565 Hougang Street 51 530565, Hougang West, North-east Region, Singapore
$3,450 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
22
Average Price
S893K
Total Value
S19.6M
Calculating fair value from URA transaction data…


License: L3010497H
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Estimated sale value based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$570,967
S$510 psf
Asking Price
S$3,450
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
64 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Buangkok
610m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$547
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.914
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$510
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | Blk 565 HOUGANG ST 51 Floor 07 TO 09 | 1,119sqft | S$600,000 | ▲S$536 +5.1% vs FV | 99yr from 1992 |
Jul 2025 | Blk 565 HOUGANG ST 51 Floor 07 TO 09 | 1,119sqft | S$600,000 | ▲S$536 +5.1% vs FV | 99yr from 1992 |
Jul 2025 | Blk 565 HOUGANG ST 51 Floor 04 TO 06 | 1,119sqft | S$625,000 | ▲S$558 +9.4% vs FV | 99yr from 1992 |
Blk 565 HOUGANG ST 51
Jul 2025 · Floor 07 TO 09
+5.1% vs FV
Blk 565 HOUGANG ST 51
Jul 2025 · Floor 07 TO 09
+5.1% vs FV
Blk 565 HOUGANG ST 51
Jul 2025 · Floor 04 TO 06
+9.4% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Hougang, with a remaining lease of 64 years, is estimated at $570,967 (equating to $510 PSF). This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a period of stability in the local real estate market. The absence of price variation could indicate a balance between supply and demand, with potential buyers and sellers arriving at a consensus on value based on recent transactions.
It is noteworthy that the model confidence for this valuation is categorized as low, stemming from an analysis grounded in only two recent HDB resale transactions in the vicinity. Such a limited dataset may not fully encapsulate the broader market dynamics or the variances that can occur in property values due to other influencing factors, such as location-specific amenities or future urban developments. As the Hougang area continues to evolve, stakeholders should remain vigilant and consider these elements when assessing the long-term value trajectory of HDB properties in this vibrant precinct.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.