704 Hougang Avenue 2 - 1 Units for Sale

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704 Hougang Avenue 2 – PropertyGuru Market Pulse Insights

Recent PropertyGuru search behaviour suggests the development keeps a steady visible presence locally within the Hougang / Punggol / Sengkang market. Drawing on 30 days of PropertyGuru search activity, the property remains part of the consideration set for buyers exploring established residential options in this region. This consistent visibility among property seekers underscores its ongoing relevance in a competitive suburban landscape.

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 568K
  • Avg PSF: S$ 580 psf (43.46% lower compared to Hougang / Punggol / Sengkang average of S$ 1,025 psf)
  • Available Units: 1

Key Takeaway: Recent market data highlights a clear interest in the development's functional layouts, which cater to buyers prioritizing essential residential features like corner units and renovated interiors. With the current 3-Bedroom inventory priced at a significant 43.46% discount relative to the broader Hougang / Punggol / Sengkang average, the property offers a highly competitive entry point for value-oriented seekers. The limited availability of just one active listing suggests a tight supply environment that may support price stability. Overall, the project represents a selective opportunity for buyers looking for affordability within a well-connected district.

Location & Lifestyle Highlights — 704 Hougang Avenue 2 770m (9 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. Nestled in a mature residential area, this property offers a practical and efficient lifestyle with everything you need for daily living right at your doorstep. The location balances quiet residential comfort with incredible access to local food haunts and transport hubs. Nearby hotspots: MRT Stations:

• HOUGANG MRT STATION (1088m, 13-14 mins) — A major transport node that connects you to the future Cross Island Line for even better island-wide travel.
• DEFU MRT STATION (1201m, 14-15 mins) — Another upcoming rail option that will enhance the long-term value and connectivity of the area.

Bus Stops (46 within 1 km):

• BLK 22 (94m, 1-2 mins) — Just a few steps away for quick bus trips around the Hougang and Kovan neighborhoods.
• OPP BLK 370 (110m, 1-2 mins) — Extremely convenient stop for residents heading towards the main road or nearby amenities.

Education & Early Learning:

• MY FIRST SKOOL (118m, 1-2 mins) — A very short walk for parents with young children, making morning drop-offs completely stress-free.
• PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR BLK 23 (KN) (316m, 3-4 mins) — Another reputable early childhood option located within the immediate neighborhood.
• XINGHUA PRIMARY SCHOOL (1139m, 13-14 mins) — A established local primary school option for families with school-going children.

Healthcare & Wellness:

• JOASH FAMILY CLINIC AND SURGERY (262m, 3-4 mins) — Nearby medical care for the family's basic health needs and consultations.
• FHC DIALYSIS CENTRE PTE LTD (661m, 7-8 mins) — Specialized medical services available within the local vicinity.
• WATSONS (811m, 9-10 mins) — Handy for picking up health supplements, personal care items, and pharmacy needs.

Shopping & Retail:

• HEARTLAND MALL KOVAN (811m, 9-10 mins) — A popular local mall featuring a variety of retail shops, services, and a wet market nearby.
• J MART (1046m, 12-13 mins) — Specialized retail option for Japanese groceries and unique household finds.
• SHENG SIONG (1106m, 13-14 mins) — A reliable spot for affordable fresh produce and daily grocery runs.

Dining & Food:

• COFFEESHOP (171m, 2-3 mins) — Perfect for a quick, affordable local breakfast or a casual dinner close to home.
• SIN CHIE TOKE HUAN HAINANESE CURRY RICE (315m, 3-4 mins) — A famous local dining spot known for its traditional flavors and hearty meals.
• THE BREAD TABLE (345m, 4-5 mins) — An artisanal bakery nearby for fresh bakes and quality sourdough.

Convenience Stores:

• CHEERS (157m, 1-2 mins) — Ideal for late-night snacks or urgent household essentials just around the corner.

Highly attractive for: Young Couples, Urban Professionals, Investors, Small Families

Market & Rental Insights

704 Hougang Avenue 2 demonstrates significant capital appreciation and strong rental performance within the Hougang area.

• PSF Appreciation: S$458 → S$582 over recent years (+27.07%) from 2023 - 2026.
• Expected Rental Yield: At 5.68%, this reflects a strong return for investors.
• Transactions: 3 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 27.07% PSF growth and a strong rental yield of 5.68%, the project offers a compelling profile for yield-focused investors despite limited transaction volume.

Published date: August 2, 2026