656 Hougang Avenue 8 530656, Hougang West, North-east Region, Singapore
$899,999
Spacious Executive Maisonette at Hougang within 1km to Xinmin Pri & Rosyth Pri Spread across two levels, this Generous 1,572 sqft unit offers clearly defined living and private zones — perfect for growing families or multi-generational families 3 Huge Bedrooms + Utility (Up to 4 usable rooms) + 3 Bathrooms Spacious and Airy Living & Dining Hall, perfect for hosting guests Living has been extended into Balcony to maximize the usable space Functional Kitchen with ample storage and counter top space for preparation Minimal built-ins, perfect for designing your dream home Plenty of Schools Nearby within 1km: Xinmin Primary & Sec, Rosyth Primary, Hougang Primary & Secondary, Monfort Junior School & Sec and Yio Chu Kang Primary School Surrounded by plenty of amenities: walk to Ang Mo Supermarket, NTUC, Coffeeshops, Hougang Village Mall and daily amenities Contact us to arrange a viewing today! *AI Images shown are for illustrative purposes*
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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$774,425
S$493 psf
Asking Price
S$899,999
S$573 psf
vs Market
+16.2%
vs Last Done
-1.9%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Hougang
1200m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$584
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$493
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 656 HOUGANG AVE 8 Floor 01 TO 03 | 1,625sqft | S$950,000 | ▲S$584 +18.5% vs FV | 99yr from 1987 |
Oct 2024 | Blk 656 HOUGANG AVE 8 Floor 01 TO 03 | 1,625sqft | S$950,000 | ▲S$584 +18.5% vs FV | 99yr from 1987 |
Blk 656 HOUGANG AVE 8
Oct 2024 · Floor 01 TO 03
+18.5% vs FV
Blk 656 HOUGANG AVE 8
Oct 2024 · Floor 01 TO 03
+18.5% vs FV
HELIOS AI Analysis
In the vibrant real estate landscape of Singapore, the HDB Executive unit located in Hougang presents a noteworthy valuation of $774,425, translating to $493 PSF. With a remaining lease of 59 years, this property is positioned in a segment that often attracts discerning buyers looking for spacious living options within a well-established neighborhood. The valuation is particularly striking as it indicates an above-market positioning, reflecting a significant 16.2% premium over baseline expectations.
However, it is essential to note that the confidence level associated with this valuation is categorized as low, primarily due to the limited data set, with only one recent resale transaction recorded in the vicinity. This scarcity of comparable transactions may introduce volatility and uncertainty into the pricing dynamics. Given the remaining lease of 59 years, prospective buyers should carefully evaluate the implications of lease decay and the potential for future market trends, which could influence both occupancy rates and resale values in the years to come.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.