3 Room (3I) HDB for Sale in 7 Marine Terrace

The recent valuation of the HDB 3 Room unit in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $282,413, equating to an impressive $445 PSF. This valuation signals a robust market performance, as it is positioned significantly above the baseline, reflecting a remarkable 65.7% difference. Such a positive deviation from the market norm indicates strong demand dynamics and potential buyer confidence in this prime location.

Analyzing the broader context, this valuation is supported by data from 163 recent HDB resale transactions within the vicinity, providing a solid foundation for model confidence, which is categorized as high. The Marine Parade area is known for its desirable amenities and proximity to the coastline, which further enhances its appeal. The current market dynamics suggest that despite the limited remaining lease, the unique location and community attributes are driving prices upward, reflecting a strategic opportunity for discerning investors and homeowners alike.