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Block 239 Hougang Street 22

4 Room · 5 Room · Built 1984 · 60 years remaining lease · Updated Nov 2023 MOP Cleared

Block 239 Hougang Street 22 has 16 recorded HDB resale transactions since 2017. Latest sale: $516,000 (Nov 2023, 4 room, floors 01–03). Median $3,877/sqm. Built 1984, 60 years lease remaining.

Latest Sale
$516,000
Nov 2023 · 4 ROOM · Floor 01-03
Median $/sqm
$3,877
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 75%
#434 / 580 Top 75%
Latest Sale ?
Top 76%
#442 / 580 Top 76%
Value ($/sqm) ?
Top 99%
#572 / 580 Top 99%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 60 years remaining 99 years
60 years 1 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.51%/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). This block has too few rentals on record, so figures shown are the Hougang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,000–$3,450 6.2% Hougang avg · block too thin
5-Room $3,475 typically $3,200–$3,600 5.4% Hougang avg · block too thin
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 239 Hougang Street 22 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
Nov 2023 01 TO 03 4 ROOM 109 sqm $516,000 $4,734
Jun 2023 04 TO 06 4 ROOM 105 sqm $498,888 $4,751
Jun 2023 04 TO 06 4 ROOM 104 sqm $538,000 $5,173
Jul 2022 10 TO 12 4 ROOM 104 sqm $485,000 $4,663
Mar 2022 10 TO 12 4 ROOM 104 sqm $470,000 $4,519
Dec 2020 07 TO 09 4 ROOM 104 sqm $410,000 $3,942
Feb 2020 04 TO 06 4 ROOM 105 sqm $365,000 $3,476
Jan 2020 04 TO 06 4 ROOM 104 sqm $360,000 $3,462
Jan 2020 01 TO 03 5 ROOM 136 sqm $525,000 $3,860
Oct 2019 01 TO 03 4 ROOM 114 sqm $350,000 $3,070
Sep 2019 04 TO 06 4 ROOM 104 sqm $338,000 $3,250
Sep 2019 10 TO 12 4 ROOM 109 sqm $418,000 $3,835
Jul 2019 04 TO 06 5 ROOM 136 sqm $575,000 $4,228
Feb 2019 04 TO 06 5 ROOM 136 sqm $410,000 $3,015
Sep 2018 10 TO 12 4 ROOM 109 sqm $410,000 $3,761
May 2018 07 TO 09 4 ROOM 104 sqm $405,000 $3,894
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 239 Hougang Street 22

Block 239 Hougang Street 22 is an established HDB block in Hougang, built in 1984 with about 60 years remaining on its 99-year lease. Its median sits about 15% below the Hougang median, cheaper than about 74% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 4 room, 5 room flats priced from $338,000 to $575,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $516,000 in Nov 2023, and the median works out to $3,877/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 22% above those on the 04 TO 06 band. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8734, equivalent to roughly 0.51% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 239 Hougang Street 22 worth?

The most recent resale transaction at Block 239 Hougang Street 22 was $516,000 for a 4 room flat in 2023-11. The median price per square metre across all flat types is $3,877, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 239 Hougang Street 22?

Block 239 Hougang Street 22 was built in 1984 and has approximately 60 years and 1 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 239 Hougang Street 22?

Block 239 Hougang Street 22 in Hougang contains 4 room, 5 room flats. Resale prices range from $338,000 to $575,000 based on historical transaction records from data.gov.sg.

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