Block 340 Hougang Avenue 7
Block 340 Hougang Avenue 7 has 12 recorded HDB resale transactions since 2017. Latest sale: $505,000 (Jun 2024, 4 room, floors 01–03). Median $4,013/sqm. Built 1985, 59 years lease remaining.
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 |
This block is inside the 1 km Primary 1 priority zone for 4 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Other HDB blocks closest to Block 340 Hougang Avenue 7 in Hougang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jun 2024 | 01 TO 03 | 4 ROOM | 93 sqm | $505,000 | $5,430 |
| Aug 2023 | 01 TO 03 | 3 ROOM | 67 sqm | $378,000 | $5,642 |
| Mar 2023 | 01 TO 03 | 4 ROOM | 93 sqm | $468,888 | $5,042 |
| Feb 2023 | 01 TO 03 | 3 ROOM | 67 sqm | $363,000 | $5,418 |
| Apr 2022 | 01 TO 03 | 3 ROOM | 67 sqm | $348,000 | $5,194 |
| Dec 2020 | 04 TO 06 | 4 ROOM | 91 sqm | $350,000 | $3,846 |
| Jan 2020 | 01 TO 03 | 3 ROOM | 71 sqm | $264,000 | $3,718 |
| Sep 2019 | 01 TO 03 | 3 ROOM | 76 sqm | $275,000 | $3,618 |
| Sep 2018 | 04 TO 06 | 4 ROOM | 93 sqm | $320,000 | $3,441 |
| May 2018 | 01 TO 03 | 3 ROOM | 71 sqm | $260,000 | $3,662 |
| Apr 2017 | 01 TO 03 | 3 ROOM | 67 sqm | $280,000 | $4,179 |
| Apr 2017 | 04 TO 06 | 4 ROOM | 93 sqm | $322,000 | $3,462 |
About Block 340 Hougang Avenue 7
Block 340 Hougang Avenue 7 in Hougang dates to 1985 and now has roughly 59 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 31% below the Hougang median, cheaper than about 95% of the town's blocks. It has a relatively light resale record, with 12 transactions since 2017 across 3 room, 4 room flats priced from $260,000 to $505,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $505,000 in Jun 2024, and the median works out to $4,013/sqm. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 340 Hougang Avenue 7 worth?
The most recent resale transaction at Block 340 Hougang Avenue 7 was $505,000 for a 4 room flat in 2024-06. The median price per square metre across all flat types is $4,013, based on 12 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 340 Hougang Avenue 7?
Block 340 Hougang Avenue 7 was built in 1985 and has approximately 59 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.
What flat types are available at Block 340 Hougang Avenue 7?
Block 340 Hougang Avenue 7 in Hougang contains 3 room, 4 room flats. Resale prices range from $260,000 to $505,000 based on historical transaction records from data.gov.sg.