690 Hougang Street 61 530690, Hougang West, North-east Region, Singapore
$700 /month
The following locations are within radius of this property, with distance shown in kilometers.
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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 1 HDB resale transactions (data.gov.sg)
Fair Value
S$50,496
S$505 psf
Asking Price
S$700
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Hougang
972m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$587
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$505
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 690 HOUGANG ST 61 Floor 10 TO 12 | 1,302sqft | S$765,000 | ▲S$587 +16.2% vs FV | 99yr from 1987 |
Feb 2026 | Blk 690 HOUGANG ST 61 Floor 10 TO 12 | 1,302sqft | S$765,000 | ▲S$587 +16.2% vs FV | 99yr from 1987 |
Blk 690 HOUGANG ST 61
Feb 2026 · Floor 10 TO 12
+16.2% vs FV
Blk 690 HOUGANG ST 61
Feb 2026 · Floor 10 TO 12
+16.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Hougang, with a remaining lease of 59 years, has been estimated at $50,496 or $505 PSF. This valuation remains consistent with the market price, indicating a 0% difference from the baseline. Such stability in pricing suggests that the property is currently in alignment with prevailing market conditions, reflecting a neutral sentiment among buyers and sellers in the area. However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, which is based on only one recent HDB resale transaction in the vicinity.
The Hougang area has traditionally been a sought-after location due to its accessibility and community amenities. However, the remaining lease of 59 years could influence buyer sentiment and long-term investment perspectives, particularly as the property approaches the 60-year mark, which often raises concerns regarding lease decay. As such, prospective buyers may need to weigh the implications of a diminishing lease against the current valuation, especially in a market where HDB flats with shorter remaining leases may be less attractive. In conclusion, while the property reflects stable pricing, the low model confidence and the lease duration should be critical considerations for stakeholders in the current real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.