Blk 23 Hougang Ave 3 is an HDB block in Hougang (completed in 1977, 12 storeys, 196 units). As of Jul 2026, its median resale price over the last 24 months is $422,500, about 25% below the Hougang median, from 8 sales. 232 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1977 |
| Lease from | 1978 |
| Storeys | 12 |
| Dwelling units | 196 |
| Unit mix (sold) | 3-room ×172 · 4-room ×22 · 5-room ×1 · exec ×1 |
| Recorded resales | 232 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $422,500 | $5,740/m² | 8 |
Median monthly rent at this block: $2,375/mo (14 rental contracts, last 12 months).
Estimated gross rental yield: ~6.7% (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 89% of Hougang blocks with recent sales.
For a typical 3-room flat here, our price model estimates $381,759–$427,053 (central estimate $404,406). 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.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $42,000 | $78,629 | 11 |
| 1991 | $43,500 | $78,729 | 13 |
| 1992 | $50,000 | $88,507 | 9 |
| 1993 | $71,500 | $123,730 | 4 |
| 1994 | $92,000 | $154,427 | 7 |
| 1995 | $115,500 | $190,585 | 4 |
| 1996 | $163,250 | $265,710 | 4 |
| 1997 | $189,000 | $301,522 | 4 |
| 1998 | $150,000 | $239,956 | 17 |
| 1999 | $146,000 | $233,501 | 19 |
| 2000 | $164,000 | $258,798 | 14 |
| 2001 | $148,000 | $231,207 | 10 |
| 2002 | $140,750 | $220,745 | 8 |
| 2003 | $168,000 | $262,203 | 7 |
| 2004 | $176,000 | $270,172 | 15 |
| 2005 | $158,000 | $241,398 | 3 |
| 2006 | $180,000 | $272,380 | 10 |
| 2007 | $181,000 | $268,233 | 5 |
| 2008 | $238,000 | $330,757 | 3 |
| 2009 | $239,500 | $330,895 | 2 |
| 2010 | $296,000 | $397,706 | 8 |
| 2011 | $332,000 | $423,817 | 7 |
| 2012 | $356,000 | $434,548 | 5 |
| 2013 | $360,000 | $429,283 | 2 |
| 2014 | $400,000 | $472,099 | 3 |
| 2015 | $320,000 | $379,665 | 3 |
| 2017 | $302,500 | $358,741 | 4 |
| 2018 | $275,000 | $324,705 | 3 |
| 2019 | $295,000 | $346,354 | 5 |
| 2020 | $289,000 | $339,895 | 6 |
| 2022 | $360,000 | $389,909 | 5 |
| 2023 | $387,000 | $399,827 | 4 |
| 2025 | $418,000 | $418,000 | 5 |
| 2026 | $430,000 | $430,000 | 3 |
| Record sale | $628,000 (Executive, 2020-06) |
|---|---|
| First recorded sale | $44,000 (1990-02) |
| Busiest year | 1999 · 19 sales |
| Total transacted | $45.5M across 232 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 10 TO 12 | 73 | $425,000 |
| 2026-02 | 3-Room | 10 TO 12 | 88 | $450,000 |
| 2026-02 | 3-Room | 10 TO 12 | 73 | $430,000 |
| 2025-12 | 3-Room | 01 TO 03 | 73 | $418,000 |
| 2025-08 | 3-Room | 10 TO 12 | 73 | $430,000 |
| 2025-08 | 3-Room | 01 TO 03 | 73 | $415,000 |
| 2025-06 | 3-Room | 01 TO 03 | 73 | $410,000 |
| 2025-04 | 3-Room | 07 TO 09 | 73 | $420,000 |
| 2023-11 | 3-Room | 01 TO 03 | 73 | $369,000 |
| 2023-07 | 3-Room | 07 TO 09 | 73 | $405,000 |
| 2023-07 | 4-Room | 07 TO 09 | 98 | $440,888 |
| 2023-02 | 3-Room | 10 TO 12 | 73 | $368,888 |
| 2022-11 | 3-Room | 01 TO 03 | 73 | $360,000 |
| 2022-08 | 3-Room | 01 TO 03 | 73 | $333,888 |
| 2022-07 | 3-Room | 04 TO 06 | 73 | $360,000 |
| 2022-05 | 3-Room | 04 TO 06 | 73 | $350,000 |
| 2022-01 | 4-Room | 01 TO 03 | 98 | $400,000 |
| 2020-12 | 3-Room | 10 TO 12 | 73 | $308,000 |
| 2020-12 | 3-Room | 04 TO 06 | 73 | $265,000 |
| 2020-10 | 3-Room | 07 TO 09 | 73 | $283,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 249 | $670,000 | $5,537/m² |
| 2. Blk 251 | $656,444 | $5,425/m² |
| 3. Blk 16 | $645,000 | $5,321/m² |
| 4. Blk 253 | $525,000 | $5,591/m² |
| 5. Blk 21 | $502,944 | $5,224/m² |
| 6. Blk 252 | $500,888 | $6,237/m² |
| 7. Blk 18 | $500,000 | $5,435/m² |
| 8. Blk 19 | $457,500 | $5,386/m² |
| 9. Blk 15 | $455,000 | $5,549/m² |
| 10. Blk 247 | $455,000 | $6,754/m² |
| 11. Blk 250 | $440,000 | $6,567/m² |
| 12. Blk 254 | $432,800 | $6,460/m² |
| 13. Blk 22 | $430,000 | $5,760/m² |
| 14. Blk 20 | $427,500 | $5,651/m² |
| 15. Blk 17 | $425,444 | $5,719/m² |
Showing the top 15 of 22 blocks.
The median resale price over the last 24 months is $422,500 (8 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $381,759–$427,053 (central estimate $404,406). Recent sales — median $415,000 — sit within that range.
The median monthly rent is $2,375/mo over the last 12 months (14 contracts).
The block was completed in 1977 and its 99-year lease runs from 1978.