701 Hougang Avenue 2 - 2 Units for Sale

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701 Hougang Avenue 2 – PropertyGuru Market Pulse Insights

The project remains visible within recent property searches tied to the local Hougang / Punggol / Sengkang area, according to PropertyGuru's 30-day search trends. This presence in recent search activity for the local market highlights its continued relevance to active buyer seekers looking for established residential options.

Most-searched Units: 3-Bedroom

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 430K
  • Avg PSF: S$ 563 psf (64.56% lower compared to Hougang / Punggol / Sengkang average of S$ 1,588 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 580K
  • Avg PSF: S$ 561 psf (45.22% 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 preferred choice for those exploring this development. With only single units available across both tracked layouts, the limited inventory suggests a highly selective market for buyers seeking entry-level pricing. The property overall represents a significant value proposition, with average rates sitting substantially lower than the broader district benchmarks. Such a competitive pricing profile likely supports steady interest from budget-conscious seekers looking for space in a mature residential setting.

Location & Lifestyle Highlights — 701 Hougang Avenue 2 980m (12 mins) to KOVAN MRT STATION — Quick access to the North-East Line provides a direct and efficient link to the city center and major commercial hubs. This address at 701 Hougang Avenue 2 offers a practical and well-connected home base in a mature residential neighborhood. Residents enjoy the balance of quiet suburban living while being surrounded by a high density of local transport options and everyday conveniences. Nearby hotspots: MRT Stations:

• HOUGANG MRT STATION (993m, 11-12 mins) — Major transport node serving as a convenient alternative for daily commuting across the island.
• DEFU MRT STATION (1152m, 13-14 mins) — Future-ready connectivity that will further enhance travel options for residents in the area.

Bus Stops (50 within 1 km):

• BLK 708 (119m, 1-2 mins) — Just a few steps away for quick and easy access to the extensive local bus network.
• OPPOSITE BLK 25 (197m, 2-3 mins) — Highly accessible stop providing additional routes for a smooth daily commute.

Education & Early Learning:

• MY FIRST SKOOL (145m, 1-2 mins) — Reliable early childhood education located right at your doorstep for maximum parental convenience.
• PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR BLK 23 (KN) (197m, 2-3 mins) — Nearby preschool option offering quality early learning within a short walk.
• MONTFORT JUNIOR SCHOOL (1140m, 13-14 mins) — Established primary education facility serving the local community for generations.

Healthcare & Wellness:

• JOASH FAMILY CLINIC AND SURGERY (470m, 5-6 mins) — Immediate medical care and family health services located within a comfortable walking distance.
• RAFFLES MEDICAL (956m, 11-12 mins) — Trusted healthcare provider nearby for comprehensive medical consultations and wellness checks.
• FHC DIALYSIS CENTRE PTE LTD (870m, 10-11 mins) — Specialized medical facility providing essential health support services close to home.

Shopping & Retail:

• J MART (951m, 11-12 mins) — Convenient retail spot for picking up daily essentials and household necessities.
• HEARTLAND MALL KOVAN (1020m, 12-13 mins) — Vibrant neighborhood mall offering a variety of retail shops, services, and lifestyle needs.
• SHENG SIONG (1053m, 12-13 mins) — Popular supermarket choice for fresh produce and affordable grocery shopping.

Dining & Food:

• COFFEESHOP (267m, 3-4 mins) — Local dining spot perfect for a quick, fuss-free meal or a morning coffee just around the corner.
• PENGS RESTAURANT AND CATERING (433m, 5-6 mins) — Nearby eatery providing convenient dining options for residents and families.
• SIN CHIE TOKE HUAN HAINANESE CURRY RICE (523m, 6-7 mins) — Famous local culinary favorite offering authentic flavors within an easy walk.

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

Market & Rental Insights

701 Hougang Avenue 2 demonstrates significant capital appreciation and high rental yield potential within the Hougang area.

• PSF Appreciation: S$515 → S$594 over recent years (+15.34%) from 2023 - 2026.
• Expected Rental Yield: At 6.78%, this reflects a strong rental return for investors.
• Transactions: 1 rental transaction in the last 6 months and 2 sale transactions in the last 12 months, showing modest rental and limited sale activity.
• PG Pulse Insight: With a +15.34% PSF growth and a strong rental yield of 6.78%, 701 Hougang Avenue 2 presents a high-yielding investment opportunity despite limited transaction volume.

Published date: August 2, 2026