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 reflects a significant market signal, positioning it at a remarkable 285.3% above the baseline, indicating robust demand and a premium desirability in the Hougang vicinity. The high confidence level of this model, supported by an analysis of 224 recent HDB resale transactions, underscores the validity of this assessment in a competitive market landscape.
As we delve into the dynamics influencing this valuation, it becomes evident that the Hougang area is experiencing a notable surge in interest due to its strategic location and community amenities. The sustained demand for HDB properties, coupled with limited new supply and an aging inventory of existing units, contributes to the upward pressure on prices. The balance of these factors positions this particular HDB Executive unit not only as a valuable asset for homeowners but also as a strategic investment opportunity in Singapore's evolving real estate market landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.