Skip to content

Block 115 Hougang Avenue 1

3 Room · 4 Room · 5 Room · Built 1981 · 54 years remaining lease MOP Cleared
Latest Sale
$465,000
Apr 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$5,373
Based on 36 transactions
Total Transactions
36
Since Jan 2017
5-Year Trend
▲ +42%
Median price change
Median Price ?
Top 88%
#507 / 579 Top 88%
Latest Sale ?
Top 84%
#484 / 579 Top 84%
Value ($/sqm) ?
Top 23%
#135 / 579 Top 23%
5-Year Growth ?
Top 34%
#131 / 380 Top 34%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+7.3%/yr
vs
Lease Decay
−0.63%/yr
Growth assumption
Based on this block’s +42% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 54 years remaining 99 years
54 years 6 months
Remaining lease
↓ 0.63%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.63%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 07 TO 09 3 ROOM 67 sqm $465,000 $6,940
Dec 2025 04 TO 06 3 ROOM 82 sqm $470,000 $5,732
Aug 2025 10 TO 12 3 ROOM 67 sqm $460,000 $6,866
Aug 2025 10 TO 12 3 ROOM 67 sqm $425,000 $6,343
May 2025 10 TO 12 3 ROOM 81 sqm $490,000 $6,049
Mar 2025 10 TO 12 3 ROOM 67 sqm $425,000 $6,343
Mar 2025 07 TO 09 3 ROOM 81 sqm $475,000 $5,864
Jan 2025 04 TO 06 3 ROOM 67 sqm $410,000 $6,119
Jan 2025 10 TO 12 3 ROOM 67 sqm $409,000 $6,104
Nov 2024 01 TO 03 3 ROOM 67 sqm $420,000 $6,269
Sep 2024 07 TO 09 3 ROOM 67 sqm $390,000 $5,821
May 2024 10 TO 12 4 ROOM 91 sqm $565,000 $6,209
Dec 2023 01 TO 03 3 ROOM 67 sqm $355,000 $5,299
Oct 2023 07 TO 09 3 ROOM 67 sqm $370,000 $5,522
Aug 2023 10 TO 12 5 ROOM 134 sqm $780,000 $5,821
May 2023 01 TO 03 3 ROOM 67 sqm $368,000 $5,493
Jan 2023 04 TO 06 3 ROOM 67 sqm $385,000 $5,746
Jan 2023 07 TO 09 3 ROOM 81 sqm $460,000 $5,679
Nov 2022 07 TO 09 3 ROOM 67 sqm $365,000 $5,448
Nov 2022 01 TO 03 3 ROOM 82 sqm $390,000 $4,756
Showing 20 of 36 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 115 Hougang Avenue 1

Block 115 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1981 with approximately 54 years remaining on its 99-year lease. The block contains 3 room, 4 room, 5 room flats, with resale prices ranging from $248,000 to $780,000 based on 36 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $465,000 in 2026-04. The current median price per square metre is $5,373. Over the past five years, resale prices at this block have increased by approximately 42%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8466, with an annual lease decay rate of approximately 0.63%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 115 Hougang Avenue 1 worth?

The most recent resale transaction at Block 115 Hougang Avenue 1 was $465,000 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $5,373, based on 36 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 115 Hougang Avenue 1?

Block 115 Hougang Avenue 1 was built in 1981 and has approximately 54 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.63%, meaning the leasehold value decreases by approximately 0.63% per year at the current remaining lease.

What flat types are available at Block 115 Hougang Avenue 1?

Block 115 Hougang Avenue 1 in Hougang contains 3 room, 4 room, 5 room flats. Resale prices range from $248,000 to $780,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 115 Hougang Avenue 1 gone up or down?

Resale prices at Block 115 Hougang Avenue 1 have increased by approximately 42% over the past five years. The current median price is $369,000, with the most recent sale at $465,000 in 2026-04.

Link copied to clipboard