Blk 706 Hougang Ave 2 is an HDB block in Hougang (completed in 1984, 10 storeys, 112 units). As of Jul 2026, its median resale price over the last 24 months is $530,444, about 6% below the Hougang median, from 6 sales. 132 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 | 112 |
| Unit mix (sold) | 4-room ×112 |
| Recorded resales | 132 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $530,444 | $5,829/m² | 6 |
Median monthly rent at this block: $2,600/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~5.9% (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 84% of Hougang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $501,381–$560,866 (central estimate $531,124). Recent sales — median $526,000 — 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 | $82,500 | $154,449 | 2 |
| 1991 | $68,000 | $123,070 | 4 |
| 1992 | $87,500 | $154,887 | 4 |
| 1993 | $115,500 | $199,871 | 8 |
| 1994 | $205,000 | $344,104 | 4 |
| 1995 | $224,000 | $369,620 | 5 |
| 1996 | $295,500 | $480,963 | 4 |
| 1997 | $292,000 | $465,844 | 4 |
| 1998 | $240,000 | $383,929 | 8 |
| 1999 | $220,000 | $351,851 | 14 |
| 2000 | $223,500 | $352,692 | 6 |
| 2001 | $209,500 | $327,283 | 8 |
| 2002 | $184,500 | $289,361 | 8 |
| 2003 | $187,000 | $291,857 | 5 |
| 2004 | $191,500 | $293,965 | 2 |
| 2005 | $211,000 | $322,374 | 6 |
| 2006 | $201,000 | $304,157 | 4 |
| 2007 | $201,000 | $297,872 | 2 |
| 2008 | $255,500 | $355,077 | 2 |
| 2009 | $272,000 | $375,797 | 3 |
| 2010 | $337,000 | $452,793 | 3 |
| 2011 | $374,500 | $478,071 | 2 |
| 2012 | $423,000 | $516,331 | 1 |
| 2013 | $395,000 | $471,019 | 3 |
| 2015 | $400,000 | $474,581 | 2 |
| 2016 | $330,000 | $393,612 | 1 |
| 2017 | $341,944 | $405,519 | 2 |
| 2018 | $340,000 | $401,454 | 1 |
| 2019 | $330,000 | $387,447 | 2 |
| 2020 | $310,000 | $364,593 | 3 |
| 2022 | $429,700 | $465,400 | 1 |
| 2023 | $475,000 | $490,743 | 1 |
| 2024 | $516,000 | $520,659 | 1 |
| 2025 | $546,400 | $546,400 | 4 |
| 2026 | $530,444 | $530,444 | 2 |
| Record sale | $575,000 (4-Room, 2025-10) |
|---|---|
| First recorded sale | $65,000 (1990-07) |
| Busiest year | 1999 · 14 sales |
| 10-year change (real) | +35% (+3.0%/yr, 2016→2026) |
| Total transacted | $32.4M across 132 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 4-Room | 04 TO 06 | 91 | $530,888 |
| 2026-03 | 4-Room | 01 TO 03 | 91 | $530,000 |
| 2025-10 | 4-Room | 04 TO 06 | 91 | $575,000 |
| 2025-08 | 4-Room | 01 TO 03 | 91 | $526,000 |
| 2025-04 | 4-Room | 01 TO 03 | 94 | $566,800 |
| 2025-01 | 4-Room | 04 TO 06 | 91 | $525,000 |
| 2024-05 | 4-Room | 01 TO 03 | 97 | $516,000 |
| 2023-03 | 4-Room | 01 TO 03 | 94 | $475,000 |
| 2022-03 | 4-Room | 10 TO 12 | 94 | $429,700 |
| 2020-12 | 4-Room | 10 TO 12 | 94 | $366,000 |
| 2020-10 | 4-Room | 04 TO 06 | 91 | $310,000 |
| 2020-01 | 4-Room | 01 TO 03 | 91 | $309,000 |
| 2019-05 | 4-Room | 01 TO 03 | 94 | $310,000 |
| 2019-02 | 4-Room | 07 TO 09 | 93 | $350,000 |
| 2018-11 | 4-Room | 04 TO 06 | 91 | $340,000 |
| 2017-12 | 4-Room | 07 TO 09 | 93 | $328,888 |
| 2017-05 | 4-Room | 07 TO 09 | 91 | $355,000 |
| 2016-03 | 4-Room | 01 TO 03 | 97 | $330,000 |
| 2015-06 | 4-Room | 01 TO 03 | 91 | $420,000 |
| 2015-03 | 4-Room | 07 TO 09 | 91 | $380,000 |
| 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 $530,444 (6 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 $501,381–$560,866 (central estimate $531,124). Recent sales — median $526,000 — sit within that range.
The median monthly rent is $2,600/mo over the last 12 months (1 contracts).
The block was completed in 1984 and its 99-year lease runs from 1985.