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
Loading map...
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…
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 6 HDB resale transactions (data.gov.sg)
Fair Value
S$813,872
S$511 psf
Asking Price
S$960,000
S$603 psf
vs Market
+18.0%
vs Last Done
-6.8%
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 reflects an above-market condition, with an 18% premium compared to the baseline established by recent comparable transactions in the vicinity. Such a significant deviation from the baseline suggests that demand dynamics in the area may be driven by factors such as location desirability, amenities, and emerging developments that enhance the overall appeal of the Hougang district.
However, it is important to note the model confidence for this valuation remains low, indicating potential volatility in the market perception or demand for HDB properties with a similar lease duration. The analysis is based on six recent HDB resale transactions, which may not fully capture the nuances of buyer sentiment or shifts in market conditions. As such, prospective buyers and investors should proceed with caution, taking into account the unique characteristics of this property and the broader market trends affecting HDB values in Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.