248 Hougang Avenue 3 - 1 Units for Rent

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248 Hougang Avenue 3 – PropertyGuru Market Pulse Insights

The project continues to draw rental interest in the local market according to PropertyGuru search trends over the past month show. Recent search data shows the project remains relevant to active rental seekers in the Hougang / Punggol / Sengkang area.

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 3K
  • Avg PSF: S$ 4 psf (20.06% lower compared to Hougang / Punggol / Sengkang average of S$ 5 psf)
  • Available Units: 2

Key Takeaway: Market interest is currently focused on the available 2-Bedroom configurations which offer a significant value proposition compared to the broader district. With an average PSF that sits 20.06% lower than the regional benchmark, these units represent a highly competitive entry point for seekers prioritizing affordability. The limited inventory of just two listings suggests a tight supply-demand dynamic that may support steady occupancy. Overall, the property maintains a strong position for those looking for value-driven options within the Hougang / Punggol / Sengkang rental market.

Location & Lifestyle Highlights — 248 Hougang Avenue 3 1090m (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 districts. Located in a mature residential area, 248 Hougang Avenue 3 offers a practical and efficient living environment that balances daily convenience with a well-established neighborhood feel. It is a great spot for those who value being surrounded by plenty of food options and essential services right at their doorstep. Nearby hotspots: MRT Stations:

• DEFU MRT STATION (641m, 7-8 mins) — A nearby option that will enhance future connectivity for residents commuting to work or school.

Bus Stops (42 within 1 km):

• BLK 248 (67m, 1 min) — Just a few steps away, making it incredibly easy to hop on a bus for local travel.
• OPP BLK 248 (83m, 1 min) — Conveniently located across the road for quick access to various bus routes heading towards the city.

Education & Early Learning:

• BRAINY BUNCH INTERNATIONAL MONTESSORI (107m, 1-2 mins) — A very short walk for parents looking for early childhood education options close to home.
• YUYING SECONDARY SCHOOL (765m, 9-10 mins) — A reputable local secondary school within comfortable walking distance for students.
• XINGHUA PRIMARY SCHOOL (842m, 10-11 mins) — Provides a solid primary education option for families living in the area.

Healthcare & Wellness:

• UNITY (570m, 6-7 mins) — A reliable pharmacy nearby for all your daily health and wellness needs.
• DR CHAN CLINIC (899m, 10-11 mins) — Accessible medical care for general consultations and family health matters.
• GYNAE HEALTH CLINIC FOR WOMEN (925m, 11-12 mins) — Specialized healthcare services available within the neighborhood for added convenience.

Shopping & Retail:

• SHENG SIONG (602m, 7-8 mins) — A great spot for residents to pick up fresh groceries and household essentials at competitive prices.
• HEARTLAND MALL KOVAN (1143m, 13-14 mins) — A popular local mall offering a variety of retail shops, services, and dining choices.
• FAIRPRICE (1382m, 16-17 mins) — Another major supermarket option for a wide range of grocery needs and daily supplies.

Dining & Food:

• WINGSTOP (494m, 5-6 mins) — A quick and easy dining choice for those who enjoy casual western-style meals nearby.
• KOUFU (539m, 6-7 mins) — A local food court offering a diverse range of affordable and tasty dishes for everyday dining.
• FLASH COFFEE (597m, 7-8 mins) — Perfect for grabbing a quick caffeine fix on the way to work or during the weekend.

Highly attractive for: Young Families, Practical Professionals, Long-term Investors, Local Business Owners

Market & Rental Insights

248 Hougang Avenue 3 demonstrates a diverse rental market with varying performance across different bedroom types.

• Median Rental Appreciation: 2-bedroom units saw rents rise from S$2,600 to S$2,800 (+7.69%), while 3-bedroom units decreased from S$3,450 to S$2,000 (-42.03%) over the last one year.
• Transactions: 2 rental transactions in the last 6 months showing modest rental activity.
• PG Pulse Insight: Rental activity remains modest with 2-bedroom units showing positive rent appreciation of +7.69%, reaching a median of S$2,800.

Published date: June 16, 2026