4 Room (4I) HDB for Sale in 17 Marine Terrace

The valuation of this 4-room HDB property in Marine Parade, currently estimated at $396,100 (or $449 PSF), reflects a significant premium above the market baseline, showcasing a remarkable 41.4% differential. This elevated market signal suggests a robust demand for properties in this prestigious locale, which is characterized by its proximity to the coastline and vibrant community amenities. The remaining lease of 47 years is a critical factor in assessing the long-term value, as potential buyers may weigh the implications of lease tenure against the attractiveness of the location.

However, the model confidence in this valuation is categorized as low, which indicates that while the transactional data from 7 recent HDB resale transactions in the vicinity provides a valuable reference point, there may be underlying market dynamics that could influence future valuations. Factors such as shifts in buyer sentiment, economic conditions, and government policy changes regarding HDB leases will play pivotal roles in determining the sustainability of this premium. In this context, potential investors and homeowners are advised to conduct thorough due diligence and consider both the benefits and risks associated with purchasing in a highly sought-after area like Marine Parade.