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Blk 23 Hougang Avenue 3 — HDB resale prices

HDB resale prices, Hougang · 3-Room · built 1977

$421,500

median resale price, last 24 months
10 sales in that window · as of Sep 2026

Dearer than 25% of the 21 priced blocks on Hougang Avenue 3p25

How it compares

This block$421,500Hougang Avenue 3 median$453,750Hougang median$628,500

Blk 23 Hougang Avenue 3 is an HDB block in Hougang (completed in 1977, 12 storeys, 196 units). As of Sep 2026, its median resale price over the last 24 months is $421,500, about 33% below the Hougang median, from 10 sales. 234 resale transactions have been recorded here since 1990.

Price by year

1990 · $42,0001990: $42,0001991 · $43,5001991: $43,5001992 · $50,0001992: $50,0001993 · $71,5001993: $71,5001994 · $92,0001994: $92,0001995 · $115,5001995: $115,5001996 · $163,2501996: $163,2501997 · $189,0001997: $189,0001998 · $150,0001998: $150,0001999 · $146,0001999: $146,0002000 · $164,0002000: $164,0002001 · $148,0002001: $148,0002002 · $140,7502002: $140,7502003 · $168,0002003: $168,0002004 · $176,0002004: $176,0002005 · $158,0002005: $158,0002006 · $180,0002006: $180,0002007 · $181,0002007: $181,0002008 · $238,0002008: $238,0002009 · $239,5002009: $239,5002010 · $296,0002010: $296,0002011 · $332,0002011: $332,0002012 · $356,0002012: $356,0002013 · $360,0002013: $360,0002014 · $400,0002014: $400,0002015 · $320,0002015: $320,0002017 · $302,5002017: $302,5002018 · $275,0002018: $275,0002019 · $295,0002019: $295,0002020 · $289,0002020: $289,0002022 · $360,0002022: $360,0002023 · $387,0002023: $387,0002025 · $418,0002025: $418,0002026 · $425,0002026: $425,00019902026

At a glance

1977built
1978lease from
12storeys
196dwelling units
$5,740/m²median $/m²
234resales since 1990

Unit mix (sold): 3-room ×172 · 4-room ×22 · 5-room ×1 · exec ×1

Prices by flat type — last 24 months (as of Sep 2026)

3-Room$421,500$5,740/m² · 10 sales

Median monthly rent at this block: $2,300/mo (9 rental contracts, last 12 months).

Estimated gross rental yield: ~6.5% (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 88% of Hougang blocks with recent sales.

What the price model says

For a typical 3-room flat here, our price model estimates $389,474–$435,421 (central estimate $412,447). Recent sales — median $415,000 — 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

YearMedian (nominal)Median (today's $)Sales
1990$42,000$78,62911
1991$43,500$78,72913
1992$50,000$88,5079
1993$71,500$123,7304
1994$92,000$154,4277
1995$115,500$190,5854
1996$163,250$265,7104
1997$189,000$301,5224
1998$150,000$239,95617
1999$146,000$233,50119
2000$164,000$258,79814
2001$148,000$231,20710
2002$140,750$220,7458
2003$168,000$262,2037
2004$176,000$270,17215
2005$158,000$241,3983
2006$180,000$272,38010
2007$181,000$268,2335
2008$238,000$330,7573
2009$239,500$330,8952
2010$296,000$397,7068
2011$332,000$423,8177
2012$356,000$434,5485
2013$360,000$429,2832
2014$400,000$472,0993
2015$320,000$379,6653
2017$302,500$358,7414
2018$275,000$324,7053
2019$295,000$346,3545
2020$289,000$339,8956
2022$360,000$389,9095
2023$387,000$399,8274
2025$418,000$418,0005
2026$425,000$425,0005

Records

Record sale$628,000 (Executive, 2020-06)
First recorded sale$44,000 (1990-02)
Busiest year1999 · 19 sales
Total transacted$46.3M across 234 sales

Recent resale transactions

MonthFlat typeStoreyAreaPrice
2026-093-Room07–0973 m²$370,000
2026-083-Room07–0973 m²$423,000
2026-063-Room10–1273 m²$425,000
2026-023-Room10–1288 m²$450,000
2026-023-Room10–1273 m²$430,000
2025-123-Room01–0373 m²$418,000
2025-083-Room10–1273 m²$430,000
2025-083-Room01–0373 m²$415,000
2025-063-Room01–0373 m²$410,000
2025-043-Room07–0973 m²$420,000
2023-113-Room01–0373 m²$369,000
2023-074-Room07–0998 m²$440,888
2023-073-Room07–0973 m²$405,000
2023-023-Room10–1273 m²$368,888
2022-113-Room01–0373 m²$360,000
2022-083-Room01–0373 m²$333,888
2022-073-Room04–0673 m²$360,000
2022-053-Room04–0673 m²$350,000
2022-014-Room01–0398 m²$400,000
2020-123-Room10–1273 m²$308,000

Hougang Avenue 3 blocks ranked by price

Showing the top 15 of 21 priced blocks.

More blocks on Hougang Avenue 3

Quick answers

How much does a flat at Blk 23 Hougang Avenue 3 cost?

The median resale price over the last 24 months is $421,500 (10 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 23 Hougang Avenue 3 fairly priced?

For a typical 3-room flat here, our price model estimates $389,474–$435,421 (central estimate $412,447). Recent sales — median $415,000 — sit within that range.

What is the rent at Blk 23 Hougang Avenue 3?

The median monthly rent is $2,300/mo over the last 12 months (9 contracts).

How old is Blk 23 Hougang Avenue 3?

The block was completed in 1977 and its 99-year lease runs from 1978.

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