Block 323 Hougang Avenue 5

3 Room · 4 Room · Built 1982 · 56 years remaining lease MOP Cleared

Latest Sale

$420,000

Aug 2025 · 3 ROOM · #01-03

Median $/sqm

$3,833

Based on 4 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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 56 years remaining 99 years

56 years 3 months

Remaining lease

↓ 0.59%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.59%/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
Aug 2025	01 TO 03	3 ROOM	67 sqm	$420,000	$6,269
Sep 2018	01 TO 03	4 ROOM	92 sqm	$338,000	$3,674
Jun 2018	01 TO 03	3 ROOM	67 sqm	$266,000	$3,970
Apr 2017	01 TO 03	4 ROOM	92 sqm	$340,000	$3,696

Showing 4 of 4 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 323 Hougang Avenue 5

Block 323 at Hougang Avenue 5 is a residential HDB block in Hougang, Singapore, built in 1982 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $266,000 to $420,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $420,000 in 2025-08. The current median price per square metre is $3,833. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8556, with an annual lease decay rate of approximately 0.59%. 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 323 Hougang Avenue 5 worth?

The most recent resale transaction at Block 323 Hougang Avenue 5 was $420,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $3,833, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 323 Hougang Avenue 5?

Block 323 Hougang Avenue 5 was built in 1982 and has approximately 56 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 0.59%, meaning the leasehold value decreases by approximately 0.59% per year at the current remaining lease.

What flat types are available at Block 323 Hougang Avenue 5?

Block 323 Hougang Avenue 5 in Hougang contains 3 room, 4 room flats. Resale prices range from $266,000 to $420,000 based on historical transaction records from data.gov.sg.