Block 242 Hougang Street 22
Block 242 Hougang Street 22 has 35 recorded HDB resale transactions since 2017. Latest sale: $440,000 (Feb 2025, 3 room, floors 07–09). Median $4,134/sqm. Prices up 42.9% over the past five years. Built 1984, 58 years lease remaining.
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 |
|---|---|---|---|
| 3-Room | $2,500 typically $2,300–$2,500 | 6.8% | 6 rentals here |
| 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 1 popular school. 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 242 Hougang Street 22 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 |
|---|---|---|---|---|---|
| Feb 2025 | 07 TO 09 | 3 ROOM | 71 sqm | $440,000 | $6,197 |
| Aug 2024 | 04 TO 06 | 4 ROOM | 93 sqm | $503,000 | $5,409 |
| Aug 2024 | 10 TO 12 | 4 ROOM | 92 sqm | $560,000 | $6,087 |
| Mar 2024 | 07 TO 09 | 3 ROOM | 67 sqm | $368,888 | $5,506 |
| Jul 2023 | 04 TO 06 | 4 ROOM | 92 sqm | $460,000 | $5,000 |
| Jan 2023 | 01 TO 03 | 3 ROOM | 72 sqm | $340,000 | $4,722 |
| Dec 2022 | 07 TO 09 | 3 ROOM | 71 sqm | $380,000 | $5,352 |
| Dec 2022 | 10 TO 12 | 4 ROOM | 92 sqm | $455,000 | $4,946 |
| Sep 2022 | 07 TO 09 | 3 ROOM | 71 sqm | $330,000 | $4,648 |
| Jul 2022 | 10 TO 12 | 3 ROOM | 67 sqm | $395,000 | $5,896 |
| Feb 2022 | 01 TO 03 | 3 ROOM | 72 sqm | $310,000 | $4,306 |
| Feb 2022 | 10 TO 12 | 3 ROOM | 67 sqm | $315,888 | $4,715 |
| Jan 2022 | 10 TO 12 | 3 ROOM | 67 sqm | $350,000 | $5,224 |
| Dec 2021 | 07 TO 09 | 3 ROOM | 67 sqm | $325,000 | $4,851 |
| Aug 2021 | 04 TO 06 | 3 ROOM | 67 sqm | $316,000 | $4,716 |
| May 2021 | 10 TO 12 | 3 ROOM | 67 sqm | $308,000 | $4,597 |
| Apr 2021 | 01 TO 03 | 4 ROOM | 96 sqm | $388,000 | $4,042 |
| Mar 2021 | 01 TO 03 | 4 ROOM | 96 sqm | $350,000 | $3,646 |
| Feb 2021 | 01 TO 03 | 3 ROOM | 67 sqm | $273,000 | $4,075 |
| Feb 2021 | 01 TO 03 | 3 ROOM | 67 sqm | $277,000 | $4,134 |
About Block 242 Hougang Street 22
Block 242 Hougang Street 22 is an ageing-lease HDB block in Hougang, built in 1984 with about 58 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 30% below the Hougang median, cheaper than about 94% of the town's blocks. It has a regular flow of resale activity, with 35 transactions since 2017 across 3 room, 4 room flats priced from $258,000 to $560,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $440,000 in Feb 2025, and the median works out to $4,134/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 14% above those on the 01 TO 03 band. Over five years, prices here are up about 42.9%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 242 Hougang Street 22 worth?
The most recent resale transaction at Block 242 Hougang Street 22 was $440,000 for a 3 room flat in 2025-02. The median price per square metre across all flat types is $4,134, based on 35 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 242 Hougang Street 22?
Block 242 Hougang Street 22 was built in 1984 and has approximately 58 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.
What flat types are available at Block 242 Hougang Street 22?
Block 242 Hougang Street 22 in Hougang contains 3 room, 4 room flats. Resale prices range from $258,000 to $560,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 242 Hougang Street 22 gone up or down?
Resale prices at Block 242 Hougang Street 22 have increased by approximately 42.9% over the past five years. The current median price is $340,000, with the most recent sale at $440,000 in 2025-02.