3-Room HDB for Room Rent: 30 Marine Crescent

The valuation of the HDB 3 Room in Marine Parade presents a compelling case for both investors and homeowners alike, with an estimated value of $88,921, translating to a price per square foot of $445. With a remaining lease of 48 years, this property sits within a well-established and desirable residential enclave, known for its proximity to amenities, educational institutions, and the scenic East Coast. The valuation reflects a balanced market condition, with a market price showing no deviation from the baseline, indicating stability in buyer sentiment and demand.

Our analysis, grounded in data from 162 recent HDB resale transactions in the vicinity, reinforces the high confidence in this valuation model. The consistent pricing suggests that Marine Parade remains a sought-after location, providing potential appreciation in value over time, despite the remaining lease duration. The area's vibrant community, coupled with ongoing infrastructural developments, positions this property as a strategic asset in the evolving Singapore real estate landscape. Investors and homeowners should consider the long-term implications of lease duration and market dynamics, as these factors will significantly influence future resale potential.