Block 702 Hougang Avenue 2

3 Room · 4 Room · Built 1985 · 59 years remaining lease MOP Cleared
Latest Sale
$452,000
Feb 2025 · 3 ROOM · #04-06
Median $/sqm
$4,637
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +32.9%
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 59 years remaining 99 years
59 years 8 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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
Feb 2025 04 TO 06 3 ROOM 67 sqm $452,000 $6,746
May 2024 13 TO 15 3 ROOM 82 sqm $460,000 $5,610
Feb 2023 04 TO 06 3 ROOM 67 sqm $380,000 $5,672
Jan 2023 10 TO 12 3 ROOM 67 sqm $380,000 $5,672
Nov 2022 07 TO 09 3 ROOM 67 sqm $375,138 $5,599
Sep 2022 07 TO 09 3 ROOM 67 sqm $370,000 $5,522
May 2022 01 TO 03 3 ROOM 67 sqm $332,000 $4,955
Apr 2022 04 TO 06 3 ROOM 71 sqm $330,000 $4,648
Feb 2022 10 TO 12 3 ROOM 71 sqm $365,000 $5,141
Jan 2022 07 TO 09 3 ROOM 82 sqm $370,000 $4,512
Sep 2021 01 TO 03 3 ROOM 82 sqm $360,000 $4,390
Jul 2021 10 TO 12 3 ROOM 67 sqm $340,000 $5,075
May 2021 10 TO 12 3 ROOM 67 sqm $310,000 $4,627
Jul 2020 10 TO 12 3 ROOM 82 sqm $322,000 $3,927
Jan 2020 10 TO 12 4 ROOM 93 sqm $348,000 $3,742
Sep 2019 04 TO 06 3 ROOM 67 sqm $255,000 $3,806
Sep 2019 13 TO 15 3 ROOM 67 sqm $272,000 $4,060
Mar 2019 01 TO 03 3 ROOM 71 sqm $291,000 $4,099
Nov 2017 07 TO 09 3 ROOM 67 sqm $273,000 $4,075
May 2017 07 TO 09 4 ROOM 93 sqm $378,000 $4,065
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 702 Hougang Avenue 2

Block 702 at Hougang Avenue 2 is a residential HDB block in Hougang, Singapore, built in 1985 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $255,000 to $460,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $452,000 in 2025-02. The current median price per square metre is $4,637. Over the past five years, resale prices at this block have increased by approximately 32.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8716, with an annual lease decay rate of approximately 0.52%. 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 702 Hougang Avenue 2 worth?

The most recent resale transaction at Block 702 Hougang Avenue 2 was $452,000 for a 3 room flat in 2025-02. The median price per square metre across all flat types is $4,637, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 702 Hougang Avenue 2?

Block 702 Hougang Avenue 2 was built in 1985 and has approximately 59 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 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 702 Hougang Avenue 2?

Block 702 Hougang Avenue 2 in Hougang contains 3 room, 4 room flats. Resale prices range from $255,000 to $460,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 702 Hougang Avenue 2 gone up or down?

Resale prices at Block 702 Hougang Avenue 2 have increased by approximately 32.9% over the past five years. The current median price is $354,000, with the most recent sale at $452,000 in 2025-02.

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