3 Room (3I) HDB for Rent in 7 Marine Terrace

The recent valuation of the HDB 3-room unit in Marine Parade reflects a robust market environment, with an estimated value of $328,249, translating to $435 PSF. This valuation is particularly noteworthy given the property’s remaining lease of 47 years, which positions it within a critical juncture of market dynamics. The baseline market price indicates a 0% difference, suggesting that current valuations are closely aligned with the prevailing market conditions, and that the property is fairly priced in relation to recent transactions.

The model confidence in this valuation is classified as high, derived from a comprehensive analysis of 162 recent HDB resale transactions in the vicinity. This substantial data pool enhances the reliability of the valuation, reflecting the sentiments and trends observed in the Marine Parade area. The stability in market pricing, coupled with the relatively long remaining lease, positions this property as a competitive offering for potential buyers, aligning well with both investment and residential aspirations in one of Singapore's sought-after locales.