231 Hougang Street 21 - 4 Units for Sale

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231 Hougang Street 21 – PropertyGuru Market Pulse Insights

The project retains a presence in current local search journeys among active property seekers, drawing on 30 days of PropertyGuru search activity within the Hougang / Punggol / Sengkang market. This development continues to surface as a relevant option for those reviewing residential opportunities in the area.

Most-searched Units: 3-Bedroom

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 1.09M
  • Avg PSF: S$ 722 psf (27.38% lower compared to Hougang / Punggol / Sengkang average of S$ 994 psf)
  • Available Units: 1
• 4-Bedroom Units:
  • Avg Asking Price: S$ 1.17M
  • Avg PSF: S$ 746 psf (45.97% lower compared to Hougang / Punggol / Sengkang average of S$ 1,380 psf)
  • Available Units: 3

Key Takeaway: Recent market data highlights a clear, pronounced buyer preference for the 3-Bedroom configurations, which currently see the highest volume of interest. While 4-Bedroom units offer a significantly deeper discount relative to the district average, the limited single-unit availability of 3-Bedroom layouts suggests a tighter supply for the most popular setup. Overall, the development is positioned at a notable value entry point compared to broader regional benchmarks. This competitive pricing structure likely provides steady market support for the existing inventory as seekers look for value-driven options in the area.

Location & Lifestyle Highlights — 231 Hougang Street 21 450m (5 mins) to KOVAN MRT STATION — This station on the North-East Line provides a direct and efficient link to the city center and major transport hubs. Located in a vibrant part of Hougang, this project offers a practical and modern living experience where everything you need for daily life is just a short walk away. Nearby hotspots: MRT Stations:

• KOVAN MRT STATION (450m, 5 mins) — Easy access to the North-East Line makes commuting to Dhoby Ghaut and HarbourFront very straightforward.

Bus Stops (42 within 1 km):

• OPPOSITE BLK 211 (43m, 1 min) — Extremely close stop providing immediate access to local bus services for quick neighborhood trips.
• BET BLKS 210/211 (130m, 1-2 mins) — Convenient boarding point that links residents to the wider Hougang and Kovan bus network.

Education & Early Learning:

• SCHOOL HOUSE BYTHEGARDEN @ HOUGANG PTE. LTD. (264m, 3-4 mins) — Nearby preschool option that is very handy for parents with young children.
• XINGHUA PRIMARY SCHOOL (396m, 4-5 mins) — Reputable primary education located within a short walking distance for local families.
• YUYING SECONDARY SCHOOL (370m, 4-5 mins) — Convenient secondary school choice that allows students to walk to class easily.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (80m, 1 min) — Immediate medical support available just around the corner for peace of mind.
• DR CHAN CLINIC (120m, 1-2 mins) — Reliable local clinic nearby for general health consultations and family check-ups.
• HEALTHCARE MEDICAL KOVAN (165m, 1-2 mins) — Accessible healthcare facility providing essential medical services to the local community.

Shopping & Retail:

• HEARTLAND MALL KOVAN (415m, 4-5 mins) — Central shopping hub offering a variety of retail shops, services, and daily essentials.
• FAIRPRICE (489m, 5-6 mins) — Well-stocked supermarket nearby for all your routine grocery needs and household supplies.
• NTUC FAIRPRICE FINEST - HOUGANG STREET 21 (561m, 6-7 mins) — Premium grocery shopping option for a wider selection of quality produce and international goods.

Dining & Food:

• NAKHOM KITCHEN (151m, 1-2 mins) — Popular local dining spot famous for authentic flavors right in the neighborhood.
• ALHUSSAIN RESTAURANT (160m, 1-2 mins) — Convenient eatery nearby for quick meals and local favorites at any time.
• 21 SEAFOOD HOUGANG (219m, 2-3 mins) — Great spot for family dinners and seafood lovers located just a short stroll away.

Highly attractive for: Young Families, Urban Professionals, Investors

Market & Rental Insights

231 Hougang Street 21 demonstrates a profile of significant capital appreciation and healthy income potential for property owners.

• PSF Appreciation: S$524 → S$641 over recent years (+22.33%) from 2023 - 2026.
• Expected Rental Yield: At 4.42%, this reflects a healthy return for investors.
• Transactions: 2 rental transactions in the last 6 months and 1 sale transaction in the last 12 months, showing modest rental and limited sale activity.
• PG Pulse Insight: With a substantial PSF growth of 22.33% and a healthy rental yield of 4.42%, 231 Hougang Street 21 presents a compelling case for capital preservation despite modest transaction volumes.

Published date: June 2, 2026