3 Room (3I) HDB for Sale in 5 Marine Terrace

The HDB 3 Room property located in the prestigious Marine Parade area has been appraised at an estimated value of $356,386, translating to a price per square foot (PSF) of $436. This valuation reflects a significant premium, as it is positioned 51.5% above the market baseline, indicating a robust demand for HDB units in this sought-after locale. With a remaining lease of 47 years, this property strategically benefits from the vibrant community and proximity to essential amenities, which consistently attract buyers willing to invest at higher price points.

The model confidence for this valuation is classified as high, supported by a comprehensive analysis of 162 recent HDB resale transactions in the vicinity. This extensive dataset underscores the property’s competitive positioning within the market, driven by Marine Parade’s unique appeal, including its coastal access and strong transport links. As the landscape of Singapore's real estate continues to evolve, properties with favorable lease terms and prime locations like this HDB unit are likely to maintain their value, making them a sound investment for discerning buyers.