708 Hougang Avenue 2 530708, Kovan, North-east Region, Singapore
$480,000
Discover a cosy and well-sized 3-Room HDB (721 sqft) — perfect for homeowners or investors looking for value in a mature estate. Why You’ll Love This Home: - Efficient layout with no wasted space - Comfortable living & dining for everyday living - Ideal for young couples, small families or right-sizers - Move-in ready with great potential to personalise Convenience at Your Doorstep: - Near Hougang MRT Station (approx. 1.3km) - Close to Xinmin Secondary School (0.6km) - Nearby Little Paddington Preschool (1.1km) Daily Essentials Made Easy: • Giant Express (1.2km) • Rainbow Supermart (1.5km) • Heartland Mall Kovan (1.6km) Enjoy living in a vibrant and well-connected neighbourhood with everything you need just minutes away.
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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: L3008022J
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Automated Valuation based on 292 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$355,989
S$494 psf
Asking Price
S$480,000
S$666 psf
vs Market
+34.8%
vs Last Done
+3.3%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
High
292 comps
Nearest MRT
Hougang
615m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
292 comparable transactions
S$594
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$494
Recent Comparable Transactions
10 shown · 292 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 115 HOUGANG AVE 1 Floor 07 TO 09 | 721sqft | S$465,000 | ▲S$645 +30.6% vs FV | 99yr from 1981 |
Apr 2026 | Blk 115 HOUGANG AVE 1 Floor 07 TO 09 | 721sqft | S$465,000 | ▲S$645 +30.6% vs FV | 99yr from 1981 |
Apr 2026 | Blk 403 HOUGANG AVE 10 Floor 01 TO 03 | 818sqft | S$460,000 | ▲S$562 +13.8% vs FV | 99yr from 1985 |
Apr 2026 | Blk 703 HOUGANG AVE 2 Floor 13 TO 15 | 721sqft | S$458,000 | ▲S$635 +28.5% vs FV | 99yr from 1986 |
Apr 2026 | Blk 702 HOUGANG AVE 2 Floor 04 TO 06 | 883sqft | S$475,000 | ▲S$538 +8.9% vs FV | 99yr from 1985 |
Apr 2026 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$425,000 | ▲S$589 +19.2% vs FV | 99yr from 1984 |
Apr 2026 | Blk 327 HOUGANG AVE 5 Floor 04 TO 06 | 721sqft | S$420,000 | ▲S$582 +17.8% vs FV | 99yr from 1983 |
Apr 2026 | Blk 311 HOUGANG AVE 5 Floor 07 TO 09 | 732sqft | S$426,000 | ▲S$582 +17.8% vs FV | 99yr from 1983 |
Apr 2026 | Blk 528 HOUGANG AVE 6 Floor 10 TO 12 | 797sqft | S$508,000 | ▲S$638 +29.1% vs FV | 99yr from 1987 |
Apr 2026 | Blk 645 HOUGANG AVE 8 Floor 10 TO 12 | 646sqft | S$430,000 | ▲S$666 +34.8% vs FV | 99yr from 1987 |
Apr 2026 | Blk 617 HOUGANG AVE 8 Floor 01 TO 03 | 689sqft | S$410,000 | ▲S$595 +20.4% vs FV | 99yr from 1986 |
Blk 115 HOUGANG AVE 1
Apr 2026 · Floor 07 TO 09
+30.6% vs FV
Blk 115 HOUGANG AVE 1
Apr 2026 · Floor 07 TO 09
+30.6% vs FV
Blk 403 HOUGANG AVE 10
Apr 2026 · Floor 01 TO 03
+13.8% vs FV
Blk 703 HOUGANG AVE 2
Apr 2026 · Floor 13 TO 15
+28.5% vs FV
Blk 702 HOUGANG AVE 2
Apr 2026 · Floor 04 TO 06
+8.9% vs FV
Blk 248 HOUGANG AVE 3
Apr 2026 · Floor 04 TO 06
+19.2% vs FV
Blk 327 HOUGANG AVE 5
Apr 2026 · Floor 04 TO 06
+17.8% vs FV
Blk 311 HOUGANG AVE 5
Apr 2026 · Floor 07 TO 09
+17.8% vs FV
Blk 528 HOUGANG AVE 6
Apr 2026 · Floor 10 TO 12
+29.1% vs FV
Blk 645 HOUGANG AVE 8
Apr 2026 · Floor 10 TO 12
+34.8% vs FV
Blk 617 HOUGANG AVE 8
Apr 2026 · Floor 01 TO 03
+20.4% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room unit located in Hougang, with a remaining lease of 57 years, stands at an estimated value of $355,989, translating to a price per square foot (PSF) of $494. This valuation reflects a significant market signal, where the property is positioned 34.8% above the baseline, indicating a robust demand and an optimistic outlook for the local housing market. Such a premium suggests a strong buyer interest, potentially driven by key factors such as proximity to amenities, transport links, and the overall appeal of the Hougang neighborhood.
With a high model confidence rating based on a comprehensive analysis of 292 recent HDB resale transactions in the vicinity, this valuation is supported by empirical data, ensuring reliability and accuracy. The remaining lease period of 57 years plays a crucial role in shaping buyer perceptions and investment decisions, as properties with longer leases are often viewed more favorably. As the market continues to evolve, this HDB unit exemplifies the dynamic interplay between lease duration and market trends, underscoring the importance of localized analysis in property valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.