246 Hougang Street 22 - 1 Units for Sale

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246 Hougang Street 22 – PropertyGuru Market Pulse Insights

The project retains a presence in recent search activity for the local market, according to PropertyGuru's 30-day search trends. Area-level search behaviour shows the development remaining relevant within current property browsing activity in Hougang / Punggol / Sengkang.

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 400K
  • Avg PSF: S$ 555 psf (65.06% lower compared to Hougang / Punggol / Sengkang average of S$ 1,588 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 570K
  • Avg PSF: S$ 569 psf (44.45% 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 a primary interest point for buyers seeking larger floor plates. With only a single listing available per unit type, the limited inventory creates a highly selective opportunity for those prioritizing specific features like corner units or renovated interiors. Overall, the property is positioned at a significant discount relative to the broader district average, offering a competitive entry point into the area. This pricing advantage combined with specialized amenities suggests steady market support for the remaining available units.

Location & Lifestyle Highlights — 246 Hougang Street 22 890m (11 mins) to KOVAN MRT STATION — This station provides a direct link to the North East Line, making trips to the city center and Dhoby Ghaut very straightforward for daily commuters. This address at 246 Hougang Street 22 offers a practical and well-connected lifestyle within a mature residential neighborhood. Residents benefit from being surrounded by a wide variety of local food options and essential services that make everyday living easy and efficient. Nearby hotspots: MRT Stations:

• DEFU MRT STATION (847m, 10-11 mins) — Future-ready connectivity that will enhance travel options across the island once the Cross Island Line is operational.
• KOVAN MRT STATION (890m, 11 mins) — Main transport hub for the area, connecting residents to the North East Line for a smooth ride to the CBD.

Bus Stops (43 within 1 km):

• BLK 248 (240m, 2-3 mins) — Conveniently located stop providing quick access to several bus routes serving the immediate Hougang and Kovan areas.
• AFT AN-NAEEM MQUE (282m, 3-4 mins) — Useful boarding point for residents heading towards major arterial roads and nearby transport interchanges.

Education & Early Learning:

• SILK EDUCATION PTE. LTD. (0m, 0 min) — Immediate access to early childhood learning right at the doorstep for parents with young children.
• BRAINY BUNCH INTERNATIONAL MONTESSORI (0m, 0 min) — Specialized early education facility located within the same vicinity for maximum morning convenience.
• XINGHUA PRIMARY SCHOOL (396m, 4-5 mins) — Reputable primary education within a short walk, making it a very practical choice for families with school-going kids.

Healthcare & Wellness:

• DR CHAN CLINIC (460m, 5-6 mins) — Nearby general practitioner for quick medical consultations and family healthcare needs.
• GYNAE HEALTH CLINIC FOR WOMEN (534m, 6-7 mins) — Specialized women's healthcare services available within a short walk from home.
• HEALTHCARE MEDICAL KOVAN (618m, 7-8 mins) — Comprehensive medical facility providing a range of health services for the local community.

Shopping & Retail:

• SHENG SIONG (808m, 9-10 mins) — Reliable supermarket for fresh produce and household essentials at competitive prices.
• HEARTLAND MALL KOVAN (856m, 10-11 mins) — Popular neighborhood mall featuring a variety of retail shops, services, and daily necessities.
• FAIRPRICE (943m, 11-12 mins) — Trusted grocery outlet providing a wide selection of international and local products for the weekly shop.

Dining & Food:

• ALHUSSAIN RESTAURANT (424m, 5-6 mins) — Local dining spot perfect for those who enjoy quick and tasty meals close to home.
• NAKHOM KITCHEN (432m, 5-6 mins) — Well-known eatery in the area offering popular Thai cuisine for casual family dinners.
• 21 SEAFOOD HOUGANG (449m, 5-6 mins) — Great neighborhood option for fresh seafood and communal dining with friends or family.

Highly attractive for: Young Families, Urban Professionals, Investors

Market & Rental Insights

246 Hougang Street 22 demonstrates a profile of significant capital appreciation paired with high rental returns, indicating a project with strong investment fundamentals.

• PSF Appreciation: S$488 → S$569 over recent years (+16.6%) from 2023 - 2026.
• Expected Rental Yield: At 7.17%, this reflects a strong return for investors.
• Transactions: 2 rental transactions in the last 6 months and 1 sale transaction in the last 12 months, showing modest rental and limited sale activity.
• PG Pulse Insight: With a +16.6% PSF growth and a strong rental yield of 7.17%, the project offers a compelling combination of capital gains and high yield despite limited transaction volume.

Published date: August 2, 2026