3 Room (3I) HDB for Sale in 6 Marine Terrace

The valuation of the HDB 3-room unit in Marine Parade, with a remaining lease of 47 years, is estimated at $304,253, translating to a price per square foot (PSF) of $435. This valuation is notably above the market baseline, indicating a significant premium of 64.3%. Such a divergence from the baseline value suggests that the property is positioned within a highly desirable market segment, driven by various factors unique to the Marine Parade area.

The elevated valuation reflects the strong demand for HDB properties in this locale, which has been underscored by a robust model confidence score categorized as High. The analysis is bolstered by the examination of 169 recent HDB resale transactions in the vicinity, providing a solid empirical foundation for this assessment. The strategic positioning of Marine Parade, coupled with its proximity to key amenities and transport links, continues to enhance its attractiveness, thereby contributing to the upward pressure on property values in this vibrant district.