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

The valuation of the HDB 3 Room property located 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 2.8% difference from the baseline, suggesting a relatively stable demand in this sought-after locality. Bishan, known for its strategic location and well-developed amenities, continues to attract prospective buyers, though this property is positioned at a lower confidence level due to limited comparable transactions.

With only two recent HDB resale transactions in the vicinity serving as the foundation for this estimation, the model confidence is categorized as low. This implies that while the property maintains a competitive value within the market, fluctuations in demand and supply dynamics, particularly in the context of HDB lease durations, may significantly influence future valuations. Buyers should consider the implications of the remaining lease length, as properties with shorter leases may experience greater volatility in value over time. In conclusion, while this property holds potential, careful consideration of market trends and lease factors is essential for informed decision-making.