466 Hougang Avenue 8 530466, Hougang East, North-east Region, Singapore
$968,888
For sale 5i blk466 Hougang Avenue 8. - Bright and breezy. -Rare unit , quiet yet near amenities - spacious living rm, 3 bedrooms+2 bathrooms -1335 sqft/124sqm - Corridor end unit, all bedrooms window facing outwards - High floor - Unit windows facing southeast - Multistory car park /1 min reach - Harmony park downstairs - Punggol park - Schools nearby ( 1 min to CHIJ side gate) - bus stop 2min away. ~MRT Access: Approximately 500m (6-8 min walk) to Hougang MRT.North East Line (NEL) ~Bus Interchange: Hougang Central Bus Interchange ~Driving: Quick access to the KPE (Kallang-Paya Lebar Expressway) and TPE, making a drive to the CBD or Changi Airport roughly 15-20 minutes. ~Hougang Mall: The main lifestyle hub featuring a FairPrice Supermarket, Popular Bookstore, Harvey Norman, etc -Hougang 1 & Heartland Mall: Nearby alternatives for diverse dining (KFC, Sakae Sushi) and grocery runs at Cold Storage or FairPrice Xtra. -Local Fare: Minutes away from the Hougang Village (Blk 681-684) area, famous for its wet market, hawker centres, and affordable coffee shops. 3. Top-Tier Education (Within 1-2km) -Primary Schools: Holy Innocents’ Primary, CHIJ Our Lady of the Nativity, Montfort Junior, Xinmin Primary. -Secondary: Holy Innocents’ High, Xinmin Secondary, and Serangoon Upper Secondary. -Recreation & Wellness Greenery: A short walk to Punggol Park, which features a scenic 5-hectare lake, jogging tracks, and a dog run. Active Lifestyle: Close to Hougang Sports Centre (Gym, Stadium) and the Hougang Swimming Complex. Healthcare: Proximity to Hougang Polyclinic and several 24-hour GP clinics ensures immediate medical access.
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…
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$730,057
S$547 psf
Asking Price
S$968,888
S$726 psf
vs Market
+32.7%
vs Last Done
+22.8%
Tenure
64 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Hougang
543m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$586
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.914
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$547
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 466 HOUGANG AVE 8 Floor 04 TO 06 | 1,346sqft | S$795,000 | ▲S$591 +8.0% vs FV | 99yr from 1992 |
Feb 2025 | Blk 466 HOUGANG AVE 8 Floor 04 TO 06 | 1,346sqft | S$795,000 | ▲S$591 +8.0% vs FV | 99yr from 1992 |
Aug 2024 | Blk 466 HOUGANG AVE 8 Floor 07 TO 09 | 1,346sqft | S$783,000 | ▲S$582 +6.4% vs FV | 99yr from 1992 |
Blk 466 HOUGANG AVE 8
Feb 2025 · Floor 04 TO 06
+8.0% vs FV
Blk 466 HOUGANG AVE 8
Feb 2025 · Floor 04 TO 06
+8.0% vs FV
Blk 466 HOUGANG AVE 8
Aug 2024 · Floor 07 TO 09
+6.4% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB unit in Hougang, set at an estimated value of $730,057, reflects a notable premium in the current market landscape. Priced at $547 per square foot, this property demonstrates a striking 32.7% variance above the market baseline, indicating substantial demand in the area despite the property having a remaining lease of 64 years. This elevated valuation suggests that buyers are willing to pay a premium for the advantages offered by this location, including accessibility and community amenities that align with contemporary living preferences.
However, the model confidence for this valuation remains low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. Such a small sample size can lead to fluctuations in price estimations, underscoring the importance of considering additional market dynamics and potential external factors that may influence future valuations. As the property market in Singapore evolves, particularly in established neighborhoods like Hougang, it will be crucial for stakeholders to monitor trends in resale activity and buyer sentiment to make informed investment decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.