248 Hougang Avenue 3 530248, Lorong Ah Soo, North-east Region, Singapore
$450,000
This flat is a 3 Rooms HDB for sale with 2 Baths in 248 Hougang Avenue 3, HDB Resale Flat in Singapore. Key features ✓ Original condition ✓ Regular layout for furniture placement ✓ Windy ✓ Corridor unit ✓ Natural air ventilation ✓ Convenient location Looking for a HDB for Sale in Singapore? Hougang Avenue 3 is the perfect property in Hougang for you! Located in Hougang HDB Estate, this development is part of District 19. Completed in 1984, Hougang Avenue 3 is a 99 year leasehold HDB Development with a total of 182 units. It has a total of 12 floors and is one of 23 HDB blocks on Hougang Avenue 3. Nearby amenities ⭑ Nearby MRTs • 2 MRTs within 1 km Defu and Kovan. Hougang MRT 1.2km. ⭑ Nearby Bus stops • Opposite Blk 248 (82 m) - 2 mins walk • Blk 248 (82 m) - 2 mins walk • After An-Naeem Mosque (243 m) - 4 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Rainbow Supermart Pte Ltd (371 m) - 6 mins walk • 5 grocery stores within 1 km ⭑ Nearby Schools • Xinghua Primary School (286 m) - 4 mins walk • Yuying Secondary School (364 m) - 6 mins walk • Holy Innocents' Primary School (820 m) - 4 mins drive • 2 more schools within 1 km ⭑ Nearby Parks • Community landscape garden (726 m) - 4 mins drive • Realty Park (995 m) - 4 mins drive • 7 parks within 5 km Do take note that 3 months extension needed. Please call Sam Lee @ +658292XXXX to arrange for a viewing.
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$342,200
S$475 psf
Asking Price
S$450,000
S$624 psf
vs Market
+31.5%
vs Last Done
+8.5%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Kovan
836m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$571
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$475
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2025 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$415,000 | ▲S$575 +21.1% vs FV | 99yr from 1984 |
Nov 2025 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$415,000 | ▲S$575 +21.1% vs FV | 99yr from 1984 |
May 2025 | Blk 248 HOUGANG AVE 3 Floor 04 TO 06 | 721sqft | S$425,000 | ▲S$589 +24.0% vs FV | 99yr from 1984 |
Oct 2024 | Blk 248 HOUGANG AVE 3 Floor 01 TO 03 | 764sqft | S$420,000 | ▲S$550 +15.8% vs FV | 99yr from 1984 |
Blk 248 HOUGANG AVE 3
Nov 2025 · Floor 04 TO 06
+21.1% vs FV
Blk 248 HOUGANG AVE 3
Nov 2025 · Floor 04 TO 06
+21.1% vs FV
Blk 248 HOUGANG AVE 3
May 2025 · Floor 04 TO 06
+24.0% vs FV
Blk 248 HOUGANG AVE 3
Oct 2024 · Floor 01 TO 03
+15.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit in Hougang, with a remaining lease of 57 years, stands at an estimated value of $342,200, translating to a price per square foot (PSF) of $475. This valuation is notably positioned above the market baseline, reflecting a significant 31.5% premium. Such a discrepancy may indicate unique local market dynamics or desirable features inherent to this specific property, which could attract buyers despite the lower remaining lease duration. The Hougang area, known for its vibrant community and accessibility, continues to appeal to a diverse demographic, potentially driving demand higher than average.
Despite this enticing valuation, it is important to consider the model confidence level, which is categorized as low. This suggests that while the recent resale transactions within the vicinity provide some context, the data may not fully encapsulate the broader market trends or the specific condition and amenities of the property in question. As such, prospective buyers should conduct thorough due diligence and consider additional factors such as upcoming infrastructure developments in the area, which may further influence property values and market attractiveness. In conclusion, while the valuation reflects a bullish market sentiment, caution is advised due to the inherent uncertainties of the current model.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.