34 Marine Crescent 440034, Marine Parade, Central Region, Singapore
$635,000
New Exclusive Listing! Welcome to this 4-room HDB residence nestled in the lively community of Marine Crescent. It boasts 3 spacious bedrooms, 2 bathrooms, and a living room offering serene views of lush greenery, creating a tranquil retreat for homeowners. Details about unit: ️- Corner Unit (Only 2 units per floor) with greenery views - Lift Landing at your doorstep ️- 82 sqm / 882 sqft - Squarish & spacious layout - No extension needed! - All Ethnic Groups welcomed! - Bus stop right below block Situated in proximity to a myriad of amenities such as: - 6 mins walk to Marine Terrace MRT (TE27) - 10 mins walk to Marine Terrace Market and Giant Express (24 hours) - 7 mins bus to i12 Katong - 10 mins bus to Parkway Parade and Marine Parade Central - 7 mins cycling to ECP Schools (within 1km): - Tao Nan School - CHIJ (Katong) Primary - Ngee Ann Primary School Schools between 1km - 2km: - Haig Girls' School - St. Stephen's School - Tanjong Katong Primary School This property is a fantastic opportunity for those seeking a convenient, well-connected, big and comfortable living space. Don't let this chance slip by to transform this cozy haven into your perfect home! Contact Ada at 8843.1153 for an exclusive viewing today!
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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$405,916
S$460 psf
Asking Price
S$635,000
S$720 psf
vs Market
+56.4%
vs Last Done
+5.1%
Tenure
47 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
1 comps
Nearest MRT
Kembangan
1865m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$685
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.671
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$460
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 34 MARINE CRES Floor 07 TO 09 | 883sqft | S$605,000 | ▲S$685 +48.9% vs FV | 99yr from 1975 |
Feb 2025 | Blk 34 MARINE CRES Floor 07 TO 09 | 883sqft | S$605,000 | ▲S$685 +48.9% vs FV | 99yr from 1975 |
Blk 34 MARINE CRES
Feb 2025 · Floor 07 TO 09
+48.9% vs FV
Blk 34 MARINE CRES
Feb 2025 · Floor 07 TO 09
+48.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Marine Parade, with an estimated value of $405,916 or $460 per square foot (PSF), presents a nuanced perspective within the Singapore housing market. With a remaining lease of 47 years, the property is positioned in a desirable locale, yet the significant 56.4% premium above the market baseline raises questions regarding its sustainability given current market dynamics. A solitary recent resale transaction in the vicinity contributes to a low model confidence level, suggesting that this valuation may not be firmly grounded in broader market trends.
In examining the implications of the remaining lease, it is crucial to consider how leasehold properties with dwindling tenures can influence buyer sentiment and long-term investment viability. The premium valuation indicates a strong local demand, potentially fueled by Marine Parade's attractive amenities and connectivity. However, prospective buyers should remain vigilant about the risks associated with a limited lease period, as it may translate into a reduced pool of future buyers, ultimately affecting resale potential. Investors are advised to weigh these factors carefully when considering the HDB market in this region.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.