Blk 702 Hougang Avenue 2
About 702 Hougang Ave 2
702 Hougang Avenue 2 is an HDB block located in Hougang. It has 3 room and 4 room units and the highest floor is 13. The block was completed in 1984 and the lease with HDB commenced in 1985. This means that the remaining lease period is approximately 67 years 04 months. The unit floor size are 67, 71, 82 and 93sqm. The latest resale transaction was in May 2024 and the highest transacted price was recorded in May 2024 for a 3 room unit at $460,000.
There are several primary schools located within 1km of block 702, including Holy Innocents' Primary School, Xinghua Primary School and Xinmin Primary School.
For secondary education, the nearby schools include Montfort Secondary School and Yuying Secondary School.
Block 702 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Hougang MRT Station (NE14) and Kovan MRT Station (NE13).
There are also 6 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $330,000 | $373,571 | $460,000 | 9 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,680 | $1,905 | $2,200 | 6 |
| 4 room | $2,650 | $2,650 | $2,650 | 2 |
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 units at 702 Hougang Avenue 2.
- 3 room sales : Stable or no visible trend
- 3 room price : Trending up
Resale transaction details and prices
There were a total of 9 resale transactions in the last 3 years for units in block 702 Hougang Avenue 2, with the latest one recorded in May 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| May 2024 | $460,000 | $5,610 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 82 sqm | 13 to 15 | 82 sqm | New Generation | 1985 |
| Feb 2023 | $380,000 | $5,672 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1985 |
| Jan 2023 | $380,000 | $5,672 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 67 sqm | 10 to 12 | 67 sqm | New Generation | 1985 |
| Nov 2022 | $375,138 | $5,599 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1985 |
| Sep 2022 | $370,000 | $5,522 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1985 |
| May 2022 | $332,000 | $4,955 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 67 sqm | 01 to 03 | 67 sqm | New Generation | 1985 |
| Apr 2022 | $330,000 | $4,648 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 71 sqm | 04 to 06 | 71 sqm | New Generation | 1985 |
| Feb 2022 | $365,000 | $5,141 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 71 sqm | 10 to 12 | 71 sqm | New Generation | 1985 |
| Jan 2022 | $370,000 | $4,512 | 3 Room | Blk 702 Hougang Avenue 2 3 Room / 82 sqm | 07 to 09 | 82 sqm | New Generation | 1985 |
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 units at 702 Hougang Avenue 2.
- 3 room rental : Stable trend
- 4 room rental : Stable trend
- 3 room rental price : Trending up
- 4 room rental price : Stable trend
Rental transaction details and prices
There were a total of 8 rental transactions in the last 3 years for units in block 702 Hougang Avenue 2. The latest recorded one was in Apr 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Apr 2024 | $2,150 | 3 Room | Blk 702 Hougang Avenue 2 3 Room | Hougang |
| Jan 2024 | $2,200 | 3 Room | Blk 702 Hougang Avenue 2 3 Room | Hougang |
| Oct 2023 | $1,900 | 3 Room | Blk 702 Hougang Avenue 2 3 Room | Hougang |
| Aug 2023 | $2,650 | 4 Room | Blk 702 Hougang Avenue 2 4 Room | Hougang |
| Jun 2023 | $1,680 | 3 Room | Blk 702 Hougang Avenue 2 3 Room | Hougang |
| Dec 2022 | $1,800 | 3 Room | Blk 702 Hougang Avenue 2 3 Room | Hougang |
| Aug 2022 | $2,650 | 4 Room | Blk 702 Hougang Avenue 2 4 Room | Hougang |
| Jan 2022 | $1,700 | 3 Room | Blk 702 Hougang Avenue 2 3 Room | Hougang |
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Property information for 702 Hougang Avenue 2
| Block | : | 702 |
| Street | : | Hougang Avenue 2 |
| Building | : | |
| Postal code | : | 530702 |
| Town | : | Hougang |
| Recorded transactions floor area | : | 67 sqm, 71 sqm, 82 sqm, 93 sqm |
| Recorded transactions flat types | : | 3 Room, 4 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1985 |
| Year completed | : | 1984 |
| Max. Floor | : | 13 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
