Block 308 Hougang Avenue 5

3 Room · 4 Room · 5 Room · Built 1983 · 57 years remaining lease MOP Cleared
Latest Sale
$450,000
Sep 2025 · 3 ROOM · #10-12
Median $/sqm
$4,493
Based on 38 transactions
Total Transactions
38
Since Jan 2017
5-Year Trend
▲ +42%
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 2 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
Sep 2025 10 TO 12 3 ROOM 67 sqm $450,000 $6,716
Sep 2025 10 TO 12 4 ROOM 93 sqm $578,000 $6,215
Aug 2025 04 TO 06 3 ROOM 67 sqm $438,000 $6,537
May 2025 07 TO 09 4 ROOM 93 sqm $558,000 $6,000
Oct 2024 04 TO 06 4 ROOM 93 sqm $520,000 $5,591
Jul 2024 04 TO 06 3 ROOM 67 sqm $425,000 $6,343
May 2024 07 TO 09 3 ROOM 67 sqm $450,000 $6,716
Jan 2024 07 TO 09 3 ROOM 67 sqm $393,888 $5,879
Jan 2024 04 TO 06 4 ROOM 97 sqm $460,000 $4,742
Nov 2023 07 TO 09 4 ROOM 93 sqm $545,000 $5,860
Jun 2023 10 TO 12 3 ROOM 67 sqm $405,000 $6,045
Feb 2023 04 TO 06 4 ROOM 93 sqm $448,000 $4,817
Jan 2023 07 TO 09 3 ROOM 67 sqm $390,000 $5,821
Feb 2022 10 TO 12 4 ROOM 93 sqm $440,800 $4,740
Dec 2021 10 TO 12 3 ROOM 67 sqm $330,000 $4,925
Oct 2021 01 TO 03 4 ROOM 93 sqm $390,000 $4,194
Sep 2021 10 TO 12 3 ROOM 67 sqm $325,000 $4,851
Feb 2021 04 TO 06 4 ROOM 93 sqm $380,000 $4,086
Dec 2020 07 TO 09 4 ROOM 93 sqm $360,000 $3,871
Oct 2020 13 TO 15 3 ROOM 67 sqm $290,000 $4,328
Showing 20 of 38 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 308 Hougang Avenue 5

Block 308 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, 5 room flats, with resale prices ranging from $263,000 to $660,000 based on 38 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $450,000 in 2025-09. The current median price per square metre is $4,493. Over the past five years, resale prices at this block have increased by approximately 42%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8601, 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 308 Hougang Avenue 5 worth?

The most recent resale transaction at Block 308 Hougang Avenue 5 was $450,000 for a 3 room flat in 2025-09. The median price per square metre across all flat types is $4,493, based on 38 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 308 Hougang Avenue 5?

Block 308 Hougang Avenue 5 was built in 1983 and has approximately 57 years and 2 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 308 Hougang Avenue 5?

Block 308 Hougang Avenue 5 in Hougang contains 3 room, 4 room, 5 room flats. Resale prices range from $263,000 to $660,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 308 Hougang Avenue 5 gone up or down?

Resale prices at Block 308 Hougang Avenue 5 have increased by approximately 42% over the past five years. The current median price is $357,500, with the most recent sale at $450,000 in 2025-09.

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