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 $361,749, translating to a price per square foot of $515. This valuation reflects a market price that sits at equilibrium, showcasing a 0% difference from the baseline, indicating stability in the current market dynamics. The absence of fluctuation suggests that the property is accurately priced in accordance with prevailing market sentiments.

However, it is crucial to note that the model confidence is rated as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of transactions can lead to volatility and may not fully encapsulate the broader market trends. As the remaining lease diminishes over time, potential buyers may factor in leasehold considerations, which could influence demand and price appreciation. Investors and homebuyers alike should remain cognizant of these dynamics when evaluating this property in the context of Bishan's real estate landscape.