232 Hougang Avenue 1 - 1 Units for Sale

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232 Hougang Avenue 1 – PropertyGuru Market Pulse Insights

Current search behaviour keeps the development in view within the local property market, drawing on 30 days of PropertyGuru search activity. Within the Hougang / Punggol / Sengkang area, the property continues to surface in local search activity among people exploring the region's HDB options.

Most-searched Units: 3-Bedroom

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 650K
  • Avg PSF: S$ 581 psf (43.33% lower compared to Hougang / Punggol / Sengkang average of S$ 1,025 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the primary focus for buyer seekers. With only a single unit currently listed, the limited inventory suggests a highly selective opportunity for those prioritizing space in this specific block. The development represents a significant value proposition, with pricing positioned at a substantial discount relative to the broader district average. This combination of low supply and competitive entry pricing likely supports steady interest from budget-conscious buyers in the area.

Location & Lifestyle Highlights — 232 Hougang Avenue 1 610m (7 mins) to KOVAN MRT STATION — This station provides a direct link to the North-East Line, making your daily commute to the city center or Dhoby Ghaut very straightforward. Located in a mature residential pocket, 232 Hougang Avenue 1 offers a practical living environment where daily essentials and local food gems are just a short stroll away. It is a well-connected spot that balances quiet neighborhood life with the vibrant energy of the nearby Kovan hub. Nearby hotspots: Bus Stops (33 within 1 km):

• BLK 232 (40m, 1 min) — This stop is right at your doorstep, offering immediate access to several bus routes for easy travel around the neighborhood.
• OPPOSITE BLK 211 (164m, 1-2 mins) — A very short walk away, providing more options for your morning commute or weekend errands.

Education & Early Learning:

• XINGHUA PRIMARY SCHOOL (288m, 3-4 mins) — A reputable primary school located very close by, making the morning school run quick and stress-free for parents.
• YUYING SECONDARY SCHOOL (250m, 2-3 mins) — This nearby secondary school offers great convenience for older children living in the area.
• SCHOOL HOUSE BYTHEGARDEN @ HOUGANG PTE. LTD. (250m, 2-3 mins) — A handy early learning option for families with young toddlers right in the immediate vicinity.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (201m, 2-3 mins) — A nearby medical facility that is convenient for general health consultations and traditional treatments.
• DR CHAN CLINIC (241m, 2-3 mins) — A local clinic just a few minutes away, perfect for handling common family ailments quickly.
• HEALTHCARE MEDICAL KOVAN (286m, 3-4 mins) — Reliable medical services located within easy walking distance for all your healthcare needs.

Shopping & Retail:

• HEARTLAND MALL KOVAN (536m, 6-7 mins) — Your go-to destination for a variety of retail shops, services, and everyday lifestyle needs.
• FAIRPRICE (610m, 7-8 mins) — A well-stocked supermarket for your weekly grocery runs located conveniently near the MRT station.
• NTUC FAIRPRICE FINEST - HOUGANG STREET 21 (682m, 8-9 mins) — Offers a premium selection of groceries and fresh produce for those who enjoy quality home cooking.

Dining & Food:

• NAKHOM KITCHEN (272m, 3-4 mins) — A popular local spot for authentic Thai food that is perfect for a quick and delicious dinner.
• ALHUSSAIN RESTAURANT (281m, 3-4 mins) — A great nearby choice for those who enjoy local flavors and casual dining any time of the day.
• 21 SEAFOOD HOUGANG (340m, 4-5 mins) — A local favorite for seafood lovers looking for a hearty meal without having to travel far.

Highly attractive for: Young Families, Urban Professionals, Established Couples

Market & Rental Insights

232 Hougang Avenue 1 demonstrates significant capital appreciation with a focus on rental activity.

• PSF Appreciation: S$473 → S$552 over recent years (+16.7%) from 2023 - 2025.
• Transactions: 2 rental transactions in the last 6 months, indicating modest rental activity.
• PG Pulse Insight: With a notable PSF growth of +16.7% and modest rental activity, 232 Hougang Avenue 1 shows strong capital gains potential for property owners.

Published date: August 2, 2026