4 Room (4I) HDB for Sale in 45 Marine Crescent

The valuation of the 4-room HDB unit in Marine Parade, estimated at $442,093 or $467 PSF, signals a robust market presence, particularly given its remaining lease of 48 years. This valuation is notably positioned 42.5% above the baseline, indicating a strong demand trajectory within the area. Such a premium can be attributed to several factors, including the prime location of Marine Parade, which is renowned for its proximity to coastal amenities, established educational institutions, and efficient public transport links. The desirability of this locale significantly contributes to the elevated price point, reflecting a competitive market landscape.

The model confidence for this valuation is categorized as high, reinforcing the reliability of the assessment derived from a thorough analysis of 72 recent HDB resale transactions in the vicinity. This robust dataset provides a comprehensive understanding of buyer sentiment and market dynamics, thereby establishing a solid foundation for the valuation. As the market continues to evolve, the remaining lease of 48 years remains a vital consideration, influencing both buyer perceptions and future resale potential. The interplay of location desirability, lease duration, and current market conditions positions this property as a noteworthy investment opportunity within the HDB landscape of Singapore.