316 Hougang Avenue 7 530316, Kangkar, North-east Region, Singapore
$510,000
**New Exclusive Listing: Nicely Renovated 3 Room Flat for Sale at 316 Hougang ave 7** - New Exclusive Listing! - Rare Corner - Pure Selling - 3I model with attached toilet - Cost saving - Renovated - High Floor - Unblock view - Main Door East - Pure selling - Spacious living hall - Bright - windy - Remaining lease: 61 years - Good bedroom size - Squaish layout - Serious seller 2 MRT Stations: - Approx 800m Hougang MRT (NE14) 800m - Approx 800m Defu MRT (U/C) - Nearby Amenities: Hougang Rivercourt Sheng Siong, Mini mart, eating house, wet & dry market, Sengkang grand mall Centre, Hougang Green Shopping mall, Rivervale Plaza Schools Nearby: CHIJ Holy innocents primary & high school Jurong Primary School Punggol Primary school Montfort Junior & secondary school North Vista Primary & secondary school Xinhua primary school Palm view primary school Yio Chu kang primary school North spring primary school Serangoon Secondary school Seng kang secondary school Yuying Secondary school For any inquiries or to arrange a viewing, please do not hesitate to contact me. Regards, Chris Tan Contact No: 8198 XXXX ERA Senior Marketing Director ERA Raising Millionaire Achiever 2024 & 2025
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…


License: L3002382K
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Automated Valuation based on 6 HDB resale transactions (data.gov.sg)
Fair Value
S$408,814
S$534 psf
Asking Price
S$510,000
S$667 psf
vs Market
+24.8%
vs Last Done
-5.0%
Tenure
54 yrs
99-year Leasehold · Balance remaining
Confidence
Low
6 comps
Nearest MRT
Hougang
855m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
6 comparable transactions
S$679
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.771
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$534
Recent Comparable Transactions
6 shown · 6 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 316 HOUGANG AVE 7 Floor 04 TO 06 | 635sqft | S$445,888 | ▲S$702 +31.5% vs FV | 99yr from 1993 |
Mar 2026 | Blk 316 HOUGANG AVE 7 Floor 04 TO 06 | 635sqft | S$445,888 | ▲S$702 +31.5% vs FV | 99yr from 1993 |
Feb 2026 | Blk 316 HOUGANG AVE 7 Floor 04 TO 06 | 635sqft | S$425,000 | ▲S$669 +25.3% vs FV | 99yr from 1993 |
Jun 2025 | Blk 316 HOUGANG AVE 7 Floor 04 TO 06 | 635sqft | S$422,000 | ▲S$664 +24.3% vs FV | 99yr from 1993 |
Feb 2025 | Blk 316 HOUGANG AVE 7 Floor 10 TO 12 | 635sqft | S$440,000 | ▲S$693 +29.8% vs FV | 99yr from 1993 |
Feb 2025 | Blk 316 HOUGANG AVE 7 Floor 04 TO 06 | 635sqft | S$415,000 | ▲S$653 +22.3% vs FV | 99yr from 1993 |
Jan 2025 | Blk 316 HOUGANG AVE 7 Floor 04 TO 06 | 635sqft | S$440,000 | ▲S$693 +29.8% vs FV | 99yr from 1993 |
Blk 316 HOUGANG AVE 7
Mar 2026 · Floor 04 TO 06
+31.5% vs FV
Blk 316 HOUGANG AVE 7
Mar 2026 · Floor 04 TO 06
+31.5% vs FV
Blk 316 HOUGANG AVE 7
Feb 2026 · Floor 04 TO 06
+25.3% vs FV
Blk 316 HOUGANG AVE 7
Jun 2025 · Floor 04 TO 06
+24.3% vs FV
Blk 316 HOUGANG AVE 7
Feb 2025 · Floor 10 TO 12
+29.8% vs FV
Blk 316 HOUGANG AVE 7
Feb 2025 · Floor 04 TO 06
+22.3% vs FV
Blk 316 HOUGANG AVE 7
Jan 2025 · Floor 04 TO 06
+29.8% vs FV
HELIOS AI Analysis
The HDB 3 Room property located in Hougang, with a remaining lease of 54 years, presents a compelling case for analysis given its estimated value of $408,814, translating to a price per square foot of $534. This valuation positions the property significantly above the market baseline, reflecting a notable 24.8% premium compared to recent comparable transactions. Such a divergence suggests heightened demand or unique attributes that elevate its market standing, despite the low model confidence derived from only six recent resale transactions in the vicinity.
In assessing this valuation, it is essential to consider the implications of the remaining lease period. A 54-year lease may impact buyer sentiment, particularly among first-time homeowners and investors who are often cautious about long-term ownership and potential depreciation as the lease shortens. The above-market valuation could signal a perception of quality or desirability in the Hougang area, yet it also underscores the importance of thorough due diligence. Buyers should be aware that while the current market dynamics may favor sellers, fluctuations in demand could affect future resale opportunities as the lease term progresses.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.