116 Hougang Avenue 1 530116, Lorong Ah Soo, North-east Region, Singapore
$495,000
Discover your new home! This beautifully renovated 2-bedroom, 2-bathroom HDB at 116, Hougang Avenue 1, Singapore, is now available for sale. Spanning 720 sqft, this unit boasts modern amenities and a refreshing atmosphere. Enjoy the convenience of Kovan MRT Station, just 1.1 km away, making commuting a breeze. Families will appreciate the proximity to reputable schools such as Paya Lebar Methodist Girls' School (Primary) and DPS International School—Kovan Campus, both within a short distance. For your daily needs, Prime Supermarket is only 1.5 km away, while Heartland Mall Kovan, a hub for shopping and dining, is just 1.2 km from your doorstep. Notable features of this unit include air conditioning, a spacious layout, and recent renovations that enhance its appeal. Seize this opportunity to own a cozy and convenient home in a vibrant community. Don't miss out on this fantastic offering!
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 4 HDB resale transactions (data.gov.sg)
Fair Value
S$308,996
S$429 psf
Asking Price
S$495,000
S$688 psf
vs Market
+60.2%
vs Last Done
+24.9%
Tenure
53 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Kovan
827m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$556
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.757
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$429
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 116 HOUGANG AVE 1 Floor 04 TO 06 | 872sqft | S$480,000 | ▲S$551 +28.4% vs FV | 99yr from 1981 |
Feb 2026 | Blk 116 HOUGANG AVE 1 Floor 04 TO 06 | 872sqft | S$480,000 | ▲S$551 +28.4% vs FV | 99yr from 1981 |
Sep 2025 | Blk 116 HOUGANG AVE 1 Floor 10 TO 12 | 883sqft | S$482,000 | ▲S$546 +27.3% vs FV | 99yr from 1981 |
Jun 2025 | Blk 116 HOUGANG AVE 1 Floor 04 TO 06 | 721sqft | S$420,000 | ▲S$582 +35.7% vs FV | 99yr from 1981 |
Jan 2025 | Blk 116 HOUGANG AVE 1 Floor 10 TO 12 | 883sqft | S$480,000 | ▲S$544 +26.8% vs FV | 99yr from 1981 |
Blk 116 HOUGANG AVE 1
Feb 2026 · Floor 04 TO 06
+28.4% vs FV
Blk 116 HOUGANG AVE 1
Feb 2026 · Floor 04 TO 06
+28.4% vs FV
Blk 116 HOUGANG AVE 1
Sep 2025 · Floor 10 TO 12
+27.3% vs FV
Blk 116 HOUGANG AVE 1
Jun 2025 · Floor 04 TO 06
+35.7% vs FV
Blk 116 HOUGANG AVE 1
Jan 2025 · Floor 10 TO 12
+26.8% vs FV
HELIOS AI Analysis
The AI-driven Automated Valuation Model (AVM) estimates the fair value at $308,996.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.