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

The valuation of the HDB 3-room property located in the highly sought-after Bishan area, with a remaining lease of 46 years, stands at an estimated value of $365,351, translating to $515 PSF. This price point reflects a 0.7% difference from the baseline market price, indicating a subtle yet significant alignment with prevailing market trends. The Bishan precinct is renowned for its strategic location, excellent connectivity, and proximity to key amenities, which typically enhances demand for HDB properties in the area.

However, it is imperative to note that the model confidence for this valuation is categorized as low, primarily driven by the limited data pool, evidenced by only two recent HDB resale transactions within the vicinity. This scarcity of comparable sales may contribute to volatility in pricing, underscoring the need for potential buyers and investors to exercise caution. As the market dynamics continue to evolve, the interplay between lease tenure and market sentiment will play a pivotal role in shaping the future value of HDB properties in Bishan.