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

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 46 years, has been estimated at $214,328, translating to a price per square foot of $332. This valuation is particularly noteworthy as it denotes a significant market signal, reflecting an 81% difference from the baseline, indicating that this property is positioned above market expectations. Such a premium suggests a robust demand for HDB properties in this sought-after district, bolstered by its strategic location and community amenities.

Our analysis is supported by a comprehensive review of 21 recent HDB resale transactions in the vicinity, which affirms the high confidence of our model. The elevated valuation can be attributed to various factors, including the area’s reputation for quality living, proximity to essential services, and accessibility to public transport. With a remaining lease of 46 years, potential buyers may perceive this as an attractive opportunity for long-term investment, particularly in a market where leasehold properties are becoming increasingly valued for their potential appreciation in a thriving neighborhood.