4 Room (4I) HDB for Rent in 75 Marine Drive

The valuation of the 4-room HDB unit in Marine Parade, estimated at $482,216 or $546 PSF, reflects a stable yet competitive market landscape. With a remaining lease of 50 years, this property sits in a well-established residential precinct, known for its proximity to amenities and vibrant community life. The 0% difference from baseline market price signals a balanced demand-supply equilibrium, indicative of a mature market where property values are aligning closely with historical averages.

Analysis of 12 recent HDB resale transactions in the vicinity reinforces the robustness of this valuation. The medium model confidence suggests that while the data is reliable, variations in buyer sentiment and market conditions may influence future pricing. It is essential for prospective buyers to consider the implications of the remaining lease term, as properties with shorter leases could experience depreciation in value as they approach the end of their lease periods. Overall, this HDB unit in Marine Parade represents a sound investment opportunity within a desirable locale, appealing to both homebuyers and investors alike.