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
In the dynamic landscape of Singapore's real estate market, the valuation of the HDB 3 Room unit in Hougang presents an intriguing case study. With an estimated value of $342,200 or $475 PSF, this property is currently positioned above the market baseline by a substantial 31.5%. This significant premium, despite the remaining lease of 57 years, suggests a unique appeal that may stem from the property's location, amenities, or potential for future development within the Hougang area.
However, the model confidence for this valuation is classified as low, indicating that while the property may attract buyers, caution should be exercised due to the limited data set supporting this estimate. Based on only three recent HDB resale transactions in the vicinity, the market signals suggest that demand may be influenced by broader economic factors and buyer sentiment, which can fluctuate considerably. As such, stakeholders are encouraged to consider both the inherent value of the leasehold duration and the local market dynamics when assessing this property for investment or personal acquisition.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.