Block 172 Hougang Avenue 1

4 Room · 5 Room · Built 1997 · 71 years remaining lease MOP Cleared
Latest Sale
$688,888
Nov 2025 · 4 ROOM · #13-15
Median $/sqm
$5,000
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +51.4%
Median price change
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 71 years remaining 99 years
71 years 2 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2025 13 TO 15 4 ROOM 101 sqm $688,888 $6,821
Aug 2025 07 TO 09 5 ROOM 121 sqm $770,000 $6,364
Feb 2025 07 TO 09 4 ROOM 101 sqm $615,000 $6,089
Sep 2024 01 TO 03 4 ROOM 101 sqm $558,000 $5,525
Jun 2024 10 TO 12 4 ROOM 101 sqm $605,000 $5,990
Apr 2024 01 TO 03 4 ROOM 101 sqm $505,000 $5,000
Mar 2024 10 TO 12 4 ROOM 103 sqm $553,008 $5,369
Jul 2023 10 TO 12 4 ROOM 101 sqm $510,888 $5,058
Sep 2022 13 TO 15 4 ROOM 102 sqm $510,000 $5,000
Jul 2022 04 TO 06 4 ROOM 103 sqm $465,000 $4,515
Jun 2022 07 TO 09 4 ROOM 101 sqm $545,000 $5,396
Apr 2022 10 TO 12 4 ROOM 102 sqm $490,000 $4,804
Oct 2021 01 TO 03 4 ROOM 103 sqm $465,000 $4,515
Sep 2021 07 TO 09 4 ROOM 101 sqm $455,000 $4,505
Mar 2021 10 TO 12 4 ROOM 101 sqm $435,000 $4,307
Jul 2020 13 TO 15 4 ROOM 101 sqm $410,000 $4,059
Mar 2018 01 TO 03 4 ROOM 103 sqm $395,000 $3,835
Oct 2017 07 TO 09 4 ROOM 101 sqm $420,000 $4,158
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 172 Hougang Avenue 1

Block 172 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1997 with approximately 71 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $395,000 to $770,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 13 TO 15 sold for $688,888 in 2025-11. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 51.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9136, with an annual lease decay rate of approximately 0.33%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 172 Hougang Avenue 1 worth?

The most recent resale transaction at Block 172 Hougang Avenue 1 was $688,888 for a 4 room flat in 2025-11. The median price per square metre across all flat types is $5,000, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 172 Hougang Avenue 1?

Block 172 Hougang Avenue 1 was built in 1997 and has approximately 71 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 172 Hougang Avenue 1?

Block 172 Hougang Avenue 1 in Hougang contains 4 room, 5 room flats. Resale prices range from $395,000 to $770,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 172 Hougang Avenue 1 gone up or down?

Resale prices at Block 172 Hougang Avenue 1 have increased by approximately 51.4% over the past five years. The current median price is $507,500, with the most recent sale at $688,888 in 2025-11.

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