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

The valuation of the HDB 3 room property in Bishan, with a remaining lease of 46 years, stands at an estimated value of $365,351, translating to a price per square foot (PSF) of $515. This valuation reflects a market signal indicating a 4.7% deviation from the baseline, suggesting a moderate adjustment in pricing dynamics within the area. Such a variance can be indicative of localized market fluctuations, influenced by factors such as demand-supply equilibrium, proximity to amenities, and overall market sentiment.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily based on a limited dataset derived from only two recent HDB resale transactions in the vicinity. This restricted data pool may not adequately capture the broader market trends and could result in potential discrepancies in valuation. Consequently, stakeholders should approach this valuation with a degree of caution, considering the implications of the remaining lease period and the inherent risks associated with lower model confidence.