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Block 116 Hougang Avenue 1

3 Room · 4 Room · Built 1981 · 54 years remaining lease · Updated Feb 2026 MOP Cleared

Block 116 Hougang Avenue 1 has 20 recorded HDB resale transactions since 2017. Latest sale: $480,000 (Feb 2026, 3 room, floors 04–06). Median $4,276/sqm. Prices up 71.7% over the past five years. Built 1981, 54 years lease remaining.

How this block compares

  • 3 Room$481,000
    +5.7%vs town(+$26k)+8.1%vs national(+$36k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$480,000
Feb 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$4,276
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +71.7%
Median price change
Median Price ?
Top 99%
#574 / 580 Top 99%
Latest Sale ?
Top 81%
#469 / 580 Top 81%
Value ($/sqm) ?
Top 84%
#488 / 580 Top 84%
5-Year Growth ?
Top 1%
#2 / 395 Top 1%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
How we estimate this →
Future Value Projection
Market Appreciation
+11.4%/yr
vs
Lease Decay
−0.63%/yr
Growth assumption
Based on this block’s +71.7% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 54 years remaining 99 years
54 years 8 months
Remaining lease
↓ 0.63%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.63%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,450 typically $2,300–$2,550 6.1% 8 rentals here
4-Room $3,200 typically $3,000–$3,450 6.2% Hougang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 116 Hougang Avenue 1 in Hougang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Hougang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 04 TO 06 3 ROOM 81 sqm $480,000 $5,926
Sep 2025 10 TO 12 3 ROOM 82 sqm $482,000 $5,878
Sep 2025 01 TO 03 4 ROOM 91 sqm $498,888 $5,482
Jun 2025 04 TO 06 3 ROOM 67 sqm $420,000 $6,269
Jan 2025 10 TO 12 3 ROOM 82 sqm $480,000 $5,854
Feb 2023 13 TO 15 3 ROOM 81 sqm $405,000 $5,000
Sep 2022 07 TO 09 3 ROOM 67 sqm $395,000 $5,896
May 2022 01 TO 03 3 ROOM 67 sqm $340,000 $5,075
Apr 2022 10 TO 12 3 ROOM 67 sqm $350,000 $5,224
Mar 2021 04 TO 06 3 ROOM 67 sqm $279,000 $4,164
Mar 2021 04 TO 06 3 ROOM 67 sqm $280,000 $4,179
Dec 2020 07 TO 09 3 ROOM 67 sqm $288,000 $4,299
Aug 2020 10 TO 12 3 ROOM 67 sqm $280,000 $4,179
Dec 2019 01 TO 03 3 ROOM 81 sqm $305,400 $3,770
Nov 2019 13 TO 15 3 ROOM 82 sqm $310,000 $3,780
May 2019 07 TO 09 3 ROOM 67 sqm $270,000 $4,030
Mar 2018 07 TO 09 3 ROOM 67 sqm $261,000 $3,896
Mar 2018 10 TO 12 3 ROOM 67 sqm $285,000 $4,254
Nov 2017 04 TO 06 3 ROOM 67 sqm $270,000 $4,030
Oct 2017 10 TO 12 3 ROOM 67 sqm $285,000 $4,254
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 116 Hougang Avenue 1

Block 116 Hougang Avenue 1 is an ageing-lease HDB block in Hougang, built in 1981 with about 54 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 37% below the Hougang median, cheaper than about 99% of the town's blocks. It has a regular flow of resale activity, with 20 transactions since 2017 across 3 room, 4 room flats priced from $261,000 to $498,888. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $480,000 in Feb 2026, and the median works out to $4,276/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 13% above those on the 04 TO 06 band. Over five years, prices here are up about 71.7%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 116 Hougang Avenue 1 worth?

The most recent resale transaction at Block 116 Hougang Avenue 1 was $480,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $4,276, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 116 Hougang Avenue 1?

Block 116 Hougang Avenue 1 was built in 1981 and has approximately 54 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.63%, meaning the leasehold value decreases by approximately 0.63% per year at the current remaining lease.

What flat types are available at Block 116 Hougang Avenue 1?

Block 116 Hougang Avenue 1 in Hougang contains 3 room, 4 room flats. Resale prices range from $261,000 to $498,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 116 Hougang Avenue 1 gone up or down?

Resale prices at Block 116 Hougang Avenue 1 have increased by approximately 71.7% over the past five years. The current median price is $307,700, with the most recent sale at $480,000 in 2026-02.

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