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
The valuation of the HDB 4-room unit in Hougang, with a remaining lease of 58 years, stands at an estimated value of $513,223, translating to a price per square foot (PSF) of $459. This valuation reflects an above-market positioning, with a notable 7.2% difference from the baseline, indicating a premium perceived by the market despite the relatively shorter lease duration compared to other properties. Such a differential suggests that specific attributes of the property or its location may be enhancing its desirability beyond conventional expectations.
However, it is crucial to note that the model confidence level is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity to inform this valuation. This scarcity of transactional data can contribute to volatility in the assessed value and may not adequately capture the broader market dynamics affecting the area. As such, prospective buyers and investors should exercise caution and consider conducting a more comprehensive analysis, including market trends and comparable sales, before making decisions based on this valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.