, the valuation of a 4-room HDB unit is set at an estimated value of <strong>$418,545</strong>, translating to a significant <strong>$474 per square foot (PSF)</strong>. This valuation places the property notably above the market baseline, reflecting a remarkable <strong>64.4% differential</strong>. Such a premium indicates a robust demand for residential properties in this highly sought-after locale, underscoring the desirability of Marine Parade as a vibrant community with excellent amenities and connectivity.</p> <p>The remaining lease of <strong>49 years</strong> on this HDB unit is a critical factor influencing its valuation. While properties with shorter leases often face depreciation, the Marine Parade area exhibits resilience, driven by its strategic location and ongoing urban developments. The model confidence in this valuation is categorized as <strong>high</strong>, supported by an analysis of <strong>70 recent HDB resale transactions</strong> in the vicinity. This data reinforces the notion that despite the lease duration, the property maintains its appeal and remains a lucrative investment opportunity in the current market landscape.</p>