Blk 701 Hougang Ave 2 is an HDB block in Hougang (completed in 1984, 10 storeys, 158 units). As of Jul 2026, its median resale price over the last 24 months is $545,000, about 4% below the Hougang median, from 4 sales. 175 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1984 |
| Lease from | 1985 |
| Storeys | 10 |
| Dwelling units | 158 |
| Unit mix (sold) | 3-room ×47 · 4-room ×111 |
| Recorded resales | 175 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $420,000 | $6,269/m² | 1 |
| 4-Room | $560,000 | $5,833/m² | 3 |
Median monthly rent at this block: $2,900/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~6.4% (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 68% of Hougang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $484,060–$541,491 (central estimate $512,775). Recent sales — median $523,687 — 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 | $47,000 | $87,989 | 1 |
| 1991 | $80,500 | $145,693 | 4 |
| 1992 | $67,000 | $118,599 | 4 |
| 1993 | $102,500 | $177,375 | 8 |
| 1994 | $107,000 | $179,605 | 3 |
| 1995 | $108,000 | $178,210 | 3 |
| 1996 | $288,000 | $468,756 | 7 |
| 1997 | $268,500 | $428,353 | 6 |
| 1998 | $230,000 | $367,932 | 13 |
| 1999 | $218,000 | $348,653 | 18 |
| 2000 | $222,000 | $350,325 | 10 |
| 2001 | $193,000 | $301,506 | 5 |
| 2002 | $181,500 | $284,656 | 8 |
| 2003 | $130,250 | $203,286 | 2 |
| 2004 | $169,000 | $259,426 | 7 |
| 2005 | $190,000 | $290,289 | 3 |
| 2006 | $186,000 | $281,459 | 5 |
| 2007 | $195,000 | $288,980 | 5 |
| 2008 | $230,000 | $319,639 | 6 |
| 2009 | $260,000 | $359,218 | 3 |
| 2010 | $280,000 | $376,208 | 3 |
| 2011 | $305,000 | $389,350 | 5 |
| 2012 | $396,000 | $483,374 | 2 |
| 2013 | $425,000 | $506,793 | 3 |
| 2014 | $320,000 | $377,680 | 1 |
| 2015 | $287,500 | $341,105 | 2 |
| 2016 | $350,000 | $417,467 | 5 |
| 2017 | $360,000 | $426,932 | 7 |
| 2018 | $245,000 | $289,283 | 1 |
| 2019 | $280,000 | $328,743 | 2 |
| 2020 | $361,500 | $425,163 | 4 |
| 2021 | $370,000 | $425,310 | 7 |
| 2022 | $401,500 | $434,857 | 2 |
| 2023 | $516,000 | $533,102 | 3 |
| 2024 | $519,000 | $523,687 | 4 |
| 2025 | $560,000 | $560,000 | 1 |
| 2026 | $513,444 | $513,444 | 2 |
| Record sale | $606,888 (4-Room, 2026-05) |
|---|---|
| First recorded sale | $47,000 (1990-07) |
| Busiest year | 1999 · 18 sales |
| 10-year change (real) | +23% (+2.1%/yr, 2016→2026) |
| Total transacted | $42.4M across 175 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-05 | 3-Room | 01 TO 03 | 67 | $420,000 |
| 2026-05 | 4-Room | 04 TO 06 | 93 | $606,888 |
| 2025-05 | 4-Room | 04 TO 06 | 96 | $560,000 |
| 2024-10 | 4-Room | 01 TO 03 | 93 | $530,000 |
| 2024-04 | 4-Room | 04 TO 06 | 96 | $510,000 |
| 2024-04 | 4-Room | 04 TO 06 | 91 | $528,000 |
| 2024-02 | 3-Room | 07 TO 09 | 80 | $415,000 |
| 2023-12 | 4-Room | 10 TO 12 | 93 | $516,000 |
| 2023-07 | 4-Room | 01 TO 03 | 93 | $480,000 |
| 2023-05 | 4-Room | 01 TO 03 | 101 | $560,000 |
| 2022-08 | 4-Room | 07 TO 09 | 91 | $438,000 |
| 2022-07 | 3-Room | 07 TO 09 | 71 | $365,000 |
| 2021-11 | 4-Room | 01 TO 03 | 99 | $414,500 |
| 2021-08 | 4-Room | 04 TO 06 | 91 | $350,000 |
| 2021-08 | 4-Room | 04 TO 06 | 91 | $380,000 |
| 2021-07 | 3-Room | 07 TO 09 | 67 | $320,000 |
| 2021-07 | 4-Room | 07 TO 09 | 91 | $374,000 |
| 2021-03 | 4-Room | 01 TO 03 | 93 | $370,000 |
| 2021-02 | 4-Room | 07 TO 09 | 91 | $363,000 |
| 2020-11 | 4-Room | 07 TO 09 | 91 | $368,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 705 | $1,020,000 | $6,892/m² |
| 2. Blk 712 | $955,000 | $6,278/m² |
| 3. Blk 710 | $711,500 | $5,684/m² |
| 4. Blk 707 | $704,000 | $5,905/m² |
| 5. Blk 709 | $588,000 | $6,462/m² |
| 6. Blk 711 | $552,500 | $6,064/m² |
| 7. Blk 708 | $551,000 | $6,055/m² |
| 8. Blk 701 | $545,000 | $6,051/m² |
| 9. Blk 706 | $530,444 | $5,829/m² |
| 10. Blk 704 | $507,500 | $6,139/m² |
| 11. Blk 702 | $463,500 | $6,269/m² |
| 12. Blk 703 | $453,000 | $6,418/m² |
The median resale price over the last 24 months is $545,000 (4 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 $484,060–$541,491 (central estimate $512,775). Recent sales — median $523,687 — sit within that range.
The median monthly rent is $2,900/mo over the last 12 months (3 contracts).
The block was completed in 1984 and its 99-year lease runs from 1985.