Block 23 Hougang Avenue 3

3 Room · 4 Room · Executive · Built 1978 · 51 years remaining lease MOP Cleared
Latest Sale
$450,000
Feb 2026 · 3 ROOM · #10-12
Median $/sqm
$4,336
Based on 34 transactions
Total Transactions
34
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 51 years remaining 99 years
51 years 4 months
Remaining lease
↓ 0.72%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 51 years remaining, decay is gradual (~0.72%/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 3 ROOM 88 sqm $450,000 $5,114
Feb 2026 10 TO 12 3 ROOM 73 sqm $430,000 $5,890
Dec 2025 01 TO 03 3 ROOM 73 sqm $418,000 $5,726
Aug 2025 10 TO 12 3 ROOM 73 sqm $430,000 $5,890
Aug 2025 01 TO 03 3 ROOM 73 sqm $415,000 $5,685
Jun 2025 01 TO 03 3 ROOM 73 sqm $410,000 $5,616
Apr 2025 07 TO 09 3 ROOM 73 sqm $420,000 $5,753
Nov 2023 01 TO 03 3 ROOM 73 sqm $369,000 $5,055
Jul 2023 07 TO 09 3 ROOM 73 sqm $405,000 $5,548
Jul 2023 07 TO 09 4 ROOM 98 sqm $440,888 $4,499
Feb 2023 10 TO 12 3 ROOM 73 sqm $368,888 $5,053
Nov 2022 01 TO 03 3 ROOM 73 sqm $360,000 $4,932
Aug 2022 01 TO 03 3 ROOM 73 sqm $333,888 $4,574
Jul 2022 04 TO 06 3 ROOM 73 sqm $360,000 $4,932
May 2022 04 TO 06 3 ROOM 73 sqm $350,000 $4,795
Jan 2022 01 TO 03 4 ROOM 98 sqm $400,000 $4,082
Dec 2020 10 TO 12 3 ROOM 73 sqm $308,000 $4,219
Dec 2020 04 TO 06 3 ROOM 73 sqm $265,000 $3,630
Oct 2020 07 TO 09 3 ROOM 73 sqm $283,000 $3,877
Jun 2020 10 TO 12 EXECUTIVE 174 sqm $628,000 $3,609
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 23 Hougang Avenue 3

Block 23 at Hougang Avenue 3 is a residential HDB block in Hougang, Singapore, built in 1978 with approximately 51 years remaining on its 99-year lease. The block contains 3 room, 4 room, executive flats, with resale prices ranging from $255,000 to $628,000 based on 34 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $450,000 in 2026-02. The current median price per square metre is $4,336. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8290, with an annual lease decay rate of approximately 0.72%. 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 23 Hougang Avenue 3 worth?

The most recent resale transaction at Block 23 Hougang Avenue 3 was $450,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $4,336, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 23 Hougang Avenue 3?

Block 23 Hougang Avenue 3 was built in 1978 and has approximately 51 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.72%, meaning the leasehold value decreases by approximately 0.72% per year at the current remaining lease.

What flat types are available at Block 23 Hougang Avenue 3?

Block 23 Hougang Avenue 3 in Hougang contains 3 room, 4 room, executive flats. Resale prices range from $255,000 to $628,000 based on historical transaction records from data.gov.sg.

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