87 Hougang Avenue 2 538862, Kovan, North-east Region, Singapore
$1,990,000
10 Good Reasons to make this your Dream Home! 1) Best efficient layout, private walkway to allow for placement of shoe rack and providing as a privacy screen against ppl looking into unit 2) Enclosed kitchen with windows to allow for ventilation while cooking 3) Good size living and dining area that allows for 4-6 seater. Living room is a spacious full length wall for that allows a 55” inch TV or bigger 4) Nice good size balcony that allows to fit an outdoor dining set to enjoy alfresco dining. Comes with Zip Trak done and can utilise the area for dining or an extra space 5) All bathrooms comes with windows for natural lighting and ventilation 6) All good size bedrooms that can fit in a queen size bed. Master bedroom can even fit in a king size bed 7) Just 7 mins walk to Hougang MRT Station 8) Within 1km to Xinmin, Montfort, Holy Innocents Primary School. Proximity to French International School. 9) Within 8 mins walk to Heartland Mall and close to nearby eateries and daily amenities 10) Closely link to CTE, TPE to various parts of Singapore Call Wendeline Goh @ 9108XXXX now to arrange for a viewing Visit: www.erawendelinegoh.com to know more about me and my profile
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Total Transactions
338
Average Price
S1.3M
Total Value
S444.8M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 760 URA transactions · 10 outliers removed (IQR)
Fair Value
S$1.63M
S$1,684 psf
Asking Price
S$1.99M
S$2,054 psf
vs Market
+21.9%
vs Last Done
+15.8%
Tenure
97 yrs
99-year Leasehold · Balance remaining
Confidence
High
760 comps
Nearest MRT
Kovan
765m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
760 comparable transactions
S$1,761
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.941
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,684
Recent Comparable Transactions
10 shown · 760 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +5.3% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +5.3% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 926sqft | S$1,818,000 | ▲S$1,964 +16.6% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 635sqft | S$1,100,000 | ▲S$1,732 +2.9% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 936sqft | S$1,550,000 | ▼S$1,655 -1.7% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 990sqft | S$1,980,000 | ▲S$1,999 +18.7% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 893sqft | S$1,770,000 | ▲S$1,981 +17.6% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 667sqft | S$1,208,000 | ▲S$1,810 +7.5% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 16-20 | 667sqft | S$1,302,888 | ▲S$1,952 +15.9% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 484sqft | S$850,000 | ▲S$1,755 +4.2% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 635sqft | S$1,125,000 | ▲S$1,771 +5.2% vs FV | 99 yrs lease commencing from 2018 |
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+5.3% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+5.3% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+16.6% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+2.9% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
-1.7% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+18.7% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+17.6% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+7.5% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 16-20
+15.9% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+4.2% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+5.2% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.