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, is estimated at $214,328, which translates to a price per square foot (PSF) of $332. This valuation stands significantly above the market baseline, reflecting an impressive 81% differential. Such a premium valuation indicates strong demand in the Bishan area, driven by its strategic location, proximity to amenities, and established reputation as a desirable residential enclave.

The model confidence in this valuation is categorized as high, supported by a robust dataset comprising 21 recent HDB resale transactions within the vicinity. This analytical strength underscores the unit's competitive edge in the current market, as prospective buyers are increasingly attracted to the Bishan district's unique blend of accessibility and community living. The remaining lease of 46 years also plays a crucial role in the valuation, as it reassures buyers of long-term residency potential while still allowing flexibility in market engagement. As such, this property not only represents a sound investment but also aligns with the growing trends of urban living in Singapore.