Block 16 Hougang Avenue 3

5 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$642,000
Feb 2026 · 5 ROOM · #10-12
Median $/sqm
$4,512
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
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Insufficient data
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 10 months
Remaining lease
↓ 0.80%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.80%/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 2026 10 TO 12 5 ROOM 120 sqm $642,000 $5,350
Feb 2025 07 TO 09 5 ROOM 120 sqm $638,000 $5,317
Dec 2024 13 TO 15 5 ROOM 123 sqm $655,000 $5,325
Nov 2024 13 TO 15 5 ROOM 123 sqm $648,000 $5,268
Jul 2023 16 TO 18 5 ROOM 123 sqm $665,000 $5,407
Jul 2023 16 TO 18 5 ROOM 123 sqm $695,000 $5,650
Jan 2023 19 TO 21 5 ROOM 123 sqm $680,000 $5,528
Dec 2022 04 TO 06 5 ROOM 120 sqm $575,000 $4,792
Nov 2022 10 TO 12 5 ROOM 123 sqm $555,000 $4,512
Dec 2020 13 TO 15 5 ROOM 120 sqm $448,000 $3,733
Oct 2020 04 TO 06 5 ROOM 123 sqm $448,000 $3,642
Sep 2020 07 TO 09 5 ROOM 120 sqm $420,000 $3,500
Feb 2020 19 TO 21 5 ROOM 123 sqm $440,000 $3,577
Dec 2018 07 TO 09 5 ROOM 120 sqm $448,000 $3,733
Oct 2017 16 TO 18 5 ROOM 120 sqm $468,000 $3,900
Oct 2017 16 TO 18 5 ROOM 120 sqm $468,000 $3,900
Feb 2017 10 TO 12 5 ROOM 125 sqm $490,000 $3,920
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 16 Hougang Avenue 3

Block 16 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 5 room flats, with resale prices ranging from $420,000 to $695,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $642,000 in 2026-02. The current median price per square metre is $4,512. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8136, with an annual lease decay rate of approximately 0.80%. 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 16 Hougang Avenue 3 worth?

The most recent resale transaction at Block 16 Hougang Avenue 3 was $642,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $4,512, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 16 Hougang Avenue 3?

Block 16 Hougang Avenue 3 was built in 1975 and has approximately 48 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.80%, meaning the leasehold value decreases by approximately 0.80% per year at the current remaining lease.

What flat types are available at Block 16 Hougang Avenue 3?

Block 16 Hougang Avenue 3 in Hougang contains 5 room flats. Resale prices range from $420,000 to $695,000 based on historical transaction records from data.gov.sg.

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