23 Hougang Avenue 3 - 3 Units for Sale

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23 Hougang Avenue 3 – PropertyGuru Market Pulse Insights

The project remains visible within recent property searches tied to the Hougang / Punggol / Sengkang area, drawing on 30 days of PropertyGuru search activity. This presence indicates that the development continues to be part of the active browsing landscape for buyers exploring this specific residential sector.

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 457K
  • Avg PSF: S$ 581 psf (62.78% lower compared to Hougang / Punggol / Sengkang average of S$ 1,562 psf)
  • Available Units: 3

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for buyers at this location. With only 3 units available, the limited inventory suggests a highly concentrated supply that may appeal to those seeking entry-level pricing. The project overall represents a significant value proposition, being priced at a substantial discount relative to the broader district average. This pricing gap likely sustains steady interest from budget-conscious seekers looking for established residential options.

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: September 16, 2026