Room (HDB) for Rent in 67 Marine Drive

In the prestigious Marine Parade district, the valuation of this HDB 2-room unit reveals a current estimated value of $53,283, translating to a price per square foot of $444. With a remaining lease of 48 years, it is crucial to consider the implications of lease duration on the overall value perception among potential buyers. The market has displayed a steady signal with the estimated value reflecting a 0% difference from the baseline, indicating a stable demand amidst the fluctuating dynamics of the HDB resale market.

Despite the relatively low model confidence, which stands at Low, the analysis is grounded in insights drawn from 4 recent HDB resale transactions within the vicinity. This limited transaction data may contribute to the uncertainty in valuation, reinforcing the need for thorough due diligence when navigating the property landscape in this area. As Marine Parade continues to evolve, the interplay between lease tenure and market dynamics will remain pivotal in shaping future valuations and investment decisions.