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 a consistent point of reference for seekers evaluating residential options in this specific cluster.

Most-searched Units: 3-Bedroom

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

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 578K
  • Avg PSF: S$ 590 psf (40.67% lower compared to Hougang / Punggol / Sengkang average of S$ 994 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards 3-Bedroom configurations as the primary focus for property seekers interested in this development. With only a single unit currently available, the limited inventory creates a high-demand dynamic for those seeking entry-level pricing in the district. The property represents a significant value proposition, as its average unit pricing sits 40.67% lower than the broader Hougang / Punggol / Sengkang average. This substantial price gap likely supports steady interest from budget-conscious buyers looking for established residential options.

Location & Lifestyle Highlights — 704 Hougang Avenue 2

770m (9 mins) to KOVAN MRT STATION — This station connects you directly to the North East Line, making it very easy to reach the city center or Dhoby Ghaut in just a few stops.

This address at 704 Hougang Avenue 2 offers a practical and efficient home base for those who value a straightforward, modern lifestyle in a mature residential area. You are surrounded by a good mix of traditional food spots and essential transport links that make daily life here very smooth.

Nearby hotspots:

MRT Stations:

• HOUGANG MRT STATION (1088m, 13-14 mins) — Provides an alternative travel option on the North East Line and future Cross Island Line for better island-wide reach.
• DEFU MRT STATION (1201m, 14-15 mins) — Offers future connectivity for those working in the nearby industrial and business hubs.

Bus Stops (46 within 1 km):

• BLK 22 (94m, 1-2 mins) — Located just steps away, this stop offers immediate access to several local bus routes for a quick commute.
• OPP BLK 370 (110m, 1-2 mins) — Handy for residents needing to travel towards the heart of Hougang or Kovan quickly.

Education & Early Learning:

• MY FIRST SKOOL (118m, 1-2 mins) — A very convenient childcare option for parents who need quality early education right at their doorstep.
• PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR BLK 23 (KN) (316m, 3-4 mins) — Another reliable pre-school choice within a short walk for young families.
• XINGHUA PRIMARY SCHOOL (1139m, 13-14 mins) — A reputable local primary school located within a reasonable distance for school-going children.

Healthcare & Wellness:

• JOASH FAMILY CLINIC AND SURGERY (262m, 3-4 mins) — Provides peace of mind with medical consultations and healthcare services just around the corner.
• FHC DIALYSIS CENTRE PTE LTD (661m, 7-8 mins) — Offers specialized medical support and healthcare facilities within the immediate neighbourhood.
• CHIEW CLINIC (708m, 8-9 mins) — A nearby option for general health check-ups and family medical needs.

Shopping & Retail:

• HEARTLAND MALL KOVAN (811m, 9-10 mins) — The main shopping hub in the area for groceries, fashion, and various lifestyle services.
• J MART (1046m, 12-13 mins) — Great for picking up Japanese specialty groceries and daily household essentials.
• SHENG SIONG (1106m, 13-14 mins) — A large supermarket nearby that is perfect for affordable weekly grocery runs.

Dining & Food:

• COFFEESHOP (171m, 2-3 mins) — A very close spot for a quick, affordable local meal or a morning coffee.
• SIN CHIE TOKE HUAN HAINANESE CURRY RICE (315m, 3-4 mins) — A famous local eatery perfect for those who enjoy traditional Hainanese flavors.
• THE BREAD TABLE (345m, 4-5 mins) — A nice local bakery for fresh bread and pastries just a short stroll from home.

Convenience Stores:

• CHEERS (157m, 1-2 mins) — Perfect for grabbing quick snacks or drinks at any time of the day.

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

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: June 2, 2026