Hougang Avenue 2, Kovan, North-east Region, Singapore
$10,488,888
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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: L3002382K
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Automated Valuation based on 224 HDB resale transactions (data.gov.sg) · 9 outliers removed (IQR)
Fair Value
S$2.72M
S$648 psf
Asking Price
S$10.49M
S$1,559 psf
vs Market
+285.3%
vs Last Done
+175.9%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
224 comps
Nearest MRT
Hougang
700m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
224 comparable transactions
S$605
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$648
Recent Comparable Transactions
10 shown · 224 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 712 HOUGANG AVE 2 Floor 01 TO 03 | 1,593sqft | S$900,000 | ▼S$565 -12.8% vs FV | 99yr from 1986 |
Aug 2025 | Blk 712 HOUGANG AVE 2 Floor 01 TO 03 | 1,593sqft | S$900,000 | ▼S$565 -12.8% vs FV | 99yr from 1986 |
Jun 2025 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,593sqft | S$1,030,000 | ▼S$647 -0.2% vs FV | 99yr from 1986 |
Nov 2024 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,593sqft | S$1,020,000 | ▼S$640 -1.2% vs FV | 99yr from 1986 |
Sep 2024 | Blk 705 HOUGANG AVE 2 Floor 10 TO 12 | 1,658sqft | S$1,020,000 | ▼S$615 -5.1% vs FV | 99yr from 1986 |
May 2024 | Blk 712 HOUGANG AVE 2 Floor 01 TO 03 | 1,593sqft | S$860,000 | ▼S$540 -16.7% vs FV | 99yr from 1986 |
May 2024 | Blk 705 HOUGANG AVE 2 Floor 07 TO 09 | 1,593sqft | S$895,000 | ▼S$562 -13.3% vs FV | 99yr from 1986 |
May 2024 | Blk 705 HOUGANG AVE 2 Floor 07 TO 09 | 1,593sqft | S$925,000 | ▼S$581 -10.3% vs FV | 99yr from 1986 |
May 2024 | Blk 705 HOUGANG AVE 2 Floor 04 TO 06 | 1,593sqft | S$928,000 | ▼S$583 -10.0% vs FV | 99yr from 1986 |
Apr 2026 | Blk 455 HOUGANG AVE 10 Floor 01 TO 03 | 1,604sqft | S$988,000 | ▼S$616 -4.9% vs FV | 99yr from 1992 |
Apr 2026 | Blk 446 HOUGANG AVE 8 Floor 04 TO 06 | 1,572sqft | S$1,000,000 | ▼S$636 -1.9% vs FV | 99yr from 1991 |
Blk 712 HOUGANG AVE 2
Aug 2025 · Floor 01 TO 03
-12.8% vs FV
Blk 712 HOUGANG AVE 2
Aug 2025 · Floor 01 TO 03
-12.8% vs FV
Blk 705 HOUGANG AVE 2
Jun 2025 · Floor 10 TO 12
-0.2% vs FV
Blk 705 HOUGANG AVE 2
Nov 2024 · Floor 10 TO 12
-1.2% vs FV
Blk 705 HOUGANG AVE 2
Sep 2024 · Floor 10 TO 12
-5.1% vs FV
Blk 712 HOUGANG AVE 2
May 2024 · Floor 01 TO 03
-16.7% vs FV
Blk 705 HOUGANG AVE 2
May 2024 · Floor 07 TO 09
-13.3% vs FV
Blk 705 HOUGANG AVE 2
May 2024 · Floor 07 TO 09
-10.3% vs FV
Blk 705 HOUGANG AVE 2
May 2024 · Floor 04 TO 06
-10.0% vs FV
Blk 455 HOUGANG AVE 10
Apr 2026 · Floor 01 TO 03
-4.9% vs FV
Blk 446 HOUGANG AVE 8
Apr 2026 · Floor 04 TO 06
-1.9% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Hougang, with a remaining lease of 75 years, stands at an estimated value of $2,722,406, translating to $648 PSF. This valuation is indicative of a robust market condition, as it reflects an impressive 285.3% difference from the baseline, positioning this property as significantly above market expectations. Such an anomaly is often attributed to a combination of factors that enhance the desirability of the unit, including its strategic location, accessible amenities, and the growing appeal of Hougang as a residential hub.
The high model confidence level, derived from an analysis of 224 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. This data suggests a persistent demand for well-located properties, particularly those with longer remaining leases, which are often perceived as a safer investment option. As urban development continues to evolve in Singapore, the dynamics of the HDB market are likely to remain favorable, making this Executive unit not just a home, but a worthwhile investment opportunity for discerning buyers.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.