3 Room (3I) HDB for Rent in 59 Marine Terrace

The valuation of the HDB 3-room unit located in the prestigious Marine Parade area reflects a meticulous analysis grounded in robust market data. With a remaining lease of 48 years, this property is currently estimated at $224,187, translating to a price per square foot (PSF) of $463. This valuation is particularly noteworthy as it registers a market price that exhibits a 0% difference from the baseline, indicating a stable valuation consistent with prevailing market trends.

Our analysis is supported by a comprehensive review of 20 recent HDB resale transactions in the vicinity, which serves to bolster the reliability of this assessment. The high model confidence underscores the resilience of the Marine Parade market, where demand for HDB properties remains strong despite the diminishing lease period. This dynamic illustrates the ongoing appeal of the locality, characterized by its proximity to amenities and established community infrastructure, which consistently draws interest from prospective buyers, ensuring that properties in this region maintain their value effectively over time.