524 Hougang Avenue 6 530524, Hougang West, North-east Region, Singapore
$488,000
✔️ 796 sqft ✔️ Squarish layout ✔️ Coffeeshop right downstairs ✔️ Well-maintained unit ✔️ Super convenient location ✔️ Call sell to any ethnic group Amenities: ✅ Mins walk from Hougang MRT (360m) ✅ Short mins walk to Bus stops (100m) ✅ Stone’s throw away from many clinics ✅ Hawker Centres within short distances ✅ Supermarkets within short walk - NTUC & Cold Storage (300m) ✅ Many Primary and Secondary Schools in vicinity Nearby Primary Schools within 1KM: 1. CHIJ Our Lady of the Nativity 2. Holy Innocents’ Primary School 3. Punggol Primary School 4. Yio Chu Kang Primary School 5. Montfort Junior School Nearby Shopping Malls: - Close vicinity to Hougang Mall (450m 6mins walk) Viewing by appointment basis only http://wa.me/659862XXXX ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ Please do not hesitate to reach out to me if you have any queries regarding the property market, or if you would simply like to seek advice regarding your property plans. Be rest assured that all sharing and discussions are ???? ??? ??? ?????????? Eileen Chew 9862 XXXX ERA Realty www.eileenchew.com
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$429,821
S$540 psf
Asking Price
S$488,000
S$613 psf
vs Market
+13.5%
vs Last Done
+0.5%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Hougang
365m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$610
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$540
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 524 HOUGANG AVE 6 Floor 07 TO 09 | 797sqft | S$486,000 | ▲S$610 +13.0% vs FV | 99yr from 1987 |
Feb 2025 | Blk 524 HOUGANG AVE 6 Floor 07 TO 09 | 797sqft | S$486,000 | ▲S$610 +13.0% vs FV | 99yr from 1987 |
Blk 524 HOUGANG AVE 6
Feb 2025 · Floor 07 TO 09
+13.0% vs FV
Blk 524 HOUGANG AVE 6
Feb 2025 · Floor 07 TO 09
+13.0% vs FV
HELIOS AI Analysis
The valuation of a 3-room HDB unit in Hougang, currently estimated at $429,821 or $540 PSF, reveals intriguing insights into the local property market dynamics. With a remaining lease of 59 years, this property is positioned within a segment that typically appeals to both first-time buyers and investors looking for long-term rental opportunities. The current market signal indicates a valuation that is 13.5% above the baseline, suggesting a heightened demand relative to the supply of comparable properties in the area.
However, the model confidence level is classified as low, primarily due to the reliance on a limited data set, with only one recent HDB resale transaction in the vicinity to inform this valuation. This indicates a potential volatility in market trends and underscores the importance of monitoring future transactions closely. As such, while the elevated valuation may reflect a current positive sentiment towards properties in Hougang, prospective buyers and investors should exercise caution and consider the implications of the remaining lease period and overall market conditions before making any decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.