5 Room (5I) HDB for Rent in 78 Marine Drive

The valuation of the 5-room HDB unit in Marine Parade, currently estimated at $687,785 (equivalent to $524 PSF), reflects the stability and resilience of the local real estate market. With a remaining lease of 50 years, this property occupies a unique position in a highly sought-after district known for its strategic location and vibrant community amenities. The valuation signifies a market price that is 0% different from the baseline, indicating a balanced demand and supply scenario in the region.

Our analysis is supported by a robust dataset of 71 recent HDB resale transactions within the vicinity, which enhances the credibility of this valuation. The high model confidence further reinforces the soundness of our assessment, suggesting that buyers can expect a reliable investment in this property, especially given the enduring appeal of Marine Parade. As the market continues to evolve, properties with substantial remaining leases such as this one are likely to remain attractive to both homeowners and investors alike, underscoring the significance of lease tenure in the HDB landscape.