Block 1 Hougang Avenue 3

3 Room · 5 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$350,000
Dec 2025 · 3 ROOM · #01-03
Median $/sqm
$4,610
Based on 47 transactions
Total Transactions
47
Since Jan 2017
5-Year Trend
▲ +29.1%
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 48 years remaining 99 years
48 years 8 months
Remaining lease
↓ 0.81%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.81%/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
Dec 2025 01 TO 03 3 ROOM 59 sqm $350,000 $5,932
Nov 2025 01 TO 03 3 ROOM 59 sqm $360,000 $6,102
May 2025 10 TO 12 5 ROOM 118 sqm $735,000 $6,229
Apr 2025 01 TO 03 3 ROOM 59 sqm $328,000 $5,559
May 2024 04 TO 06 3 ROOM 59 sqm $320,000 $5,424
May 2024 04 TO 06 3 ROOM 59 sqm $330,000 $5,593
May 2024 10 TO 12 3 ROOM 59 sqm $330,000 $5,593
Mar 2024 01 TO 03 3 ROOM 59 sqm $290,000 $4,915
Mar 2024 10 TO 12 3 ROOM 59 sqm $325,000 $5,508
Jan 2024 07 TO 09 3 ROOM 59 sqm $330,000 $5,593
Jan 2024 13 TO 15 3 ROOM 59 sqm $346,000 $5,864
Oct 2023 10 TO 12 3 ROOM 59 sqm $320,000 $5,424
Sep 2023 01 TO 03 3 ROOM 59 sqm $318,888 $5,405
Aug 2023 01 TO 03 3 ROOM 59 sqm $305,000 $5,169
Jul 2023 10 TO 12 3 ROOM 59 sqm $320,000 $5,424
Mar 2023 04 TO 06 3 ROOM 70 sqm $321,888 $4,598
Dec 2022 10 TO 12 3 ROOM 59 sqm $320,000 $5,424
Dec 2022 10 TO 12 3 ROOM 59 sqm $320,000 $5,424
Nov 2022 10 TO 12 3 ROOM 59 sqm $320,000 $5,424
Oct 2022 10 TO 12 3 ROOM 59 sqm $310,000 $5,254
Showing 20 of 47 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 1 Hougang Avenue 3

Block 1 at Hougang Avenue 3 is a residential HDB block in Hougang, Singapore, built in 1975 with approximately 48 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $195,000 to $735,000 based on 47 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $350,000 in 2025-12. The current median price per square metre is $4,610. Over the past five years, resale prices at this block have increased by approximately 29.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8125, with an annual lease decay rate of approximately 0.81%. 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 1 Hougang Avenue 3 worth?

The most recent resale transaction at Block 1 Hougang Avenue 3 was $350,000 for a 3 room flat in 2025-12. The median price per square metre across all flat types is $4,610, based on 47 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 1 Hougang Avenue 3?

Block 1 Hougang Avenue 3 was built in 1975 and has approximately 48 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 0.81%, meaning the leasehold value decreases by approximately 0.81% per year at the current remaining lease.

What flat types are available at Block 1 Hougang Avenue 3?

Block 1 Hougang Avenue 3 in Hougang contains 3 room, 5 room flats. Resale prices range from $195,000 to $735,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 1 Hougang Avenue 3 gone up or down?

Resale prices at Block 1 Hougang Avenue 3 have increased by approximately 29.1% over the past five years. The current median price is $298,000, with the most recent sale at $350,000 in 2025-12.

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