4 Room (4I) HDB for Sale in 61 Marine Drive

The valuation of the HDB 4-room unit in Marine Parade, with a remaining lease of 49 years, stands at an estimated value of $446,061 or $477 PSF. This valuation reflects a significant premium, categorizing it as above market with a striking 54.7% difference from the baseline. Such a substantial deviation underscores the unique appeal of this location, which is characterized by its proximity to key amenities and a vibrant community, making it a desirable choice for both homeowners and investors alike.

Our analysis is supported by a robust dataset derived from 72 recent HDB resale transactions in the vicinity, allowing for a high model confidence rating. This high level of confidence indicates that the current market dynamics are favorably aligned for properties in Marine Parade, particularly those with a remaining lease of 49 years. The strong demand in this area is indicative of both a resilient market and a competitive atmosphere, ensuring that properties retain their value and appeal despite the diminishing lease term.