438 Hougang Avenue 8 530438, Hougang East, North-east Region, Singapore
$745,000
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…
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Automated Valuation based on 137 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$587,319
S$520 psf
Asking Price
S$745,000
S$659 psf
vs Market
+26.8%
vs Last Done
+4.9%
Tenure
62 yrs
99-year Leasehold · Balance remaining
Confidence
High
137 comps
Nearest MRT
Buangkok
541m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
137 comparable transactions
S$575
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.886
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$520
Recent Comparable Transactions
10 shown · 137 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 512 HOUGANG AVE 10 Floor 07 TO 09 | 904sqft | S$568,000 | ▲S$628 +20.8% vs FV | 99yr from 1987 |
May 2026 | Blk 512 HOUGANG AVE 10 Floor 07 TO 09 | 904sqft | S$568,000 | ▲S$628 +20.8% vs FV | 99yr from 1987 |
May 2026 | Blk 448 HOUGANG AVE 10 Floor 10 TO 12 | 1,130sqft | S$625,000 | ▲S$553 +6.3% vs FV | 99yr from 1990 |
May 2026 | Blk 513 HOUGANG AVE 10 Floor 04 TO 06 | 904sqft | S$570,000 | ▲S$630 +21.2% vs FV | 99yr from 1986 |
May 2026 | Blk 711 HOUGANG AVE 2 Floor 04 TO 06 | 1,001sqft | S$545,000 | ▲S$544 +4.6% vs FV | 99yr from 1986 |
May 2026 | Blk 424 HOUGANG AVE 6 Floor 01 TO 03 | 1,130sqft | S$630,000 | ▲S$557 +7.1% vs FV | 99yr from 1989 |
May 2026 | Blk 629 HOUGANG AVE 8 Floor 07 TO 09 | 1,119sqft | S$616,000 | ▲S$550 +5.8% vs FV | 99yr from 1986 |
May 2026 | Blk 613 HOUGANG AVE 8 Floor 01 TO 03 | 904sqft | S$475,000 | ▲S$525 +1.0% vs FV | 99yr from 1986 |
May 2026 | Blk 648 HOUGANG AVE 8 Floor 04 TO 06 | 904sqft | S$500,000 | ▲S$553 +6.3% vs FV | 99yr from 1987 |
May 2026 | Blk 540 HOUGANG AVE 8 Floor 10 TO 12 | 1,119sqft | S$655,000 | ▲S$585 +12.5% vs FV | 99yr from 1989 |
May 2026 | Blk 693 HOUGANG ST 61 Floor 04 TO 06 | 958sqft | S$568,888 | ▲S$594 +14.2% vs FV | 99yr from 1987 |
Blk 512 HOUGANG AVE 10
May 2026 · Floor 07 TO 09
+20.8% vs FV
Blk 512 HOUGANG AVE 10
May 2026 · Floor 07 TO 09
+20.8% vs FV
Blk 448 HOUGANG AVE 10
May 2026 · Floor 10 TO 12
+6.3% vs FV
Blk 513 HOUGANG AVE 10
May 2026 · Floor 04 TO 06
+21.2% vs FV
Blk 711 HOUGANG AVE 2
May 2026 · Floor 04 TO 06
+4.6% vs FV
Blk 424 HOUGANG AVE 6
May 2026 · Floor 01 TO 03
+7.1% vs FV
Blk 629 HOUGANG AVE 8
May 2026 · Floor 07 TO 09
+5.8% vs FV
Blk 613 HOUGANG AVE 8
May 2026 · Floor 01 TO 03
+1.0% vs FV
Blk 648 HOUGANG AVE 8
May 2026 · Floor 04 TO 06
+6.3% vs FV
Blk 540 HOUGANG AVE 8
May 2026 · Floor 10 TO 12
+12.5% vs FV
Blk 693 HOUGANG ST 61
May 2026 · Floor 04 TO 06
+14.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 62 years, stands at an estimated value of $587,319, translating to a price per square foot (PSF) of $520. This valuation suggests a significant premium in the current market, positioning the property at a remarkable 26.8% above the baseline market value. Such a robust valuation reflects the strong demand dynamics in the Hougang area, where recent resale transactions indicate a competitive landscape among buyers.
Analyzing the market signals, the high model confidence—supported by 137 recent HDB resale transactions—reinforces the reliability of this valuation. The sustained interest in HDB properties, particularly in well-connected and established neighborhoods like Hougang, is likely driven by the area's comprehensive amenities and transportation links. As the property market continues to evolve, the longevity of the remaining lease, coupled with the strategic location, positions this HDB unit as a compelling option for discerning buyers seeking both stability and growth in their real estate investments.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.