3 Room (3I) HDB for Sale in 66 Marine Drive

The valuation of this HDB 3-room unit in Marine Parade, with a remaining lease of 48 years, stands at an estimated value of $314,836, translating to a remarkable $452 PSF. This valuation is notably positioned above the market baseline, indicating a significant 57.2% premium compared to comparable properties in the area. Such a deviation suggests robust demand dynamics and reflects the desirability of the Marine Parade locale, which is characterized by its proximity to amenities, coastal views, and a vibrant community atmosphere.

The high model confidence associated with this valuation is drawn from an analysis of 30 recent HDB resale transactions within the vicinity, providing a solid foundation for this assessment. The remaining lease of 48 years is a critical factor to consider, as it impacts both the property’s long-term investment potential and the buyer's perception of value. Given the current market trends and the specific characteristics of the Marine Parade district, this property represents an attractive opportunity for discerning buyers seeking to invest in a well-regarded area that combines both lifestyle and financial viability.