Common Room (HDB) for Rent in 20 Marine Terrace

The valuation of the HDB 2-room unit located in the esteemed Marine Parade area reflects a calculated estimate of $68,328, equating to $456 PSF. With a remaining lease of 48 years, this property stands at a critical juncture within the Singaporean real estate landscape, where leasehold dynamics play a pivotal role in influencing buyer sentiment and pricing strategies.

Market analysis indicates a stable yet cautious environment, as evidenced by the 0% difference from the baseline in market price. This signals a plateauing in the local valuation trends, likely influenced by a combination of factors including overall economic conditions, demand for HDB units, and the relatively low model confidence attributed to the valuation—marked as Low. The valuation is supported by three recent HDB resale transactions in the vicinity, which suggest that while there is some transactional activity, significant fluctuations in price are not currently anticipated. As such, potential investors and homeowners may find this a strategic time to assess their options within the Marine Parade locale, considering both the longevity of the lease and the current market positioning.