501 Hougang Avenue 8 530501, Hougang West, North-east Region, Singapore
$480,000
For sale well kept , simple renovations done 2 bedroom and 2 bathroom With split aircon in both bedrooms Convenient and accessible. Food and amenities just across the road Sell vacant , no need extension . Pure selling Call Corina hp 9799XXXX to view soon
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: L3008899K
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Automated Valuation based on 4 HDB resale transactions (data.gov.sg)
Fair Value
S$373,602
S$542 psf
Asking Price
S$480,000
S$697 psf
vs Market
+28.5%
vs Last Done
+9.1%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Hougang
648m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$631
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$542
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2025 | Blk 501 HOUGANG AVE 8 Floor 04 TO 06 | 689sqft | S$440,000 | ▲S$639 +17.9% vs FV | 99yr from 1986 |
Sep 2025 | Blk 501 HOUGANG AVE 8 Floor 04 TO 06 | 689sqft | S$440,000 | ▲S$639 +17.9% vs FV | 99yr from 1986 |
Jun 2025 | Blk 501 HOUGANG AVE 8 Floor 04 TO 06 | 689sqft | S$448,000 | ▲S$650 +19.9% vs FV | 99yr from 1986 |
Dec 2024 | Blk 501 HOUGANG AVE 8 Floor 07 TO 09 | 689sqft | S$420,000 | ▲S$610 +12.5% vs FV | 99yr from 1986 |
Sep 2024 | Blk 501 HOUGANG AVE 8 Floor 07 TO 09 | 689sqft | S$430,000 | ▲S$624 +15.1% vs FV | 99yr from 1986 |
Blk 501 HOUGANG AVE 8
Sep 2025 · Floor 04 TO 06
+17.9% vs FV
Blk 501 HOUGANG AVE 8
Sep 2025 · Floor 04 TO 06
+17.9% vs FV
Blk 501 HOUGANG AVE 8
Jun 2025 · Floor 04 TO 06
+19.9% vs FV
Blk 501 HOUGANG AVE 8
Dec 2024 · Floor 07 TO 09
+12.5% vs FV
Blk 501 HOUGANG AVE 8
Sep 2024 · Floor 07 TO 09
+15.1% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room property in Hougang, with a remaining lease of 59 years, stands at an estimated value of $373,602, translating to a price per square foot (PSF) of $542. This assessment indicates a significant premium over the current market baseline, reflecting a notable 28.5% difference. Such a deviation suggests a potential overvaluation in the context of recent market trends and comparable sales, which may warrant further scrutiny by prospective buyers and investors.
Analysis of the surrounding property transactions reveals a market signal categorized as Above Market, bolstered by data from four recent HDB resale transactions in the vicinity. However, it is important to note that the model confidence for this valuation is classified as Low, indicating that fluctuations in buyer sentiment and external economic factors could heavily influence future price stability. The residual lease period of 59 years also plays a crucial role in determining long-term investment viability, as properties with shorter lease terms often face diminishing demand over time. Therefore, stakeholders are advised to consider these dynamics carefully when evaluating this property in the broader context of the Hougang district's real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.