4 Room (4NG) HDB for Rent in 76 Marine Drive

The valuation of the HDB 4-room unit in Marine Parade, estimated at $476,555 with a price per square foot of $540, reflects a nuanced understanding of the current market dynamics within this prestigious precinct. Notably, the property carries a remaining lease of 50 years, which is a significant factor influencing its valuation. With the market price showing a 0% difference from the baseline, it indicates a stable demand and supply equilibrium in this sought-after area, although the low model confidence suggests caution in interpreting this valuation.

Analysis of three recent HDB resale transactions in the vicinity reveals a consistent trend, which underscores the area's resilience amidst broader market fluctuations. The relatively low confidence level implies that while the data derived from these transactions provides a foundational understanding, external factors—such as shifts in buyer sentiment and macroeconomic conditions—could substantially influence future valuations. As such, investors and homeowners alike should remain vigilant, considering both the remaining lease period and the dynamic market signals that characterize the Marine Parade locality.