Hougang Avenue 2, Kovan, North-east Region, Singapore
$5,980,000
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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…
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Automated Valuation based on 228 HDB resale transactions (data.gov.sg) · 11 outliers removed (IQR)
Fair Value
S$3.32M
S$649 psf
Asking Price
S$5.98M
S$3,738 psf
vs Market
+80.3%
vs Last Done
+588.4%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
228 comps
Nearest MRT
Hougang
700m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
228 comparable transactions
S$606
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$649
Recent Comparable Transactions
10 shown · 228 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 622 HOUGANG AVE 8 Floor 01 TO 03 | 1,593sqft | S$865,000 | ▼S$543 -16.3% vs FV | 99yr from 1986 |
May 2026 | Blk 622 HOUGANG AVE 8 Floor 01 TO 03 | 1,593sqft | S$865,000 | ▼S$543 -16.3% vs FV | 99yr from 1986 |
May 2026 | Blk 633 HOUGANG AVE 8 Floor 01 TO 03 | 1,658sqft | S$950,000 | ▼S$573 -11.7% vs FV | 99yr from 1987 |
Jan 2026 | Blk 633 HOUGANG AVE 8 Floor 07 TO 09 | 1,593sqft | S$1,050,000 | ▲S$659 +1.5% vs FV | 99yr from 1987 |
Jan 2026 | Blk 654 HOUGANG AVE 8 Floor 01 TO 03 | 1,572sqft | S$920,000 | ▼S$585 -9.9% vs FV | 99yr from 1987 |
Jan 2026 | Blk 615 HOUGANG AVE 8 Floor 10 TO 12 | 1,604sqft | S$980,000 | ▼S$611 -5.9% vs FV | 99yr from 1986 |
Jan 2026 | Blk 615 HOUGANG AVE 8 Floor 10 TO 12 | 1,528sqft | S$1,000,000 | ▲S$654 +0.8% vs FV | 99yr from 1986 |
Nov 2025 | Blk 628 HOUGANG AVE 8 Floor 04 TO 06 | 1,593sqft | S$988,000 | ▼S$620 -4.5% vs FV | 99yr from 1986 |
Nov 2025 | Blk 633 HOUGANG AVE 8 Floor 01 TO 03 | 1,625sqft | S$909,940 | ▼S$560 -13.7% vs FV | 99yr from 1987 |
Aug 2025 | Blk 628 HOUGANG AVE 8 Floor 07 TO 09 | 1,593sqft | S$994,000 | ▼S$624 -3.9% vs FV | 99yr from 1986 |
Jul 2025 | Blk 633 HOUGANG AVE 8 Floor 04 TO 06 | 1,593sqft | S$980,000 | ▼S$615 -5.2% vs FV | 99yr from 1987 |
Blk 622 HOUGANG AVE 8
May 2026 · Floor 01 TO 03
-16.3% vs FV
Blk 622 HOUGANG AVE 8
May 2026 · Floor 01 TO 03
-16.3% vs FV
Blk 633 HOUGANG AVE 8
May 2026 · Floor 01 TO 03
-11.7% vs FV
Blk 633 HOUGANG AVE 8
Jan 2026 · Floor 07 TO 09
+1.5% vs FV
Blk 654 HOUGANG AVE 8
Jan 2026 · Floor 01 TO 03
-9.9% vs FV
Blk 615 HOUGANG AVE 8
Jan 2026 · Floor 10 TO 12
-5.9% vs FV
Blk 615 HOUGANG AVE 8
Jan 2026 · Floor 10 TO 12
+0.8% vs FV
Blk 628 HOUGANG AVE 8
Nov 2025 · Floor 04 TO 06
-4.5% vs FV
Blk 633 HOUGANG AVE 8
Nov 2025 · Floor 01 TO 03
-13.7% vs FV
Blk 628 HOUGANG AVE 8
Aug 2025 · Floor 07 TO 09
-3.9% vs FV
Blk 633 HOUGANG AVE 8
Jul 2025 · Floor 04 TO 06
-5.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property located in Hougang, with a remaining lease of 75 years, reflects a robust market position, estimated at $3,316,483 or $649 PSF. This valuation is significantly above the market baseline, indicating an impressive 80.3% difference, which suggests a strong demand for properties within this area. The high confidence level in the model, corroborated by the analysis of 228 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation.
In the current real estate landscape of Singapore, HDB properties, particularly those with longer remaining leases, are witnessing heightened interest due to their accessibility and investment potential. The Hougang district, known for its vibrant community and comprehensive amenities, is increasingly becoming a preferred choice among buyers. This elevated valuation underlines the dynamic interplay of local market demand, demographic trends, and the enduring appeal of HDB living, positioning this property as a lucrative investment opportunity in a competitive marketplace.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.