3 Room (3I) HDB for Rent in 83 Marine Parade Central

The valuation of the HDB 3 Room unit in Marine Parade, with a remaining lease of 51 years, stands at an estimated value of $352,981, equating to a price per square foot of $476. This valuation is particularly noteworthy as it reflects a market price that is stable, showing a 0% difference from the baseline. Such stability indicates a balanced demand and supply dynamic in this sought-after location, which is characterized by its proximity to amenities, schools, and recreational facilities.

With a model confidence rating classified as high, this valuation is reinforced by an extensive analysis drawn from 161 recent HDB resale transactions in the vicinity. This robust dataset provides a solid foundation for understanding current market trends and potential future movements. The Marine Parade area remains a desirable destination for homebuyers, which contributes to the resilience of property values, even with a remaining lease that is less than the maximum typically desired. Investors and homeowners alike should take note of these dynamics as they navigate the evolving landscape of Singapore's real estate market.