3 Room (3I) HDB for Rent in 195 Kim Keat Avenue

The HDB 3-room property located in Bishan, with a remaining lease of 46 years, has been appraised at an estimated value of $365,351, translating to a price per square foot of $515. This valuation reflects a market price that is in line with the baseline, indicating a neutral market dynamic with no significant upward or downward pressure on pricing within the immediate vicinity. Such stability may suggest a balanced demand-supply scenario, particularly in this sought-after residential enclave.

However, it is crucial to note that the model confidence for this valuation is rated as low, primarily due to the limited dataset, with only two recent HDB resale transactions informing this analysis. The low confidence level raises potential concerns regarding the volatility of future price movements, especially considering the remaining lease period. In a market influenced by factors such as lease duration and the overall desirability of the Bishan locale, prospective buyers should exercise caution and conduct comprehensive due diligence before engaging in any purchasing decisions.