Blk 340 Hougang Ave 7 — HDB resale prices

Blk 340 Hougang Ave 7 is an HDB block in Hougang (completed in 1984, 4 storeys, 48 units). 78 resale transactions have been recorded here since 1990.

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Price history at a glance

Block facts

Town	Hougang
Completed	1984
Lease from	1985
Storeys	4
Dwelling units	48
Unit mix (sold)	3-room ×16 · 4-room ×32
Recorded resales	78 since 1990

What the price model says

For a typical 3-room flat here, our price model estimates $333,274–$372,815 (central estimate $353,045). Recent sales — median $376,912 — 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	$71,000	$132,920	3
1991	$70,000	$126,690	5
1992	$72,000	$127,450	3
1993	$160,000	$276,878	1
1994	$186,500	$313,051	2
1995	$191,000	$315,167	3
1996	$133,000	$216,474	1
1997	$226,000	$360,550	2
1998	$180,500	$288,747	4
1999	$213,000	$340,656	7
2000	$218,000	$344,013	3
2001	$197,000	$307,755	3
2002	$173,000	$271,325	3
2003	$174,500	$272,348	2
2004	$181,000	$277,847	3
2005	$161,000	$245,982	3
2006	$162,750	$246,276	2
2007	$186,000	$275,643	3
2008	$210,000	$291,844	1
2009	$262,500	$362,672	2
2010	$324,000	$435,326	3
2011	$348,000	$444,242	3
2014	$440,000	$519,309	1
2016	$278,500	$332,185	3
2017	$301,000	$356,963	2
2018	$290,000	$342,416	2
2019	$275,000	$322,873	1
2020	$307,000	$361,065	2
2022	$348,000	$376,912	1
2023	$378,000	$390,528	3
2024	$505,000	$509,560	1

Records

Record sale	$505,000 (4-Room, 2024-06)
First recorded sale	$83,000 (1990-03)
Busiest year	1999 · 7 sales
10-year change (real)	-2% (-0.2%/yr, 2014→2024)
Total transacted	$16.6M across 78 sales

Recent resale transactions

Month	Flat type	Storey	Area (m²)	Price
2024-06	4-Room	01 TO 03	93	$505,000
2023-08	3-Room	01 TO 03	67	$378,000
2023-03	4-Room	01 TO 03	93	$468,888
2023-02	3-Room	01 TO 03	67	$363,000
2022-04	3-Room	01 TO 03	67	$348,000
2020-12	4-Room	04 TO 06	91	$350,000
2020-01	3-Room	01 TO 03	71	$264,000
2019-09	3-Room	01 TO 03	76	$275,000
2018-09	4-Room	04 TO 06	93	$320,000
2018-05	3-Room	01 TO 03	71	$260,000
2017-04	3-Room	01 TO 03	67	$280,000
2017-04	4-Room	04 TO 06	93	$322,000
2016-10	3-Room	01 TO 03	67	$278,500
2016-06	3-Room	01 TO 03	71	$270,000
2016-01	3-Room	01 TO 03	67	$288,000
2014-03	4-Room	01 TO 03	96	$440,000
2011-07	4-Room	04 TO 06	94	$350,000
2011-05	4-Room	04 TO 06	91	$348,000
2011-02	4-Room	04 TO 06	93	$339,000
2010-10	4-Room	04 TO 06	94	$324,000

Hougang Ave 7 blocks ranked by price

Block	Median (24 mo)	Median $/m²
1. Blk 357	$909,000	$6,251/m²
2. Blk 339	$652,500	$5,361/m²
3. Blk 351	$650,000	$5,372/m²
4. Blk 341	$580,000	$6,290/m²
5. Blk 325	$570,000	$5,534/m²
6. Blk 326	$562,500	$5,409/m²
7. Blk 352	$541,944	$5,891/m²
8. Blk 354	$540,000	$5,806/m²
9. Blk 336	$535,888	$5,806/m²
10. Blk 337	$513,444	$5,642/m²
11. Blk 355	$490,000	$5,849/m²
12. Blk 317	$442,500	$6,604/m²
13. Blk 316	$440,000	$7,458/m²
14. Blk 356	$420,000	$6,045/m²

More blocks on Hougang Ave 7

Blk 316 Blk 317 Blk 325 Blk 326 Blk 336 Blk 337 Blk 339 Blk 341 Blk 351 Blk 352 Blk 354 Blk 355 · All of Hougang

Quick answers

Is Blk 340 Hougang Ave 7 fairly priced?

For a typical 3-room flat here, our price model estimates $333,274–$372,815 (central estimate $353,045). Recent sales — median $376,912 — sit above that range.

How old is Blk 340 Hougang Ave 7?

The block was completed in 1984 and its 99-year lease runs from 1985.