4 Room (4I) HDB for Sale in 60 Marine Drive

In the prestigious Marine Parade district, the valuation of a 4-room HDB unit reflects a significant market signal, with an estimated value of $452,345 or $483 PSF. This valuation is notably positioned 59.2% above the baseline, suggesting a robust demand for property in this sought-after locale. Given the remaining lease of 48 years, this property presents an intriguing investment proposition, particularly for buyers seeking long-term residence within an area known for its vibrant community and proximity to amenities.

However, the model confidence for this valuation is categorized as low, which indicates potential volatility in the market dynamics surrounding this property. The reliance on a mere one recent HDB resale transaction in the vicinity adds a layer of uncertainty to the estimated value. Investors should exercise caution and consider comprehensive market research, taking into account the unique attributes of Marine Parade, including its accessibility, lifestyle offerings, and overall desirability, which can heavily influence property values in the long run.