81 Hougang Avenue 2 538859, Kovan, North-east Region, Singapore
$3,700 /month
Only for short term lease of 6 months from 1st June to 25th/31st December 2026. Perfect for tenants who are unable to commit to 1 year lease. Currently tenanted to a nice Japanese couple, who kept the house in tip top condition! Rent in peace. Furniture not provided. PROPERTY DETAILS: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ + 2 bed, 1 bath + 635 sqft + curtains and fans installed + Master bedroom full height window + Built in wardrobe + Open kitchen with coffee machine nook + Nice size balcony + Pool View + Appliances: fridge, induction hob, hood, oven, washing machine & dryer. AMENITIES: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ +Within 1km of Xinmin Primary School, Holy Innocents' Primary School and Monfort Junior School. ️️+ 10mins Hougang Mall, Heartland Mall, Kang Kar Mall and Hougang Plaza ️+ Shuttle bus available to Hougang and Kovan MRT CONDO FACILITIES ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ️Condo facilities include: Gym, Reading Room, Wellness Club, Hydrotherapy Club, Kids' Play Club, Kids' Aqua Club, Youth & Fitness Club, Tennis Court, BBQ pits, etc. CONTACT ME FOR VIEWING: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ For more details and to schedule a viewing, contact Realtor Joe Tan at 9366XXXX.
D19 - Hougang
Kovan MRT
30 March 2024
Large (1410 units)
1410 units
10 Blocks, 18 Floors
Florence Development Pte. Ltd. (Logan Property (Singapore) Company Pte. Limited)
The Florence Residences has a total of 1410 units, from 1 Bed - 1 Bath to 5 Bed - 4 Bath units. There are 116 types of floor plans from 474 sqft to 1,916 sqft.
The Florence Residences has 10 blocks and up to 18 storeys.
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Total Transactions
338
Average Price
S1.3M
Total Value
S444.8M
Calculating fair value from URA transaction data…


License: L3008022J
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Estimated sale value based on 760 URA transactions · 10 outliers removed (IQR)
Fair Value
S$1.08M
S$1,706 psf
Asking Price
S$3,700
S$6 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
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
+2%
Adjusted Fair Value PSF
S$1,706
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 +3.9% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +3.9% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 926sqft | S$1,818,000 | ▲S$1,964 +15.1% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 635sqft | S$1,100,000 | ▲S$1,732 +1.5% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 936sqft | S$1,550,000 | ▼S$1,655 -3.0% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 990sqft | S$1,980,000 | ▲S$1,999 +17.2% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 893sqft | S$1,770,000 | ▲S$1,981 +16.1% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 667sqft | S$1,208,000 | ▲S$1,810 +6.1% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 16-20 | 667sqft | S$1,302,888 | ▲S$1,952 +14.4% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 11-15 | 484sqft | S$850,000 | ▲S$1,755 +2.9% vs FV | 99 yrs lease commencing from 2018 |
Jul 2025 | HOUGANG AVENUE 2 Floor 01-05 | 635sqft | S$1,125,000 | ▲S$1,771 +3.8% vs FV | 99 yrs lease commencing from 2018 |
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+3.9% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+3.9% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+15.1% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+1.5% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
-3.0% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+17.2% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+16.1% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+6.1% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 16-20
+14.4% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 11-15
+2.9% vs FV
HOUGANG AVENUE 2
Jul 2025 · Floor 01-05
+3.8% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.