3 Room (3I) HDB for Rent in 67 Marine Drive

The valuation of the HDB 3-room unit in Marine Parade, currently estimated at $398,772 or $487 PSF, reflects a careful analysis of the current market dynamics and recent transactional data. With a remaining lease of 49 years, this property occupies a unique position within a highly coveted district known for its vibrant community and proximity to amenities. The estimation indicates a market price with a 0% difference from the baseline, suggesting stability in the current market conditions. However, the low model confidence indicates potential volatility, necessitating a cautious approach for prospective buyers and investors.

Recent analysis from six comparable HDB resale transactions in the vicinity provides insight into market trends, yet the low confidence level suggests that fluctuations may arise due to various external factors, including economic shifts and local developments. As the remaining lease diminishes, it is essential to consider the implications on long-term investment value and attractiveness to future buyers. Therefore, while this valuation presents an opportunity within a desirable locale, stakeholders are advised to remain vigilant and assess the evolving market landscape for optimal decision-making.