708 Hougang Avenue 2 - 1 Units for Sale

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708 Hougang Avenue 2 – PropertyGuru Market Pulse Insights

The development continues to feature in recent search behaviour across the Hougang / Punggol / Sengkang market, drawing on 30 days of PropertyGuru search activity. This project remains part of the local consideration set for buyers exploring established residential options in the vicinity.

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 460K
  • Avg PSF: S$ 638 psf (59.82% lower compared to Hougang / Punggol / Sengkang average of S$ 1,588 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for this development. With only a single unit currently listed, the tight inventory profile suggests a highly selective opportunity for buyers seeking entry into the area. The property is positioned at a significant discount relative to the broader district average, representing a competitive value proposition. This pricing gap, combined with specific feature preferences, supports steady attention from value-oriented buyer seekers.

Location & Lifestyle Highlights — 708 Hougang Avenue 2 930m (11 mins) to HOUGANG MRT STATION — This key transport node links you directly to the North East Line and the future Cross Island Line for efficient travel across the island. 708 Hougang Avenue 2 offers a practical and well-connected living experience in the heart of a mature residential estate. The location is perfect for those who value having daily essentials and a wide variety of local food options right at their doorstep. Nearby hotspots: MRT Stations:

• KOVAN MRT STATION (967m, 11-12 mins) — Another convenient rail option nearby that connects you to the city and the vibrant Kovan food scene.

Bus Stops (48 within 1 km):

• BLK 708 (24m, 1 min) — Just a few steps away, providing immediate access to several bus routes for a quick commute.
• PUNGGOL CC (118m, 1-2 mins) — Very close by, offering more bus connections to the surrounding neighbourhoods and amenities.

Education & Early Learning:

• MY FIRST SKOOL (173m, 2-3 mins) — A trusted early childhood education centre located just a short walk away for young families.
• PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR BLK 23 (KN) (341m, 4-5 mins) — Conveniently located preschool nearby, making the morning school run much easier.
• MONTFORT JUNIOR SCHOOL (1038m, 12-13 mins) — A well-established primary school within the area for growing children.

Healthcare & Wellness:

• JOASH FAMILY CLINIC AND SURGERY (467m, 5-6 mins) — A handy medical clinic nearby for the family's primary healthcare needs.
• POW FAMILY CLINIC SURGERY (855m, 10-11 mins) — Additional medical services available within a short walk for peace of mind.
• FHC DIALYSIS CENTRE PTE LTD (866m, 10-11 mins) — Specialized healthcare facility located conveniently within the neighbourhood.

Shopping & Retail:

• J MART (849m, 10-11 mins) — A nearby retail option for your daily household needs and grocery shopping.
• HEARTLAND MALL KOVAN (1016m, 12-13 mins) — A popular local mall offering a variety of retail shops, services, and dining choices.
• SHENG SIONG (1197m, 14-15 mins) — A reliable supermarket for fresh produce and affordable household essentials.

Dining & Food:

• COFFEESHOP (375m, 4-5 mins) — A quick walk for affordable local meals and a morning coffee.
• PENGS RESTAURANT AND CATERING (406m, 4-5 mins) — A nearby dining spot perfect for family dinners or casual meals.
• SIN CHIE TOKE HUAN HAINANESE CURRY RICE (520m, 6-7 mins) — A well-known local eatery offering famous Hainanese curry rice just minutes away.

Highly attractive for: Young Couples, Urban Professionals, Investors

Market & Rental Insights

708 Hougang Avenue 2 demonstrates significant capital growth and high rental efficiency within the Hougang residential market.

• PSF Appreciation: S$480 → S$563 over recent years (+17.29%) from 2023 - 2025.
• Expected Rental Yield: At 6.48%, 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, indicating modest rental and limited sale activity.
• PG Pulse Insight: With a substantial PSF increase of 17.29% and a strong rental yield of 6.48%, the project presents a compelling profile for yield-focused investors despite limited transaction volume.

Published date: August 2, 2026