616 Hougang Avenue 8 530616, Hougang West, North-east Region, Singapore
$763,000
*****New Exclusive 5 Room Flat for sale***** • Spacious 5 room flat for sale • 1302sqft • Rare top floor corner unit for sale • Unblocked view with no afternoon sun • Bright and windy • Walking distance to amenities and eateries • Pure Selling, no extension needed • Original condition, (Build your dream home) • All races eligible • View by appointment Contact us if: • YOU HAVE ANY PROPERTY THAT YOU REQUIRE US TO MARKET • LOOKING FOR BUSINESS SPACE COMMERCIAL/INDUSTIRAL/FOOD FACTORY • LOOKING TO UPGRADE FROM YOUR EXISITING HDB TO PRIVATE • LOOKING FOR SOLUTION FOR YOUR REAL ESTATE NEEDS Kindly contact Chris 8988-6633/9119-1150 to arrange for viewing. Welcome to your dream home! This stunning 3-bedroom, 2-bathroom HDB unit is now available for sale at 616, Hougang Avenue 8, Singapore. With a spacious area of 1302 sqft, this property is perfect for families seeking comfort and convenience. Enjoy the luxury of a private balcony, perfect for relaxation and entertaining guests. The unit is well-ventilated and features ample natural light, creating a warm and inviting atmosphere. Located just a short distance from Xinmin Secondary School (1.1 km) and My First Skool at Blk 667 Hougang (1.4 km), your children will have access to quality education nearby. For your shopping needs, Giant Express (0.9 km) and Kiong Onn Medical Hall (1.1 km) are right around the corner, ensuring that you have everything you need within reach. Spend your weekends at Hougang 1 (1.3 km) or explore the vibrant atmosphere of Hougang Village (1.4 km) for shopping and dining options. This property is not just a house; it’s a home that offers a perfect blend of comfort and convenience. Don’t miss out on this fantastic opportunity to own a piece of Singapore real estate. Schedule a viewing today and take the first step towards making this beautiful HDB your new home!
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…


License: L3002382K
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$569,714
S$438 psf
Asking Price
S$763,000
S$586 psf
vs Market
+33.9%
vs Last Done
+2.4%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Kovan
992m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$518
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$438
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | Blk 616 HOUGANG AVE 8 Floor 01 TO 03 | 1,302sqft | S$745,000 | ▲S$572 +30.6% vs FV | 99yr from 1986 |
Jul 2025 | Blk 616 HOUGANG AVE 8 Floor 01 TO 03 | 1,302sqft | S$745,000 | ▲S$572 +30.6% vs FV | 99yr from 1986 |
Jan 2025 | Blk 616 HOUGANG AVE 8 Floor 01 TO 03 | 1,302sqft | S$658,000 | ▲S$505 +15.3% vs FV | 99yr from 1986 |
May 2024 | Blk 616 HOUGANG AVE 8 Floor 13 TO 15 | 1,302sqft | S$620,000 | ▲S$476 +8.7% vs FV | 99yr from 1986 |
Blk 616 HOUGANG AVE 8
Jul 2025 · Floor 01 TO 03
+30.6% vs FV
Blk 616 HOUGANG AVE 8
Jul 2025 · Floor 01 TO 03
+30.6% vs FV
Blk 616 HOUGANG AVE 8
Jan 2025 · Floor 01 TO 03
+15.3% vs FV
Blk 616 HOUGANG AVE 8
May 2024 · Floor 13 TO 15
+8.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room unit in Hougang, with an estimated market value of $569,714 (equating to $438 PSF), presents a compelling analysis in light of current market dynamics. With a remaining lease of 58 years, this property commands a premium valuation that is approximately 33.9% above the baseline market signals derived from recent comparable sales. This suggests a robust demand for larger HDB units in the Hougang area, indicating a potential trend where buyers are willing to invest beyond traditional market rates, likely driven by the community's amenities and accessibility.
However, it is imperative to note that the model confidence for this valuation is categorized as low, based on the analysis of only three recent HDB resale transactions in the vicinity. This limited dataset may introduce variability into the valuation, reflecting the need for caution in interpreting these figures. As the market evolves, potential buyers and investors should remain attentive to local trends and the economic factors influencing the resale market, particularly concerning the implications of the remaining lease period on long-term value retention.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.