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 valuation of the HDB Executive unit located in Hougang presents a compelling opportunity within the current property landscape. With a remaining lease of 75 years, this property commands an estimated value of $3,313,615, translating to a price per square foot of $648. This valuation positions the unit significantly above market expectations, reflecting an 80.5% difference from the baseline. Such a premium indicates robust demand dynamics and a potential inclination for buyers to invest in properties with longer leases, particularly in sought-after regions such as Hougang.
The model confidence for this valuation is rated as high, drawing upon data from 220 recent HDB resale transactions in the vicinity. The strong performance of similar properties enhances the credibility of this valuation, suggesting that buyers may be willing to pay a premium for desirable features such as proximity to amenities and established community networks. As the market continues to evolve, the attractiveness of properties with substantial remaining leases becomes increasingly pronounced, indicating that this HDB Executive unit could represent a strategic investment for discerning buyers looking to capitalize on Singapore's dynamic real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.