3 Room (3I) HDB for Sale in 47 Marine Crescent

The valuation of the HDB 3-room unit in Marine Parade, with a remaining lease of 47 years, is estimated at $288,899, translating to a price per square foot (PSF) of $413. This valuation has been assessed as significantly above the market baseline, reflecting an 81.7% differential. Such a premium indicates robust demand dynamics within the Marine Parade district, which is known for its strategic location and vibrant community amenities.

Despite the medium confidence level associated with this valuation, it is grounded in a thorough analysis of 12 recent HDB resale transactions within the vicinity. The data suggests a willingness among buyers to invest at elevated price points, influenced by the area's desirability and potential for future appreciation. However, potential buyers should consider the implications of the remaining lease term, as it may affect long-term investment strategy and resale value. Overall, the strong market signal underscores the competitive landscape of HDB properties in Marine Parade, making it a noteworthy consideration for discerning investors.