248 Hougang Avenue 3 530248, Lorong Ah Soo, North-east Region, Singapore
$450,000
This flat is a 3 Rooms HDB for sale with 2 Baths in 248 Hougang Avenue 3, HDB Resale Flat in Singapore. Key features ✓ Original condition ✓ Regular layout for furniture placement ✓ Windy ✓ Corridor unit ✓ Natural air ventilation ✓ Convenient location Looking for a HDB for Sale in Singapore? Hougang Avenue 3 is the perfect property in Hougang for you! Located in Hougang HDB Estate, this development is part of District 19. Completed in 1984, Hougang Avenue 3 is a 99 year leasehold HDB Development with a total of 182 units. It has a total of 12 floors and is one of 23 HDB blocks on Hougang Avenue 3. Nearby amenities ⭑ Nearby MRTs • 2 MRTs within 1 km Defu and Kovan. Hougang MRT 1.2km. ⭑ Nearby Bus stops • Opposite Blk 248 (82 m) - 2 mins walk • Blk 248 (82 m) - 2 mins walk • After An-Naeem Mosque (243 m) - 4 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Rainbow Supermart Pte Ltd (371 m) - 6 mins walk • 5 grocery stores within 1 km ⭑ Nearby Schools • Xinghua Primary School (286 m) - 4 mins walk • Yuying Secondary School (364 m) - 6 mins walk • Holy Innocents' Primary School (820 m) - 4 mins drive • 2 more schools within 1 km ⭑ Nearby Parks • Community landscape garden (726 m) - 4 mins drive • Realty Park (995 m) - 4 mins drive • 7 parks within 5 km Do take note that 3 months extension needed. Please call Sam Lee @ +658292XXXX to arrange for a viewing.
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 4 HDB resale transactions (data.gov.sg)
Fair Value
S$348,749
S$484 psf
Asking Price
S$450,000
S$624 psf
vs Market
+29.0%
vs Last Done
+5.9%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Kovan
836m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$582
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$484
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$425,000 | ▲S$589 +21.7% vs FV | 99yr from 1984 |
Apr 2026 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$425,000 | ▲S$589 +21.7% vs FV | 99yr from 1984 |
Apr 2026 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$425,000 | ▲S$589 +21.7% vs FV | 99yr from 1984 |
Nov 2025 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$415,000 | ▲S$575 +18.8% vs FV | 99yr from 1984 |
Nov 2025 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$415,000 | ▲S$575 +18.8% vs FV | 99yr from 1984 |
Blk 248 HOUGANG AVE 3
Apr 2026 · Floor 04 TO 06
+21.7% vs FV
Blk 248 HOUGANG AVE 3
Apr 2026 · Floor 04 TO 06
+21.7% vs FV
Blk 248 HOUGANG AVE 3
Apr 2026 · Floor 04 TO 06
+21.7% vs FV
Blk 248 HOUGANG AVE 3
Nov 2025 · Floor 04 TO 06
+18.8% vs FV
Blk 248 HOUGANG AVE 3
Nov 2025 · Floor 04 TO 06
+18.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room property in Hougang, with a remaining lease of 57 years, presents a nuanced perspective on the current market dynamics. Priced at an estimated value of $348,749, translating to approximately $484 per square foot, this property is positioned notably above the market baseline by 29%. Such a significant premium indicates a demand that may be driven by various factors, including its strategic location, accessibility, and the desirability of the Hougang district among potential buyers.
However, it is important to note that the model confidence for this valuation is categorized as low, suggesting that the analysis is based on a limited dataset, specifically four recent HDB resale transactions in the vicinity. This raises questions about the robustness of the market signals and highlights potential volatility in this segment. As the remaining lease diminishes, prospective buyers may exhibit caution, weighing the advantages of current market conditions against the implications of long-term lease tenure. Thus, while the property commands a premium, stakeholders should remain vigilant about broader market trends and leasehold considerations that could impact future valuations.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.