Blk 232 Hougang Ave 1 is an HDB block in Hougang (completed in 1983, 13 storeys, 124 units). As of Jul 2026, its median resale price over the last 24 months is $618,000, about 9% above the Hougang median, from 3 sales. 92 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1983 |
| Lease from | 1984 |
| Storeys | 13 |
| Dwelling units | 124 |
| Unit mix (sold) | 4-room ×124 |
| Recorded resales | 92 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $618,000 | $5,942/m² | 3 |
Median monthly rent at this block: $3,500/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~6.8% (Hougang average: ~6.4%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 77% of Hougang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $577,973–$646,546 (central estimate $612,260). Recent sales — median $609,555 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| 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 |
| Record sale | $705,000 (4-Room, 2025-04) |
|---|---|
| First recorded sale | $110,000 (1990-02) |
| Busiest year | 1999 · 9 sales |
| 10-year change (real) | +16% (+1.5%/yr, 2015→2025) |
| Total transacted | $29.4M across 92 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-05 | 4-Room | 07 TO 09 | 104 | $500,000 |
| 2025-04 | 4-Room | 10 TO 12 | 104 | $705,000 |
| 2025-02 | 4-Room | 01 TO 03 | 104 | $618,000 |
| 2024-06 | 4-Room | 07 TO 09 | 104 | $600,000 |
| 2024-06 | 4-Room | 07 TO 09 | 111 | $668,000 |
| 2024-05 | 4-Room | 13 TO 15 | 104 | $650,000 |
| 2024-04 | 4-Room | 07 TO 09 | 104 | $575,000 |
| 2023-08 | 4-Room | 01 TO 03 | 104 | $530,000 |
| 2023-07 | 4-Room | 13 TO 15 | 104 | $590,000 |
| 2023-02 | 4-Room | 01 TO 03 | 104 | $460,000 |
| 2022-07 | 4-Room | 13 TO 15 | 104 | $570,000 |
| 2020-12 | 4-Room | 10 TO 12 | 104 | $500,000 |
| 2020-12 | 4-Room | 04 TO 06 | 104 | $440,000 |
| 2020-01 | 4-Room | 04 TO 06 | 104 | $450,000 |
| 2019-12 | 4-Room | 13 TO 15 | 104 | $490,000 |
| 2019-02 | 4-Room | 04 TO 06 | 104 | $480,000 |
| 2018-08 | 4-Room | 01 TO 03 | 110 | $403,000 |
| 2018-08 | 4-Room | 07 TO 09 | 104 | $520,000 |
| 2018-03 | 4-Room | 07 TO 09 | 104 | $518,000 |
| 2018-03 | 4-Room | 10 TO 12 | 104 | $538,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 230 | $1,018,000 | $7,169/m² |
| 2. Blk 111 | $1,010,000 | $7,184/m² |
| 3. Blk 238 | $915,000 | $7,065/m² |
| 4. Blk 234 | $789,444 | $6,385/m² |
| 5. Blk 167 | $763,888 | $6,341/m² |
| 6. Blk 171 | $670,000 | $5,979/m² |
| 7. Blk 103 | $668,000 | $5,833/m² |
| 8. Blk 168 | $665,000 | $6,650/m² |
| 9. Blk 169 | $656,888 | $6,364/m² |
| 10. Blk 173 | $652,500 | $5,835/m² |
| 11. Blk 166 | $650,000 | $6,436/m² |
| 12. Blk 236 | $630,000 | $6,058/m² |
| 13. Blk 170 | $619,000 | $6,129/m² |
| 14. Blk 232 | $618,000 | $5,942/m² |
| 15. Blk 172 | $615,000 | $6,089/m² |
Showing the top 15 of 37 blocks.
The median resale price over the last 24 months is $618,000 (3 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $577,973–$646,546 (central estimate $612,260). Recent sales — median $609,555 — sit within that range.
The median monthly rent is $3,500/mo over the last 12 months (5 contracts).
The block was completed in 1983 and its 99-year lease runs from 1984.