3 Room (3I) HDB for Sale 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 nuanced understanding of the current market dynamics, particularly as it registers a marginal 0.7% difference from the baseline market price. Such a slight deviation indicates a stable demand for properties in the Bishan area, characterized by its favorable location and well-developed infrastructure which continues to sustain buyer interest despite the aging lease.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This low confidence level suggests that while the valuation is grounded in real market activity, it may be susceptible to fluctuations influenced by a broader array of external market forces or shifts in buyer sentiment. Investors and potential buyers should remain vigilant and consider the long-term implications of the remaining lease as they navigate the intricacies of the HDB market in Bishan.