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

The valuation of the HDB 3 Room unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $365,351, translating to $515 PSF. This valuation reflects a market price that is consistent with baseline expectations, indicating a 0% difference from baseline. The stability in pricing suggests a balanced market environment, where supply and demand dynamics are in equilibrium, particularly for properties in this sought-after location.

However, it is essential to note the low model confidence associated with this valuation, primarily derived from a limited dataset of only two recent HDB resale transactions in the vicinity. This narrow transaction base may not fully capture the nuances of the current market trends, especially given the variable demand for HDB units as they age. Investors and homeowners should carefully consider the implications of the remaining lease, as properties with shorter leases often experience greater price volatility and may appeal to a restricted buyer demographic.