4 Room (4I) HDB for Sale in 20 Marine Terrace

The valuation of the HDB 4 Room unit in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $358,541, translating to a price per square foot (PSF) of $379. This valuation reflects a significant market signal, indicating an above-market position at 92.4% difference from the baseline. Such a premium suggests that this particular unit is being valued substantially higher than comparable properties in the area, which may be attributed to the desirable location and the amenities available in Marine Parade.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set available—only one recent HDB resale transaction in the vicinity was considered. This scarcity of transactional data may contribute to the potential volatility in market value, especially given the property’s remaining lease. As the lease approaches its latter stages, prospective buyers may exhibit varying sensitivity to the remaining lease term, impacting future resale potential. Investors and potential homeowners should weigh these factors carefully against the current market dynamics before making a decision.