Block 701 Hougang Ave 2
701 Hougang Ave 2, Singapore 530701
Block 701 Hougang Ave 2 is an HDB block in Hougang, completed in 1984, with 158 dwelling units. Across 176 resales on record, 4-Room flats have recently resold around S$516k (S$515 psf, 93 sqm). The lease has approximately 58 years remaining.
What are the key facts about Block 701 Hougang Ave 2?
Block 701 Hougang Ave 2 is an HDB block in Hougang, completed in 1984, with 158 dwelling units.
- Town
- Hougang
- Planning area
- Hougang
- Completed
- 1984
- Storeys
- 10
- Total units
- 158
- Flat model
- New Generation
- Market segment
- OCR
- Median resale
- S$516k
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 58 years
What are resale prices at Block 701 Hougang Ave 2?
4-Room flats have recently resold around S$516k (S$515 psf), from 176 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 69 | S$280,000recent | 67 sqm | S$381 psf |
| 4-Room | 107 | S$516,000recent | 93 sqm | S$515 psf |
Live now: 7 flats listed for sale at this block (median asking S$580k) and 5 for rent (median S$3,500/mo) — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Jul 2026.
What rent and yield does Block 701 Hougang Ave 2 get?
Flats at Block 701 Hougang Ave 2 have recently sublet for a median of S$2,800/mo, an indicative gross rental yield of about 6.5% (from 24 recent rental contracts).
Median rent
S$2,800/mo
24 recent contracts
Gross rental yield
6.5%
indicative, gross
Annual rent
S$33,600
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 15 | S$2,650/mo |
| 3-Room | 12 | S$2,650/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Apr 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 701 Hougang Ave 2?
Block 701 Hougang Ave 2 has 176 recorded resales; the most recent transacted at S$545,000 in Jul 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jul 2026 | 4-Room | 04 TO 06 | 91 sqm | S$545,000 |
| May 2026 | 4-Room | 04 TO 06 | 93 sqm | S$606,888 |
| May 2026 | 3-Room | 01 TO 03 | 67 sqm | S$420,000 |
| May 2025 | 4-Room | 04 TO 06 | 96 sqm | S$560,000 |
| Oct 2024 | 4-Room | 01 TO 03 | 93 sqm | S$530,000 |
| Apr 2024 | 4-Room | 04 TO 06 | 91 sqm | S$528,000 |
| Apr 2024 | 4-Room | 04 TO 06 | 96 sqm | S$510,000 |
| Feb 2024 | 3-Room | 07 TO 09 | 80 sqm | S$415,000 |
| Dec 2023 | 4-Room | 10 TO 12 | 93 sqm | S$516,000 |
| Jul 2023 | 4-Room | 01 TO 03 | 93 sqm | S$480,000 |
| May 2023 | 4-Room | 01 TO 03 | 101 sqm | S$560,000 |
| Aug 2022 | 4-Room | 07 TO 09 | 91 sqm | S$438,000 |
What flat types are in Block 701 Hougang Ave 2?
Block 701 Hougang Ave 2 has 158 units, mostly 4-Room flats of the New Generation model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 701 Hougang Ave 2?
Block 701 Hougang Ave 2 is an HDB block in Hougang.
Block 701 Hougang Ave 2 is an HDB block located along Hougang Ave 2. The block is recorded as completed around 1984, with up to 10 storeys. It has an estimated 158 residential units based on the HDB property information dataset. Flat types in the block include 3-room and 4-room units.
The address is Block 701 Hougang Ave 2, Singapore 530701. It is part of District 19, Serangoon Garden / Hougang / Punggol, the Hougang planning area. The block falls within the North-East Region and the OCR market segment.
The nearest rail connection is Hougang MRT, approximately 690m away, around 11 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, LIM KING CHEW for groceries, Kovan Market & Food Centre for food options, Realty Park for greenery and recreation, Hougang Polyclinic for polyclinic services, and Hougang Community Club for community facilities.
How far is Block 701 Hougang Ave 2 from MRT and schools?
The nearest MRT/LRT to Block 701 Hougang Ave 2 is Hougang MRT, about 690 m away (~11 min walk). 7 schools are within 1 km, including 3 primary schools.
Getting around
- Hougang MRT690 m · ~11 min
- Kovan MRT821 m · ~13 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Anderson Serangoon Junior CollegeJunior collegewithin 1 km355 m
- Holy Innocents' Primary SchoolPrimary schoolwithin 1 km · P1 priority464 m
- Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority843 m
- Yuying Secondary SchoolSecondary schoolwithin 1 km928 m
- Montfort Junior SchoolPrimary schoolwithin 1 km · P1 priority933 m
- Montfort Secondary SchoolSecondary schoolwithin 1 km953 m
- Holy Innocents' High SchoolSecondary schoolwithin 1 km964 m
- Xinmin Primary SchoolPrimary school1.0 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 701 Hougang Ave 2?
Buying a flat at Block 701 Hougang Ave 2 (~S$516k) needs about S$4,113/mo in income and S$1,937/mo in repayments, after S$10,080 stamp duty and a S$129k downpayment.
Illustrative, for a buyer at the recent median resale price (S$516k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$10,080
BSD, tiered
Downpayment (25%)
S$129k
cash + CPF
Monthly instalment
S$1,937/mo
25y @ 3.5%
Income required
S$4,113/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 701 Hougang Ave 2? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 701 Hougang Ave 2 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 701 Hougang Ave 2
How much does a 4-Room flat at Block 701 Hougang Ave 2 cost?⌄
4-Room flats at Block 701 Hougang Ave 2 have recently resold for a median of about S$516k (S$515 psf), from 176 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 701 Hougang Ave 2 by flat type?⌄
3-Room ≈ S$280k; 4-Room ≈ S$516k (median resale, HDB caveats).
Is Block 701 Hougang Ave 2 worth buying given its remaining lease?⌄
Block 701 Hougang Ave 2 has about 58 years left on its 99-year lease (completed 1984). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 701 Hougang Ave 2?⌄
Gross rental yield at Block 701 Hougang Ave 2 is about 6.5%, based on a median subletting rent of about S$2,800/mo against a resale price of about S$516k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 701 Hougang Ave 2?⌄
For a flat at about S$516k on a 25-year HDB-style loan, you'd need roughly S$4,113/mo in household income, with repayments around S$1,937/mo after a S$129k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 701 Hougang Ave 2?⌄
The nearest MRT/LRT station to Block 701 Hougang Ave 2 is Hougang MRT, about 690 m away (~11 min walk).
Which primary schools are within 1 km of Block 701 Hougang Ave 2?⌄
Holy Innocents' Primary School, Xinghua Primary School, Montfort Junior School are within 1 km of Block 701 Hougang Ave 2 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.