242 Hougang Street 22 - 1 Units for Rent

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242 Hougang Street 22 – PropertyGuru Market Pulse Insights

The project retains a presence in recent search activity for the local market, according to PropertyGuru's 30-day search trends for Hougang / Punggol / Sengkang. This indicates that the property remains relevant to active rental seekers in the area despite broader market fluctuations.

Popular preferences: Balcony, Renovated, Gym, Air-Conditioning, Bathtub, Maidsroom, Terrace, Tennis Court

Pricing by Unit Types:

Key Takeaway: Recent market data highlights that rental interest for this development is currently shaped by a strong preference for specific lifestyle features like air-conditioning and renovated interiors. While specific layout search volumes are not currently concentrated in a single category, the property continues to attract attention from seekers looking for well-equipped HDB units. The overall pricing and demand profile suggests a steady interest level within the Hougang / Punggol / Sengkang area. This selective market support indicates that the development maintains its place in the local rental landscape.

Location & Lifestyle Highlights — 242 Hougang Street 22

1100m (13 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 hubs like Serangoon and Dhoby Ghaut.

This address at 242 Hougang Street 22 offers a modern and efficient living environment that perfectly suits those who value a practical, well-connected home in a mature residential area. It is a great spot for anyone looking for a balanced lifestyle where daily essentials and transport links are all within easy reach.

Nearby hotspots:

MRT Stations:

• DEFU MRT STATION (902m, 10-11 mins) — A nearby transit option that will enhance future connectivity for residents as the rail network expands.

Bus Stops (37 within 1 km):

• BLK 241 (82m, 1 min) — Just a few steps away, this stop provides immediate access to the local bus network for a quick daily commute.
• OPP BLK 241 (223m, 2-3 mins) — Conveniently located across the road to help you get around the neighbourhood with ease.

Education & Early Learning:

• SILK EDUCATION PTE. LTD. (197m, 2-3 mins) — Very close to home, making it easy for parents to manage morning drop-offs.
• LIVING SANCTUARY CHILDCARE (241m, 2-3 mins) — Reliable early childhood services located just a short walk away for young families.
• XINGHUA PRIMARY SCHOOL (604m, 7-8 mins) — A reputable local primary school within a comfortable walking distance for students.
• YUYING SECONDARY SCHOOL (524m, 6-7 mins) — Conveniently located nearby, providing a straightforward commute for secondary school students.

Healthcare & Wellness:

• DR CHAN CLINIC (668m, 8-9 mins) — Accessible medical care nearby for general health consultations and family wellness.
• GYNAE HEALTH CLINIC FOR WOMEN (742m, 8-9 mins) — Specialized healthcare services for women located within the immediate vicinity.
• HEALTHCARE MEDICAL KOVAN (826m, 9-10 mins) — A well-situated clinic providing a range of medical services for the local community.

Shopping & Retail:

• SHENG SIONG (863m, 10-11 mins) — A great spot for residents to pick up fresh groceries and daily household necessities.
• HEARTLAND MALL KOVAN (1064m, 12-13 mins) — A popular local mall offering a variety of retail shops, services, and amenities.
• NTUC FAIRPRICE FINEST - HOUGANG STREET 21 (1222m, 14-15 mins) — Provides a premium grocery shopping experience with a wide selection of quality products.

Dining & Food:

• MOLLYS NONYA CONFECTIONARY (535m, 6-7 mins) — A local favorite for traditional treats and snacks just a short stroll away.
• ALHUSSAIN RESTAURANT (631m, 7-8 mins) — A handy dining option nearby for those looking for a quick and tasty meal.
• NAKHOM KITCHEN (640m, 7-8 mins) — Popular for its authentic flavors and located within easy reach for a nice dinner out.

Convenience Stores:

• 7-ELEVEN (809m, 9-10 mins) — Perfect for quick late-night snacks or essential items when you are on the go.

Highly attractive for: Young Couples, Growing Families, Urban Professionals, Investors

Market & Rental Insights

242 Hougang Street 22 demonstrates a dynamic rental market with notable appreciation in median rents across different unit types.

• Median Rental Appreciation: 2-bedroom units saw rents rise from S$2,450 /mo to S$2,500 /mo (2.04%), while 3-bedroom units increased from S$2,850 /mo to S$3,400 /mo (19.3%) over the last one year.
• Transactions: 6 rental transactions in the last 6 months, showing modest rental activity.
• PG Pulse Insight: Rental growth remains consistent with 3-bedroom units reaching S$3,400 /mo, supported by modest rental activity in the area.

Published date: July 16, 2026