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

The valuation of the 4-room HDB flat located in the prestigious Marine Parade area reflects a significant market signal, with an estimated value of $395,652 translating to $449 PSF. This valuation is positioned 51.6% above the market baseline, indicating a robust demand for properties in this desirable locale, despite the remaining lease of only 47 years. Such a premium valuation suggests that buyers are willing to invest considerably more, driven by the sought-after amenities and lifestyle offerings that Marine Parade has to provide.

However, it is important to note that the model confidence is low, which implies that there could be variability in the predicted valuation based on the limited data set of only 7 recent HDB resale transactions in the vicinity. This low confidence level may also reflect fluctuations in buyer sentiment and market conditions, which can significantly impact the resale market for HDB flats, particularly those with shorter remaining leases. Investors and potential buyers should therefore exercise caution and consider the broader market dynamics at play when evaluating this property.