3 Room (3I) HDB for Sale in 66 Marine Drive

In the vibrant district of Marine Parade, the valuation of the 3-room HDB flat reflects an intriguing intersection of lease longevity and market dynamics. With a remaining lease of 48 years, the estimated value of $317,251 equates to a notable $454 per square foot. This valuation is positioned significantly above the market baseline, indicating a 57.6% premium, suggesting robust demand for HDB units in this desirable locale.

The elevated price point can be attributed to several factors, including the flat's strategic location within a well-established neighborhood that offers residents access to essential amenities and a vibrant community atmosphere. The model confidence rating of medium, drawn from an analysis of 14 recent HDB resale transactions in the vicinity, suggests a degree of variability in the local market. Nevertheless, the data supports a positive outlook for property values in Marine Parade, reinforcing the area's appeal among prospective buyers seeking both a home and a solid investment opportunity.