Block 304 Hougang Avenue 5

3 Room · 4 Room · Executive · Built 1983 · 57 years remaining lease MOP Cleared
Latest Sale
$460,000
Jun 2025 · 3 ROOM · #01-03
Median $/sqm
$4,932
Based on 29 transactions
Total Transactions
29
Since Jan 2017
5-Year Trend
▲ +24.7%
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 57 years remaining 99 years
57 years 3 months
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.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2025 01 TO 03 3 ROOM 74 sqm $460,000 $6,216
Feb 2025 07 TO 09 3 ROOM 74 sqm $450,000 $6,081
Dec 2024 13 TO 15 4 ROOM 109 sqm $648,000 $5,945
Aug 2024 07 TO 09 3 ROOM 74 sqm $458,000 $6,189
Aug 2024 04 TO 06 4 ROOM 105 sqm $560,000 $5,333
Jul 2024 07 TO 09 3 ROOM 74 sqm $465,000 $6,284
Jan 2024 10 TO 12 4 ROOM 109 sqm $628,000 $5,761
Dec 2023 10 TO 12 3 ROOM 74 sqm $409,000 $5,527
Sep 2023 04 TO 06 3 ROOM 74 sqm $465,000 $6,284
Aug 2023 01 TO 03 EXECUTIVE 148 sqm $788,888 $5,330
May 2023 04 TO 06 3 ROOM 74 sqm $400,000 $5,405
Dec 2022 01 TO 03 3 ROOM 74 sqm $388,000 $5,243
Nov 2022 07 TO 09 4 ROOM 104 sqm $508,000 $4,885
Oct 2022 04 TO 06 3 ROOM 74 sqm $440,000 $5,946
Sep 2022 07 TO 09 4 ROOM 105 sqm $476,000 $4,533
Apr 2022 07 TO 09 4 ROOM 105 sqm $480,000 $4,571
Nov 2021 10 TO 12 3 ROOM 74 sqm $365,000 $4,932
May 2021 07 TO 09 3 ROOM 74 sqm $360,000 $4,865
Mar 2021 04 TO 06 3 ROOM 74 sqm $370,000 $5,000
Nov 2020 01 TO 03 4 ROOM 105 sqm $397,000 $3,781
Showing 20 of 29 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 304 Hougang Avenue 5

Block 304 at Hougang Avenue 5 is a residential HDB block in Hougang, Singapore, built in 1983 with approximately 57 years remaining on its 99-year lease. The block contains 3 room, 4 room, executive flats, with resale prices ranging from $298,000 to $788,888 based on 29 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $460,000 in 2025-06. The current median price per square metre is $4,932. Over the past five years, resale prices at this block have increased by approximately 24.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8605, with an annual lease decay rate of approximately 0.57%. 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 304 Hougang Avenue 5 worth?

The most recent resale transaction at Block 304 Hougang Avenue 5 was $460,000 for a 3 room flat in 2025-06. The median price per square metre across all flat types is $4,932, based on 29 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 304 Hougang Avenue 5?

Block 304 Hougang Avenue 5 was built in 1983 and has approximately 57 years and 3 months 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 304 Hougang Avenue 5?

Block 304 Hougang Avenue 5 in Hougang contains 3 room, 4 room, executive flats. Resale prices range from $298,000 to $788,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 304 Hougang Avenue 5 gone up or down?

Resale prices at Block 304 Hougang Avenue 5 have increased by approximately 24.7% over the past five years. The current median price is $409,000, with the most recent sale at $460,000 in 2025-06.

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