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…


License: L3002382K
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Automated Valuation based on 220 HDB resale transactions (data.gov.sg) · 9 outliers removed (IQR)
Fair Value
S$3.31M
S$648 psf
Asking Price
S$5.98M
S$3,738 psf
vs Market
+80.5%
vs Last Done
+467.2%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
220 comps
Nearest MRT
Hougang
700m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
220 comparable transactions
S$605
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$648
Recent Comparable Transactions
10 shown · 220 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 633 HOUGANG AVE 8 Floor 07 TO 09 | 1,593sqft | S$1,050,000 | ▲S$659 +1.7% vs FV | 99yr from 1987 |
Jan 2026 | Blk 633 HOUGANG AVE 8 Floor 07 TO 09 | 1,593sqft | S$1,050,000 | ▲S$659 +1.7% vs FV | 99yr from 1987 |
Jan 2026 | Blk 654 HOUGANG AVE 8 Floor 01 TO 03 | 1,572sqft | S$920,000 | ▼S$585 -9.7% vs FV | 99yr from 1987 |
Jan 2026 | Blk 615 HOUGANG AVE 8 Floor 10 TO 12 | 1,604sqft | S$980,000 | ▼S$611 -5.7% vs FV | 99yr from 1986 |
Jan 2026 | Blk 615 HOUGANG AVE 8 Floor 10 TO 12 | 1,528sqft | S$1,000,000 | ▲S$654 +0.9% vs FV | 99yr from 1986 |
Nov 2025 | Blk 628 HOUGANG AVE 8 Floor 04 TO 06 | 1,593sqft | S$988,000 | ▼S$620 -4.3% vs FV | 99yr from 1986 |
Nov 2025 | Blk 633 HOUGANG AVE 8 Floor 01 TO 03 | 1,625sqft | S$909,940 | ▼S$560 -13.6% vs FV | 99yr from 1987 |
Aug 2025 | Blk 628 HOUGANG AVE 8 Floor 07 TO 09 | 1,593sqft | S$994,000 | ▼S$624 -3.7% vs FV | 99yr from 1986 |
Jul 2025 | Blk 633 HOUGANG AVE 8 Floor 04 TO 06 | 1,593sqft | S$980,000 | ▼S$615 -5.1% vs FV | 99yr from 1987 |
Jul 2025 | Blk 646 HOUGANG AVE 8 Floor 01 TO 03 | 1,625sqft | S$990,000 | ▼S$609 -6.0% vs FV | 99yr from 1987 |
Jul 2025 | Blk 615 HOUGANG AVE 8 Floor 01 TO 03 | 1,604sqft | S$888,888 | ▼S$554 -14.5% vs FV | 99yr from 1986 |
Blk 633 HOUGANG AVE 8
Jan 2026 · Floor 07 TO 09
+1.7% vs FV
Blk 633 HOUGANG AVE 8
Jan 2026 · Floor 07 TO 09
+1.7% vs FV
Blk 654 HOUGANG AVE 8
Jan 2026 · Floor 01 TO 03
-9.7% vs FV
Blk 615 HOUGANG AVE 8
Jan 2026 · Floor 10 TO 12
-5.7% vs FV
Blk 615 HOUGANG AVE 8
Jan 2026 · Floor 10 TO 12
+0.9% vs FV
Blk 628 HOUGANG AVE 8
Nov 2025 · Floor 04 TO 06
-4.3% vs FV
Blk 633 HOUGANG AVE 8
Nov 2025 · Floor 01 TO 03
-13.6% vs FV
Blk 628 HOUGANG AVE 8
Aug 2025 · Floor 07 TO 09
-3.7% vs FV
Blk 633 HOUGANG AVE 8
Jul 2025 · Floor 04 TO 06
-5.1% vs FV
Blk 646 HOUGANG AVE 8
Jul 2025 · Floor 01 TO 03
-6.0% vs FV
Blk 615 HOUGANG AVE 8
Jul 2025 · Floor 01 TO 03
-14.5% vs FV
HELIOS AI Analysis
The HDB Executive property located in Hougang has been appraised at an estimated value of $3,313,615, translating to a notable $648 PSF. With a remaining lease of 75 years, this unit is positioned within a robust market dynamic that reflects significant demand for executive HDBs in this region. The valuation indicates a remarkable 80.5% difference from the baseline market assessment, suggesting that this property commands a premium status amidst prevailing market conditions.
Our analysis is supported by data drawn from 220 recent HDB resale transactions within the vicinity, reinforcing a high model confidence in this valuation. The elevated price point can be attributed to several factors, including the strategic location of Hougang, a well-established neighborhood with comprehensive amenities and connectivity. Additionally, the enduring appeal of executive HDBs, coupled with limited supply in the market, further bolsters the attractiveness of this asset. As such, potential investors should recognize the intrinsic value of this property not only as a residential space but also as a strategic investment opportunity in Singapore's dynamic real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.