707 Hougang Avenue 2 530707, Kovan, North-east Region, Singapore
$900 /month
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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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Estimated sale value based on 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$60,984
S$469 psf
Asking Price
S$900
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Hougang
671m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$555
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$469
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 707 HOUGANG AVE 2 Floor 10 TO 12 | 1,302sqft | S$720,800 | ▲S$553 +17.9% vs FV | 99yr from 1986 |
Aug 2025 | Blk 707 HOUGANG AVE 2 Floor 10 TO 12 | 1,302sqft | S$720,800 | ▲S$553 +17.9% vs FV | 99yr from 1986 |
Aug 2025 | Blk 707 HOUGANG AVE 2 Floor 07 TO 09 | 1,302sqft | S$730,000 | ▲S$560 +19.4% vs FV | 99yr from 1986 |
Feb 2025 | Blk 707 HOUGANG AVE 2 Floor 13 TO 15 | 1,302sqft | S$718,000 | ▲S$551 +17.5% vs FV | 99yr from 1986 |
Blk 707 HOUGANG AVE 2
Aug 2025 · Floor 10 TO 12
+17.9% vs FV
Blk 707 HOUGANG AVE 2
Aug 2025 · Floor 10 TO 12
+17.9% vs FV
Blk 707 HOUGANG AVE 2
Aug 2025 · Floor 07 TO 09
+19.4% vs FV
Blk 707 HOUGANG AVE 2
Feb 2025 · Floor 13 TO 15
+17.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room property in Hougang, with a remaining lease of 58 years, stands at an estimated value of $60,984, translating to a price per square foot (PSF) of $469. This valuation reflects a market signal that aligns closely with the baseline, indicating a 0% difference from the average market price in the vicinity. Such stability in pricing suggests a balanced demand-supply dynamic in the Hougang area, where recent transactions have not deviated significantly from established benchmarks.
However, it is crucial to note that the model confidence for this valuation is categorized as low, which implies that the data-driven analysis may be influenced by various external factors, including economic conditions and buyer sentiment. The reliance on only three recent HDB resale transactions in the vicinity may further amplify the uncertainty surrounding this valuation. Investors and homeowners should consider these dynamics when evaluating the potential for appreciation or investment viability of this property given its remaining lease period and surrounding market conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.