Blk 248 Hougang Ave 3 is an HDB block in Hougang (completed in 1984, 12 storeys, 181 units). As of Jul 2026, its median resale price over the last 24 months is $425,000, about 25% below the Hougang median, from 7 sales. 237 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1984 |
| Lease from | 1984 |
| Storeys | 12 |
| Dwelling units | 181 |
| Unit mix (sold) | 3-room ×113 · 4-room ×67 · 5-room ×1 |
| Recorded resales | 237 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $422,500 | $6,298/m² | 6 |
| 4-Room | $560,000 | $6,022/m² | 1 |
Median monthly rent at this block: $2,800/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~7.9% (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 53% of Hougang blocks with recent sales.
For a typical 3-room flat here, our price model estimates $364,038–$407,229 (central estimate $385,634). 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.
| 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 |
| 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 |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 07 TO 09 | 67 | $418,888 |
| 2026-06 | 3-Room | 10 TO 12 | 67 | $435,000 |
| 2026-04 | 3-Room | 04 TO 06 | 67 | $425,000 |
| 2025-11 | 3-Room | 04 TO 06 | 67 | $415,000 |
| 2025-06 | 4-Room | 07 TO 09 | 93 | $560,000 |
| 2025-05 | 3-Room | 04 TO 06 | 67 | $425,000 |
| 2024-10 | 3-Room | 01 TO 03 | 71 | $420,000 |
| 2024-01 | 3-Room | 01 TO 03 | 72 | $358,000 |
| 2024-01 | 3-Room | 04 TO 06 | 67 | $395,000 |
| 2024-01 | 3-Room | 04 TO 06 | 67 | $402,500 |
| 2023-11 | 3-Room | 04 TO 06 | 67 | $385,000 |
| 2023-10 | 3-Room | 04 TO 06 | 67 | $390,000 |
| 2023-08 | 4-Room | 10 TO 12 | 93 | $485,000 |
| 2022-10 | 3-Room | 01 TO 03 | 67 | $352,000 |
| 2021-07 | 3-Room | 07 TO 09 | 67 | $312,000 |
| 2021-04 | 3-Room | 10 TO 12 | 67 | $306,000 |
| 2020-12 | 3-Room | 04 TO 06 | 67 | $280,000 |
| 2020-08 | 4-Room | 01 TO 03 | 95 | $315,000 |
| 2020-07 | 3-Room | 01 TO 03 | 72 | $290,000 |
| 2020-01 | 4-Room | 07 TO 09 | 93 | $365,000 |
| 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 $425,000 (7 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 $364,038–$407,229 (central estimate $385,634). Recent sales — median $410,567 — sit above that range.
The median monthly rent is $2,800/mo over the last 12 months (3 contracts).
The block was completed in 1984 and its 99-year lease runs from 1984.