3 Room (3I) HDB for Sale in 30 Marine Crescent

The valuation of the HDB 3-room unit in Marine Parade, with a remaining lease of 47 years, stands at an estimated value of $353,123, equating to $432 PSF. This valuation positions the property significantly above the market average, reflecting a notable 55.5% difference from the established baseline. Such a premium valuation indicates a robust demand for residential units in this coveted district, which is characterized by its proximity to vibrant amenities and an affluent neighborhood.

The medium confidence level of this valuation is supported by an analysis of 13 recent HDB resale transactions within the vicinity, underscoring the competitive nature of the current market. With a remaining lease of 47 years, potential buyers may weigh the impact of lease duration on their investment, yet the desirability of Marine Parade as a prime residential locale continues to drive interest and price resilience. As market dynamics evolve, this property exemplifies the intricate balance between location desirability and leasehold considerations, making it a compelling choice for discerning investors.