705 Hougang Avenue 2 530705, Kovan, North-east Region, Singapore
$960,000
Elevated Executive Maisonette with Unblocked Views and Superb Convenience Spacious 2-storey layout with bright, breezy interiors and a wide south-facing balcony. Enjoy privacy with bedrooms upstairs, a renovated kitchen, and effortless access to transport and amenities. - Address: 705 Hougang Avenue 2 - Price: Negotiable - Size: 1,593 sqft / 148 sqm - 3 bedrooms + utility | 3 bathrooms - Level 4 Executive Maisonette, lift level - Unblocked view; balcony south-facing, main door north-facing - HIP upgraded and paid - Squarish, spacious, bright and windy - Marble floor tiles; renovated kitchen - Wide balcony enhances light - Newly installed aircon - All races and SPRs eligible - Needs 3 months extension; flexible submission - Short walk to Kovan MRT Primary Sch within 1km: - Holy Innocents’ Pri - Xinmin Pri/Sec - Xinghua Pri - Montfort Junior Sch Primary Sch within 2km: - CHIJ OUR LADY OF THE NATIVITY - HOUGANG PRI - PALM VIEW PRI - PAYA LEBAR METHODIST GIRLS' SCHOOL (PRI) - PUNGGOL PRI - ROSYTH SCHOOL - YIO CHU KANG PRI - ZHONG HUA PRI MRT: - Kovan (0.7km) - Hougang (U/C) (0.75km) - Hougang (0.78km) WILLIAM QUEK 9090.9077
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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 3 HDB resale transactions (data.gov.sg)
Fair Value
S$855,841
S$537 psf
Asking Price
S$960,000
S$603 psf
vs Market
+12.2%
vs Last Done
-6.8%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Kovan
710m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$636
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$537
Recent Comparable Transactions
3 shown · 3 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 +20.5% vs FV | 99yr from 1986 |
Jun 2025 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,593sqft | S$1,030,000 | ▲S$647 +20.5% vs FV | 99yr from 1986 |
Nov 2024 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,593sqft | S$1,020,000 | ▲S$640 +19.2% vs FV | 99yr from 1986 |
Sep 2024 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,658sqft | S$1,020,000 | ▲S$615 +14.5% vs FV | 99yr from 1986 |
Blk 705 HOUGANG AVE 2
Jun 2025 · Floor 10 TO 12
+20.5% vs FV
Blk 705 HOUGANG AVE 2
Jun 2025 · Floor 10 TO 12
+20.5% vs FV
Blk 705 HOUGANG AVE 2
Nov 2024 · Floor 10 TO 12
+19.2% vs FV
Blk 705 HOUGANG AVE 2
Sep 2024 · Floor 10 TO 12
+14.5% 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 $855,841, translating to a price per square foot (PSF) of $537. This valuation reflects an upward market signal, positioned at a substantial 12.2% above the baseline market rate. Such a premium suggests a robust demand for HDB properties in this locality, potentially driven by factors such as proximity to essential amenities, quality of life, and community integration.
However, it is essential to note that the model confidence for this valuation is classified as low, indicating potential volatility and variability in market conditions. The assessment is based on three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics at play. As the remaining lease diminishes, prospective buyers may weigh the long-term viability of their investment against the backdrop of evolving housing policies and demographic shifts in Singapore. Careful consideration of these factors is paramount for stakeholders navigating the HDB market in Hougang.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.