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

The valuation of the HDB 3-room property situated in Bishan, with a remaining lease of 46 years, stands at an estimated value of $365,351, translating to a price per square foot (PSF) of $515. This valuation reflects a market price that is 2.8% above the baseline, indicating a moderate upward trend in the local property market. Such a premium suggests a resilient demand for HDB properties in this esteemed district, which is often regarded for its strategic location and connectivity within Singapore.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data set, relying on only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to potential fluctuations in the estimated value, particularly as market dynamics evolve. Investors and potential buyers should remain cognizant of the remaining lease period, as properties with shorter leases typically experience more volatility in valuation, especially in a competitive market like Bishan. Ultimately, while the current valuation reflects a stable market sentiment, continuous monitoring of the locality's transaction trends will be crucial for informed decision-making.