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

The valuation of the HDB 3-room unit located in the prestigious Marine Parade area is set at an estimated value of $367,247, translating to a price per square foot (PSF) of $449. With a remaining lease of 48 years, this property sits within a desirable neighborhood known for its vibrant community and proximity to essential amenities. The valuation reflects a market price that is in equilibrium, showing a 0% difference from the baseline, indicating stability in the current real estate landscape.

Analysis of recent market trends reveals a medium confidence level based on 11 comparable HDB resale transactions in the vicinity. This suggests a consistent demand for properties in Marine Parade, despite the diminishing lease period. Buyers are often drawn to the location's unique blend of urban living and access to nature, as well as its established infrastructure. As such, the current valuation serves as a reliable indicator of the property's market position, while also highlighting the importance of lease duration in shaping buyer sentiment and long-term investment potential.