Bungalow for Room Rent: Marine Parade

The valuation of the HDB 2-room unit located in the Central Area reflects a calculated estimate of $202,126, translating to a price per square foot (PSF) of $674. This valuation is grounded in a robust analysis of the local real estate market, with a high model confidence rating supported by 28 recent resale transactions within the vicinity. The remaining lease of 75 years adds a notable dimension to its investment appeal, positioning the property favorably within the context of Singapore's evolving housing landscape.

Current market dynamics indicate a stable pricing environment, with the estimated value showing a 0% difference from the baseline. This stability suggests that the property is well-aligned with local market expectations and reflects the ongoing demand for HDB units in central locations. As urban development continues to shape the Central Area, this property presents a compelling opportunity for investors and homeowners alike, embodying the balance of longevity in leasehold tenure and strategic positioning in a highly sought-after district.