701 Hougang Avenue 2 530701, Kovan, North-east Region, Singapore
$435,000
3NG Hougang Ave 2 Blk 701 #08 ▪️Simple Renovated ▪️Full kitchen cabinet ▪️Unblocked and Windy ▪️Near to Shops, Market & Eateries ▪️Hougang Mall shopping car ▪️2 stops from MRT ▪️68sqm / 731sqft ▪️Asking at $430K Blk 701 Hougang Ave 3 S(530701) Lease Start Date: 1st Oct 1985 Lease Balance: 58 yrs 9mth (40yrs 3mths) (As at date of enquiry Jan 2026) ☎️For all Enquiries & Viewing Saz 9025XXXX / Zar 9474XXXX PropNex Realty Pte Ltd All Other Enquiries Welcome 21 years experience in Real Estate ▪️HDB / Private houses / Condo ▪️HDB Policy, / Housing Grants ▪️Fiancé / Singles / Family scheme ▪️Divorce Estate ▪️Bankruptcies Cases ▪️Reposes Cases ▪️Refinance Mortgage For all Enquiries / Free Consultation Saz 9025XXXX / Zar 9474XXXX PropNex Realty Pte Ltd All Other Enquiries Welcome 25 years experience in Real Estate ▪️HDB / Private houses / Condo ▪️1st Timer Purchase - HDB resale ▪️Fiancé / Singles / Family scheme ▪️Retirees selling after age 55 yrs ▪️Housing Grants $10K to $230k ▪️Divorce & Estate matters ▪️Bankruptcies Cases ▪️Reposes Cases ▪️HDB / Bank loan / Refinance Mortgage A Must View Unit Pls Call / SMS / Whatsapp: Zar 9474XXXX Saz 9025XXXX PropNex Realty Pte Ltd EMAIL : saz.propnex@gmail.com zarwright.propnex@gmail.com WEBSITE : https://bit.ly/sazalipropnex www.99.co FB PAGE : https://www.facebook.com/SazaliPropnex/
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
7
Average Price
S4.3M
Total Value
S30.0M
Calculating fair value from URA transaction data…


License: L3010739Z
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Automated Valuation based on 293 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$354,881
S$492 psf
Asking Price
S$435,000
S$603 psf
vs Market
+22.6%
vs Last Done
+14.4%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
High
293 comps
Nearest MRT
Hougang
621m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
293 comparable transactions
S$593
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$492
Recent Comparable Transactions
10 shown · 293 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 125 HOUGANG AVE 1 Floor 10 TO 12 | 721sqft | S$380,000 | ▲S$527 +7.1% vs FV | 99yr from 1981 |
Apr 2026 | Blk 125 HOUGANG AVE 1 Floor 10 TO 12 | 721sqft | S$380,000 | ▲S$527 +7.1% vs FV | 99yr from 1981 |
Mar 2026 | Blk 114 HOUGANG AVE 1 Floor 10 TO 12 | 710sqft | S$435,888 | ▲S$614 +24.8% vs FV | 99yr from 1982 |
Mar 2026 | Blk 125 HOUGANG AVE 1 Floor 07 TO 09 | 721sqft | S$463,500 | ▲S$643 +30.7% vs FV | 99yr from 1981 |
Mar 2026 | Blk 126 HOUGANG AVE 1 Floor 04 TO 06 | 753sqft | S$390,000 | ▲S$518 +5.3% vs FV | 99yr from 1983 |
Mar 2026 | Blk 124 HOUGANG AVE 1 Floor 10 TO 12 | 883sqft | S$456,000 | ▲S$517 +5.1% vs FV | 99yr from 1981 |
Mar 2026 | Blk 401 HOUGANG AVE 10 Floor 07 TO 09 | 732sqft | S$446,888 | ▲S$611 +24.2% vs FV | 99yr from 1985 |
Mar 2026 | Blk 703 HOUGANG AVE 2 Floor 10 TO 12 | 883sqft | S$514,000 | ▲S$582 +18.3% vs FV | 99yr from 1986 |
Mar 2026 | Blk 322 HOUGANG AVE 5 Floor 10 TO 12 | 721sqft | S$478,000 | ▲S$663 +34.8% vs FV | 99yr from 1983 |
Mar 2026 | Blk 528 HOUGANG AVE 6 Floor 07 TO 09 | 797sqft | S$510,000 | ▲S$640 +30.1% vs FV | 99yr from 1987 |
Mar 2026 | Blk 623 HOUGANG AVE 8 Floor 01 TO 03 | 646sqft | S$375,000 | ▲S$581 +18.1% vs FV | 99yr from 1985 |
Blk 125 HOUGANG AVE 1
Apr 2026 · Floor 10 TO 12
+7.1% vs FV
Blk 125 HOUGANG AVE 1
Apr 2026 · Floor 10 TO 12
+7.1% vs FV
Blk 114 HOUGANG AVE 1
Mar 2026 · Floor 10 TO 12
+24.8% vs FV
Blk 125 HOUGANG AVE 1
Mar 2026 · Floor 07 TO 09
+30.7% vs FV
Blk 126 HOUGANG AVE 1
Mar 2026 · Floor 04 TO 06
+5.3% vs FV
Blk 124 HOUGANG AVE 1
Mar 2026 · Floor 10 TO 12
+5.1% vs FV
Blk 401 HOUGANG AVE 10
Mar 2026 · Floor 07 TO 09
+24.2% vs FV
Blk 703 HOUGANG AVE 2
Mar 2026 · Floor 10 TO 12
+18.3% vs FV
Blk 322 HOUGANG AVE 5
Mar 2026 · Floor 10 TO 12
+34.8% vs FV
Blk 528 HOUGANG AVE 6
Mar 2026 · Floor 07 TO 09
+30.1% vs FV
Blk 623 HOUGANG AVE 8
Mar 2026 · Floor 01 TO 03
+18.1% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room property located in Hougang, with a remaining lease of 57 years, stands at an estimated value of $354,881, translating to a price per square foot (PSF) of $492. This valuation positions the property significantly above the market baseline, reflecting a notable 22.6% premium. Such a divergence from the baseline underscores the strong demand dynamics in the Hougang region, which has been reinforced by the analysis of 293 recent HDB resale transactions in the vicinity.
In the context of Singapore's evolving real estate landscape, a high model confidence rating indicates robust data integrity and market trends supporting this valuation. The extended remaining lease of 57 years also plays a critical role, as it balances the considerations of longevity and depreciation for prospective buyers. The premium pricing suggests that buyers are willing to pay more for properties in this area, likely driven by factors such as accessibility, community amenities, and the overall desirability of Hougang as a residential choice. As the market continues to evolve, this valuation serves as a key indicator of the area's resilience and attractiveness in the HDB segment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.