4 Room (4I) HDB for Sale in 45 Marine Crescent

The valuation of a 4-room HDB property in Marine Parade, with a remaining lease of 47 years, stands at an estimated value of $408,568, translating to a price per square foot (PSF) of $431. This valuation reflects a significant premium, being positioned above the market average by 70.1% when compared to baseline figures. Such an elevated market signal indicates robust demand dynamics within the Marine Parade precinct, suggesting a strong preference for properties in this desirable locale.

Market analysis based on nine recent HDB resale transactions in the vicinity highlights the competitive nature of the housing market in Marine Parade. The medium model confidence associated with this valuation suggests a balanced perspective, taking into account the nuances of the local property landscape. As the remaining lease diminishes, potential buyers may weigh the longevity of their investment against the premium pricing, further emphasizing the importance of understanding leasehold dynamics in property valuation. The interplay between remaining lease duration and market demand is crucial for investors and homeowners alike, as it shapes both short-term and long-term financial considerations in this vibrant district.