Block 232 Hougang Avenue 1
Block 232 Hougang Avenue 1 has 20 recorded HDB resale transactions since 2017. Latest sale: $500,000 (May 2025, 4 room, floors 07–09). Median $5,048/sqm. Built 1984, 58 years lease remaining.
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 |
|---|---|---|---|
| 4-Room | $3,500 typically $3,000–$3,500 | 6.8% | 5 rentals here |
This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Other HDB blocks closest to Block 232 Hougang Avenue 1 in Hougang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2025 | 07 TO 09 | 4 ROOM | 104 sqm | $500,000 | $4,808 |
| Apr 2025 | 10 TO 12 | 4 ROOM | 104 sqm | $705,000 | $6,779 |
| Feb 2025 | 01 TO 03 | 4 ROOM | 104 sqm | $618,000 | $5,942 |
| Jun 2024 | 07 TO 09 | 4 ROOM | 104 sqm | $600,000 | $5,769 |
| Jun 2024 | 07 TO 09 | 4 ROOM | 111 sqm | $668,000 | $6,018 |
| May 2024 | 13 TO 15 | 4 ROOM | 104 sqm | $650,000 | $6,250 |
| Apr 2024 | 07 TO 09 | 4 ROOM | 104 sqm | $575,000 | $5,529 |
| Aug 2023 | 01 TO 03 | 4 ROOM | 104 sqm | $530,000 | $5,096 |
| Jul 2023 | 13 TO 15 | 4 ROOM | 104 sqm | $590,000 | $5,673 |
| Feb 2023 | 01 TO 03 | 4 ROOM | 104 sqm | $460,000 | $4,423 |
| Jul 2022 | 13 TO 15 | 4 ROOM | 104 sqm | $570,000 | $5,481 |
| Dec 2020 | 10 TO 12 | 4 ROOM | 104 sqm | $500,000 | $4,808 |
| Dec 2020 | 04 TO 06 | 4 ROOM | 104 sqm | $440,000 | $4,231 |
| Jan 2020 | 04 TO 06 | 4 ROOM | 104 sqm | $450,000 | $4,327 |
| Dec 2019 | 13 TO 15 | 4 ROOM | 104 sqm | $490,000 | $4,712 |
| Feb 2019 | 04 TO 06 | 4 ROOM | 104 sqm | $480,000 | $4,615 |
| Aug 2018 | 01 TO 03 | 4 ROOM | 110 sqm | $403,000 | $3,664 |
| Aug 2018 | 07 TO 09 | 4 ROOM | 104 sqm | $520,000 | $5,000 |
| Mar 2018 | 07 TO 09 | 4 ROOM | 104 sqm | $518,000 | $4,981 |
| Mar 2018 | 10 TO 12 | 4 ROOM | 104 sqm | $538,000 | $5,173 |
About Block 232 Hougang Avenue 1
Block 232 Hougang Avenue 1 in Hougang dates to 1984 and now has roughly 58 years of lease remaining, which makes lease decay the central consideration for buyers. Its median runs about 8% above the Hougang median, ahead of around 63% of the town's blocks. It has a regular flow of resale activity, with 20 transactions since 2017 across 4 room flats priced from $403,000 to $705,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $500,000 in May 2025, and the median works out to $5,048/sqm. Higher floors carry a premium, with the 13 TO 15 band trading roughly 17% above the 01 TO 03 band. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 232 Hougang Avenue 1 worth?
The most recent resale transaction at Block 232 Hougang Avenue 1 was $500,000 for a 4 room flat in 2025-05. The median price per square metre across all flat types is $5,048, based on 20 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 232 Hougang Avenue 1?
Block 232 Hougang Avenue 1 was built in 1984 and has approximately 58 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.
What flat types are available at Block 232 Hougang Avenue 1?
Block 232 Hougang Avenue 1 in Hougang contains 4 room flats. Resale prices range from $403,000 to $705,000 based on historical transaction records from data.gov.sg.