Terraced House for Room Rent: East coast road near Marine Parade MRT.

The HDB 2 Room unit located in the esteemed Marine Parade district presents a unique opportunity for potential buyers, especially given its remaining lease of 75 years. With an estimated value of $101,987, translating to $680 per square foot (PSF), this property reflects a stable market condition with a market price that indicates a 0% difference from the baseline. This suggests that the current valuation is in line with prevailing market expectations, reinforcing the resilience of the Marine Parade area as a sought-after residential locale.

However, it is essential to note that the model confidence for this valuation is categorized as low, which could imply variability in buyer sentiment or recent market trends that may not yet be fully captured in the data. The valuation is based on four recent HDB resale transactions in the vicinity, which indicates a limited sample size that may affect the robustness of the analysis. Investors should consider the implications of the remaining lease, as it plays a critical role in determining long-term value retention and market appeal, particularly in a rapidly evolving real estate landscape.