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

In analyzing the valuation of the 3-room HDB unit located in the prestigious Marine Parade area, we observe a compelling estimated value of $371,002, translating to a notable $454 PSF. With a remaining lease of 47 years, this property stands as a prime asset within a highly sought-after locale, characterized by its proximity to essential amenities and vibrant community life. The property’s valuation indicates a significant market signal, assessed at 64.4% above the baseline, suggesting robust demand and buyer enthusiasm in the current market landscape.

The valuation is grounded in empirical data derived from 10 recent HDB resale transactions within the vicinity, providing a reliable framework for our assessment. While the model confidence is classified as medium, the clear upward trend in pricing reflects strong market dynamics, underscored by the limited supply of properties in Marine Parade. This area’s unique appeal, coupled with the property’s remaining lease, positions it favorably for potential capital appreciation, making it an attractive consideration for discerning investors and homebuyers alike.