Blk 703 Hougang Avenue 2
About 703 Hougang Ave 2
703 Hougang Avenue 2 is an HDB block in Hougang. It comprises 3 room and 4 room units with the highest floor being 13. The block was completed in 1984 and the lease with HDB commenced in the year 1986. This leaves a remaining lease period of approximately 68 years 02 months.
Based on past transactions data, the unit floor size are 67, 71, 82 and 93sqm. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in Oct 2024 for a 4 room unit at $550,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 703, 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.
Public transportation is also convenient, with several MRT stations close to 703, including Hougang MRT Station (NE14) and Kovan MRT Station (NE13). There are also 6 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 3 room | $365,000 | $393,000 | $425,000 | 8 |
| 4 room | $425,000 | $487,500 | $550,000 | 2 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 3 room | $1,600 | $2,300 | $2,800 | 14 |
| 4 room | $2,200 | $2,400 | $2,600 | 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 and 4 room units at 703 Hougang Avenue 2.
- 3 room sales : Trending up
- 4 room sales : Stable or no visible trend
- 3 room price : Trending up
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 10 resale transactions in the last 3 years for units in block 703 Hougang Avenue 2, with the latest one recorded in Oct 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Oct 2024 | $550,000 | $5,914 | 4 Room | Blk 703 Hougang Avenue 2 4 Room / 93 sqm | 04 to 06 | 93 sqm | New Generation | 1986 |
| Feb 2024 | $415,000 | $6,194 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 67 sqm | 10 to 12 | 67 sqm | New Generation | 1986 |
| Feb 2024 | $425,000 | $6,343 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1986 |
| Dec 2023 | $408,000 | $6,090 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 67 sqm | 04 to 06 | 67 sqm | New Generation | 1986 |
| Oct 2023 | $395,000 | $5,563 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 71 sqm | 01 to 03 | 71 sqm | New Generation | 1986 |
| Dec 2022 | $380,000 | $5,672 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1986 |
| Sep 2022 | $365,000 | $5,141 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 71 sqm | 07 to 09 | 71 sqm | New Generation | 1986 |
| May 2022 | $425,000 | $4,570 | 4 Room | Blk 703 Hougang Avenue 2 4 Room / 93 sqm | 04 to 06 | 93 sqm | New Generation | 1986 |
| Mar 2022 | $386,000 | $4,707 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 82 sqm | 01 to 03 | 82 sqm | New Generation | 1986 |
| Jan 2022 | $370,000 | $5,522 | 3 Room | Blk 703 Hougang Avenue 2 3 Room / 67 sqm | 07 to 09 | 67 sqm | New Generation | 1986 |
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 703 Hougang Avenue 2.
- 3 room rental : Trending up
- 4 room rental : Stable trend
- 3 room rental price : Trending up
- 4 room rental price : Trending down
Rental transaction details and prices
There were a total of 16 rental transactions in the last 3 years for units in block 703 Hougang Avenue 2. The latest recorded one was in Sep 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Sep 2024 | $2,800 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Jul 2024 | $2,250 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Jul 2024 | $2,600 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Jan 2024 | $2,450 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Nov 2023 | $2,700 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Sep 2023 | $2,200 | 4 Room | Blk 703 Hougang Avenue 2 4 Room | Hougang |
| Jul 2023 | $1,600 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| May 2023 | $2,800 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Apr 2023 | $2,200 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Nov 2022 | $2,500 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Sep 2022 | $2,600 | 4 Room | Blk 703 Hougang Avenue 2 4 Room | Hougang |
| Aug 2022 | $1,900 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Aug 2022 | $2,000 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Jun 2022 | $2,000 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| May 2022 | $2,600 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
| Mar 2022 | $1,800 | 3 Room | Blk 703 Hougang Avenue 2 3 Room | Hougang |
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Property information for 703 Hougang Avenue 2
| Block | : | 703 |
| Street | : | Hougang Avenue 2 |
| Building | : | |
| Postal code | : | 530703 |
| 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 | : | 1986 |
| Year completed | : | 1984 |
| Max. Floor | : | 13 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
