Blk 242 Hougang St 22 is an HDB block in Hougang (completed in 1984, 12 storeys, 182 units). As of Jul 2026, its median resale price over the last 24 months is $503,000, about 11% below the Hougang median, from 3 sales. 264 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 | 182 |
| Unit mix (sold) | 3-room ×115 · 4-room ×67 |
| Recorded resales | 264 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $440,000 | $6,197/m² | 1 |
| 4-Room | $531,500 | $5,748/m² | 2 |
Median monthly rent at this block: $2,550/mo (8 rental contracts, last 12 months).
Estimated gross rental yield: ~6.1% (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 65% of Hougang blocks with recent sales.
For a typical 3-room flat here, our price model estimates $357,015–$399,373 (central estimate $378,194). Recent sales — median $372,219 — 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 | $52,250 | $97,818 | 8 |
| 1991 | $46,650 | $84,430 | 2 |
| 1992 | $56,500 | $100,013 | 6 |
| 1993 | $78,000 | $134,978 | 6 |
| 1994 | $95,000 | $159,463 | 8 |
| 1995 | $128,000 | $211,212 | 11 |
| 1996 | $171,000 | $278,324 | 17 |
| 1997 | $262,000 | $417,983 | 9 |
| 1998 | $195,000 | $311,942 | 11 |
| 1999 | $153,000 | $244,697 | 11 |
| 2000 | $160,000 | $252,486 | 13 |
| 2001 | $139,750 | $218,319 | 14 |
| 2002 | $185,000 | $290,145 | 9 |
| 2003 | $157,000 | $245,035 | 13 |
| 2004 | $163,500 | $250,983 | 6 |
| 2005 | $161,000 | $245,982 | 12 |
| 2006 | $159,500 | $241,359 | 11 |
| 2007 | $193,400 | $286,609 | 6 |
| 2008 | $273,500 | $380,092 | 6 |
| 2009 | $302,000 | $417,246 | 3 |
| 2010 | $265,000 | $356,054 | 8 |
| 2011 | $306,000 | $390,627 | 6 |
| 2012 | $348,000 | $424,783 | 12 |
| 2013 | $340,000 | $405,434 | 5 |
| 2014 | $338,000 | $398,924 | 6 |
| 2015 | $302,500 | $358,902 | 4 |
| 2016 | $284,000 | $338,745 | 6 |
| 2017 | $364,000 | $431,676 | 5 |
| 2018 | $268,000 | $316,440 | 3 |
| 2019 | $338,000 | $396,840 | 3 |
| 2020 | $348,500 | $409,874 | 4 |
| 2021 | $316,000 | $363,237 | 7 |
| 2022 | $350,000 | $379,078 | 7 |
| 2023 | $400,000 | $413,257 | 2 |
| 2024 | $503,000 | $507,542 | 3 |
| 2025 | $440,000 | $440,000 | 1 |
| Record sale | $560,000 (4-Room, 2024-08) |
|---|---|
| First recorded sale | $44,000 (1990-02) |
| Busiest year | 1996 · 17 sales |
| 10-year change (real) | +23% (+2.1%/yr, 2015→2025) |
| Total transacted | $57.3M across 264 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-02 | 3-Room | 07 TO 09 | 71 | $440,000 |
| 2024-08 | 4-Room | 04 TO 06 | 93 | $503,000 |
| 2024-08 | 4-Room | 10 TO 12 | 92 | $560,000 |
| 2024-03 | 3-Room | 07 TO 09 | 67 | $368,888 |
| 2023-07 | 4-Room | 04 TO 06 | 92 | $460,000 |
| 2023-01 | 3-Room | 01 TO 03 | 72 | $340,000 |
| 2022-12 | 3-Room | 07 TO 09 | 71 | $380,000 |
| 2022-12 | 4-Room | 10 TO 12 | 92 | $455,000 |
| 2022-09 | 3-Room | 07 TO 09 | 71 | $330,000 |
| 2022-07 | 3-Room | 10 TO 12 | 67 | $395,000 |
| 2022-02 | 3-Room | 01 TO 03 | 72 | $310,000 |
| 2022-02 | 3-Room | 10 TO 12 | 67 | $315,888 |
| 2022-01 | 3-Room | 10 TO 12 | 67 | $350,000 |
| 2021-12 | 3-Room | 07 TO 09 | 67 | $325,000 |
| 2021-08 | 3-Room | 04 TO 06 | 67 | $316,000 |
| 2021-05 | 3-Room | 10 TO 12 | 67 | $308,000 |
| 2021-04 | 4-Room | 01 TO 03 | 96 | $388,000 |
| 2021-03 | 4-Room | 01 TO 03 | 96 | $350,000 |
| 2021-02 | 3-Room | 01 TO 03 | 67 | $273,000 |
| 2021-02 | 3-Room | 01 TO 03 | 67 | $277,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 245 | $670,888 | $5,367/m² |
| 2. Blk 243 | $508,000 | $5,522/m² |
| 3. Blk 242 | $503,000 | $6,087/m² |
| 4. Blk 240 | $470,000 | $6,149/m² |
| 5. Blk 241 | $458,900 | $6,080/m² |
| 6. Blk 244 | $418,000 | $6,239/m² |
| 7. Blk 246 | $410,000 | $6,119/m² |
The median resale price over the last 24 months is $503,000 (3 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 $357,015–$399,373 (central estimate $378,194). Recent sales — median $372,219 — sit within that range.
The median monthly rent is $2,550/mo over the last 12 months (8 contracts).
The block was completed in 1984 and its 99-year lease runs from 1984.