Blk 238 Hougang Avenue 1 — HDB resale prices
HDB resale prices, Hougang · 4-Room, 5-Room · built 1983
median resale price, last 24 months
9 sales in that window · as of Sep 2026
How it compares
Blk 238 Hougang Avenue 1 is an HDB block in Hougang (completed in 1983, 13 storeys, 116 units). As of Sep 2026, its median resale price over the last 24 months is $915,000, about 46% above the Hougang median, from 9 sales. 130 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×22 · 5-room ×94
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,450/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~4.5% (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 14% of Hougang blocks with recent sales.
What the price model says
For a typical 5-room flat here, our price model estimates $842,473–$941,861 (central estimate $892,167). Recent sales — median $934,995 — 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 | $129,850 | $243,094 | 2 |
| 1991 | $175,000 | $316,725 | 4 |
| 1992 | $142,500 | $252,244 | 4 |
| 1993 | $260,000 | $449,927 | 9 |
| 1994 | $313,000 | $525,388 | 7 |
| 1995 | $355,500 | $586,607 | 6 |
| 1996 | $450,000 | $732,431 | 5 |
| 1997 | $450,000 | $717,910 | 5 |
| 1998 | $392,000 | $627,084 | 8 |
| 1999 | $375,000 | $599,747 | 7 |
| 2000 | $403,500 | $636,739 | 4 |
| 2001 | $402,000 | $628,008 | 2 |
| 2002 | $353,500 | $554,412 | 5 |
| 2003 | $349,000 | $544,696 | 4 |
| 2004 | $253,000 | $388,372 | 3 |
| 2005 | $299,000 | $456,824 | 2 |
| 2006 | $310,000 | $469,098 | 3 |
| 2007 | $355,000 | $526,092 | 7 |
| 2008 | $417,500 | $580,214 | 2 |
| 2009 | $446,000 | $616,197 | 2 |
| 2010 | $550,000 | $738,980 | 3 |
| 2011 | $581,500 | $742,319 | 2 |
| 2012 | $559,500 | $682,948 | 2 |
| 2013 | $661,000 | $788,212 | 1 |
| 2014 | $710,000 | $837,977 | 2 |
| 2015 | $719,000 | $853,059 | 2 |
| 2016 | $680,000 | $811,079 | 3 |
| 2017 | $720,000 | $853,864 | 1 |
| 2019 | $697,500 | $818,923 | 2 |
| 2020 | $705,000 | $829,156 | 3 |
| 2021 | $757,500 | $870,735 | 2 |
| 2022 | $881,888 | $955,155 | 1 |
| 2023 | $900,888 | $930,747 | 3 |
| 2024 | $968,000 | $976,741 | 5 |
| 2025 | $915,000 | $915,000 | 3 |
| 2026 | $937,500 | $937,500 | 4 |
Records
| Record sale | $988,000 (5-Room, 2024-08) |
|---|---|
| First recorded sale | $160,000 (1990-07) |
| Busiest year | 1993 · 9 sales |
| 10-year change (real) | +16% (+1.5%/yr, 2016→2026) |
| Total transacted | $59.8M across 130 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-07 | 5-Room | 10–12 | 136 m² | $975,000 |
| 2026-05 | 4-Room | 07–09 | 110 m² | $778,000 |
| 2026-01 | 5-Room | 04–06 | 136 m² | $970,000 |
| 2026-01 | 5-Room | 01–03 | 136 m² | $905,000 |
| 2025-10 | 5-Room | 07–09 | 136 m² | $975,000 |
| 2025-08 | 4-Room | 10–12 | 110 m² | $758,888 |
| 2025-05 | 5-Room | 01–03 | 138 m² | $915,000 |
| 2024-12 | 5-Room | 01–03 | 138 m² | $915,000 |
| 2024-11 | 5-Room | 07–09 | 138 m² | $975,000 |
| 2024-08 | 5-Room | 10–12 | 138 m² | $988,000 |
| 2024-07 | 5-Room | 04–06 | 138 m² | $968,000 |
| 2024-01 | 5-Room | 10–12 | 138 m² | $895,000 |
| 2023-11 | 5-Room | 01–03 | 138 m² | $900,888 |
| 2023-08 | 5-Room | 01–03 | 138 m² | $757,000 |
| 2023-07 | 5-Room | 10–12 | 138 m² | $905,000 |
| 2022-06 | 5-Room | 10–12 | 138 m² | $881,888 |
| 2021-12 | 5-Room | 04–06 | 136 m² | $790,000 |
| 2021-10 | 5-Room | 10–12 | 136 m² | $725,000 |
| 2020-12 | 5-Room | 10–12 | 138 m² | $705,000 |
| 2020-12 | 5-Room | 10–12 | 138 m² | $698,000 |
Hougang Avenue 1 blocks ranked by price
Showing the top 15 of 39 priced blocks.
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Quick answers
How much does a flat at Blk 238 Hougang Avenue 1 cost?
The median resale price over the last 24 months is $915,000 (9 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 238 Hougang Avenue 1 fairly priced?
For a typical 5-room flat here, our price model estimates $842,473–$941,861 (central estimate $892,167). Recent sales — median $934,995 — sit within that range.
What is the rent at Blk 238 Hougang Avenue 1?
The median monthly rent is $3,450/mo over the last 12 months (2 contracts).
How old is Blk 238 Hougang Avenue 1?
The block was completed in 1983 and its 99-year lease runs from 1984.