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

The valuation of this HDB 3-room property located in Bishan, with a remaining lease of 46 years, is estimated at $361,749, translating to a price per square foot (PSF) of $515. This valuation reflects a market price that shows no deviation from the baseline, suggesting a stable demand environment in the Bishan area, known for its desirable residential amenities and connectivity. However, the model confidence is rated as low, indicating that this estimate may be subject to fluctuations due to limited transaction data.

With only two recent HDB resale transactions in the vicinity serving as the basis for this valuation, the market signal indicates a cautious outlook. The stability in pricing could be attributed to the appealing characteristics of Bishan, including its proximity to educational institutions and recreational facilities, which typically enhances property desirability. Nevertheless, prospective buyers should be mindful of the implications of a 46-year lease remaining. As the lease term diminishes, it may impact future resale potential and valuation trends, making it essential to assess both current market conditions and long-term lease considerations when evaluating this property.