703 Hougang Avenue 2 530703, Kovan, North-east Region, Singapore
$470,000
For Sale: 3R New Generation HDB Flat Find your ideal home in the vibrant Hougang District! Perfect for families with a comfortable living space to transform to your own design. Key highlights: - High floor with good spacious layout - Condition: Good. Newly changed windows and Doors - Convenient to Heartland mall, The Midtown, Hougang Mall, Hougang Green, Upper Serangoon Shopping centre, Hougang 1 - Remaining lease: 59 years - Exclusive listing, genuine seller - Vacant possession Connect with Chantel at 8501 XXXX to find out more! Nearby Schools: - 4 primary schools within 1km! - They are Holy Innocents’ Primary, Monfort Junior, Xinghua Primary and Xinmin Primary School - Within 8 min drive to Paya Lebar Methodist Girls’ School and Rosyth School - International schools nearby are Dimensional International College, DPS International School and Hillside World Academy are nearby Nearby Amenities: - Coffeeshops - Chin Guan Hin Mini mart - Fairprice and Cold Storage Supermarkets - Laundromat - Children’s playground - Medical Clinic No extension stay is needed. Don’t miss out on this fantastic opportunity to secure a convenient and comfortable living space Contact Chantel at 8501 XXXX for exclusive viewing. You'll find Hougang MRT station (0.8 km) for effortless commuting. Families will appreciate the proximity to quality education, with Little Paddington Preschool & Infant Care (0.6 km) nearby. For your shopping needs, FairPrice at Hougang Mall (0.7 km) and Rainbow Supermart Pte Ltd (0.9 km) are just around the corner. Enjoy leisure time at Heartland Mall Kovan (1.2 km) and The Midtown (1.5 km) for shopping and dining experiences. This property is not just a place to live; it's a lifestyle choice that offers unmatched accessibility to essential amenities and a vibrant community. Don't miss out on this incredible opportunity to own a beautiful home in a prime location. Schedule a viewing today!
The following locations are within radius of this property, with distance shown in kilometers.
Loading map...
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: L3008022J
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 6 HDB resale transactions (data.gov.sg)
Fair Value
S$360,232
S$500 psf
Asking Price
S$470,000
S$652 psf
vs Market
+30.5%
vs Last Done
+12.0%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
6 comps
Nearest MRT
Hougang
705m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
6 comparable transactions
S$602
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$500
Recent Comparable Transactions
6 shown · 6 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 703 HOUGANG AVE 2 Floor 10 TO 12 | 883sqft | S$514,000 | ▲S$582 +16.4% vs FV | 99yr from 1986 |
Mar 2026 | Blk 703 HOUGANG AVE 2 Floor 10 TO 12 | 883sqft | S$514,000 | ▲S$582 +16.4% vs FV | 99yr from 1986 |
Oct 2025 | Blk 703 HOUGANG AVE 2 Floor 10 TO 12 | 721sqft | S$448,000 | ▲S$621 +24.2% vs FV | 99yr from 1986 |
Jul 2025 | Blk 703 HOUGANG AVE 2 Floor 10 TO 12 | 721sqft | S$480,000 | ▲S$666 +33.2% vs FV | 99yr from 1986 |
Apr 2025 | Blk 703 HOUGANG AVE 2 Floor 01 TO 03 | 721sqft | S$395,000 | ▲S$548 +9.6% vs FV | 99yr from 1986 |
Mar 2025 | Blk 703 HOUGANG AVE 2 Floor 13 TO 15 | 721sqft | S$440,000 | ▲S$610 +22.0% vs FV | 99yr from 1986 |
Jan 2025 | Blk 703 HOUGANG AVE 2 Floor 04 TO 06 | 721sqft | S$420,000 | ▲S$582 +16.4% vs FV | 99yr from 1986 |
Blk 703 HOUGANG AVE 2
Mar 2026 · Floor 10 TO 12
+16.4% vs FV
Blk 703 HOUGANG AVE 2
Mar 2026 · Floor 10 TO 12
+16.4% vs FV
Blk 703 HOUGANG AVE 2
Oct 2025 · Floor 10 TO 12
+24.2% vs FV
Blk 703 HOUGANG AVE 2
Jul 2025 · Floor 10 TO 12
+33.2% vs FV
Blk 703 HOUGANG AVE 2
Apr 2025 · Floor 01 TO 03
+9.6% vs FV
Blk 703 HOUGANG AVE 2
Mar 2025 · Floor 13 TO 15
+22.0% vs FV
Blk 703 HOUGANG AVE 2
Jan 2025 · Floor 04 TO 06
+16.4% vs FV
HELIOS AI Analysis
The valuation of the 3-room HDB unit in Hougang, with a remaining lease of 57 years, has been estimated at $360,232, translating to a price per square foot (PSF) of $500. This valuation is positioned significantly above the market baseline, reflecting a 30.5% premium. Such an elevated market signal indicates a heightened demand within the immediate vicinity, potentially influenced by local amenities, transportation links, or demographic shifts that favor this particular neighborhood.
However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting that the underlying data may exhibit variability. The analysis is based on six recent HDB resale transactions in the area, which may not provide a comprehensive representation of the broader market trends. Investors and prospective buyers should exercise caution and consider the implications of the remaining lease on long-term value retention, as properties with fewer years left on their lease can experience diminished appeal over time. Overall, while the current valuation reflects a bullish outlook, it is imperative to remain cognizant of the inherent risks associated with such a premium pricing in the context of the HDB market dynamics.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.