Common Room (HDB) for Rent in 30 Marine Crescent

The valuation of the HDB 4-room unit located in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $45,159, translating to a price per square foot (PSF) of $466. This valuation reflects a market price that is perfectly aligned with the baseline, indicating a stable and well-balanced market condition for HDB properties in this sought-after locale. The high model confidence rating underscores the reliability of this valuation, derived from a comprehensive analysis of 71 recent HDB resale transactions in the vicinity.

Marine Parade, known for its prime location and vibrant community, continues to attract buyers despite the diminishing lease period. The remaining lease of 48 years suggests that potential homeowners and investors may weigh the implications of lease tenure against the intrinsic value of living in such a desirable area. As the market signals show no deviation from baseline pricing, this stability suggests a healthy demand for HDB units in Marine Parade, keeping the property’s valuation robust amidst the broader dynamics of the Singapore real estate market.