3 Room (3I) HDB for Sale in 194 Kim Keat Avenue

The valuation of the 3-room HDB unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $214,328, translating to a competitive price per square foot of $332. This valuation indicates a significant market signal, positioning the property above the current market baseline by an impressive 81%. Such a premium reflects the buoyant demand and desirability for HDB units in this highly sought-after precinct, known for its strategic location and excellent amenities.

The model confidence in this valuation is classified as high, bolstered by an analysis of 21 recent HDB resale transactions within the vicinity. The strong performance of these comparable sales underscores the limited supply and increased buyer interest in the area, particularly given the remaining lease duration. As market dynamics continue to evolve, potential buyers and investors should consider the high intrinsic value of this property, not only in terms of its current valuation but also its long-term potential in a resilient housing market.