99 Hougang Avenue 2 533752, Kovan, North-east Region, Singapore
$848,000















This 1-bedroom, 1-bathroom unit offers a spacious 484 sqft layout with a practical squarish design, perfect for easy furniture arrangement and space optimization. The unit is bare, with no prior renovations or fixtures, giving you the freedom to design and recreate your dream home from scratch. A unique feature of this property is the Private Enclosed Space (PES), which can serve as an inviting front entrance for guests during open houses or a convenient backdoor for daily access. The Florence Residences is strategically located just a 10-minute walk from Kovan (NE13) MRT, providing seamless access. Multiple bus stops along Hougang Avenue 2 are within a 5-minute walk, giving more transport options. For private vehicle owners, CTE connects you to CBD in approximately a 30-minute drive away. Residents will enjoy proximity to key amenities, with numerous dining, retail, and entertainment options in Kovan and Hougang. Families will appreciate nearby schools such as Xinmin Primary School, Holy Innocents’ Primary School, and DPS International School. This blank canvas is ready for your creativity. Don’t miss this opportunity to transform this unit into your ideal living space. Contact me today to arrange a viewing! #YourFaithfulAgent #RoziFaithNaser | www.rozifaith.com Associate District Director #SingaporeRealtorsInc #SRIelite #STELLARrealestate #STELLARelites #wintogether #assetprogression #DebtFreeRetirement #assetprogressionstrategist #assetprogressionrealtor #assetprogressionjourney #sgpropertyagent
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Total Transactions
338
Average Price
S1.3M
Total Value
S444.8M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 760 URA transactions · 10 outliers removed (IQR)
Fair Value
S$815,225
S$1,684 psf
Asking Price
S$848,000
S$1,752 psf
vs Market
+4.0%
vs Last Done
-1.2%
Tenure
97 yrs
99-year Leasehold · Balance remaining
Confidence
High
760 comps
Nearest MRT
Kovan
765m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
760 comparable transactions
S$1,761
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.941
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,684
Recent Comparable Transactions
10 shown · 760 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +5.3% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +5.3% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 926sqft | S$1,818,000 | ▲S$1,964 +16.6% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 635sqft | S$1,100,000 | ▲S$1,732 +2.9% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 936sqft | S$1,550,000 | ▼S$1,655 -1.7% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 990sqft | S$1,980,000 | ▲S$1,999 +18.7% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 893sqft | S$1,770,000 | ▲S$1,981 +17.6% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 667sqft | S$1,208,000 | ▲S$1,810 +7.5% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 16-20 | 667sqft | S$1,302,888 | ▲S$1,952 +15.9% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 484sqft | S$850,000 | ▲S$1,755 +4.2% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 635sqft | S$1,125,000 | ▲S$1,771 +5.2% vs FV | 99 yrs lease commencing from 2018 |
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+5.3% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+5.3% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+16.6% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+2.9% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
-1.7% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+18.7% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+17.6% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+7.5% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 16-20
+15.9% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+4.2% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+5.2% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.