23 Hougang Avenue 3 - 1 Units for Sale

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23 Hougang Avenue 3 – PropertyGuru Market Pulse Insights

Recent search data shows the project remains relevant to active buyer seekers in the Hougang / Punggol / Sengkang area. Drawing on 30 days of PropertyGuru search activity, the development continues to draw interest in the local market. This property maintains a presence among current browsing trends as seekers evaluate residential options within the district.

Popular preferences: Balcony, Gym, Renovated, Corner Unit, Air-Conditioning, Tennis Court, Maidsroom, Bathtub, Private Pool, Terrace

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 498K
  • Avg PSF: S$ 634 psf (59.07% lower compared to Hougang / Punggol / Sengkang average of S$ 1,548 psf)
  • Available Units: 1

Key Takeaway: Market interest is currently focused on the 2-Bedroom configurations which offer a significant value proposition relative to the broader district. With the average pricing sitting 59.07% lower than the regional benchmark, the property presents a highly competitive entry point for cost-conscious buyers. The limited inventory of just one available unit suggests a tight supply that may support steady pricing discipline for well-maintained layouts. Overall, the combination of extensive popular features and attractive per-square-foot rates continues to anchor the development's appeal.

Location & Lifestyle Highlights — 23 Hougang Avenue 3

840m (10 mins) to KOVAN MRT STATION — This station on the North-East Line provides a direct and efficient link to the city center and major shopping districts.

This modern development at 23 Hougang Avenue 3 offers a practical and efficient home base for those who value being close to established neighborhood hubs. It is a great spot for anyone looking for a well-connected lifestyle where daily essentials and transport links are all within easy reach.

Nearby hotspots:

MRT Stations:

• DEFU MRT STATION (1021m, 12-13 mins) — A useful alternative transport link that will enhance connectivity to the surrounding industrial and commercial hubs.
• HOUGANG MRT STATION (1124m, 13-14 mins) — Access to this major transport interchange makes it simple to switch between the North-East Line and various bus services.

Bus Stops (40 within 1 km):

• BLK 21 (209m, 2-3 mins) — Very close to home, making it easy to hop on a bus for quick trips around the neighborhood.
• OPPOSITE BLK 25 (322m, 3-4 mins) — Provides additional route options for a smooth daily commute to nearby amenities.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR BLK 23 (KN) (0m, 0 min) — Having a preschool right at your doorstep is incredibly convenient for parents with young children.
• SUNFLOWER PRESCHOOL @ HOUGANG CC (PRIVATE LIMITED) (489m, 5-6 mins) — A nearby early childhood option that allows for a quick and stress-free morning drop-off.
• MY WORLD PRESCHOOL LTD. (537m, 6-7 mins) — Another quality childcare choice within a short walk, perfect for growing families.

Healthcare & Wellness:

• JOASH FAMILY CLINIC AND SURGERY (569m, 6-7 mins) — A dependable local clinic nearby for routine check-ups and immediate medical needs.
• UNITY (894m, 10-11 mins) — Convenient access to pharmacy services and healthcare essentials for the whole family.
• RAFFLES MEDICAL (1064m, 12-13 mins) — Established medical care nearby provides peace of mind for more comprehensive health consultations.

Shopping & Retail:

• SHENG SIONG (923m, 11-12 mins) — A reliable spot for fresh produce and daily groceries at competitive prices.
• HEARTLAND MALL KOVAN (1113m, 13-14 mins) — A popular neighborhood mall offering a variety of retail shops and services for your weekend needs.
• FAIRPRICE (1216m, 14-15 mins) — A well-stocked supermarket nearby that makes the weekly grocery run straightforward.

Dining & Food:

• COFFEESHOP (311m, 3-4 mins) — A nearby spot to grab a quick and affordable local meal any time of the day.
• PENGS RESTAURANT AND CATERING (559m, 6-7 mins) — Great for family dinners or hosting small gatherings without having to travel far.
• THE BREAD TABLE (632m, 7-8 mins) — A nice local bakery for fresh bakes and a relaxed morning coffee.

Highly attractive for: Young Families, Urban Professionals, Savvy Investors

Market & Rental Insights

23 Hougang Avenue 3 demonstrates a profile of capital growth and high rental efficiency within the local market.

• PSF Appreciation: S$469.5 → S$511 over recent years (+8.84%) from 2023 - 2026.
• Expected Rental Yield: At 6.72%, this reflects a strong return for investors.
• Transactions: 6 rental transactions in the last 6 months and 3 sale transactions in the last 12 months, indicating modest rental and limited sale activity.
• PG Pulse Insight: With a strong rental yield of 6.72% and positive PSF appreciation of 8.84%, 23 Hougang Avenue 3 presents a compelling case for yield-focused investors despite modest transaction volumes.

Published date: June 2, 2026