Type

Units

Min Area

Price Range

3 BR

1378 sqft

S$818K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$818K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$164K on this acquisition.
Located 11 min (910 m) from NE14 Hougang MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

467 Hougang Avenue 8: A Mature HDB Development in a Thriving Residential Enclave

467 Hougang Avenue 8 represents a well-established residential address in one of Singapore's most vibrant mature housing estates. Located in the heart of Hougang, this HDB development offers residents immediate proximity to the North-East MRT line, anchored by Hougang Station (NE14) just over 10 minutes' walk away. The accessible transport connectivity makes this location particularly appealing for commuters heading towards the city centre or to key employment hubs across the island.

The development encompasses a range of unit configurations suited to different household compositions and life stages. Properties available in this project span multiple bedroom formats, with built-in areas typically ranging around 1,400 square feet, delivering ample living space for modern family living. The mature estate character means residents benefit from well-developed ground-level amenities, established void deck activities, and a sense of community that has developed over decades of residential occupation.

Strategic Location and Transport Accessibility

Hougang's position on the North-East Line offers significant convenience for daily commutes. The 11-minute walking distance to Hougang MRT Station connects residents directly to key zones including Serangoon, Dhoby Ghaut, and the downtown core. This accessibility is a fundamental driver of appeal for working professionals and families who prioritise transport efficiency. The maturity of the Hougang estate also means excellent bus connectivity, with multiple routes serving the immediate vicinity and linking to secondary nodes across the North-East region.

Beyond transport, the location sits within close proximity to established shopping facilities, hawker centres serving multiple cuisines, and community facilities. Residents enjoy the convenience of mature, walkable neighbourhoods without the construction disruption often associated with newer estates. The established nature of the enclave provides certainty about the character and amenity baseline of the area.

Unit Specifications and Living Space

The development offers properties with configurations designed for multigenerational and extended family living. Units typically feature multiple bedrooms and bathrooms, with internal areas providing sufficient space for comfortable daily living and entertaining. The standard-sized floor plans reflect the practical design philosophy of HDB developments, maximising usable living area whilst maintaining efficient layout proportions.

Ceiling heights and natural lighting are standard features of HDB construction from this era, and unit conditions vary based on individual renovation histories. Buyers will find opportunities ranging from move-in ready units to those offering scope for personalised upgrading. The flexibility in unit conditions means purchasers across different budget bands can identify suitable options within the development's available inventory.

Investment and Rental Potential

From an investment perspective, properties in Hougang have demonstrated resilience and steady appreciation over medium to long-term holding periods. The rental market in this district remains robust, underpinned by strong demand from young families, working professionals, and expatriates seeking convenient, well-serviced HDB living. Lease structures for properties at 467 Hougang Avenue 8 vary, and prospective investors should verify tenure details during their due diligence process to understand long-term capital preservation implications.

The yield profile for this development is attractive relative to many comparable mature estates, with rental demand driven by proximity to employment centres, educational institutions, and the inherent convenience of the Hougang location. Properties are typically occupied within tight turnaround periods, reducing vacancy risk for active landlords. The established tenant demographic in this area—professionals, small families, and service workers—demonstrates consistent demand characteristics.

Pricing Context and Market Position

Properties at 467 Hougang Avenue 8 are positioned competitively within the broader Hougang market and the wider mature HDB landscape. Pricing reflects the development's established status, transport connectivity, and unit specifications. Compared to newer estates further from the MRT network, this location commands a reasonable price premium justified by accessibility and amenity maturity. Recent transactions in the immediate area have set comparable benchmarks, and interested buyers should review transacted prices per square foot to contextualise current asking levels.

The entry point for units across various configurations positions this development as accessible to first-time upgraders, investors seeking yield, and families seeking larger living space at reasonable capital outlay. Compared to freehold or 999-year developments in other districts, the value proposition here centres on location efficiency and established community character rather than lease longevity.

Financing and Ownership Considerations

Prospective buyers should note that Additional Buyer's Stamp Duty (ABSD) applies to second residential property purchases by Singapore Citizens at a rate of 20%. For first-time buyers, standard Buyer's Stamp Duty applies. Mortgage availability for HDB properties in Hougang is generally straightforward, with most financial institutions offering competitive rates and flexible terms. Total Debt Servicing Ratio (TDSR) calculations should incorporate current mortgage rates, and buyers are encouraged to seek pre-approval to establish clear purchase capacity.

The lease tenure of properties at this address should be confirmed during the negotiation phase, as tenure impacts both financing terms and long-term capital preservation. Properties with shorter remaining lease terms may attract lower valuations and tighter lending parameters, particularly as they approach the 80-year mark.

Suitability for Different Buyer Profiles

First-time buyers will find 467 Hougang Avenue 8 particularly appealing due to the established infrastructure, transparent pricing, and availability of financing. The mature estate character reduces uncertainty about neighbourhood development or disruption. Upgraders moving from smaller units appreciate the additional space and bathroom configurations, making this development a logical stepping stone for growing families. High-net-worth individuals seeking portfolio diversification through stable HDB investments will value the consistent rental demand and location reliability.

Investor-landlords benefit from the established tenant pool and high occupancy rates typical of accessible Hougang locations. Owner-occupiers appreciate the balance of affordability, space, and connectivity without premium positioning or experimental design features. The development suits risk-averse purchasers who prioritise proven long-term performance over speculative upside.

Market Outlook and District Growth

The Hougang district continues to evolve with infrastructure improvements and economic activity centred around the North-East corridor. Employment growth in adjacent business parks and the ongoing integration of regional transport networks support sustained demand for residential accommodation in this location. Future supply in the immediate vicinity appears limited, which may provide modest support for capital appreciation in established developments like 467 Hougang Avenue 8.

Properties in this district have consistently attracted buyer attention through economic cycles, reflecting the fundamental appeal of mature, well-connected residential living. Prospective owners should evaluate their own medium to long-term objectives, as this development represents a stable, incrementally appreciating asset rather than a volatile or high-growth play.

Frequently Asked Questions

What rental yield could I expect if I purchase a unit at 467 Hougang Avenue 8 as an investment property?

The rental yield for properties at 467 Hougang Avenue 8 typically ranges between 2.5% and 3.5% gross annually, depending on unit configuration, condition, and current market rates for similar HDB properties in Hougang. This yield is calculated by dividing annual rental income by the property purchase price and remains competitive within the mature HDB segment, particularly given the strong tenant demand driven by proximity to Hougang MRT Station and established employment nodes. Investors should conduct recent comparable rental transactions in the same block and immediate vicinity to refine yield expectations, as micro-location factors and unit-specific features influence achievable rental rates. The consistent demand from working professionals and families seeking convenient North-East corridor accommodation supports stable occupancy and rental growth aligned with general HDB market appreciation.

How does the price per square foot at 467 Hougang Avenue 8 compare to recent HDB transactions in Hougang?

Properties at 467 Hougang Avenue 8 are priced at competitive levels reflective of the development's mature status and Hougang MRT proximity, with per-square-foot pricing typically aligning closely with recent transacted units in nearby blocks within the same estate. Recent market transactions in Hougang for comparable 3-bedroom configurations have ranged from approximately S$590 to S$650 per square foot, though this varies significantly based on unit condition, floor level, and specific renewal or renovation status. Buyers should commission recent transactional analysis from HDB records or use available market data platforms to compare 467 Hougang Avenue 8 units against 2 to 3-month-old comparable sales in the immediate precinct, as quarterly variations reflect broader HDB market sentiment. Properties with similar lease tenures, unit types, and condition profiles provide the most relevant benchmarking baseline for evaluating value proposition.

What is the Additional Buyer's Stamp Duty implication if I am purchasing 467 Hougang Avenue 8 as a second residential property?

Singapore Citizens purchasing a second residential property at 467 Hougang Avenue 8 will be liable for Additional Buyer's Stamp Duty (ABSD) at a rate of 20% calculated on the purchase price. This means that on a property purchase price of S$818,000, ABSD would amount to approximately S$163,600, substantially increasing the total cash outlay required at point of purchase alongside legal fees, survey charges, and any agent commissions. ABSD is payable within 30 days of execution of the sale and purchase agreement and cannot be financed through a mortgage, requiring buyers to have sufficient liquid reserves or alternative funding arrangements. Second-property purchasers should factor this significant cost into their investment analysis, particularly when evaluating whether gross rental yield and capital appreciation justify the substantial upfront duty burden. Permanent Residents and foreign nationals face even higher ABSD rates, making Singapore Citizen second-property purchase the most favourable scenario from a stamp duty perspective.

What is the lease tenure at 467 Hougang Avenue 8, and how might lease decay impact resale value?

The lease tenure for properties at 467 Hougang Avenue 8 should be verified during the purchasing process, as individual units may have differing remaining lease periods depending on their construction or last transaction date. HDB properties typically carry 99-year lease terms from initial completion, and as properties approach the 60-80 year mark of remaining tenure, financial institutions may impose stricter lending criteria, valuations may compress, and buyer appeal progressively narrows. Once a property's remaining lease falls below approximately 70 years, mortgage availability becomes restricted and valuation haircuts increase noticeably, potentially reducing resale proceeds by 10-30% compared to identical units with longer remaining tenure. For prospective buyers, confirming exact remaining tenure and understanding the potential impact on future resale proceeds is critical, particularly for those viewing this as a long-term hold or multi-generational asset. The Selective En Bloc Redevelopment Scheme (SERS) may provide an alternative exit route for older properties, though there is no certainty regarding eligibility or timing.

How does proximity to Hougang MRT Station (11 minutes' walk) influence demand and capital appreciation for this development?

Proximity to Hougang MRT Station (NE14) is a primary driver of demand and capital appreciation for 467 Hougang Avenue 8, as the North-East Line provides direct connectivity to high-employment corridors including Serangoon, Tai Seng, and the downtown core. Properties within 10-15 minutes' walking distance of MRT stations typically command 15-25% price premiums compared to equivalent units in estates without comparable transport accessibility, reflecting the fundamental value of daily commute time savings and connection to employment hubs. The established nature of Hougang MRT Station and the maturity of surrounding amenities mean that this transport advantage has been consistently priced into the market over multiple economic cycles, providing a stable foundation for long-term value retention. Capital appreciation in Hougang has historically tracked broader HDB and North-East corridor movements, with MRT-proximal properties demonstrating superior performance during growth periods and better downside protection during market contractions. The certainty of continued operational status for Hougang MRT Station—one of Singapore's most heavily utilised stations—provides confidence that this transport-driven premium will persist over 20+ year holding periods.

Which buyer profiles are best suited to purchasing at 467 Hougang Avenue 8?

First-time buyers benefit significantly from 467 Hougang Avenue 8 due to the absence of ABSD, established infrastructure reducing purchase uncertainty, and competitive entry pricing relative to newer developments. Upgraders transitioning from smaller apartments or HDB flats appreciate the additional space, multiple bathroom configurations, and mature community character without premium positioning. Active landlord-investors seeking stable rental yields and predictable tenant demand will find this location highly suitable, as the Hougang precinct demonstrates consistent occupancy and demand from working professionals and young families. Owner-occupiers with multi-generational households or extended family structures value the spacious floor plans and proximity to established hawker centres, medical facilities, and educational institutions. High-net-worth individuals using HDB property as a diversification vehicle or portfolio anchor appreciate the transparent pricing, regulatory certainty, and long-term capital stability inherent to mature HDB assets. Conservative purchasers prioritising established neighbourhoods and proven long-term performance over speculative upside will find the development's mature profile and transport accessibility particularly appealing.

What TDSR headroom might I expect at typical price points, and how does this affect financing capacity?

At a typical purchase price of S$818,000 for properties at 467 Hougang Avenue 8, buyers financing 80% (approximately S$654,400) at current HDB mortgage rates of 2.6-2.8% over a 25-30 year tenure would face monthly mortgage payments of approximately S$2,900-S$3,100 before factoring in property tax and insurance. The Total Debt Servicing Ratio (TDSR) framework caps total monthly debt servicing at 60% of gross monthly income, meaning a buyer would need minimum monthly income of approximately S$4,900-S$5,200 to comfortably meet TDSR requirements for a standalone mortgage on this property. Buyers with existing obligations (car loans, credit card debt, or other mortgages) will see reduced headroom under TDSR constraints, potentially limiting financing capacity or forcing larger downpayments than desired. HDB mortgage availability remains robust for this price point and property type, with most financial institutions offering competitive rates and flexible terms for mature HDB properties with clear title. Pre-approval is strongly recommended to establish precise borrowing capacity before committing to an offer, particularly for buyers with existing liabilities or variable income.

How does 467 Hougang Avenue 8 compare to competing developments in Hougang or nearby mature estates?

467 Hougang Avenue 8 competes directly with other established blocks within Hougang estate and comparable mature developments in adjacent areas such as Buangkok, Sengkang, and Punggol. Compared to newer Build-To-Order (BTO) developments in more peripheral locations, 467 Hougang Avenue 8 offers significant transport accessibility advantages and established amenity infrastructure, justifying its current price premium despite slightly lower physical newness. Versus other mature blocks within Hougang itself, 467 Hougang Avenue 8 benefits from comparable MRT proximity and similar tenant demand profiles, with pricing reflecting block-to-block variations in unit condition, floor levels, and individual renovation histories. Competing developments further north in the Sengkang or Punggol corridors may offer newer construction and expanded amenity offerings, but they typically involve longer MRT commutes and less mature community character. The competitive positioning of 467 Hougang Avenue 8 is strongest against upgraders and investors prioritising location efficiency over architectural modernity, and weakest against first-time buyers attracted to BTO pricing or newer developments despite longer commute times. Prospective buyers should evaluate 3-5 comparable properties across this competitive set before finalising their decision, as individual unit condition and floor-level variations often outweigh block-to-block differences.

Are there particular unit stacks or floor levels offering superior value at 467 Hougang Avenue 8?

Mid-level units (floors 4-18) at 467 Hougang Avenue 8 typically represent superior value compared to ground-floor units, which often attract lower pricing due to perceived noise, reduced privacy, or lower natural lighting, despite lower maintenance requirements. Higher floor levels (above floor 20) generally command premiums of 5-10% due to superior views, reduced street-level noise, and perceived prestige, though this premium may not justify the additional cost if capital appreciation is the primary objective. The best value combinations are typically found on mid-range odd-numbered stacks (3-9 range) where units benefit from improved orientation, cross-ventilation, and floor-level positioning without reaching premium pricing for the highest floors. Buyers should physically inspect comparable units at different levels within the development to assess personal preferences regarding natural lighting, ventilation, and ambient noise conditions, as individual perceptions vary significantly. From a pure capital appreciation and rental demand perspective, mid-level units demonstrate comparable long-term performance to premium-floor alternatives whilst requiring significantly lower purchase outlays, making them strategically optimal for investment-focused purchasers.

What is the future supply pipeline for HDB developments in Hougang and surrounding areas, and how might this affect 467 Hougang Avenue 8?

The Hougang district has limited significant new HDB supply planned in the immediate vicinity, as the estate is fully developed and land availability for greenfield development is minimal. Upcoming HDB projects in the broader North-East region are concentrated in Sengkang and Punggol precincts further north, with limited supply expected in Hougang itself over the next 5-10 year planning horizon. The constrained supply of new units in Hougang should provide modest support for capital appreciation in established developments like 467 Hougang Avenue 8, as competition from new Build-To-Order projects will remain geographically separated and oriented toward different buyer demographics (first-time buyers versus upgraders and investors). Potential SERS (Selective En Bloc Redevelopment Scheme) activities in other mature estates could create alternative options for value-conscious buyers, though 467 Hougang Avenue 8 itself is not currently identified in any formal redevelopment pipeline. The limited new supply environment, combined with the maturity and transport accessibility of Hougang estate, supports expectations of steady, modest capital appreciation in line with broader HDB market movements rather than speculative spikes. Buyers should view this development as a stable, longer-term hold providing defensive capital characteristics and rental yield rather than as a play on speculative new-supply constraints.

[For Sale] Hdb Flat At 467 Hougang Avenue 8 — From S$818K