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Block 359 Hougang Avenue 5

4 Room · 5 Room · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$630,000
Mar 2026 · 4 ROOM · #01-03
Median $/sqm
$4,634
Based on 5 transactions
Total Transactions
5
Since Jan 2017
5-Year Trend
▲ +9.6%
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 65 years remaining 99 years
65 years 8 months
Remaining lease
↓ 0.41%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/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
Mar 2026 01 TO 03 4 ROOM 106 sqm $630,000 $5,943
Jul 2021 04 TO 06 5 ROOM 122 sqm $670,000 $5,492
Jun 2021 04 TO 06 4 ROOM 104 sqm $480,000 $4,615
Dec 2019 04 TO 06 5 ROOM 123 sqm $570,000 $4,634
Dec 2019 01 TO 03 5 ROOM 129 sqm $562,000 $4,357
Showing 5 of 5 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 359 Hougang Avenue 5

Block 359 at Hougang Avenue 5 is a residential HDB block in Hougang, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $480,000 to $670,000 based on 5 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $630,000 in 2026-03. The current median price per square metre is $4,634. Over the past five years, resale prices at this block have increased by approximately 9.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8955, with an annual lease decay rate of approximately 0.41%. 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 359 Hougang Avenue 5 worth?

The most recent resale transaction at Block 359 Hougang Avenue 5 was $630,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,634, based on 5 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 359 Hougang Avenue 5?

Block 359 Hougang Avenue 5 was built in 1992 and has approximately 65 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 359 Hougang Avenue 5?

Block 359 Hougang Avenue 5 in Hougang contains 4 room, 5 room flats. Resale prices range from $480,000 to $670,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 359 Hougang Avenue 5 gone up or down?

Resale prices at Block 359 Hougang Avenue 5 have increased by approximately 9.6% over the past five years. The current median price is $570,000, with the most recent sale at $630,000 in 2026-03.

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