708 Hougang Avenue 2 530708, Kovan, North-east Region, Singapore
$599,000
Experience the comfort of modern living in this spacious 3-bedroom, 2-bathroom HDB unit for sale, available now! Spanning 1023 sqft, this property located at 708, Hougang Avenue 2, Singapore, is perfect for families seeking a vibrant community. The unit features air conditioning for those warm days, built-in wardrobes for ample storage, and a well-equipped kitchen to inspire your culinary adventures. Enjoy the convenience of being just a short distance from Hougang MRT Station (1.1 km) and Kovan MRT Station (1.5 km), making your daily commute seamless. Families will appreciate the proximity to Xinmin Secondary School (1.2 km) and Little Paddington Preschool & Infant Care Kovan (1.3 km), ensuring quality education options for your children. For your shopping needs, the Rainbow Supermart Pte Ltd (1.6 km) and Giant Express (1.0 km) are nearby, along with Heartland Mall Kovan (1.5 km) and The Midtown (1.0 km) for leisure and retail therapy. Don't miss your chance to own this beautiful home in a thriving neighborhood. Act now and make this your dream residence!
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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: L3002382K
Automated Valuation based on 488 HDB resale transactions (data.gov.sg) · 12 outliers removed (IQR)
Fair Value
S$516,305
S$505 psf
Asking Price
S$599,000
S$586 psf
vs Market
+16.0%
vs Last Done
-14.1%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
High
488 comps
Nearest MRT
Hougang
615m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
488 comparable transactions
S$608
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$505
Recent Comparable Transactions
10 shown · 488 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 997C BUANGKOK CRES Floor 16 TO 18 | 1,001sqft | S$683,000 | ▲S$682 +35.0% vs FV | 99yr from 2018 |
Mar 2026 | Blk 997C BUANGKOK CRES Floor 16 TO 18 | 1,001sqft | S$683,000 | ▲S$682 +35.0% vs FV | 99yr from 2018 |
Mar 2026 | Blk 996B BUANGKOK CRES Floor 01 TO 03 | 990sqft | S$595,000 | ▲S$601 +19.0% vs FV | 99yr from 2019 |
Mar 2026 | Blk 987A BUANGKOK GREEN Floor 07 TO 09 | 1,001sqft | S$635,000 | ▲S$634 +25.5% vs FV | 99yr from 2015 |
Mar 2026 | Blk 987C BUANGKOK GREEN Floor 13 TO 15 | 1,001sqft | S$660,000 | ▲S$659 +30.5% vs FV | 99yr from 2015 |
Mar 2026 | Blk 987C BUANGKOK GREEN Floor 16 TO 18 | 990sqft | S$628,000 | ▲S$634 +25.5% vs FV | 99yr from 2015 |
Mar 2026 | Blk 992B BUANGKOK LINK Floor 04 TO 06 | 1,001sqft | S$655,000 | ▲S$654 +29.5% vs FV | 99yr from 2019 |
Mar 2026 | Blk 991A BUANGKOK LINK Floor 01 TO 03 | 1,001sqft | S$616,000 | ▲S$615 +21.8% vs FV | 99yr from 2019 |
Mar 2026 | Blk 172 HOUGANG AVE 1 Floor 01 TO 03 | 1,087sqft | S$610,000 | ▲S$561 +11.1% vs FV | 99yr from 1997 |
Mar 2026 | Blk 106 HOUGANG AVE 1 Floor 01 TO 03 | 1,023sqft | S$500,000 | ▼S$489 -3.2% vs FV | 99yr from 1984 |
Mar 2026 | Blk 711 HOUGANG AVE 2 Floor 04 TO 06 | 1,001sqft | S$565,888 | ▲S$565 +11.9% vs FV | 99yr from 1986 |
Blk 997C BUANGKOK CRES
Mar 2026 · Floor 16 TO 18
+35.0% vs FV
Blk 997C BUANGKOK CRES
Mar 2026 · Floor 16 TO 18
+35.0% vs FV
Blk 996B BUANGKOK CRES
Mar 2026 · Floor 01 TO 03
+19.0% vs FV
Blk 987A BUANGKOK GREEN
Mar 2026 · Floor 07 TO 09
+25.5% vs FV
Blk 987C BUANGKOK GREEN
Mar 2026 · Floor 13 TO 15
+30.5% vs FV
Blk 987C BUANGKOK GREEN
Mar 2026 · Floor 16 TO 18
+25.5% vs FV
Blk 992B BUANGKOK LINK
Mar 2026 · Floor 04 TO 06
+29.5% vs FV
Blk 991A BUANGKOK LINK
Mar 2026 · Floor 01 TO 03
+21.8% vs FV
Blk 172 HOUGANG AVE 1
Mar 2026 · Floor 01 TO 03
+11.1% vs FV
Blk 106 HOUGANG AVE 1
Mar 2026 · Floor 01 TO 03
-3.2% vs FV
Blk 711 HOUGANG AVE 2
Mar 2026 · Floor 04 TO 06
+11.9% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Hougang, with an estimated value of $516,305 and a price per square foot (PSF) of $505, reflects a premium positioning within the current market landscape. With a remaining lease of 57 years, this property holds a strategic advantage in a district that exhibits strong demand dynamics. The valuation indicates a notable 16% increase above the baseline market price, suggesting robust buyer sentiment and a competitive bidding environment in the locality.
Analysis based on 488 recent HDB resale transactions in the vicinity reveals a high model confidence level, reinforcing the assertion that this property is highly sought after. Factors contributing to this above-market valuation include the area's accessibility, amenities, and the overall appeal of HDB living in Hougang. As the market continues to evolve, potential investors and homeowners should consider the implications of lease tenure on property value, particularly in a landscape where demand for long-lease properties remains resilient.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.