Block 706 Hougang Ave 2
706 Hougang Ave 2
Block 706 Hougang Ave 2 is an HDB block in Hougang, completed in 1984, with 112 dwelling units. Across 132 resales on record, 4-Room flats have recently resold around S$516k (S$494 psf, 91 sqm). The lease has approximately 59 years remaining.
What are the key facts about Block 706 Hougang Ave 2?
Block 706 Hougang Ave 2 is an HDB block in Hougang, completed in 1984, with 112 dwelling units.
- Town
- Hougang
- Planning area
- Hougang
- Completed
- 1984
- Storeys
- 10
- Total units
- 112
- Flat model
- New Generation
- Market segment
- —
- Median resale
- S$516k
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 59 years
What are resale prices at Block 706 Hougang Ave 2?
4-Room flats have recently resold around S$516k (S$494 psf), from 132 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 132 | S$516,000recent | 91 sqm | S$494 psf |
Live now: 8 flats listed for sale at this block (median asking S$537k) — 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 Jun 2026.
What rent and yield does Block 706 Hougang Ave 2 get?
Flats at Block 706 Hougang Ave 2 have recently sublet for a median of S$3,000/mo, an indicative gross rental yield of about 7.0% (from 17 recent rental contracts).
Median rent
S$3,000/mo
17 recent contracts
Gross rental yield
7.0%
indicative, gross
Annual rent
S$36,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 17 | S$3,000/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 Jun 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 706 Hougang Ave 2?
Block 706 Hougang Ave 2 has 132 recorded resales; the most recent transacted at S$530,888 in Jun 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jun 2026 | 4-Room | 04 TO 06 | 91 sqm | S$530,888 |
| Mar 2026 | 4-Room | 01 TO 03 | 91 sqm | S$530,000 |
| Oct 2025 | 4-Room | 04 TO 06 | 91 sqm | S$575,000 |
| Aug 2025 | 4-Room | 01 TO 03 | 91 sqm | S$526,000 |
| Apr 2025 | 4-Room | 01 TO 03 | 94 sqm | S$566,800 |
| Jan 2025 | 4-Room | 04 TO 06 | 91 sqm | S$525,000 |
| May 2024 | 4-Room | 01 TO 03 | 97 sqm | S$516,000 |
| Mar 2023 | 4-Room | 01 TO 03 | 94 sqm | S$475,000 |
| Mar 2022 | 4-Room | 10 TO 12 | 94 sqm | S$429,700 |
| Dec 2020 | 4-Room | 10 TO 12 | 94 sqm | S$366,000 |
| Oct 2020 | 4-Room | 04 TO 06 | 91 sqm | S$310,000 |
| Jan 2020 | 4-Room | 01 TO 03 | 91 sqm | S$309,000 |
What flat types are in Block 706 Hougang Ave 2?
Block 706 Hougang Ave 2 has 112 units, mostly 4-Room flats of the New Generation model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 706 Hougang Ave 2?
Block 706 Hougang Ave 2 is an HDB block in Hougang.
Block 706 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 112 residential units based on the HDB property information dataset. Flat types in the block include 4-room units.
The address is Block 706 Hougang Ave 2. It is part of the Hougang planning area. The block falls within the North-East Region.
The nearest rail connection is Hougang MRT, approximately 724m 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 706 Hougang Ave 2 from MRT and schools?
The nearest MRT/LRT to Block 706 Hougang Ave 2 is Hougang MRT, about 724 m away (~11 min walk). 8 schools are within 1 km, including 4 primary schools.
Getting around
- Hougang MRT724 m · ~11 min
- Kovan MRT756 m · ~12 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Anderson Serangoon Junior CollegeJunior collegewithin 1 km206 m
- Holy Innocents' Primary SchoolPrimary schoolwithin 1 km · P1 priority618 m
- Xinmin Primary SchoolPrimary schoolwithin 1 km · P1 priority865 m
- Montfort Junior SchoolPrimary schoolwithin 1 km · P1 priority878 m
- Montfort Secondary SchoolSecondary schoolwithin 1 km890 m
- Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority918 m
- Xinmin Secondary SchoolSecondary schoolwithin 1 km962 m
- Yuying Secondary SchoolSecondary schoolwithin 1 km996 m
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 706 Hougang Ave 2?
Buying a flat at Block 706 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 706 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 706 Hougang Ave 2 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 706 Hougang Ave 2
How much does a 4-Room flat at Block 706 Hougang Ave 2 cost?⌄
4-Room flats at Block 706 Hougang Ave 2 have recently resold for a median of about S$516k (S$494 psf), from 132 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 706 Hougang Ave 2 worth buying given its remaining lease?⌄
Block 706 Hougang Ave 2 has about 59 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 706 Hougang Ave 2?⌄
Gross rental yield at Block 706 Hougang Ave 2 is about 7.0%, based on a median subletting rent of about S$3,000/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 706 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 706 Hougang Ave 2?⌄
The nearest MRT/LRT station to Block 706 Hougang Ave 2 is Hougang MRT, about 724 m away (~11 min walk).
Which primary schools are within 1 km of Block 706 Hougang Ave 2?⌄
Holy Innocents' Primary School, Xinmin Primary School, Montfort Junior School, Xinghua Primary School are within 1 km of Block 706 Hougang Ave 2 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.