707 Hougang Avenue 2 530707, Kovan, North-east Region, Singapore
$728,000
Blk 707 Hougang Ave 2 Hougang (with balcony) for sale! - Bright & Windy - Main Door face West - Motivated seller - Spacious Layout - Simple don’t up - Mins walk to coffeeshop, Food court and many amenities - Don’t need extension stay - All race & PR welcome - Contra Welcome Pre-schools & Childcare Within 1km __________________________________ - MY FIRST SKOOL - PCF Sparkletots Preschool @ Paya Lebar Blk 23 - Little Paddington Preschool Serangoon Pte Ltd - My World Preschool Ltd - Little Tree House LLP Primary Schools Within 2km __________________________________ - Holy Innocents' Primary School - Monfort Junior School (Primary) - Xinmin Primary School - Xinghua Primary School - CHIJ Our Lady Of The Nativity (Primary) Secondary Schools Within 2km __________________________________ - Monfort Secondary School - Xinmin Secondary School - Yuying Secondary School - Holy Innocents' High School (Secondary) - Bowen Secondary School Tertiary & Universities __________________________________ - Anderson Serangoon Junior College Supermarkets Within 1km __________________________________ - Lim King Chew - Tan Chuan Boon - Cold Storage Singapore (1983) Pte Ltd - NTUC Fairprice Co-operative Ltd Remarks: Photos are for digital staging Call Angela Ng @ 8588XXXX for viewing 8588XXXX.eraagent.sg
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 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$636,105
S$469 psf
Asking Price
S$728,000
S$537 psf
vs Market
+14.4%
vs Last Done
-2.9%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Hougang
671m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$555
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$469
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 707 HOUGANG AVE 2 Floor 10 TO 12 | 1,302sqft | S$720,800 | ▲S$553 +17.9% vs FV | 99yr from 1986 |
Aug 2025 | Blk 707 HOUGANG AVE 2 Floor 10 TO 12 | 1,302sqft | S$720,800 | ▲S$553 +17.9% vs FV | 99yr from 1986 |
Aug 2025 | Blk 707 HOUGANG AVE 2 Floor 07 TO 09 | 1,302sqft | S$730,000 | ▲S$560 +19.4% vs FV | 99yr from 1986 |
Feb 2025 | Blk 707 HOUGANG AVE 2 Floor 13 TO 15 | 1,302sqft | S$718,000 | ▲S$551 +17.5% vs FV | 99yr from 1986 |
Blk 707 HOUGANG AVE 2
Aug 2025 · Floor 10 TO 12
+17.9% vs FV
Blk 707 HOUGANG AVE 2
Aug 2025 · Floor 10 TO 12
+17.9% vs FV
Blk 707 HOUGANG AVE 2
Aug 2025 · Floor 07 TO 09
+19.4% vs FV
Blk 707 HOUGANG AVE 2
Feb 2025 · Floor 13 TO 15
+17.5% vs FV
HELIOS AI Analysis
The recent valuation of a 5-room HDB in Hougang, with a remaining lease of 58 years, stands at an estimated value of $636,105, translating to a price per square foot (PSF) of $469. This valuation is notably above the baseline market average, reflecting a 14.4% premium. Such a significant deviation from the market norm may suggest underlying factors driving demand in the Hougang area, despite the model confidence being rated as low, indicating potential volatility in the valuation assessment.
In analyzing the recent HDB resale transactions in the vicinity, it is imperative to consider the macroeconomic context and local dynamics that could influence buyer sentiment. The Hougang precinct is known for its vibrant community and accessibility, which may contribute to the elevated pricing of this particular unit. Furthermore, with a remaining lease of 58 years, prospective buyers should weigh the implications of lease tenure on long-term investment value. As the market continues to evolve, monitoring shifts in buyer demographics and preferences will be crucial for a comprehensive understanding of the property’s future performance.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.