231 Hougang Street 21 530231, Lorong Ah Soo, North-east Region, Singapore
$1,250,000
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
3
Average Price
S4.4M
Total Value
S13.1M
Calculating fair value from URA transaction data…


License: L3002382K
Automated Valuation based on 235 HDB resale transactions (data.gov.sg) · 7 outliers removed (IQR)
Fair Value
S$810,736
S$509 psf
Asking Price
S$1.25M
S$785 psf
vs Market
+54.2%
vs Last Done
+33.7%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
High
235 comps
Nearest MRT
Kovan
381m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
235 comparable transactions
S$606
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.800
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$509
Recent Comparable Transactions
10 shown · 235 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 407 HOUGANG AVE 10 Floor 01 TO 03 | 1,615sqft | S$948,000 | ▲S$587 +15.3% vs FV | 99yr from 1986 |
Mar 2026 | Blk 407 HOUGANG AVE 10 Floor 01 TO 03 | 1,615sqft | S$948,000 | ▲S$587 +15.3% vs FV | 99yr from 1986 |
Mar 2026 | Blk 358 HOUGANG AVE 5 Floor 01 TO 03 | 1,572sqft | S$898,888 | ▲S$572 +12.4% vs FV | 99yr from 1992 |
Mar 2026 | Blk 522 HOUGANG AVE 6 Floor 01 TO 03 | 1,561sqft | S$948,000 | ▲S$607 +19.3% vs FV | 99yr from 1987 |
Mar 2026 | Blk 967 HOUGANG AVE 9 Floor 10 TO 12 | 1,475sqft | S$888,000 | ▲S$602 +18.3% vs FV | 99yr from 1999 |
Mar 2026 | Blk 558 HOUGANG ST 51 Floor 07 TO 09 | 1,593sqft | S$1,008,888 | ▲S$633 +24.4% vs FV | 99yr from 1992 |
Mar 2026 | Blk 144 LOR AH SOO Floor 10 TO 12 | 1,572sqft | S$920,000 | ▲S$585 +14.9% vs FV | 99yr from 1984 |
Feb 2026 | Blk 533 HOUGANG AVE 6 Floor 01 TO 03 | 1,561sqft | S$925,000 | ▲S$593 +16.5% vs FV | 99yr from 1988 |
Feb 2026 | Blk 539 HOUGANG ST 52 Floor 04 TO 06 | 1,668sqft | S$1,060,000 | ▲S$635 +24.8% vs FV | 99yr from 1992 |
Feb 2026 | Blk 972 HOUGANG ST 91 Floor 07 TO 09 | 1,475sqft | S$881,888 | ▲S$598 +17.5% vs FV | 99yr from 1999 |
Feb 2026 | Blk 975 HOUGANG ST 91 Floor 07 TO 09 | 1,475sqft | S$860,000 | ▲S$583 +14.5% vs FV | 99yr from 1999 |
Blk 407 HOUGANG AVE 10
Mar 2026 · Floor 01 TO 03
+15.3% vs FV
Blk 407 HOUGANG AVE 10
Mar 2026 · Floor 01 TO 03
+15.3% vs FV
Blk 358 HOUGANG AVE 5
Mar 2026 · Floor 01 TO 03
+12.4% vs FV
Blk 522 HOUGANG AVE 6
Mar 2026 · Floor 01 TO 03
+19.3% vs FV
Blk 967 HOUGANG AVE 9
Mar 2026 · Floor 10 TO 12
+18.3% vs FV
Blk 558 HOUGANG ST 51
Mar 2026 · Floor 07 TO 09
+24.4% vs FV
Blk 144 LOR AH SOO
Mar 2026 · Floor 10 TO 12
+14.9% vs FV
Blk 533 HOUGANG AVE 6
Feb 2026 · Floor 01 TO 03
+16.5% vs FV
Blk 539 HOUGANG ST 52
Feb 2026 · Floor 04 TO 06
+24.8% vs FV
Blk 972 HOUGANG ST 91
Feb 2026 · Floor 07 TO 09
+17.5% vs FV
Blk 975 HOUGANG ST 91
Feb 2026 · Floor 07 TO 09
+14.5% vs FV
HELIOS AI Analysis
The HDB Executive property located in Hougang presents a compelling valuation of approximately $810,736, translating to a robust $509 per square foot. With a remaining lease of 56 years, this property is positioned in a market that demonstrates significant resilience and attractiveness, evidenced by a substantial valuation that exceeds market expectations by 54.2%. This premium signals strong demand dynamics in the region, driven by both intrinsic property attributes and broader socio-economic factors.
Our analysis, grounded in the recent performance of 235 HDB resale transactions within the vicinity, yields a high model confidence level, affirming the reliability of this valuation. The elevated price per square foot suggests that buyers are willing to invest at a premium for properties in Hougang, possibly due to its strategic location and the amenities available in the area. Thus, the HDB Executive's valuation not only reflects current market trends but also highlights the ongoing desirability of HDB living in Singapore, particularly in neighborhoods that offer a blend of accessibility and community living.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.