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Block 247 Hougang Avenue 3

3 Room · 4 Room · Built 1984 · 57 years remaining lease · Updated Jul 2026 MOP Cleared

Block 247 Hougang Avenue 3 has 22 recorded HDB resale transactions since 2017. Latest sale: $452,500 (Jul 2026, 3 room, floors 07–09). Median $5,396/sqm. Prices up 50.2% over the past five years. Built 1984, 57 years lease remaining.

How this block compares

  • 3 Room$455,000
    +0.0%vs town(+$0)+2.2%vs national(+$10k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$452,500
Jul 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$5,396
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +50.2%
Median price change
Median Price ?
Top 84%
#488 / 580 Top 84%
Latest Sale ?
Top 86%
#496 / 580 Top 86%
Value ($/sqm) ?
Top 24%
#139 / 580 Top 24%
5-Year Growth ?
Top 11%
#43 / 395 Top 11%
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
+8.5%/yr
vs
Lease Decay
−0.57%/yr
Growth assumption
Based on this block’s +50.2% 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 57 years remaining 99 years
57 years
Remaining lease
↓ 0.57%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.57%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,700 typically $2,400–$3,000 7.1% 7 rentals here
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 2 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
2 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 247 Hougang Avenue 3 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
Jul 2026 07 TO 09 3 ROOM 67 sqm $452,500 $6,754
Jun 2026 10 TO 12 3 ROOM 67 sqm $455,000 $6,791
Aug 2025 10 TO 12 3 ROOM 67 sqm $468,000 $6,985
Dec 2024 07 TO 09 3 ROOM 67 sqm $428,000 $6,388
Oct 2024 04 TO 06 3 ROOM 82 sqm $463,000 $5,646
Feb 2024 01 TO 03 3 ROOM 67 sqm $385,000 $5,746
Jan 2024 07 TO 09 3 ROOM 67 sqm $410,000 $6,119
Aug 2023 04 TO 06 3 ROOM 67 sqm $390,000 $5,821
Apr 2023 10 TO 12 3 ROOM 67 sqm $385,000 $5,746
Jan 2023 07 TO 09 3 ROOM 67 sqm $369,000 $5,507
Sep 2022 04 TO 06 3 ROOM 67 sqm $354,000 $5,284
Aug 2022 10 TO 12 3 ROOM 67 sqm $378,000 $5,642
Jan 2022 13 TO 15 3 ROOM 82 sqm $401,888 $4,901
Dec 2021 13 TO 15 3 ROOM 67 sqm $342,000 $5,104
Nov 2021 01 TO 03 3 ROOM 67 sqm $297,000 $4,433
Oct 2021 07 TO 09 4 ROOM 93 sqm $453,000 $4,871
Jun 2021 01 TO 03 3 ROOM 67 sqm $303,000 $4,522
Sep 2020 04 TO 06 3 ROOM 82 sqm $300,000 $3,659
Sep 2020 07 TO 09 3 ROOM 67 sqm $280,000 $4,179
Aug 2019 04 TO 06 3 ROOM 67 sqm $250,000 $3,731
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 247 Hougang Avenue 3

Block 247 Hougang Avenue 3 in Hougang dates to 1984 and now has roughly 57 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 22% below the Hougang median, cheaper than about 84% of the town's blocks. It has a regular flow of resale activity, with 22 transactions since 2017 across 3 room, 4 room flats priced from $250,000 to $468,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $452,500 in Jul 2026, and the median works out to $5,396/sqm. Higher floors carry a premium, with the 13 TO 15 band trading roughly 13% above the 01 TO 03 band. Over five years, prices here are up about 50.2%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 247 Hougang Avenue 3 worth?

The most recent resale transaction at Block 247 Hougang Avenue 3 was $452,500 for a 3 room flat in 2026-07. The median price per square metre across all flat types is $5,396, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 247 Hougang Avenue 3?

Block 247 Hougang Avenue 3 was built in 1984 and has approximately 57 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.57%, meaning the leasehold value decreases by approximately 0.57% per year at the current remaining lease.

What flat types are available at Block 247 Hougang Avenue 3?

Block 247 Hougang Avenue 3 in Hougang contains 3 room, 4 room flats. Resale prices range from $250,000 to $468,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 247 Hougang Avenue 3 gone up or down?

Resale prices at Block 247 Hougang Avenue 3 have increased by approximately 50.2% over the past five years. The current median price is $381,500, with the most recent sale at $452,500 in 2026-07.

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