4 Room (4I) HDB for Sale in 19 Marine Terrace

The valuation of the HDB 4-room unit in Marine Parade, with a remaining lease of 47 years, stands at an estimated value of $393,808, translating to a price per square foot (PSF) of $416. This valuation reflects a significant market signal, being approximately 52.4% above the baseline, which could indicate a premium being placed on the property due to its strategic location, proximity to amenities, and the desirability of the Marine Parade district.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting potential volatility and uncertainty in the current market conditions. The analysis is based on three recent HDB resale transactions in the vicinity, which may not fully capture broader market trends or external economic factors influencing buyer sentiment. As such, potential investors and homeowners should exercise caution and conduct further due diligence when considering this property, particularly given the implications of the remaining lease on future resale value and marketability.