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What is the price trend and growth for 3-room HDB flats in Marine Parade?
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For 3-room HDB flats in Marine Parade, here is a summary of the price trend and growth based on recent data:
Price Range
Over the last three years, the resale prices for 3-room HDB flats in Marine Parade have ranged from $312,000 to $615,000. The average resale price for these flats has been around $437,182.
Price Growth
The prices have shown a general upward trend, though the growth has been moderate. Here are some key points:
- The minimum price recorded was $312,000, indicating a lower bound of the market.
- The maximum price reached $615,000, showing the upper limit of recent transactions.
- The average price of $437,182 suggests a stable mid-point for these transactions.
Recent Transactions
In recent months, such as December 2024 and November 2024, transactions for 3-room flats have been recorded in the range of $450,000 to $530,000. This indicates that prices are maintaining their level or slightly increasing.
Overall, while there is some variation, the prices for 3-room HDB flats in Marine Parade have been steadily increasing, reflecting the area's popularity and demand.
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