3 Room (3I) HDB for Sale in 47 Marine Crescent

In the current landscape of Singapore's real estate market, the valuation of this 3-room HDB unit in Marine Parade stands at an estimated value of $304,740 or $435 PSF. This valuation reflects a significant market signal, positioning the property 57.5% above the baseline price for similar units in the vicinity. The premium pricing can be attributed to several factors, including the desirable location within Marine Parade, which is renowned for its vibrant community and proximity to essential amenities and recreational spaces.

With a remaining lease of 47 years, the property still holds considerable value, particularly given its strategic location. Our analysis, conducted on a robust dataset of 162 recent HDB resale transactions in the area, indicates a high model confidence level, affirming the accuracy of this valuation. The elevated price point suggests a strong demand for HDB units in this locale, underscoring the dynamics of the Singaporean property market where location, lease tenure, and community offerings play pivotal roles in determining property values. As the market continues to evolve, this property exemplifies the potential for long-term appreciation amidst changing economic conditions.