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Block 324 Hougang Avenue 5

4 Room · Built 1983 · 57 years remaining lease · Updated Jun 2025 MOP Cleared

Block 324 Hougang Avenue 5 has 19 recorded HDB resale transactions since 2017. Latest sale: $595,000 (Jun 2025, 4 room, floors 07–09). Median $4,856/sqm. Prices up 45.9% over the past five years. Built 1983, 57 years lease remaining.

Latest Sale
$595,000
Jun 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$4,856
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +45.9%
Median price change
Median Price ?
Top 43%
#250 / 580 Top 43%
Latest Sale ?
Top 61%
#351 / 580 Top 61%
Value ($/sqm) ?
Top 49%
#282 / 580 Top 49%
5-Year Growth ?
Top 19%
#77 / 395 Top 19%
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
+7.8%/yr
vs
Lease Decay
−0.57%/yr
Growth assumption
Based on this block’s +45.9% 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
4-Room $3,600 typically $3,200–$3,600 6.9% 7 rentals here
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 324 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
Jun 2025 07 TO 09 4 ROOM 104 sqm $595,000 $5,721
Jan 2025 07 TO 09 4 ROOM 104 sqm $625,000 $6,010
Nov 2024 04 TO 06 4 ROOM 104 sqm $628,888 $6,047
May 2024 04 TO 06 4 ROOM 104 sqm $565,000 $5,433
Feb 2024 10 TO 12 4 ROOM 104 sqm $588,000 $5,654
Dec 2023 10 TO 12 4 ROOM 104 sqm $580,000 $5,577
May 2023 04 TO 06 4 ROOM 104 sqm $505,000 $4,856
May 2023 10 TO 12 4 ROOM 104 sqm $530,000 $5,096
Apr 2023 07 TO 09 4 ROOM 104 sqm $523,000 $5,029
Mar 2023 01 TO 03 4 ROOM 104 sqm $465,000 $4,471
Mar 2023 13 TO 15 4 ROOM 104 sqm $510,000 $4,904
Jun 2022 01 TO 03 4 ROOM 104 sqm $448,000 $4,308
Apr 2022 13 TO 15 4 ROOM 104 sqm $500,000 $4,808
Apr 2021 07 TO 09 4 ROOM 104 sqm $418,000 $4,019
Jun 2020 10 TO 12 4 ROOM 104 sqm $405,000 $3,894
Apr 2019 07 TO 09 4 ROOM 104 sqm $428,000 $4,115
Oct 2018 10 TO 12 4 ROOM 104 sqm $410,000 $3,942
May 2018 10 TO 12 4 ROOM 104 sqm $393,800 $3,787
Oct 2017 10 TO 12 4 ROOM 104 sqm $395,000 $3,798
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 324 Hougang Avenue 5

Block 324 Hougang Avenue 5 in Hougang dates to 1983 and now has roughly 57 years of lease remaining, which makes lease decay the central consideration for buyers. Its $505,000 median tracks close to the Hougang town median. It has a relatively light resale record, with 19 transactions since 2017 across 4 room flats priced from $393,800 to $628,888. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $595,000 in Jun 2025, and the median works out to $4,856/sqm. Over five years, prices here are up about 45.9%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 324 Hougang Avenue 5 worth?

The most recent resale transaction at Block 324 Hougang Avenue 5 was $595,000 for a 4 room flat in 2025-06. The median price per square metre across all flat types is $4,856, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 324 Hougang Avenue 5?

Block 324 Hougang Avenue 5 was built in 1983 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 324 Hougang Avenue 5?

Block 324 Hougang Avenue 5 in Hougang contains 4 room flats. Resale prices range from $393,800 to $628,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 324 Hougang Avenue 5 gone up or down?

Resale prices at Block 324 Hougang Avenue 5 have increased by approximately 45.9% over the past five years. The current median price is $505,000, with the most recent sale at $595,000 in 2025-06.

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