617 Hougang Avenue 8 530617, Hougang West, North-east Region, Singapore
$550,000
Short Walk to Hougang MRT! Corner Unit! Within Amenities! Unit Details: * 4 Room Corner Unit * High Floor * 3 Bedrooms + 2 Bathrooms * Spacious Windy Single Level Apartment * 1,119 SQFT * Cross Ventilation, Bright and Windy * Functional & Efficient Layout * Lease From 1985 (Balance ~ 58 Years) * No enthic group restriction MRT Station: - Hougang MRT Station (1.6 km) Child Care My First Skool Blk 677 Touch Community Services Limited Blk 606 Mulberry Learning Centre @ Kovan Pte Ltd 38 Poh Huat Crescent Pcf Sparkletots Preschool @ Ang Mo Kio-Hougang Blk 632 Little Paddington Preschool Serangoon Pte. Ltd. 4 Jalan Tani Primary Schools Xinmin Primary School Montfort Junior School Hougang Primary School Yio Chu Kang Primary School Rosyth School Secondary Schools Xinmin Secondary School Bowen Secondary School Montfort Secondary School Hougang Secondary School Holy Innocents’ High School Groceries & Supermarts NH Mart Blk 620 Small Group Classes Bite-Sized Learning Blk 620 Play Facto School Blk 620 Pow Family Clinic & Surgery Blk 620 Coffeeshop Blk 678 Ang Mo Blk 642 Fairprice Blk 682 Cold Storage Blk 683 Fairprice Hougang Point The Foodcellar 39 Lowland Road
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 1 HDB resale transactions (data.gov.sg)
Fair Value
S$513,223
S$459 psf
Asking Price
S$550,000
S$492 psf
vs Market
+7.2%
vs Last Done
-9.4%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Hougang
965m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$543
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$459
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2025 | Blk 617 HOUGANG AVE 8 Floor 01 TO 03 | 958sqft | S$519,888 | ▲S$543 +18.3% vs FV | 99yr from 1986 |
Nov 2025 | Blk 617 HOUGANG AVE 8 Floor 01 TO 03 | 958sqft | S$519,888 | ▲S$543 +18.3% vs FV | 99yr from 1986 |
Blk 617 HOUGANG AVE 8
Nov 2025 · Floor 01 TO 03
+18.3% vs FV
Blk 617 HOUGANG AVE 8
Nov 2025 · Floor 01 TO 03
+18.3% vs FV
HELIOS AI Analysis
In the competitive landscape of Singapore's HDB market, the valuation of the 4-room HDB unit in Hougang presents an intriguing case study. With a remaining lease of 58 years, this property is estimated at $513,223 ($459 PSF), positioning it above the market baseline by 7.2%. Such a premium valuation suggests a unique interplay of demand dynamics within the Hougang precinct, where recent buyer interest may be driving prices upward despite the relatively limited data set.
However, the model confidence for this valuation remains low, primarily due to reliance on a solitary recent resale transaction in the vicinity. This scarcity of comparable sales data highlights the inherent volatility in the current HDB market, especially for units with shorter remaining leases. Investors and potential homeowners should exercise caution and conduct further due diligence when considering this property, as fluctuations in demand could significantly impact its market standing over the coming years.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.