238 Hougang Avenue 1 530238, Lorong Ah Soo, North-east Region, Singapore
$990,888
Spacious HDB Maisonette in Hougang! Dual Entrance, dual key possible! Blk 238 Hougang Ave 1 146 sqm | Ground Floor | Park Facing | 59 Years Balance Lease Extremely Rare 5-Room Model A Maisonette | Efficient Layout | Direct Access to Park Nearby Amenities: Provision shop conveniently located at the corner of the block Heartland Mall, Kovan Market & Food Centre Major supermarkets, banks, and more within walking distance Convenient Connectivity: Sheltered walkway to Kovan MRT Well-connected via major bus routes Top Schools Within 1KM: Paya Lebar Methodist Girls’ School (Primary & Secondary) Xinghua Primary School Yuying Secondary School DPS International School Hougang Sheng Hong Student Care Centre Unique Features: Among the largest 5-Room Model A Maisonettes available Ground floor, landed-style living with a garden at the doorstep. Low rise stack. Only one neighbour on top! Dual Entrance with direct park access via rear door Spacious common areas for family relaxation and enjoyment Amazing and friendly neighbours Elevated unit with recess area purchased Toilets undergone HIP and billed Flexible layout: Potential to create a 4th bedroom or dual-key access No Extension Required | Ethnic Integration Policy Restriction Applies Don’t miss this rare opportunity—schedule a viewing today! Faris Malik 9424XXXX PROPNEX REALTY PTE. LTD. CEA Reg No. R070998J / L3008022J
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…
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Automated Valuation based on 73 HDB resale transactions (data.gov.sg)
Fair Value
S$757,471
S$482 psf
Asking Price
S$990,888
S$631 psf
vs Market
+30.8%
vs Last Done
-1.6%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
High
73 comps
Nearest MRT
Kovan
575m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
73 comparable transactions
S$591
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$482
Recent Comparable Transactions
10 shown · 73 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 407 HOUGANG AVE 10 Floor 07 TO 09 | 1,647sqft | S$1,055,000 | ▲S$641 +33.0% vs FV | 99yr from 1986 |
May 2026 | Blk 407 HOUGANG AVE 10 Floor 07 TO 09 | 1,647sqft | S$1,055,000 | ▲S$641 +33.0% vs FV | 99yr from 1986 |
May 2026 | Blk 712 HOUGANG AVE 2 Floor 04 TO 06 | 1,679sqft | S$1,010,000 | ▲S$601 +24.7% vs FV | 99yr from 1986 |
May 2026 | Blk 622 HOUGANG AVE 8 Floor 01 TO 03 | 1,593sqft | S$865,000 | ▲S$543 +12.7% vs FV | 99yr from 1986 |
Apr 2026 | Blk 235 HOUGANG ST 21 Floor 01 TO 03 | 1,668sqft | S$1,085,000 | ▲S$650 +34.9% vs FV | 99yr from 1984 |
Apr 2026 | Blk 128 LOR AH SOO Floor 07 TO 09 | 1,604sqft | S$930,000 | ▲S$580 +20.3% vs FV | 99yr from 1984 |
Mar 2026 | Blk 407 HOUGANG AVE 10 Floor 01 TO 03 | 1,615sqft | S$948,000 | ▲S$587 +21.8% vs FV | 99yr from 1986 |
Mar 2026 | Blk 144 LOR AH SOO Floor 10 TO 12 | 1,572sqft | S$920,000 | ▲S$585 +21.4% vs FV | 99yr from 1984 |
Feb 2026 | Blk 145 LOR AH SOO Floor 01 TO 03 | 1,668sqft | S$988,000 | ▲S$592 +22.8% vs FV | 99yr from 1984 |
Feb 2026 | Blk 141 LOR AH SOO Floor 04 TO 06 | 1,593sqft | S$858,000 | ▲S$539 +11.8% vs FV | 99yr from 1985 |
Jan 2026 | Blk 615 HOUGANG AVE 8 Floor 10 TO 12 | 1,604sqft | S$980,000 | ▲S$611 +26.8% vs FV | 99yr from 1986 |
Blk 407 HOUGANG AVE 10
May 2026 · Floor 07 TO 09
+33.0% vs FV
Blk 407 HOUGANG AVE 10
May 2026 · Floor 07 TO 09
+33.0% vs FV
Blk 712 HOUGANG AVE 2
May 2026 · Floor 04 TO 06
+24.7% vs FV
Blk 622 HOUGANG AVE 8
May 2026 · Floor 01 TO 03
+12.7% vs FV
Blk 235 HOUGANG ST 21
Apr 2026 · Floor 01 TO 03
+34.9% vs FV
Blk 128 LOR AH SOO
Apr 2026 · Floor 07 TO 09
+20.3% vs FV
Blk 407 HOUGANG AVE 10
Mar 2026 · Floor 01 TO 03
+21.8% vs FV
Blk 144 LOR AH SOO
Mar 2026 · Floor 10 TO 12
+21.4% vs FV
Blk 145 LOR AH SOO
Feb 2026 · Floor 01 TO 03
+22.8% vs FV
Blk 141 LOR AH SOO
Feb 2026 · Floor 04 TO 06
+11.8% vs FV
Blk 615 HOUGANG AVE 8
Jan 2026 · Floor 10 TO 12
+26.8% vs FV
HELIOS AI Analysis
The HDB Executive property located in the vibrant neighbourhood of Hougang presents an estimated market value of $757,471, translating to a robust $482 per square foot (PSF). With a remaining lease of 56 years, this property is positioned strategically within a market that is currently exhibiting heightened demand dynamics. The valuation reflects a remarkable 30.8% premium above the baseline, indicating a strong investor sentiment and a willingness to pay more for properties in this locale.
This valuation is underpinned by a comprehensive analysis of 73 recent HDB resale transactions in the vicinity, showcasing a high model confidence level. The Hougang area is increasingly becoming a focal point for potential homeowners due to its accessibility and community amenities. The significant premium over the baseline suggests that buyers are recognizing the intrinsic value associated with the remaining lease term, coupled with the potential for future appreciation in property value as urban development progresses in the region. In conclusion, this HDB Executive property exemplifies a compelling investment opportunity, reflecting both current market trends and the enduring appeal of Hougang as a desirable residential enclave.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.