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

The HDB 3-room property located in the highly sought-after Bishan district presents a compelling valuation of $365,351, translating to a price per square foot of $515. With a remaining lease of 46 years, this property reflects an above-market valuation, indicating a 9.5% premium over the baseline valuation. This premium suggests a robust demand for HDB units in this locale, driven by Bishan's reputation as a well-connected and vibrant community, complemented by its proximity to quality schools and recreational amenities.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited transactional data available, with only two recent HDB resale transactions in the vicinity serving as the basis for this estimate. This scarcity of data underscores the potential volatility in market dynamics, which may be influenced by factors such as changing buyer preferences and macroeconomic conditions. Investors should exercise caution and consider the implications of the property's remaining lease on long-term value appreciation, especially in a market where the demand for HDB properties continues to evolve.