705 Hougang Avenue 2 530705, Kovan, North-east Region, Singapore
$970,000
Rare EM for sale! Price to sell! EM/148sqm Main door faces North The living room window faces south Above Level 3 Conveniently located All amenities nearby Squarish layout No odd shape Eligible to all races 3 months Extension required For viewing enquiries, pls whatsapp /call 9841 XXXX James Yeo
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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: L3007139C
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Automated Valuation based on 6 HDB resale transactions (data.gov.sg)
Fair Value
S$813,872
S$511 psf
Asking Price
S$970,000
S$609 psf
vs Market
+19.2%
vs Last Done
-5.9%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
6 comps
Nearest MRT
Kovan
710m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
6 comparable transactions
S$605
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$511
Recent Comparable Transactions
6 shown · 6 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2025 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,593sqft | S$1,030,000 | ▲S$647 +26.6% vs FV | 99yr from 1986 |
Jun 2025 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,593sqft | S$1,030,000 | ▲S$647 +26.6% vs FV | 99yr from 1986 |
Nov 2024 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,593sqft | S$1,020,000 | ▲S$640 +25.2% vs FV | 99yr from 1986 |
Sep 2024 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,658sqft | S$1,020,000 | ▲S$615 +20.4% vs FV | 99yr from 1986 |
May 2024 | Blk 705 HOUGANG AVE 2 Floor 07 TO 09 | 1,593sqft | S$895,000 | ▲S$562 +10.0% vs FV | 99yr from 1986 |
May 2024 | Blk 705 HOUGANG AVE 2 Floor 07 TO 09 | 1,593sqft | S$925,000 | ▲S$581 +13.7% vs FV | 99yr from 1986 |
May 2024 | Blk 705 HOUGANG AVE 2 Floor 04 TO 06 | 1,593sqft | S$928,000 | ▲S$583 +14.1% vs FV | 99yr from 1986 |
Blk 705 HOUGANG AVE 2
Jun 2025 · Floor 10 TO 12
+26.6% vs FV
Blk 705 HOUGANG AVE 2
Jun 2025 · Floor 10 TO 12
+26.6% vs FV
Blk 705 HOUGANG AVE 2
Nov 2024 · Floor 10 TO 12
+25.2% vs FV
Blk 705 HOUGANG AVE 2
Sep 2024 · Floor 10 TO 12
+20.4% vs FV
Blk 705 HOUGANG AVE 2
May 2024 · Floor 07 TO 09
+10.0% vs FV
Blk 705 HOUGANG AVE 2
May 2024 · Floor 07 TO 09
+13.7% vs FV
Blk 705 HOUGANG AVE 2
May 2024 · Floor 04 TO 06
+14.1% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Hougang, with a remaining lease of 58 years, stands at an estimated value of $813,872, translating to a price per square foot (PSF) of $511. This valuation is positioned notably above the market baseline, reflecting a substantial 19.2% premium. Such a significant deviation indicates a robust demand for HDB properties in the Hougang area, which may be influenced by various factors including location desirability, upcoming infrastructure developments, and proximity to essential amenities.
However, it is crucial to note that the model confidence in this valuation is categorized as low, based on an analysis of only six recent HDB resale transactions in the vicinity. This limited dataset may impact the reliability of the valuation, suggesting that potential buyers and investors should approach this figure with a degree of caution. The prevailing market dynamics, characterized by fluctuating demand and varying buyer sentiment, further complicate the assessment of value in such a competitive segment of the real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.