Blk 324 Hougang Ave 5 is an HDB block in Hougang (completed in 1982, 13 storeys, 120 units). As of Jul 2026, its median resale price over the last 24 months is $625,000, about 11% above the Hougang median, from 3 sales. 126 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Hougang |
|---|---|
| Completed | 1982 |
| Lease from | 1983 |
| Storeys | 13 |
| Dwelling units | 120 |
| Unit mix (sold) | 4-room ×120 |
| Recorded resales | 126 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $625,000 | $6,010/m² | 3 |
Median monthly rent at this block: $3,600/mo (7 rental contracts, last 12 months).
Estimated gross rental yield: ~6.9% (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 72% of Hougang blocks with recent sales.
For a typical 4-room flat here, our price model estimates $520,696–$582,473 (central estimate $551,584). Recent sales — median $547,566 — 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 |
|---|---|---|---|
| 1991 | $90,000 | $162,887 | 3 |
| 1992 | $95,000 | $168,163 | 2 |
| 1993 | $137,000 | $237,077 | 1 |
| 1994 | $172,500 | $289,551 | 6 |
| 1995 | $230,000 | $379,521 | 3 |
| 1996 | $299,000 | $486,660 | 10 |
| 1997 | $308,000 | $491,369 | 3 |
| 1998 | $261,000 | $417,523 | 11 |
| 1999 | $257,500 | $411,826 | 8 |
| 2000 | $281,000 | $443,429 | 7 |
| 2001 | $242,500 | $378,835 | 4 |
| 2002 | $230,000 | $360,721 | 5 |
| 2003 | $210,000 | $327,754 | 1 |
| 2004 | $227,500 | $349,228 | 2 |
| 2005 | $207,500 | $317,026 | 6 |
| 2006 | $223,800 | $338,659 | 3 |
| 2007 | $234,000 | $346,776 | 6 |
| 2008 | $307,000 | $426,648 | 4 |
| 2009 | $305,000 | $421,391 | 2 |
| 2010 | $363,600 | $488,533 | 3 |
| 2011 | $428,000 | $546,367 | 5 |
| 2012 | $440,000 | $537,082 | 3 |
| 2015 | $410,000 | $486,445 | 5 |
| 2016 | $419,000 | $499,768 | 4 |
| 2017 | $395,000 | $468,439 | 1 |
| 2018 | $401,900 | $474,542 | 2 |
| 2019 | $428,000 | $502,507 | 1 |
| 2020 | $405,000 | $476,324 | 1 |
| 2021 | $418,000 | $480,485 | 1 |
| 2022 | $474,000 | $513,380 | 2 |
| 2023 | $516,500 | $533,619 | 6 |
| 2024 | $588,000 | $593,310 | 3 |
| 2025 | $610,000 | $610,000 | 2 |
| Record sale | $628,888 (4-Room, 2024-11) |
|---|---|
| First recorded sale | $114,800 (1991-04) |
| Busiest year | 1998 · 11 sales |
| 10-year change (real) | +25% (+2.3%/yr, 2015→2025) |
| Total transacted | $39.0M across 126 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-06 | 4-Room | 07 TO 09 | 104 | $595,000 |
| 2025-01 | 4-Room | 07 TO 09 | 104 | $625,000 |
| 2024-11 | 4-Room | 04 TO 06 | 104 | $628,888 |
| 2024-05 | 4-Room | 04 TO 06 | 104 | $565,000 |
| 2024-02 | 4-Room | 10 TO 12 | 104 | $588,000 |
| 2023-12 | 4-Room | 10 TO 12 | 104 | $580,000 |
| 2023-05 | 4-Room | 04 TO 06 | 104 | $505,000 |
| 2023-05 | 4-Room | 10 TO 12 | 104 | $530,000 |
| 2023-04 | 4-Room | 07 TO 09 | 104 | $523,000 |
| 2023-03 | 4-Room | 01 TO 03 | 104 | $465,000 |
| 2023-03 | 4-Room | 13 TO 15 | 104 | $510,000 |
| 2022-06 | 4-Room | 01 TO 03 | 104 | $448,000 |
| 2022-04 | 4-Room | 13 TO 15 | 104 | $500,000 |
| 2021-04 | 4-Room | 07 TO 09 | 104 | $418,000 |
| 2020-06 | 4-Room | 10 TO 12 | 104 | $405,000 |
| 2019-04 | 4-Room | 07 TO 09 | 104 | $428,000 |
| 2018-10 | 4-Room | 10 TO 12 | 104 | $410,000 |
| 2018-05 | 4-Room | 10 TO 12 | 104 | $393,800 |
| 2017-10 | 4-Room | 10 TO 12 | 104 | $395,000 |
| 2016-11 | 4-Room | 07 TO 09 | 104 | $408,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 358 | $898,888 | $6,157/m² |
| 2. Blk 312 | $870,000 | $6,350/m² |
| 3. Blk 302 | $768,000 | $5,774/m² |
| 4. Blk 306 | $760,000 | $5,672/m² |
| 5. Blk 360 | $715,000 | $5,720/m² |
| 6. Blk 310 | $670,000 | $5,537/m² |
| 7. Blk 361 | $670,000 | $6,442/m² |
| 8. Blk 320 | $650,000 | $5,372/m² |
| 9. Blk 359 | $630,000 | $5,943/m² |
| 10. Blk 324 | $625,000 | $6,010/m² |
| 11. Blk 363 | $620,000 | $5,688/m² |
| 12. Blk 332 | $594,000 | $5,712/m² |
| 13. Blk 334 | $580,000 | $5,577/m² |
| 14. Blk 303 | $555,000 | $5,970/m² |
| 15. Blk 319 | $550,888 | $5,924/m² |
Showing the top 15 of 31 blocks.
The median resale price over the last 24 months is $625,000 (3 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 $520,696–$582,473 (central estimate $551,584). Recent sales — median $547,566 — sit within that range.
The median monthly rent is $3,600/mo over the last 12 months (7 contracts).
The block was completed in 1982 and its 99-year lease runs from 1983.