240 Hougang Street 22 - 1 Units for Sale

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240 Hougang Street 22 – PropertyGuru Market Pulse Insights

Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity within the Hougang / Punggol / Sengkang market. This property continues to feature in the browsing mix for those evaluating residential options in this specific region.

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 638K
  • Avg PSF: S$ 570 psf (47.15% lower compared to Hougang / Punggol / Sengkang average of S$ 1,079 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the primary focus for buyers at this location. With only a single listing currently available, the limited inventory suggests a highly selective opportunity for those seeking entry into the area. The project represents significant competitive value, as its average per-square-foot pricing sits 47.15% lower than the broader district average. This substantial price gap may support steady buyer interest from value-oriented seekers looking for established residential space.

Location & Lifestyle Highlights — 240 Hougang Street 22 1070m (13 mins) to KOVAN MRT STATION — This station connects you directly to the North East Line, making trips to the city center and Serangoon Interchange very straightforward. Living at 240 Hougang Street 22 puts you in a settled residential area where daily essentials and local food are always within easy reach. It is a practical choice for those who value a mature neighborhood feel with a very strong network of bus services right at the doorstep. Nearby hotspots: MRT Stations:

• KOVAN MRT STATION (1070m, 13 mins) — Direct access to the North East Line for a smooth commute towards Dhoby Ghaut and HarbourFront.
• DEFU MRT STATION (1259m, 15-16 mins) — Future connectivity option providing more travel routes for residents in the Hougang area.

Bus Stops (36 within 1 km):

• OPP YUYING SEC SCH (238m, 2-3 mins) — Convenient boarding point for several local bus services heading towards major transport hubs.
• BLK 239 (242m, 2-3 mins) — Nearby stop that makes getting around the immediate neighborhood quick and hassle-free.

Education & Early Learning:

• LIVING SANCTUARY KINDERGARTEN (40m, 1 min) — Extremely close preschool option that makes the morning drop-off effortless for parents.
• YUYING SECONDARY SCHOOL (316m, 3-4 mins) — Established secondary school located just a short walk away for students.
• XINGHUA PRIMARY SCHOOL (408m, 4-5 mins) — Reputable primary education within very close proximity for young families.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (667m, 8-9 mins) — Local medical facility providing essential health services for the community.
• DR CHAN CLINIC (689m, 8-9 mins) — Handy neighborhood clinic for general medical consultations and family health needs.
• HEALTHCARE MEDICAL KOVAN (754m, 9-10 mins) — Reliable healthcare provider located near the Kovan area for comprehensive medical care.

Shopping & Retail:

• HEARTLAND MALL KOVAN (1001m, 12-13 mins) — Popular community mall with a variety of retail shops, services, and daily necessities.
• FAIRPRICE (1070m, 12-13 mins) — Trusted supermarket for all your grocery shopping and household essentials.
• NTUC FAIRPRICE FINEST - HOUGANG STREET 21 (1141m, 13-14 mins) — Premium grocery outlet offering a wider selection of quality produce and international products.

Dining & Food:

• MOLLYS NONYA CONFECTIONARY (331m, 3-4 mins) — Local favorite for traditional snacks and treats just a few minutes away.
• PRIME SUPERMARKET (435m, 5-6 mins) — Convenient spot for quick food runs and fresh ingredients close to home.
• MOONA THAI KITCHEN (653m, 7-8 mins) — Nearby dining option for those looking to enjoy authentic Thai flavors in the neighborhood.

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

Market & Rental Insights

240 Hougang Street 22 demonstrates a profile of significant capital appreciation and high rental efficiency within the Hougang area.

• PSF Appreciation:S$492.5 → S$550 over recent years (+11.68%) from 2023 - 2026.
• Expected Rental Yield: At 6.25%, this reflects a strong return for property owners.
• Transactions:1 rental transaction in the last 6 months and 2 sale transactions in the last 12 months, indicating modest rental and sale activity.
• PG Pulse Insight: With a +11.68% increase in PSF and a strong rental yield of 6.25%, the project offers a compelling combination of capital growth and high yield despite limited transaction volume.

Published date: October 2, 2026