579 Hougang Avenue 4 530579, Trafalgar, North-east Region, Singapore
$950,000
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…


License: L3008022J
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Automated Valuation based on 4 HDB resale transactions (data.gov.sg)
Fair Value
S$893,807
S$593 psf
Asking Price
S$950,000
S$631 psf
vs Market
+6.3%
vs Last Done
+4.5%
Tenure
69 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Buangkok
873m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$590
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.986
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$593
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 579 HOUGANG AVE 4 Floor 01 TO 03 | 1,507sqft | S$910,000 | ▲S$604 +1.9% vs FV | 99yr from 1997 |
Nov 2024 | Blk 579 HOUGANG AVE 4 Floor 01 TO 03 | 1,507sqft | S$910,000 | ▲S$604 +1.9% vs FV | 99yr from 1997 |
Nov 2024 | Blk 579 HOUGANG AVE 4 Floor 01 TO 03 | 1,507sqft | S$910,000 | ▲S$604 +1.9% vs FV | 99yr from 1997 |
May 2024 | Blk 579 HOUGANG AVE 4 Floor 13 TO 15 | 1,496sqft | S$862,888 | ▼S$577 -2.7% vs FV | 99yr from 1997 |
May 2024 | Blk 579 HOUGANG AVE 4 Floor 13 TO 15 | 1,496sqft | S$862,888 | ▼S$577 -2.7% vs FV | 99yr from 1997 |
Blk 579 HOUGANG AVE 4
Nov 2024 · Floor 01 TO 03
+1.9% vs FV
Blk 579 HOUGANG AVE 4
Nov 2024 · Floor 01 TO 03
+1.9% vs FV
Blk 579 HOUGANG AVE 4
Nov 2024 · Floor 01 TO 03
+1.9% vs FV
Blk 579 HOUGANG AVE 4
May 2024 · Floor 13 TO 15
-2.7% vs FV
Blk 579 HOUGANG AVE 4
May 2024 · Floor 13 TO 15
-2.7% vs FV
HELIOS AI Analysis
The HDB Executive property located in Hougang has been valued at an estimated price of $893,807, translating to $593 per square foot (PSF). This valuation reflects a significant market signal indicating that the property is priced above the current market baseline by 6.3%. Such a premium suggests a strong demand for housing in the Hougang area, fueled by both the strategic location and the community amenities available nearby.
However, it is essential to note that the model confidence for this valuation remains low, primarily due to the limited dataset, which comprises only four recent HDB resale transactions in the vicinity. While these transactions provide a snapshot of market activity, the reduced confidence level indicates potential volatility and variability in market conditions. With a remaining lease of 69 years, the property's leasehold status may also influence buyer sentiment, particularly among those who weigh long-term investment value against the remaining lease term. As such, prospective buyers should exercise caution and consider broader market trends alongside this valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.