Blk 248 Hougang Avenue 3
About 248 Hougang Ave 3
248 Hougang Avenue 3 comprises 3 room and 4 room HDB blocks and is located in Hougang. It was completed in year 1984 and the lease commenced in 1984. The remaining lease period with HDB is therefore approximately 66 years 08 months.
The highest floor for this block is 12. The unit floor size are 67, 71, 72, 91, 93, 95 and 99sqm, based on past transactions data. The latest resale transaction was in Jan 2024 and the highest transacted price was recorded in Aug 2023 for a 4 room unit at $485,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 248, including Xinghua Primary School and Holy Innocents' Primary School.
For secondary education, the nearby schools include Yuying Secondary School.
Block 248 is also well-connected to public transportation, with several MRT stations close by, including Kovan MRT Station (NE13).
There are also 4 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $312,000 | $370,643 | $402,500 | 7 |
| 4 room | $485,000 | $485,000 | $485,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,300 | $2,240 | $2,800 | 5 |
| 4 room | $1,800 | $2,330 | $3,550 | 5 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 3 room and 4 room units at 248 Hougang Avenue 3.
- 3 room sales : Trending up
- 4 room sales : Stable or no visible trend
- 3 room price : Trending up
- 4 room price : Stable or no visible trend
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 248 Hougang Avenue 3, with the latest one recorded in Jan 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Jan 2024 | $402,500 | $6,007 | 3 Room | Blk 248 Hougang Avenue 3 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1984 |
| Jan 2024 | $358,000 | $4,972 | 3 Room | Blk 248 Hougang Avenue 3 3 Room / 72 sqm | 01 to 03 | 72 sqm | New Generation | 1984 |
| Jan 2024 | $395,000 | $5,896 | 3 Room | Blk 248 Hougang Avenue 3 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1984 |
| Nov 2023 | $385,000 | $5,746 | 3 Room | Blk 248 Hougang Avenue 3 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1984 |
| Oct 2023 | $390,000 | $5,821 | 3 Room | Blk 248 Hougang Avenue 3 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1984 |
| Aug 2023 | $485,000 | $5,215 | 4 Room | Blk 248 Hougang Avenue 3 4 Room / 93 sqm | 10 to 12 | 93 sqm | New Generation | 1984 |
| Oct 2022 | $352,000 | $5,254 | 3 Room | Blk 248 Hougang Avenue 3 3 Room / 67 sqm | 01 to 03 | 67 sqm | New Generation | 1984 |
| Jul 2021 | $312,000 | $4,657 | 3 Room | Blk 248 Hougang Avenue 3 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1984 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 3 room and 4 room units at 248 Hougang Avenue 3.
- 3 room rental : Stable trend
- 4 room rental : Stable trend
- 3 room rental price : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 10 rental transactions in the last 3 years for units in block 248 Hougang Avenue 3. The latest recorded one was in Apr 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2024 | $1,900 | 4 Room | Blk 248 Hougang Avenue 3 4 Room | Hougang |
| Oct 2023 | $2,800 | 3 Room | Blk 248 Hougang Avenue 3 3 Room | Hougang |
| Jul 2023 | $3,550 | 4 Room | Blk 248 Hougang Avenue 3 4 Room | Hougang |
| Jun 2023 | $2,500 | 4 Room | Blk 248 Hougang Avenue 3 4 Room | Hougang |
| May 2023 | $2,500 | 3 Room | Blk 248 Hougang Avenue 3 3 Room | Hougang |
| Sep 2022 | $2,500 | 3 Room | Blk 248 Hougang Avenue 3 3 Room | Hougang |
| Mar 2022 | $1,900 | 4 Room | Blk 248 Hougang Avenue 3 4 Room | Hougang |
| Mar 2022 | $1,300 | 3 Room | Blk 248 Hougang Avenue 3 3 Room | Hougang |
| Oct 2021 | $2,100 | 3 Room | Blk 248 Hougang Avenue 3 3 Room | Hougang |
| Aug 2021 | $1,800 | 4 Room | Blk 248 Hougang Avenue 3 4 Room | Hougang |
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Property information for 248 Hougang Avenue 3
| Block | : | 248 |
| Street | : | Hougang Avenue 3 |
| Building | : | |
| Postal code | : | 530248 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 67 sqm, 71 sqm, 72 sqm, 91 sqm, 93 sqm, 95 sqm, 99 sqm |
| Recorded transactions flat types | : | 3 Room, 4 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1984 |
| Year completed | : | 1984 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |