97 Hougang Avenue 2 533753, Kovan, North-east Region, Singapore
$3,100 /month






!!! Multiple units on hand - enquire for more info! ✅ Rare penthouse 1-bedroom – efficient and functional layout ✅ Bright & breezy with excellent natural light and ventilation ✅ Modern open-concept kitchen with premium fittings ✅ Spacious balcony – perfect for relaxing or alfresco dining ✅ Well-maintained, move-in ready condition ✅ Ideal for singles, young couples, or professionals Contact 8831 XXXX to arrange a viewing today! Location ✅ Nestled in District 19, along Hougang Avenue 2 ✅ Approx. 8-10 min walk to Hougang MRT (NEL & upcoming Cross Island Line) ✅ Surrounded by amenities – coffee shops, supermarkets, wet markets & neighbourhood shops Facilities ✅ Over 128 facilities across 12 clubs – unique “club-condo” concept ✅ 80m lap pool, leisure pools & jacuzzi ✅ Fully-equipped gym, yoga lawn & fitness corners ✅ Clubhouse, karaoke rooms, game rooms & co-working lounge ✅ Tennis courts, BBQ pavilions & landscaped gardens -- Note: Photos used are for illustration. Viewing is highly recommended – experience this penthouse lifestyle for yourself! Text or call 8831.6812 to secure this rare penthouse 1-bedder rental at The Florence Residences today!
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Total Transactions
338
Average Price
S1.3M
Total Value
S444.8M
Calculating fair value from URA transaction data…
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Estimated sale value based on 733 URA transactions · 9 outliers removed (IQR)
Fair Value
S$1.05M
S$1,741 psf
Asking Price
S$3,100
S$6 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
97 yrs
99-year Leasehold · Balance remaining
Confidence
High
733 comps
Nearest MRT
Kovan
765m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
733 comparable transactions
S$1,762
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.941
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
+4%
Adjusted Fair Value PSF
S$1,741
Recent Comparable Transactions
10 shown · 733 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +1.8% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +1.8% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 926sqft | S$1,818,000 | ▲S$1,964 +12.8% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 635sqft | S$1,100,000 | ▼S$1,732 -0.5% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 936sqft | S$1,550,000 | ▼S$1,655 -4.9% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 990sqft | S$1,980,000 | ▲S$1,999 +14.8% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 893sqft | S$1,770,000 | ▲S$1,981 +13.8% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 667sqft | S$1,208,000 | ▲S$1,810 +4.0% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 16-20 | 667sqft | S$1,302,888 | ▲S$1,952 +12.1% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 484sqft | S$850,000 | ▲S$1,755 +0.8% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 635sqft | S$1,125,000 | ▲S$1,771 +1.7% vs FV | 99 yrs lease commencing from 2018 |
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+1.8% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+1.8% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+12.8% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
-0.5% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
-4.9% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+14.8% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+13.8% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+4.0% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 16-20
+12.1% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+0.8% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+1.7% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.