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

The valuation of the HDB 3 Room property located in Bishan, with a remaining lease of 46 years, stands at an estimated value of $365,351, translating to a price per square foot of $515. This valuation reflects a notable market signal, indicating the property is priced above the market average by approximately 9.5%. Such a premium suggests a heightened demand for HDB units in this desirable location, where the unique blend of accessibility, community amenities, and quality living contributes to a robust market presence.

However, it is essential to approach this valuation with caution, as the model confidence is rated low, indicating that the estimation is based on limited data. Specifically, this valuation is drawn from only two recent HDB resale transactions in the vicinity, which may not fully represent the broader market dynamics. The remaining lease period of 46 years is a crucial factor, as properties with shorter leases tend to experience depreciation in value over time. Therefore, potential buyers should consider both the premium pricing and lease considerations when evaluating this property in the context of their long-term investment strategy.