3-Room HDB for Room Rent: 5 Marine Terrace

The valuation of the HDB 3 Room property in Marine Parade, estimated at $42,417 or $424 per square foot, reflects the nuanced dynamics of the current housing market. With a remaining lease of 47 years, this property sits in a competitive segment where lease tenure significantly influences buyer sentiment and pricing strategy. The flat’s valuation aligns precisely with the market baseline, indicating a stable but cautious market response. This equilibrium suggests that prospective buyers are weighing their investment against the diminishing leasehold, which may warrant a deeper analysis of long-term appreciation potential.

Market signals derived from recent transactions in the vicinity further reinforce this valuation, yet the model confidence remains low, reflecting potential volatility and uncertainty in buyer behavior. Based on five recent HDB resale transactions, the data illustrates a lack of significant price fluctuation, which may suggest a saturated market environment where properties are trading at established values without notable premiums. For investors and homeowners alike, understanding these nuances is essential, particularly in a locale known for its desirable amenities and proximity to the city. As the landscape evolves, keeping a pulse on lease dynamics and market sentiment will be critical for informed decision-making.