3 Room (3I) HDB for Rent in 6 Marine Terrace

The valuation of the 3-room HDB unit located in the prestigious Marine Parade area presents a compelling case for potential buyers and investors alike. With an estimated value of $328,503 (or $436 PSF), this property benefits from a remaining lease of 47 years. This relatively extended lease duration positions the property favorably within the market, allowing it to cater to both young families and individuals seeking long-term housing solutions in a vibrant neighborhood.

Current market dynamics indicate a stable valuation with a market price showing 0% difference from the baseline, reflecting a balance between supply and demand in the vicinity. The analysis is supported by robust data drawn from 162 recent HDB resale transactions, indicating a high level of confidence in the model's accuracy. Given the area's reputation for excellent amenities and proximity to the coast, this HDB unit not only serves as a residence but also as a strategic investment opportunity amidst the evolving landscape of Singapore's real estate market.