238 Hougang Avenue 1 530238, Lorong Ah Soo, North-east Region, Singapore
$1,038,000









Spacious 5-Room HDB Maisonette in Hougang! Dual Entrance, dual key possible! Blk 238 Hougang Ave 1 146 sqm | Ground Floor | Park Facing | 59 Years Balance Lease Extremely Rare 5-Room Model A Maisonette | Efficient Layout | Direct Access to Park Nearby Amenities: Provision shop conveniently located at the corner of the block Heartland Mall, Kovan Market & Food Centre Major supermarkets, banks, and more within walking distance Convenient Connectivity: Sheltered walkway to Kovan MRT Well-connected via major bus routes Top Schools Within 1KM: Paya Lebar Methodist Girls’ School (Primary & Secondary) Xinghua Primary School Yuying Secondary School DPS International School Hougang Sheng Hong Student Care Centre Unique Features: Among the largest 5-Room Model A Maisonettes available Ground floor, landed-style living with a garden at the doorstep Dual Entrance with direct park access via rear door Spacious common areas for family relaxation and enjoyment Amazing and friendly neighbours Elevated unit with recess area purchased Toilets undergone HIP and billed Flexible layout: Potential to create a 4th bedroom or dual-key access No Extension Required | Ethnic Integration Policy Restriction Applies Don’t miss this rare opportunity—schedule a viewing today! Faris Malik 9424XXXX PROPNEX REALTY PTE. LTD. CEA Reg No. R070998J / L3008022J
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: L3008022J
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Automated Valuation based on 8 HDB resale transactions (data.gov.sg)
Fair Value
S$1.08M
S$690 psf
Asking Price
S$1.04M
S$661 psf
vs Market
-4.2%
vs Last Done
-0.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
8 comps
Nearest MRT
Kovan
541m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
8 comparable transactions
S$644
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$690
Recent Comparable Transactions
8 shown · 8 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 238 HOUGANG AVE 1 Floor 04 TO 06 | 1,464sqft | S$970,000 | ▼S$663 -3.9% vs FV | 99yr from 1984 |
Jan 2026 | Blk 238 HOUGANG AVE 1 Floor 04 TO 06 | 1,464sqft | S$970,000 | ▼S$663 -3.9% vs FV | 99yr from 1984 |
Jan 2026 | Blk 238 HOUGANG AVE 1 Floor 01 TO 03 | 1,464sqft | S$905,000 | ▼S$618 -10.4% vs FV | 99yr from 1984 |
Oct 2025 | Blk 238 HOUGANG AVE 1 Floor 07 TO 09 | 1,464sqft | S$975,000 | ▼S$666 -3.5% vs FV | 99yr from 1984 |
May 2025 | Blk 238 HOUGANG AVE 1 Floor 01 TO 03 | 1,485sqft | S$915,000 | ▼S$616 -10.7% vs FV | 99yr from 1984 |
Dec 2024 | Blk 238 HOUGANG AVE 1 Floor 01 TO 03 | 1,485sqft | S$915,000 | ▼S$616 -10.7% vs FV | 99yr from 1984 |
Nov 2024 | Blk 238 HOUGANG AVE 1 Floor 07 TO 09 | 1,485sqft | S$975,000 | ▼S$656 -4.9% vs FV | 99yr from 1984 |
Aug 2024 | Blk 238 HOUGANG AVE 1 Floor 10 TO 12 | 1,485sqft | S$988,000 | ▼S$665 -3.6% vs FV | 99yr from 1984 |
Jul 2024 | Blk 238 HOUGANG AVE 1 Floor 04 TO 06 | 1,485sqft | S$968,000 | ▼S$652 -5.5% vs FV | 99yr from 1984 |
Blk 238 HOUGANG AVE 1
Jan 2026 · Floor 04 TO 06
-3.9% vs FV
Blk 238 HOUGANG AVE 1
Jan 2026 · Floor 04 TO 06
-3.9% vs FV
Blk 238 HOUGANG AVE 1
Jan 2026 · Floor 01 TO 03
-10.4% vs FV
Blk 238 HOUGANG AVE 1
Oct 2025 · Floor 07 TO 09
-3.5% vs FV
Blk 238 HOUGANG AVE 1
May 2025 · Floor 01 TO 03
-10.7% vs FV
Blk 238 HOUGANG AVE 1
Dec 2024 · Floor 01 TO 03
-10.7% vs FV
Blk 238 HOUGANG AVE 1
Nov 2024 · Floor 07 TO 09
-4.9% vs FV
Blk 238 HOUGANG AVE 1
Aug 2024 · Floor 10 TO 12
-3.6% vs FV
Blk 238 HOUGANG AVE 1
Jul 2024 · Floor 04 TO 06
-5.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room property in Hougang, with an estimated value of $1,083,552 at a price per square foot (PSF) of $690, reflects the nuanced dynamics of the current real estate market. With a remaining lease of 75 years, this property exemplifies a desirable balance between longevity and investment potential, catering to a diverse demographic of homebuyers seeking both quality living conditions and long-term value appreciation.
The market signal indicates a 4.2% difference from the baseline, suggesting a slight upward momentum in pricing, likely influenced by several factors including the demand for spacious HDB units within well-established neighborhoods. The valuation is bolstered by analysis of 8 recent HDB resale transactions in the vicinity, which underscores the ongoing interest in Hougang as a residential hub. Although the model confidence is assessed as medium, this valuation presents a compelling opportunity for investors and homeowners alike, particularly in a market characterized by shifting buyer preferences and evolving urban landscapes.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.