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: L3008022J
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Automated Valuation based on 224 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
224 comps
Nearest MRT
Hougang
700m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
224 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 · 224 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 presents a compelling valuation narrative, with an estimated value of $3,312,261, equating to approximately $648 PSF. This valuation comes amidst a robust market signal indicating an 80.5% premium above the baseline, underscoring the unique characteristics of this property that set it apart from its peers. The remaining lease of 75 years is a significant aspect, providing prospective buyers with a substantial tenure that enhances the property’s appeal in the long-term residential landscape of Singapore.
Market dynamics in Hougang reflect a strategic interest among buyers, supported by a strong model confidence rating categorized as high. This confidence is further substantiated by an analysis of 224 recent HDB resale transactions in the vicinity, which indicates a healthy demand trajectory in the area. The valuation not only aligns with current market trends but also reflects the desirability of HDB Executive flats in established neighborhoods like Hougang, where amenities and connectivity continue to evolve, driving sustained interest and investment potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.