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Block 240 Hougang Street 22

3 Room · 4 Room · Built 1984 · 57 years remaining lease · Updated Mar 2026 MOP Cleared

Block 240 Hougang Street 22 has 21 recorded HDB resale transactions since 2017. Latest sale: $626,888 (Mar 2026, 4 room, floors 07–09). Median $5,418/sqm. Prices up 41% over the past five years. Built 1984, 57 years lease remaining.

How this block compares

  • 4 Room$615,944
    −1.0%vs town(−$6k)−2.2%vs national(−$14k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$626,888
Mar 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$5,418
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +41%
Median price change
Median Price ?
Top 60%
#348 / 580 Top 60%
Latest Sale ?
Top 50%
#289 / 580 Top 50%
Value ($/sqm) ?
Top 23%
#133 / 580 Top 23%
5-Year Growth ?
Top 36%
#143 / 395 Top 36%
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
+7.1%/yr
vs
Lease Decay
−0.56%/yr
Growth assumption
Based on this block’s +41% 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 7 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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
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
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 240 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
Mar 2026 07 TO 09 4 ROOM 104 sqm $626,888 $6,028
Feb 2026 01 TO 03 4 ROOM 104 sqm $605,000 $5,817
Aug 2025 01 TO 03 3 ROOM 74 sqm $455,000 $6,149
Jun 2025 13 TO 15 3 ROOM 74 sqm $470,000 $6,351
Dec 2024 04 TO 06 3 ROOM 74 sqm $456,888 $6,174
Nov 2024 13 TO 15 3 ROOM 74 sqm $465,000 $6,284
Oct 2024 07 TO 09 4 ROOM 104 sqm $620,000 $5,962
Jun 2024 01 TO 03 4 ROOM 105 sqm $568,888 $5,418
Jan 2024 10 TO 12 4 ROOM 105 sqm $580,000 $5,524
Dec 2023 13 TO 15 3 ROOM 74 sqm $428,000 $5,784
May 2023 07 TO 09 4 ROOM 104 sqm $540,000 $5,192
Apr 2023 07 TO 09 4 ROOM 105 sqm $535,000 $5,095
Mar 2023 10 TO 12 3 ROOM 74 sqm $400,000 $5,405
Mar 2023 10 TO 12 3 ROOM 74 sqm $428,000 $5,784
Jan 2023 04 TO 06 3 ROOM 74 sqm $385,000 $5,203
Jul 2021 04 TO 06 3 ROOM 74 sqm $328,000 $4,432
Jul 2020 07 TO 09 3 ROOM 74 sqm $300,000 $4,054
Feb 2019 01 TO 03 3 ROOM 74 sqm $245,000 $3,311
Apr 2018 13 TO 15 4 ROOM 105 sqm $408,000 $3,886
Mar 2017 04 TO 06 3 ROOM 74 sqm $300,000 $4,054
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 240 Hougang Street 22

Block 240 Hougang Street 22 is an ageing-lease HDB block in Hougang, built in 1984 with about 57 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 7% below the Hougang median, cheaper than about 60% of the town's blocks. It has a regular flow of resale activity, with 21 transactions since 2017 across 3 room, 4 room flats priced from $245,000 to $626,888. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $626,888 in Mar 2026, and the median works out to $5,418/sqm. Floor level matters here: units on the higher 13 TO 15 band have sold around 30% above those on the 04 TO 06 band. Over five years, prices here are up about 41%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 240 Hougang Street 22 worth?

The most recent resale transaction at Block 240 Hougang Street 22 was $626,888 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $5,418, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 240 Hougang Street 22?

Block 240 Hougang Street 22 was built in 1984 and has approximately 57 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 240 Hougang Street 22?

Block 240 Hougang Street 22 in Hougang contains 3 room, 4 room flats. Resale prices range from $245,000 to $626,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 240 Hougang Street 22 gone up or down?

Resale prices at Block 240 Hougang Street 22 have increased by approximately 41% over the past five years. The current median price is $455,000, with the most recent sale at $626,888 in 2026-03.

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