123 Hougang Avenue 1 530123, Lorong Ah Soo, North-east Region, Singapore
$599,000
Rare corner unit with privacy Mid floor Bright and breezy unit Walking Distance To Lorong Ah Soo Market / Food Centre Convenient Location With Lots Of Amenities Bright And Windy Unit Mins walk to Paya Lebar Methodist Girls School Serious seller Viewing By Appointment Only! Call Now! Madeline @ 9640XXXX
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
2
Average Price
S3.4M
Total Value
S6.8M
Calculating fair value from URA transaction data…


License: L3008090C
Automated Valuation based on 489 HDB resale transactions (data.gov.sg) · 11 outliers removed (IQR)
Fair Value
S$469,376
S$479 psf
Asking Price
S$599,000
S$611 psf
vs Market
+27.6%
vs Last Done
-10.4%
Tenure
54 yrs
99-year Leasehold · Balance remaining
Confidence
High
489 comps
Nearest MRT
Kovan
758m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
489 comparable transactions
S$609
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.771
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$479
Recent Comparable Transactions
10 shown · 489 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 +42.4% vs FV | 99yr from 2018 |
Mar 2026 | Blk 997C BUANGKOK CRES Floor 16 TO 18 | 1,001sqft | S$683,000 | ▲S$682 +42.4% vs FV | 99yr from 2018 |
Mar 2026 | Blk 996B BUANGKOK CRES Floor 01 TO 03 | 990sqft | S$595,000 | ▲S$601 +25.5% vs FV | 99yr from 2019 |
Mar 2026 | Blk 987A BUANGKOK GREEN Floor 07 TO 09 | 1,001sqft | S$635,000 | ▲S$634 +32.4% vs FV | 99yr from 2015 |
Mar 2026 | Blk 987C BUANGKOK GREEN Floor 13 TO 15 | 1,001sqft | S$660,000 | ▲S$659 +37.6% vs FV | 99yr from 2015 |
Mar 2026 | Blk 987C BUANGKOK GREEN Floor 16 TO 18 | 990sqft | S$628,000 | ▲S$634 +32.4% vs FV | 99yr from 2015 |
Mar 2026 | Blk 992B BUANGKOK LINK Floor 04 TO 06 | 1,001sqft | S$655,000 | ▲S$654 +36.5% vs FV | 99yr from 2019 |
Mar 2026 | Blk 991A BUANGKOK LINK Floor 01 TO 03 | 1,001sqft | S$616,000 | ▲S$615 +28.4% vs FV | 99yr from 2019 |
Mar 2026 | Blk 711 HOUGANG AVE 2 Floor 04 TO 06 | 1,001sqft | S$565,888 | ▲S$565 +18.0% vs FV | 99yr from 1986 |
Mar 2026 | Blk 706 HOUGANG AVE 2 Floor 01 TO 03 | 980sqft | S$530,000 | ▲S$541 +12.9% vs FV | 99yr from 1985 |
Mar 2026 | Blk 359 HOUGANG AVE 5 Floor 01 TO 03 | 1,141sqft | S$630,000 | ▲S$552 +15.2% vs FV | 99yr from 1992 |
Blk 997C BUANGKOK CRES
Mar 2026 · Floor 16 TO 18
+42.4% vs FV
Blk 997C BUANGKOK CRES
Mar 2026 · Floor 16 TO 18
+42.4% vs FV
Blk 996B BUANGKOK CRES
Mar 2026 · Floor 01 TO 03
+25.5% vs FV
Blk 987A BUANGKOK GREEN
Mar 2026 · Floor 07 TO 09
+32.4% vs FV
Blk 987C BUANGKOK GREEN
Mar 2026 · Floor 13 TO 15
+37.6% vs FV
Blk 987C BUANGKOK GREEN
Mar 2026 · Floor 16 TO 18
+32.4% vs FV
Blk 992B BUANGKOK LINK
Mar 2026 · Floor 04 TO 06
+36.5% vs FV
Blk 991A BUANGKOK LINK
Mar 2026 · Floor 01 TO 03
+28.4% vs FV
Blk 711 HOUGANG AVE 2
Mar 2026 · Floor 04 TO 06
+18.0% vs FV
Blk 706 HOUGANG AVE 2
Mar 2026 · Floor 01 TO 03
+12.9% vs FV
Blk 359 HOUGANG AVE 5
Mar 2026 · Floor 01 TO 03
+15.2% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB property in Hougang, with a remaining lease of 54 years, stands at an estimated value of $469,376, translating to $479 PSF. This appraisal reflects a significant market signal, indicating an above-market valuation with a notable 27.6% difference from the baseline. Such a premium valuation suggests strong demand dynamics in the Hougang area, likely driven by the evolving urban landscape and continued investment in infrastructure enhancements that enhance the appeal of this neighborhood.
With model confidence assessed as high, this valuation is substantiated by a robust dataset comprising 489 recent HDB resale transactions in the vicinity. The analysis indicates a resilient market where buyers are willing to pay a premium for properties that offer not only a strategic location but also the potential for appreciation, given the relatively longer remaining lease. As the HDB market navigates through changing economic conditions, this property exemplifies a compelling investment opportunity for discerning buyers seeking to capitalize on the upward trajectory of the Hougang real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.