3 Room (3I) HDB for Rent in 33 Marine Crescent

The valuation of the 3-room HDB unit located in the prestigious Marine Parade area, with a remaining lease of 48 years, stands at an estimated value of $367,247, translating to a price per square foot (PSF) of $449. This valuation reflects the current market dynamics, where the property is positioned at a 0% difference from the established baseline. The stability in pricing indicates a balanced demand and supply scenario within this sought-after locale, which is characterized by its proximity to amenities, quality schools, and vibrant community life.

With a model confidence rating of medium, this valuation is supported by a comprehensive analysis of 11 recent HDB resale transactions in the vicinity. The data suggests a consistent market performance, reinforcing the desirability of Marine Parade as a residential choice. Given its advantageous lease duration, prospective buyers can expect not only a comfortable living environment but also potential appreciation in property value, provided the overall market conditions remain favorable. Investors and homeowners alike should consider the implications of lease duration on long-term investment strategies, as it plays a crucial role in the future resale potential of the property.