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

The valuation of the HDB 3 room unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $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, indicating a stable demand within this segment. However, the model confidence is rated as low, which suggests that the estimation is based on a limited dataset, specifically two recent HDB resale transactions in the vicinity. This constraint may affect the robustness of the valuation, and potential investors should consider this when evaluating their options.

Bishan is a well-regarded residential district, known for its strategic location and access to amenities, which traditionally supports property values. The remaining lease of 46 years is notable, as properties with diminishing lease terms can face increased scrutiny from buyers, particularly in a competitive market. As the landscape evolves, prospective buyers should remain vigilant about market dynamics, including changes in supply, demand, and overall sentiment towards HDB properties in the area, as these factors will ultimately influence future valuations and investment potential.