CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 19 · Hougang

703 Hougang Avenue 2

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

703 Hougang Avenue 2 is a commercial building in District 19 · Hougang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 2 live company registrations at this address.

The facts are here — now get the verdict on 703 Hougang Avenue 2.

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What are the key facts about 703 Hougang Avenue 2?

Key takeaway703 Hougang Avenue 2 is a commercial building in District 19 · Hougang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.

Asset class: Commercial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 2.8
Tenure: Not on record
District / Area: District 19 · Hougang
Address: —
Land area: 4,714 sqm
Completed: 1984 (HDB Property Information)
Storeys: 13 (HDB Property Information)
Submarket: Suburban
Transactions on record: None recorded
Live listings: None
ACRA registrations: 2

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About 703 Hougang Avenue 2

703 Hougang Avenue 2 is a commercial building in Hougang (District 19). It is located along Hougang Avenue 2, Singapore 530703.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 2.8.

It occupies roughly 4,714 sqm of land with about 185,987 sqm of gross floor area.

14 businesses are currently registered at this address with ACRA.

The nearest MRT is Hougang MRT, 718 m away (about a 11-minute walk). The closest bus stop (Blk 22) is 135 m away (about a 2-minute walk). Heartland Mall Kovan is 819 m away (about a 13-minute walk).

What is 703 Hougang Avenue 2 zoned as?

Key takeaway703 Hougang Avenue 2 sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 2.8.

Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 2.8

Run the full zoning report for this building →

What does space at 703 Hougang Avenue 2 rent for?

Key takeawayNo street- or building-level rent is published here. Across District 19 retail, retail space rented at a median of $12.67 psf a month in 2026Q3, with the middle half of leases between $9.19 and $20.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 19 retail

Region band · 2026Q3

25th pct

$9.19

$98.95 psm

Median

$12.67

$136.43 psm

75th pct

$20.61

$221.82 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 19 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around 703 Hougang Avenue 2

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

What's been approved at 703 Hougang Avenue 2?

Key takeawayURA has approved 1 change of use at 703 Hougang Avenue 2 since 2000, most recently in 2019. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

10 Sept 2026Approved
Additions & alterations
Proposed additions & alterations to existing public housing development blocks 701 to 712 involving additional of consumer switch rooms, police equipment rooms at hougang avenue 2 (electrical load upgrading programme)
23 Feb 2024Approved
Additions & alterations
Proposed additions & alterations to existing public housing development blocks 701 to 712 involving additional of consumer switch rooms, police equipment rooms at hougang avenue 2 (electrical load upgrading programme)
14 Jan 2019ApprovedFloor 1
Change of use to self-service laundry
Proposed change of use of part unit #01-XX to self-service laundry

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

What do commercial rents run near 703 Hougang Avenue 2?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)

6.9%

6.2% net of property tax

Rent side (median of bands)

$136.43 psm/mo

2026Q3

Price side (strata, 5y)

$2,212 psf

70 sales

An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 19 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$63.64	$104.00	$295.24
B1 & Below · 30 & Below	$63.48	$71.43	$209.95
Level 2 & 3 · 30 & Below	$54.03	$66.41	$81.37
B1 & Below · >30 - 100	$225.40	$251.63	$339.38
Level 2 & 3 · >30 - 100	$201.18	$241.17	$307.68
Level 1 · >30 - 100	$98.95	$138.38	$262.23
Level 2 & 3 · >100 - 300	$201.65	$214.77	$221.82
B1 & Below · >100 - 300	$196.03	$234.00	$280.07

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is near 703 Hougang Avenue 2?

Key takeawayThe nearest MRT/LRT is Hougang MRT, about 718 m away.

Getting around

Hougang MRT718 m · ~11 min

Amenities nearby

Educational Institution · 82 mBlk 22 · 135 mPonggol Clinic · 164 mPlace Of Worship · 285 mRealty Park · 307 mHougang Community Club · 373 mHougang Polyclinic · 489 mHougang MRT Exit A · 617 mKovan Market & Food Centre · 811 mHeartland Mall Kovan · 819 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 703 Hougang Avenue 2

Key takeawayThe nearest station is Hougang (NE14), 617 m away — a busy station, with about 62,000 taps in and out on an average weekday. 7 public car parks are within 500 m.

Foot traffic: busier than 54% of retail buildings

nearest MRT/LRT Hougang (NE14) 617 m, about 62,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 9, about 35,000 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 63,000 residents within 1 km (June 2026); 2 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Hougang (NE14)617 m · about 62,000 weekday taps
Kovan (NE13)757 m · about 48,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 703 Hougang Avenue 2. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 35,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 701-702,707-710 Hougang Avenue 2 (HDB)120 m
S$0.60 per half-hour at midday on a weekday · 315 car lots
Blk 703-706,711-712 Hougang Avenue 2 (HDB)216 m
S$0.60 per half-hour at midday on a weekday · 220 car lots
Blk 19-23 Hougang Avenue 3 (HDB)222 m
S$0.60 per half-hour at midday on a weekday · gantry 9.99 m · 407 car lots
Blk 24/25 Hougang Avenue 3 (HDB)317 m
S$0.60 per half-hour at midday on a weekday · 149 car lots
Upp Serangoon Rd (URA)323 m
S$0.60 per half-hour at midday on a weekday · 13 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Simon Road-Kovan Road Area, 1.7 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 703 Hougang Avenue 2's own car park, if it has one, and its charges are not in the open data.

Who's registered at 703 Hougang Avenue 2?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list 703 Hougang Avenue 2 as their registered address on its shop floor. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1
Other services
1
Construction
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.

Frequently asked questions about 703 Hougang Avenue 2

Where is 703 Hougang Avenue 2?⌄

703 Hougang Avenue 2 is at Hougang Avenue 2, Singapore 530703, in the Hougang planning area.

What is 703 Hougang Avenue 2 zoned as?⌄

703 Hougang Avenue 2 sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 703 Hougang Avenue 2?⌄

No caveats have been lodged for 703 Hougang Avenue 2 in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 703 Hougang Avenue 2?⌄

Hougang MRT is the closest, 718 m away (about a 11-minute walk).

How many businesses are registered at 703 Hougang Avenue 2?⌄

14 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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Read the figures right

Completion year: the year HDB records the block as completed (HDB Property Information).

Storeys: the block's highest floor level as HDB records it.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from HDB Property Information, PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.