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 Hougang / Punggol / Sengkang area, according to PropertyGuru's 30-day search trends. This property retains a presence in recent search activity for the local market, maintaining its visibility among those exploring residential options in the vicinity.

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 668K
  • Avg PSF: S$ 597 psf (41.76% 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 this development. With only a single unit currently listed, the limited inventory profile aligns with a highly competitive entry point for the area. The overall pricing represents a significant value proposition, sitting at a substantial discount relative to the broader district average. This selective supply-demand dynamic may support steady interest from buyers prioritizing space and affordability within the local market.

Location & Lifestyle Highlights — 240 Hougang Street 22 1070m (13 mins) to KOVAN MRT STATION — Kovan Station provides a direct link to the North-East Line, making commutes to the city center and Serangoon Interchange very straightforward. This address at 240 Hougang Street 22 offers a practical and efficient lifestyle in a mature residential setting. It is a location that balances quiet neighborhood living with very quick access to daily essentials and local food favorites. Nearby hotspots: MRT Stations:

• DEFU MRT STATION (1251m, 15-16 mins) — Future connectivity on the Cross Island Line will offer residents even more options for traveling across the island.

Bus Stops (38 within 1 km):

• OPP YUYING SEC SCH (238m, 2-3 mins) — Convenient bus services are just a short walk away for quick trips around the Hougang and Kovan areas.
• BLK 239 (242m, 2-3 mins) — Nearby bus stop providing easy access to the local transport network for daily commuting.

Education & Early Learning:

• LIVING SANCTUARY KINDERGARTEN (109m, 1-2 mins) — Preschool education is practically at the doorstep, making morning drop-offs very easy for parents.
• XINGHUA PRIMARY SCHOOL (408m, 4-5 mins) — A reputable primary school within a short walking distance for families with young children.
• YUYING SECONDARY SCHOOL (316m, 3-4 mins) — Close proximity to secondary education ensures a convenient journey for older students.

Healthcare & Wellness:

• NAM ANN SIANG THEON MEDICAL CENTRE (667m, 8-9 mins) — Reliable medical services nearby provide peace of mind for general health needs.
• HEALTHCARE MEDICAL KOVAN (745m, 8-9 mins) — Accessible healthcare facility located within the Kovan neighborhood hub.
• GYNAE HEALTH CLINIC FOR WOMEN (763m, 9-10 mins) — Specialized medical services are available within a short distance for residents.

Shopping & Retail:

• HEARTLAND MALL KOVAN (995m, 11-12 mins) — A popular neighborhood mall offering a variety of retail shops, services, and daily necessities.
• FAIRPRICE (1069m, 12-13 mins) — Trusted supermarket nearby for all your grocery shopping and household essentials.
• SHENG SIONG (1213m, 14-15 mins) — Additional grocery option providing a wide range of fresh produce and budget-friendly supplies.

Dining & Food:

• MOLLYS NONYA CONFECTIONARY (328m, 3-4 mins) — Traditional local treats and snacks are available just a few minutes away.
• MOONA THAI KITCHEN (650m, 7-8 mins) — Quality dining options in the immediate area offer a variety of flavors for residents.
• PRIME SUPERMARKET (432m, 5-6 mins) — Handy location for picking up fresh ingredients and food supplies for home cooking.

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: August 2, 2026