5-Room HDB for Room Rent: 2 Marine Terrace

HELIOS AI Analysis

<p>The valuation of the HDB 5-room unit located in the coveted Marine Parade area reflects a robust market equilibrium, with an estimated value of <strong>$55,316</strong> or <strong>$503 per square foot</strong>. With a remaining lease of <strong>48 years</strong>, this property is positioned within a vibrant district known for its accessibility and amenities, which enhances its appeal to potential buyers and investors alike. The model confidence in this valuation is categorized as <strong>high</strong>, underscoring the reliability of the data derived from <strong>71 recent HDB resale transactions</strong> in close proximity, providing a solid foundation for this assessment.</p> <p>The market signal indicates a <strong>0% difference from the baseline</strong>, suggesting that the current valuation is aligned with prevailing market trends without significant deviations. This stability in pricing is indicative of the sustained demand for HDB properties within Marine Parade, reflecting an attractive investment opportunity in an area characterized by its desirable urban living experience. As the landscape of Singapore's real estate continues to evolve, this property stands as a testament to the enduring value of well-located HDB units, particularly those with substantial remaining leases.</p>