60 Marine Drive 440060, Marine Parade, Central Region, Singapore
$698,000
***4 Room HDB Flat for sale!*** Do not miss this! No extension if HDB completion date falls after 1st September 2026 On the unit: - Renovated 5 years ago - Chinese owner - Door to Door unit - 1 super big bedroom (2 bedrooms combined) and a common room - Quiet environment yet surrounded by convenience - Corner unit with open view On the surroundings and within 5 minutes walk: - Marine Parade MRT (Thomson East-Coast Line) right in front - Marine Parade Central Market & Food Centre - Parkway Parade Shopping Mall - Marine Parade Polyclinic - Marine Parade Public Library - Within 10 mins, by crossing Marine Parade Road, you are in Joo Chiat Road - a vibrant, heritage-rich street known for its colorful, well-preserved Peranakan shophouses, eclectic cafes and traditional eateries. Schools within 1km - Tao Nan School - CHIJ (Katong) Primary - Tanjong Katong Primary School - Ngee Ann Primary School Schools within 2km - CHIJ Katong Convent - St. Patrick's School - Haig Girls' School The unit is in Marine Parade and you have to take a walk around personally to fully appreciate the convenience you get to enjoy. Connect with Thomas Wong at 8383XXXX NOW for more information and arrange for viewings! Excited to show you the unit.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$452,345
S$483 psf
Asking Price
S$698,000
S$746 psf
vs Market
+54.3%
vs Last Done
+5.8%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
1 comps
Nearest MRT
Eunos
1937m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$705
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$483
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 60 MARINE DR Floor 07 TO 09 | 936sqft | S$660,000 | ▲S$705 +46.0% vs FV | 99yr from 1976 |
Feb 2025 | Blk 60 MARINE DR Floor 07 TO 09 | 936sqft | S$660,000 | ▲S$705 +46.0% vs FV | 99yr from 1976 |
Blk 60 MARINE DR
Feb 2025 · Floor 07 TO 09
+46.0% vs FV
Blk 60 MARINE DR
Feb 2025 · Floor 07 TO 09
+46.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room property located in Marine Parade reflects a complex interplay of factors, notably its remaining lease period of 48 years and the prevailing market conditions. With an estimated value of $452,345, translating to approximately $483 per square foot, this property is positioned significantly above the market baseline, indicating a substantial premium of 54.3%. This valuation suggests that buyers are willing to pay a premium for properties in this sought-after district, known for its proximity to amenities and the vibrant coastal lifestyle.
However, it is crucial to note the low model confidence associated with this valuation, primarily driven by the limited data pool, evidenced by only one recent HDB resale transaction in the vicinity. This scarcity of comparable sales may impact the robustness of the valuation model, prompting potential investors to exercise caution. While the demand for properties in Marine Parade remains strong, the dynamics of the remaining lease of 48 years could influence future resale potential, as buyers often place significant emphasis on lease tenure when considering long-term investments.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.