232 Hougang Avenue 1 530232, Lorong Ah Soo, North-east Region, Singapore
$700,000
- High Floor, Spacious & Bright - Renovated, well maintained unit - Door to Door unit, Lift landing unit with only 1 neighbour - Regular shape unit, no odd corners - Spacious kitchen - Excellent location, less than 10 mins to Kovan MRT, Kovan Market, Heartland Mall, Lorong Ah Soo Market. Plenty of food options within close proximity!! - Sheltered walkway from bus stop to block - Within 1KM to Paya Lebar Methodist Girls' School; 1-2KM to Xinmin Primary , Montfort Junior, Holy Innocents Primary School - Near to DPS International School Motivated Seller!!
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 105 HDB resale transactions (data.gov.sg)
Fair Value
S$527,505
S$471 psf
Asking Price
S$700,000
S$626 psf
vs Market
+32.7%
vs Last Done
+4.2%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
High
105 comps
Nearest MRT
Kovan
418m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
105 comparable transactions
S$561
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.800
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$471
Recent Comparable Transactions
10 shown · 105 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 709 HOUGANG AVE 2 Floor 07 TO 09 | 980sqft | S$588,888 | ▲S$601 +27.6% vs FV | 99yr from 1985 |
Apr 2026 | Blk 709 HOUGANG AVE 2 Floor 07 TO 09 | 980sqft | S$588,888 | ▲S$601 +27.6% vs FV | 99yr from 1985 |
Mar 2026 | Blk 106 HOUGANG AVE 1 Floor 01 TO 03 | 1,023sqft | S$500,000 | ▲S$489 +3.8% vs FV | 99yr from 1984 |
Mar 2026 | Blk 711 HOUGANG AVE 2 Floor 04 TO 06 | 1,001sqft | S$565,888 | ▲S$565 +20.0% vs FV | 99yr from 1986 |
Mar 2026 | Blk 706 HOUGANG AVE 2 Floor 01 TO 03 | 980sqft | S$530,000 | ▲S$541 +14.9% vs FV | 99yr from 1985 |
Mar 2026 | Blk 523 HOUGANG AVE 6 Floor 01 TO 03 | 1,130sqft | S$580,000 | ▲S$513 +8.9% vs FV | 99yr from 1986 |
Mar 2026 | Blk 336 HOUGANG AVE 7 Floor 10 TO 12 | 980sqft | S$545,888 | ▲S$557 +18.3% vs FV | 99yr from 1985 |
Mar 2026 | Blk 336 HOUGANG AVE 7 Floor 10 TO 12 | 980sqft | S$535,888 | ▲S$547 +16.1% vs FV | 99yr from 1985 |
Mar 2026 | Blk 352 HOUGANG AVE 7 Floor 07 TO 09 | 980sqft | S$530,000 | ▲S$541 +14.9% vs FV | 99yr from 1986 |
Mar 2026 | Blk 354 HOUGANG AVE 7 Floor 04 TO 06 | 1,001sqft | S$540,000 | ▲S$539 +14.4% vs FV | 99yr from 1986 |
Mar 2026 | Blk 336 HOUGANG AVE 7 Floor 07 TO 09 | 1,001sqft | S$540,000 | ▲S$539 +14.4% vs FV | 99yr from 1985 |
Blk 709 HOUGANG AVE 2
Apr 2026 · Floor 07 TO 09
+27.6% vs FV
Blk 709 HOUGANG AVE 2
Apr 2026 · Floor 07 TO 09
+27.6% vs FV
Blk 106 HOUGANG AVE 1
Mar 2026 · Floor 01 TO 03
+3.8% vs FV
Blk 711 HOUGANG AVE 2
Mar 2026 · Floor 04 TO 06
+20.0% vs FV
Blk 706 HOUGANG AVE 2
Mar 2026 · Floor 01 TO 03
+14.9% vs FV
Blk 523 HOUGANG AVE 6
Mar 2026 · Floor 01 TO 03
+8.9% vs FV
Blk 336 HOUGANG AVE 7
Mar 2026 · Floor 10 TO 12
+18.3% vs FV
Blk 336 HOUGANG AVE 7
Mar 2026 · Floor 10 TO 12
+16.1% vs FV
Blk 352 HOUGANG AVE 7
Mar 2026 · Floor 07 TO 09
+14.9% vs FV
Blk 354 HOUGANG AVE 7
Mar 2026 · Floor 04 TO 06
+14.4% vs FV
Blk 336 HOUGANG AVE 7
Mar 2026 · Floor 07 TO 09
+14.4% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Hougang, with an estimated value of $527,505 and a price per square foot (PSF) of $471, presents a compelling case for potential buyers and investors alike. With a remaining lease of 56 years, this property is positioned in a neighborhood that continues to demonstrate robust demand and resilience in the face of broader market fluctuations. The valuation indicates a significant premium, with the property priced 32.7% above the baseline market value, underscoring its desirability in the current real estate landscape.
This elevated market signal is supported by strong transactional data, with 105 recent HDB resale transactions in the vicinity reinforcing the high confidence in the valuation model. The consistent demand for HDB properties in Hougang, coupled with the area's infrastructural developments and community amenities, contributes to the property’s elevated standing in the market. As such, this 4-room unit not only reflects current market dynamics but also highlights the strategic importance of lease duration in influencing property value, particularly in a competitive urban environment like Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.