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Block 245 Hougang Street 22

4 Room · 5 Room · Built 1984 · 57 years remaining lease · Updated May 2026 MOP Cleared

Block 245 Hougang Street 22 has 17 recorded HDB resale transactions since 2017. Latest sale: $670,888 (May 2026, 5 room, floors 04–06). Median $3,909/sqm. Prices up 39.6% over the past five years. Built 1984, 57 years lease remaining.

Latest Sale
$670,888
May 2026 · 5 ROOM · Floor 04-06
Median $/sqm
$3,909
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +39.6%
Median price change
Median Price ?
Top 56%
#325 / 580 Top 56%
Latest Sale ?
Top 39%
#228 / 580 Top 39%
Value ($/sqm) ?
Top 97%
#565 / 580 Top 97%
5-Year Growth ?
Top 43%
#169 / 395 Top 43%
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
+6.9%/yr
vs
Lease Decay
−0.56%/yr
Growth assumption
Based on this block’s +39.6% 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 8 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
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 245 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
May 2026 04 TO 06 5 ROOM 125 sqm $670,888 $5,367
May 2024 07 TO 09 5 ROOM 121 sqm $695,000 $5,744
Dec 2023 13 TO 15 5 ROOM 121 sqm $660,000 $5,455
Jun 2022 13 TO 15 5 ROOM 121 sqm $586,000 $4,843
Mar 2022 10 TO 12 5 ROOM 121 sqm $525,000 $4,339
May 2021 13 TO 15 5 ROOM 121 sqm $473,000 $3,909
Mar 2021 10 TO 12 5 ROOM 121 sqm $488,000 $4,033
Sep 2020 04 TO 06 5 ROOM 125 sqm $450,000 $3,600
Sep 2020 13 TO 15 5 ROOM 121 sqm $478,000 $3,950
Jun 2020 04 TO 06 5 ROOM 121 sqm $420,000 $3,471
Dec 2019 13 TO 15 4 ROOM 98 sqm $345,000 $3,520
Dec 2019 13 TO 15 5 ROOM 123 sqm $520,000 $4,228
Nov 2019 07 TO 09 5 ROOM 121 sqm $435,000 $3,595
Mar 2019 04 TO 06 5 ROOM 121 sqm $436,000 $3,603
Oct 2018 10 TO 12 5 ROOM 121 sqm $428,000 $3,537
Oct 2018 13 TO 15 5 ROOM 123 sqm $440,000 $3,577
May 2018 04 TO 06 5 ROOM 121 sqm $422,000 $3,488
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 245 Hougang Street 22

Block 245 Hougang Street 22 in Hougang dates to 1984 and now has roughly 57 years of lease remaining, which makes lease decay the central consideration for buyers. Its $473,000 median tracks close to the Hougang town median. It has a relatively light resale record, with 17 transactions since 2017 across 4 room, 5 room flats priced from $345,000 to $695,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $670,888 in May 2026, and the median works out to $3,909/sqm. Higher floors carry a premium, with the 13 TO 15 band trading roughly 14% above the 04 TO 06 band. Over five years, prices here are up about 39.6%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 245 Hougang Street 22 worth?

The most recent resale transaction at Block 245 Hougang Street 22 was $670,888 for a 5 room flat in 2026-05. The median price per square metre across all flat types is $3,909, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 245 Hougang Street 22?

Block 245 Hougang Street 22 was built in 1984 and has approximately 57 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 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 245 Hougang Street 22?

Block 245 Hougang Street 22 in Hougang contains 4 room, 5 room flats. Resale prices range from $345,000 to $695,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 245 Hougang Street 22 gone up or down?

Resale prices at Block 245 Hougang Street 22 have increased by approximately 39.6% over the past five years. The current median price is $473,000, with the most recent sale at $670,888 in 2026-05.

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