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

In evaluating the HDB 3-room flat located in Bishan with a remaining lease of 46 years, the estimated value stands at $365,351, translating to $515 per square foot (PSF). This valuation positions the property above the current market baseline by approximately 6.7%, indicating a strong demand in this sought-after locality. Bishan is renowned for its strategic location and excellent accessibility, factors that contribute to its resilience in the face of fluctuating market conditions.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data set, which is based on only two recent HDB resale transactions in the immediate vicinity. Such a narrow data pool can lead to variations in market perception and actual transaction values, underscoring the need for potential buyers and investors to exercise caution. As the lease period diminishes, the balance between market demand and remaining lease becomes increasingly crucial in determining future appreciation potential and investment viability in this vibrant neighborhood.