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Block 704 Hougang Avenue 2

3 Room · 4 Room · Built 1985 · 58 years remaining lease · Updated Apr 2026 MOP Cleared

Block 704 Hougang Avenue 2 has 24 recorded HDB resale transactions since 2017. Latest sale: $570,000 (Apr 2026, 4 room, floors 04–06). Median $4,200/sqm. Prices up 43.5% over the past five years. Built 1985, 58 years lease remaining.

Latest Sale
$570,000
Apr 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,200
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +43.5%
Median price change
Median Price ?
Top 94%
#543 / 580 Top 94%
Latest Sale ?
Top 65%
#375 / 580 Top 65%
Value ($/sqm) ?
Top 87%
#506 / 580 Top 87%
5-Year Growth ?
Top 29%
#113 / 395 Top 29%
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
+7.5%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +43.5% 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 58 years remaining 99 years
58 years 8 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,700 typically $2,450–$2,900 7.1% Hougang avg · block too thin
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 3 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
3 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 704 Hougang Avenue 2 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
Apr 2026 04 TO 06 4 ROOM 91 sqm $570,000 $6,264
Nov 2025 01 TO 03 3 ROOM 67 sqm $412,000 $6,149
Jul 2025 04 TO 06 4 ROOM 93 sqm $570,000 $6,129
Mar 2025 01 TO 03 3 ROOM 80 sqm $445,000 $5,563
Feb 2024 01 TO 03 3 ROOM 73 sqm $388,000 $5,315
Jan 2023 07 TO 09 4 ROOM 93 sqm $458,000 $4,925
Nov 2022 10 TO 12 4 ROOM 110 sqm $630,000 $5,727
Feb 2022 07 TO 09 3 ROOM 67 sqm $345,000 $5,149
Nov 2021 01 TO 03 4 ROOM 91 sqm $380,000 $4,176
Sep 2021 04 TO 06 3 ROOM 67 sqm $335,000 $5,000
May 2021 07 TO 09 4 ROOM 96 sqm $412,000 $4,292
Apr 2021 07 TO 09 3 ROOM 67 sqm $298,000 $4,448
Mar 2021 01 TO 03 4 ROOM 96 sqm $344,000 $3,583
Nov 2020 04 TO 06 3 ROOM 67 sqm $283,000 $4,224
Jul 2020 01 TO 03 4 ROOM 91 sqm $308,000 $3,385
Mar 2020 04 TO 06 4 ROOM 96 sqm $338,000 $3,521
Feb 2020 01 TO 03 3 ROOM 67 sqm $265,000 $3,955
Oct 2019 01 TO 03 4 ROOM 96 sqm $315,000 $3,281
Sep 2019 04 TO 06 4 ROOM 91 sqm $320,000 $3,516
Feb 2019 07 TO 09 3 ROOM 71 sqm $275,000 $3,873
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 704 Hougang Avenue 2

Block 704 Hougang Avenue 2 is an ageing-lease HDB block in Hougang, built in 1985 with about 58 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 29% below the Hougang median, cheaper than about 93% of the town's blocks. It has a regular flow of resale activity, with 24 transactions since 2017 across 3 room, 4 room flats priced from $265,000 to $630,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $570,000 in Apr 2026, and the median works out to $4,200/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 12% above those on the 01 TO 03 band. Over five years, prices here are up about 43.5%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 704 Hougang Avenue 2 worth?

The most recent resale transaction at Block 704 Hougang Avenue 2 was $570,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $4,200, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 704 Hougang Avenue 2?

Block 704 Hougang Avenue 2 was built in 1985 and has approximately 58 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 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 704 Hougang Avenue 2?

Block 704 Hougang Avenue 2 in Hougang contains 3 room, 4 room flats. Resale prices range from $265,000 to $630,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 704 Hougang Avenue 2 gone up or down?

Resale prices at Block 704 Hougang Avenue 2 have increased by approximately 43.5% over the past five years. The current median price is $344,500, with the most recent sale at $570,000 in 2026-04.

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