Skip to content

Block 705 Hougang Avenue 2

Executive · Built 1986 · 60 years remaining lease · Updated Jun 2025 MOP Cleared

Block 705 Hougang Avenue 2 has 23 recorded HDB resale transactions since 2017. Latest sale: $1,030,000 (Jun 2025, executive, floors 10–12). Median $4,675/sqm. Prices up 48.2% over the past five years. Built 1986, 60 years lease remaining.

Latest Sale
$1,030,000
Jun 2025 · EXECUTIVE · Floor 10-12
Median $/sqm
$4,675
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +48.2%
Median price change
Median Price ?
Top 12%
#67 / 580 Top 12%
Latest Sale ?
Top 4%
#21 / 580 Top 4%
Value ($/sqm) ?
Top 59%
#341 / 580 Top 59%
5-Year Growth ?
Top 14%
#57 / 395 Top 14%
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
+8.2%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Based on this block’s +48.2% 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 60 years remaining 99 years
60 years 1 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.51%/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
Executive $3,600 typically $3,350–$4,000 4.4% 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 4 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
4 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 705 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
Jun 2025 10 TO 12 EXECUTIVE 148 sqm $1,030,000 $6,959
Nov 2024 10 TO 12 EXECUTIVE 148 sqm $1,020,000 $6,892
Sep 2024 10 TO 12 EXECUTIVE 154 sqm $1,020,000 $6,623
May 2024 07 TO 09 EXECUTIVE 148 sqm $895,000 $6,047
May 2024 07 TO 09 EXECUTIVE 148 sqm $925,000 $6,250
May 2024 04 TO 06 EXECUTIVE 148 sqm $928,000 $6,270
Apr 2023 07 TO 09 EXECUTIVE 148 sqm $870,000 $5,878
Mar 2022 10 TO 12 EXECUTIVE 148 sqm $822,000 $5,554
Jun 2021 01 TO 03 EXECUTIVE 148 sqm $690,000 $4,662
Jun 2021 01 TO 03 EXECUTIVE 148 sqm $712,000 $4,811
Apr 2021 10 TO 12 EXECUTIVE 154 sqm $700,000 $4,545
Feb 2021 01 TO 03 EXECUTIVE 154 sqm $640,000 $4,156
Sep 2020 07 TO 09 EXECUTIVE 148 sqm $670,000 $4,527
Aug 2019 04 TO 06 EXECUTIVE 147 sqm $700,000 $4,762
Jun 2019 10 TO 12 EXECUTIVE 148 sqm $670,000 $4,527
Mar 2019 10 TO 12 EXECUTIVE 154 sqm $635,000 $4,123
Sep 2018 01 TO 03 EXECUTIVE 154 sqm $602,888 $3,915
Sep 2018 07 TO 09 EXECUTIVE 148 sqm $668,000 $4,514
Sep 2018 04 TO 06 EXECUTIVE 154 sqm $720,000 $4,675
Jul 2018 07 TO 09 EXECUTIVE 148 sqm $845,000 $5,709
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 705 Hougang Avenue 2

Block 705 Hougang Avenue 2 is a million-dollar HDB block: a flat here has sold for as much as $1,030,000 (Jun 2025), among the rare blocks in Hougang to cross that mark. Its median runs about 44% above the Hougang median, ahead of around 89% of the town's blocks. It has a regular flow of resale activity, with 23 transactions since 2017 across executive flats priced from $600,000 to $1,030,000. The most recent transaction was an executive flat on storeys 10 TO 12 at $1,030,000 in Jun 2025, and the median works out to $4,675/sqm. Over five years, prices here are up about 48.2%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8734, an annual lease decay of about 0.51%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 705 Hougang Avenue 2 worth?

The most recent resale transaction at Block 705 Hougang Avenue 2 was $1,030,000 for a executive flat in 2025-06. The median price per square metre across all flat types is $4,675, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 705 Hougang Avenue 2?

Block 705 Hougang Avenue 2 was built in 1986 and has approximately 60 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.

What flat types are available at Block 705 Hougang Avenue 2?

Block 705 Hougang Avenue 2 in Hougang contains executive flats. Resale prices range from $600,000 to $1,030,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 705 Hougang Avenue 2 gone up or down?

Resale prices at Block 705 Hougang Avenue 2 have increased by approximately 48.2% over the past five years. The current median price is $700,000, with the most recent sale at $1,030,000 in 2025-06.

Link copied to clipboard