237 Hougang Street 21 530237, Lorong Ah Soo, North-east Region, Singapore
$1,100,000
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
11
Average Price
S1.1M
Total Value
S12.0M
Calculating fair value from URA transaction data…
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Automated Valuation based on 5 HDB resale transactions (data.gov.sg)
Fair Value
S$826,538
S$519 psf
Asking Price
S$1.10M
S$691 psf
vs Market
+33.1%
vs Last Done
+20.0%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
Low
5 comps
Nearest MRT
Kovan
564m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
5 comparable transactions
S$636
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.800
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$519
Recent Comparable Transactions
5 shown · 5 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2025 | Blk 237 HOUGANG ST 21 Floor 01 TO 03 | 1,615sqft | S$930,000 | ▲S$576 +11.0% vs FV | 99yr from 1984 |
Jun 2025 | Blk 237 HOUGANG ST 21 Floor 01 TO 03 | 1,615sqft | S$930,000 | ▲S$576 +11.0% vs FV | 99yr from 1984 |
Mar 2025 | Blk 237 HOUGANG ST 21 Floor 13 TO 15 | 1,615sqft | S$1,130,000 | ▲S$700 +34.9% vs FV | 99yr from 1984 |
Feb 2025 | Blk 237 HOUGANG ST 21 Floor 10 TO 12 | 1,615sqft | S$1,100,000 | ▲S$681 +31.2% vs FV | 99yr from 1984 |
Jul 2024 | Blk 237 HOUGANG ST 21 Floor 04 TO 06 | 1,615sqft | S$980,000 | ▲S$607 +17.0% vs FV | 99yr from 1984 |
Jun 2024 | Blk 237 HOUGANG ST 21 Floor 07 TO 09 | 1,593sqft | S$980,000 | ▲S$615 +18.5% vs FV | 99yr from 1984 |
Blk 237 HOUGANG ST 21
Jun 2025 · Floor 01 TO 03
+11.0% vs FV
Blk 237 HOUGANG ST 21
Jun 2025 · Floor 01 TO 03
+11.0% vs FV
Blk 237 HOUGANG ST 21
Mar 2025 · Floor 13 TO 15
+34.9% vs FV
Blk 237 HOUGANG ST 21
Feb 2025 · Floor 10 TO 12
+31.2% vs FV
Blk 237 HOUGANG ST 21
Jul 2024 · Floor 04 TO 06
+17.0% vs FV
Blk 237 HOUGANG ST 21
Jun 2024 · Floor 07 TO 09
+18.5% vs FV
HELIOS AI Analysis
In the dynamic landscape of Singapore's real estate, the valuation of the HDB Executive unit in Hougang, with a remaining lease of 56 years, presents a noteworthy case for analysis. Valued at approximately $826,538, translating to $519 per square foot, this property is currently positioned above the market baseline by an impressive 33.1%. Such a significant premium suggests that the property may be appealing to buyers who are willing to invest in a location that is perceived to have high growth potential or unique attributes that differentiate it from its peers.
However, it is essential to note that the model confidence for this valuation is rated as low, implying a degree of uncertainty in the data. This valuation is derived from only five recent HDB resale transactions in the vicinity, which may not fully capture the broader market dynamics or emerging trends. Investors should exercise caution and conduct further due diligence, considering factors such as the remaining lease period and the overall demand for HDBs in Hougang, which continue to evolve amidst Singapore's shifting economic landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.