Blk 248 Hougang Avenue 3 — HDB resale prices
HDB resale prices, Hougang · 3-Room, 4-Room · built 1984
median resale price, last 24 months
6 sales in that window · as of Sep 2026
How it compares
Blk 248 Hougang Avenue 3 is an HDB block in Hougang (completed in 1984, 12 storeys, 181 units). As of Sep 2026, its median resale price over the last 24 months is $425,000, about 32% below the Hougang median, from 6 sales. 237 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×113 · 4-room ×67 · 5-room ×1
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,600/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~7.3% (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 50% of Hougang blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $364,370–$407,355 (central estimate $385,862). Recent sales — median $410,567 — sit above 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 | $48,000 | $89,861 | 14 |
| 1991 | $50,000 | $90,493 | 9 |
| 1992 | $52,000 | $92,047 | 7 |
| 1993 | $84,500 | $146,226 | 2 |
| 1994 | $88,000 | $147,713 | 10 |
| 1995 | $157,500 | $259,889 | 12 |
| 1996 | $171,000 | $278,324 | 10 |
| 1997 | $195,000 | $311,094 | 11 |
| 1998 | $166,000 | $265,551 | 15 |
| 1999 | $152,500 | $243,897 | 17 |
| 2000 | $157,000 | $247,752 | 9 |
| 2001 | $135,000 | $210,898 | 14 |
| 2002 | $125,250 | $196,436 | 12 |
| 2003 | $153,000 | $238,792 | 7 |
| 2004 | $176,750 | $271,323 | 6 |
| 2005 | $160,000 | $244,454 | 4 |
| 2006 | $157,500 | $238,332 | 8 |
| 2007 | $158,000 | $234,148 | 3 |
| 2008 | $202,400 | $281,282 | 6 |
| 2009 | $241,500 | $333,658 | 4 |
| 2010 | $252,500 | $339,259 | 4 |
| 2011 | $304,400 | $388,584 | 4 |
| 2012 | $334,444 | $408,236 | 4 |
| 2013 | $345,000 | $411,396 | 5 |
| 2014 | $331,000 | $390,662 | 5 |
| 2015 | $288,000 | $341,698 | 2 |
| 2016 | $312,500 | $372,739 | 4 |
| 2017 | $368,000 | $436,419 | 1 |
| 2018 | $309,400 | $365,323 | 6 |
| 2019 | $279,000 | $327,569 | 2 |
| 2020 | $302,500 | $355,773 | 4 |
| 2021 | $309,000 | $355,191 | 2 |
| 2022 | $352,000 | $381,244 | 1 |
| 2023 | $390,000 | $402,926 | 3 |
| 2024 | $398,750 | $402,351 | 4 |
| 2025 | $425,000 | $425,000 | 3 |
| 2026 | $425,000 | $425,000 | 3 |
Records
| Record sale | $560,000 (4-Room, 2025-06) |
|---|---|
| First recorded sale | $39,000 (1990-01) |
| Busiest year | 1999 · 17 sales |
| 10-year change (real) | +14% (+1.3%/yr, 2016→2026) |
| Total transacted | $46.1M across 237 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 10–12 | 67 m² | $435,000 |
| 2026-06 | 3-Room | 07–09 | 67 m² | $418,888 |
| 2026-04 | 3-Room | 04–06 | 67 m² | $425,000 |
| 2025-11 | 3-Room | 04–06 | 67 m² | $415,000 |
| 2025-06 | 4-Room | 07–09 | 93 m² | $560,000 |
| 2025-05 | 3-Room | 04–06 | 67 m² | $425,000 |
| 2024-10 | 3-Room | 01–03 | 71 m² | $420,000 |
| 2024-01 | 3-Room | 04–06 | 67 m² | $402,500 |
| 2024-01 | 3-Room | 04–06 | 67 m² | $395,000 |
| 2024-01 | 3-Room | 01–03 | 72 m² | $358,000 |
| 2023-11 | 3-Room | 04–06 | 67 m² | $385,000 |
| 2023-10 | 3-Room | 04–06 | 67 m² | $390,000 |
| 2023-08 | 4-Room | 10–12 | 93 m² | $485,000 |
| 2022-10 | 3-Room | 01–03 | 67 m² | $352,000 |
| 2021-07 | 3-Room | 07–09 | 67 m² | $312,000 |
| 2021-04 | 3-Room | 10–12 | 67 m² | $306,000 |
| 2020-12 | 3-Room | 04–06 | 67 m² | $280,000 |
| 2020-08 | 4-Room | 01–03 | 95 m² | $315,000 |
| 2020-07 | 3-Room | 01–03 | 72 m² | $290,000 |
| 2020-01 | 4-Room | 07–09 | 93 m² | $365,000 |
Hougang Avenue 3 blocks ranked by price
Showing the top 15 of 21 priced blocks.
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Quick answers
How much does a flat at Blk 248 Hougang Avenue 3 cost?
The median resale price over the last 24 months is $425,000 (6 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 248 Hougang Avenue 3 fairly priced?
For a typical 3-room flat here, our price model estimates $364,370–$407,355 (central estimate $385,862). Recent sales — median $410,567 — sit above that range.
What is the rent at Blk 248 Hougang Avenue 3?
The median monthly rent is $2,600/mo over the last 12 months (5 contracts).
How old is Blk 248 Hougang Avenue 3?
The block was completed in 1984 and its 99-year lease runs from 1984.