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Block 305 Hougang Avenue 5

3 Room · 4 Room · Built 1983 · 57 years remaining lease · Updated Sep 2024 MOP Cleared

Block 305 Hougang Avenue 5 has 6 recorded HDB resale transactions since 2017. Latest sale: $428,888 (Sep 2024, 3 room, floors 01–03). Median $4,161/sqm. Built 1983, 57 years lease remaining.

Latest Sale
$428,888
Sep 2024 · 3 ROOM · Floor 01-03
Median $/sqm
$4,161
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 82%
#475 / 580 Top 82%
Latest Sale ?
Top 90%
#524 / 580 Top 90%
Value ($/sqm) ?
Top 88%
#513 / 580 Top 88%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.56%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 6 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,700 typically $2,450–$2,900 7.1% Hougang avg · block too thin
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 3 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
3 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 305 Hougang Avenue 5 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
Sep 2024 01 TO 03 3 ROOM 74 sqm $428,888 $5,796
Jun 2023 01 TO 03 3 ROOM 74 sqm $398,000 $5,378
Feb 2019 01 TO 03 4 ROOM 105 sqm $370,000 $3,524
Jan 2019 04 TO 06 4 ROOM 105 sqm $380,000 $3,619
Jul 2018 01 TO 03 4 ROOM 111 sqm $398,000 $3,586
Jun 2017 01 TO 03 3 ROOM 74 sqm $348,000 $4,703
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 305 Hougang Avenue 5

Block 305 Hougang Avenue 5 is an ageing-lease HDB block in Hougang, built in 1983 with about 57 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 20% below the Hougang median, cheaper than about 82% of the town's blocks. It has a relatively light resale record, with 6 transactions since 2017 across 3 room, 4 room flats priced from $348,000 to $428,888. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $428,888 in Sep 2024, and the median works out to $4,161/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 305 Hougang Avenue 5 worth?

The most recent resale transaction at Block 305 Hougang Avenue 5 was $428,888 for a 3 room flat in 2024-09. The median price per square metre across all flat types is $4,161, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 305 Hougang Avenue 5?

Block 305 Hougang Avenue 5 was built in 1983 and has approximately 57 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 305 Hougang Avenue 5?

Block 305 Hougang Avenue 5 in Hougang contains 3 room, 4 room flats. Resale prices range from $348,000 to $428,888 based on historical transaction records from data.gov.sg.

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