244 Hougang Street 22 530244, Lorong Ah Soo, North-east Region, Singapore
$428,000
** New Exclusive Listing ** ** No Extension Required ** ** Suitable for downgrades / rightsizing** ** Contact Sam Lim at 8877-7722 for exclusive viewing today ** 244 Hougang Street 22 721 Sqft of Living Space - No extension required - Spacious and Squarish Layout - Original Condition, easy to renovate MRT Nearby: - Kovan MRT (NE13) - 10mins walk away - Defu MRT (CR7) - 11mins walk away - Hougang MRT (NE14/CR8) - 17mins walk away Schools Nearby: - Yuying Secondary School - 126m away - Xinghua Primary School - 193m away - Holy Innocents' Primary School - 983m away - Paya Lebar Methodist Girls' School (Secondary) - 984m away - Paya Lebar Methodist Girls' School (Primary) - 1199m away - Holy Innocents' High School - 1617m away - Montfort Junior School - 1782m away - Xinmin Primary School - 1784m away - CHIJ Our lady of nativity - 1795m away - Montfort Secondary School - 1864m away Shops Nearby: - Heartland mall - 10mins walk away - Yen's Grocer - 6mins walk away - Prime Supermarket - 6mins walk away - Sheng Siong - 7mins walk away - Cold Storage - 9mins walk away' - Scarlett - 9mins walk away - Fairprice - 10mins walk away - The Foodcellar - 12mins walk away
The following locations are within radius of this property, with distance shown in kilometers.
Loading map...
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…
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 6 HDB resale transactions (data.gov.sg)
Fair Value
S$342,903
S$476 psf
Asking Price
S$428,000
S$594 psf
vs Market
+24.8%
vs Last Done
+4.4%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
Low
6 comps
Nearest MRT
Kovan
794m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
6 comparable transactions
S$583
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$476
Recent Comparable Transactions
6 shown · 6 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 244 HOUGANG ST 22 Floor 04 TO 06 | 721sqft | S$410,000 | ▲S$569 +19.5% vs FV | 99yr from 1984 |
Apr 2026 | Blk 244 HOUGANG ST 22 Floor 04 TO 06 | 721sqft | S$410,000 | ▲S$569 +19.5% vs FV | 99yr from 1984 |
Apr 2025 | Blk 244 HOUGANG ST 22 Floor 04 TO 06 | 721sqft | S$438,000 | ▲S$607 +27.5% vs FV | 99yr from 1984 |
Apr 2025 | Blk 244 HOUGANG ST 22 Floor 07 TO 09 | 721sqft | S$418,000 | ▲S$580 +21.8% vs FV | 99yr from 1984 |
Mar 2025 | Blk 244 HOUGANG ST 22 Floor 01 TO 03 | 721sqft | S$410,000 | ▲S$569 +19.5% vs FV | 99yr from 1984 |
Feb 2025 | Blk 244 HOUGANG ST 22 Floor 07 TO 09 | 721sqft | S$418,000 | ▲S$580 +21.8% vs FV | 99yr from 1984 |
Oct 2024 | Blk 244 HOUGANG ST 22 Floor 10 TO 12 | 721sqft | S$428,000 | ▲S$593 +24.6% vs FV | 99yr from 1984 |
Blk 244 HOUGANG ST 22
Apr 2026 · Floor 04 TO 06
+19.5% vs FV
Blk 244 HOUGANG ST 22
Apr 2026 · Floor 04 TO 06
+19.5% vs FV
Blk 244 HOUGANG ST 22
Apr 2025 · Floor 04 TO 06
+27.5% vs FV
Blk 244 HOUGANG ST 22
Apr 2025 · Floor 07 TO 09
+21.8% vs FV
Blk 244 HOUGANG ST 22
Mar 2025 · Floor 01 TO 03
+19.5% vs FV
Blk 244 HOUGANG ST 22
Feb 2025 · Floor 07 TO 09
+21.8% vs FV
Blk 244 HOUGANG ST 22
Oct 2024 · Floor 10 TO 12
+24.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room unit in Hougang, set at an estimated value of $342,903, equates to a price per square foot (PSF) of $476. This valuation is notably positioned above the market baseline, reflecting a significant 24.8% premium compared to comparable properties in the vicinity. Such a differential indicates a strong demand for HDB units in this area, driven by various local socio-economic factors, including accessibility to amenities and public transport links.
However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only six recent resale transactions. This scarcity of data may affect the reliability of the market signals, suggesting that potential buyers should exercise caution. With a remaining lease of 56 years, the property faces typical concerns associated with leasehold properties in Singapore, where the diminishing lease can impact long-term value appreciation. As such, while the current valuation reflects a robust market sentiment, prospective buyers should consider both the lease duration and market dynamics before making investment decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.