Block 238 Hougang Avenue 1

4 Room · 5 Room · Built 1984 · 57 years remaining lease MOP Cleared
Latest Sale
$970,000
Jan 2026 · 5 ROOM · #04-06
Median $/sqm
$6,507
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +20.8%
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 57 years remaining 99 years
57 years 8 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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
Jan 2026 04 TO 06 5 ROOM 136 sqm $970,000 $7,132
Jan 2026 01 TO 03 5 ROOM 136 sqm $905,000 $6,654
Oct 2025 07 TO 09 5 ROOM 136 sqm $975,000 $7,169
Aug 2025 10 TO 12 4 ROOM 110 sqm $758,888 $6,899
May 2025 01 TO 03 5 ROOM 138 sqm $915,000 $6,630
Dec 2024 01 TO 03 5 ROOM 138 sqm $915,000 $6,630
Nov 2024 07 TO 09 5 ROOM 138 sqm $975,000 $7,065
Aug 2024 10 TO 12 5 ROOM 138 sqm $988,000 $7,159
Jul 2024 04 TO 06 5 ROOM 138 sqm $968,000 $7,014
Jan 2024 10 TO 12 5 ROOM 138 sqm $895,000 $6,486
Nov 2023 01 TO 03 5 ROOM 138 sqm $900,888 $6,528
Aug 2023 01 TO 03 5 ROOM 138 sqm $757,000 $5,486
Jul 2023 10 TO 12 5 ROOM 138 sqm $905,000 $6,558
Jun 2022 10 TO 12 5 ROOM 138 sqm $881,888 $6,390
Dec 2021 04 TO 06 5 ROOM 136 sqm $790,000 $5,809
Oct 2021 10 TO 12 5 ROOM 136 sqm $725,000 $5,331
Dec 2020 10 TO 12 5 ROOM 138 sqm $698,000 $5,058
Dec 2020 10 TO 12 5 ROOM 138 sqm $705,000 $5,109
Aug 2020 01 TO 03 5 ROOM 146 sqm $800,000 $5,479
Oct 2019 04 TO 06 5 ROOM 136 sqm $710,000 $5,221
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 238 Hougang Avenue 1

Block 238 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1984 with approximately 57 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $685,000 to $988,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $970,000 in 2026-01. The current median price per square metre is $6,507. Over the past five years, resale prices at this block have increased by approximately 20.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8625, with an annual lease decay rate of approximately 0.56%. 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 238 Hougang Avenue 1 worth?

The most recent resale transaction at Block 238 Hougang Avenue 1 was $970,000 for a 5 room flat in 2026-01. The median price per square metre across all flat types is $6,507, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 238 Hougang Avenue 1?

Block 238 Hougang Avenue 1 was built in 1984 and has approximately 57 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 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 238 Hougang Avenue 1?

Block 238 Hougang Avenue 1 in Hougang contains 4 room, 5 room flats. Resale prices range from $685,000 to $988,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 238 Hougang Avenue 1 gone up or down?

Resale prices at Block 238 Hougang Avenue 1 have increased by approximately 20.8% over the past five years. The current median price is $888,444, with the most recent sale at $970,000 in 2026-01.

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