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

In the prestigious Marine Parade locale, the valuation of a 4-room HDB unit with a remaining lease of 50 years has been assessed at approximately $476,555, translating to a price per square foot of $540. This valuation reflects a market price that is consistent with the baseline, indicating a neutral market signal where demand appears to align closely with current supply levels. The stability in pricing suggests that while the area remains desirable, the extended lease period may introduce considerations for potential buyers regarding future resale value and investment longevity.

It is essential to note that the model confidence for this valuation is classified as low, which underscores the variability and uncertainty that can arise in the HDB market, particularly in a dynamic environment like Marine Parade. This valuation is supported by three recent resale transactions in the vicinity, providing a foundational basis for the estimated value. However, prospective buyers should carefully evaluate the implications of the remaining lease term and monitor market trends, as shifts in buyer sentiment or economic conditions could impact future valuations in this sought-after neighborhood.