Blk 232 Hougang Avenue 1 — HDB resale prices
HDB resale prices, Hougang · 4-Room · built 1983
median resale price, last 24 months
7 sales in that window · as of Sep 2026
How it compares
Blk 232 Hougang Avenue 1 is an HDB block in Hougang (completed in 1983, 13 storeys, 124 units). As of Sep 2026, its median resale price over the last 24 months is $670,000, about 7% above the Hougang median, from 7 sales. 96 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×124
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,300/mo (7 rental contracts, last 12 months).
Estimated gross rental yield: ~5.9% (Hougang average: ~5.9%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 38% of Hougang blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $583,050–$651,833 (central estimate $617,441). Recent sales — median $618,000 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $110,000 | $205,932 | 3 |
| 1991 | $98,500 | $178,271 | 2 |
| 1992 | $97,750 | $173,031 | 4 |
| 1993 | $155,000 | $268,226 | 1 |
| 1994 | $205,000 | $344,104 | 6 |
| 1995 | $208,000 | $343,219 | 1 |
| 1996 | $307,500 | $500,495 | 4 |
| 1997 | $322,500 | $514,502 | 2 |
| 1998 | $275,500 | $440,719 | 6 |
| 1999 | $253,000 | $404,629 | 9 |
| 2000 | $291,940 | $460,693 | 4 |
| 2001 | $250,250 | $390,942 | 2 |
| 2002 | $226,250 | $354,839 | 4 |
| 2003 | $238,000 | $371,455 | 3 |
| 2004 | $252,500 | $387,604 | 6 |
| 2005 | $250,000 | $381,959 | 1 |
| 2006 | $258,000 | $390,411 | 2 |
| 2007 | $300,000 | $444,585 | 3 |
| 2009 | $353,000 | $487,708 | 2 |
| 2010 | $380,000 | $510,568 | 3 |
| 2012 | $500,000 | $610,320 | 1 |
| 2015 | $450,000 | $533,903 | 1 |
| 2016 | $516,500 | $616,062 | 2 |
| 2018 | $519,000 | $612,807 | 4 |
| 2019 | $485,000 | $569,430 | 2 |
| 2020 | $450,000 | $529,249 | 3 |
| 2022 | $570,000 | $617,356 | 1 |
| 2023 | $530,000 | $547,566 | 3 |
| 2024 | $625,000 | $630,644 | 4 |
| 2025 | $618,000 | $618,000 | 3 |
| 2026 | $672,500 | $672,500 | 4 |
Records
| Record sale | $705,000 (4-Room, 2025-04) |
|---|---|
| First recorded sale | $110,000 (1990-02) |
| Busiest year | 1999 · 9 sales |
| 10-year change (real) | +9% (+0.9%/yr, 2016→2026) |
| Total transacted | $32.1M across 96 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-09 | 4-Room | 10–12 | 104 m² | $690,000 |
| 2026-07 | 4-Room | 07–09 | 104 m² | $675,000 |
| 2026-07 | 4-Room | 10–12 | 104 m² | $670,000 |
| 2026-07 | 4-Room | 04–06 | 104 m² | $620,000 |
| 2025-05 | 4-Room | 07–09 | 104 m² | $500,000 |
| 2025-04 | 4-Room | 10–12 | 104 m² | $705,000 |
| 2025-02 | 4-Room | 01–03 | 104 m² | $618,000 |
| 2024-06 | 4-Room | 07–09 | 111 m² | $668,000 |
| 2024-06 | 4-Room | 07–09 | 104 m² | $600,000 |
| 2024-05 | 4-Room | 13–15 | 104 m² | $650,000 |
| 2024-04 | 4-Room | 07–09 | 104 m² | $575,000 |
| 2023-08 | 4-Room | 01–03 | 104 m² | $530,000 |
| 2023-07 | 4-Room | 13–15 | 104 m² | $590,000 |
| 2023-02 | 4-Room | 01–03 | 104 m² | $460,000 |
| 2022-07 | 4-Room | 13–15 | 104 m² | $570,000 |
| 2020-12 | 4-Room | 10–12 | 104 m² | $500,000 |
| 2020-12 | 4-Room | 04–06 | 104 m² | $440,000 |
| 2020-01 | 4-Room | 04–06 | 104 m² | $450,000 |
| 2019-12 | 4-Room | 13–15 | 104 m² | $490,000 |
| 2019-02 | 4-Room | 04–06 | 104 m² | $480,000 |
Hougang Avenue 1 blocks ranked by price
Showing the top 15 of 39 priced blocks.
More blocks on Hougang Avenue 1
Quick answers
How much does a flat at Blk 232 Hougang Avenue 1 cost?
The median resale price over the last 24 months is $670,000 (7 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 232 Hougang Avenue 1 fairly priced?
For a typical 4-room flat here, our price model estimates $583,050–$651,833 (central estimate $617,441). Recent sales — median $618,000 — sit within that range.
What is the rent at Blk 232 Hougang Avenue 1?
The median monthly rent is $3,300/mo over the last 12 months (7 contracts).
How old is Blk 232 Hougang Avenue 1?
The block was completed in 1983 and its 99-year lease runs from 1984.