3 Room (3I) HDB for Sale in 65 Marine Drive

In the highly sought-after Marine Parade district, the valuation of this HDB 3-room unit stands at an estimated $317,276, translating to a price per square foot of $453. With a remaining lease of 48 years, this property is positioned above the current market baseline, reflecting a significant 67% difference. Such a premium valuation underscores the strong demand for residential properties in this vibrant locale, which boasts proximity to essential amenities, reputable schools, and recreational facilities.

The model confidence for this valuation is categorized as high, supported by a robust analysis of 28 recent HDB resale transactions in the vicinity. This data not only reinforces the credibility of the estimated value but also highlights the resilience of the Marine Parade market amidst fluctuating real estate dynamics. Investors and homebuyers alike should consider the implications of the remaining lease, as it plays a critical role in the long-term investment potential of HDB properties in this region.