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Block 116 Hougang Avenue 1

3 Room · 4 Room · Built 1981 · 54 years remaining lease MOP Cleared
Latest Sale
$480,000
Feb 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$4,276
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +71.7%
Median price change
Median Price ?
Top 99%
#572 / 579 Top 99%
Latest Sale ?
Top 81%
#471 / 579 Top 81%
Value ($/sqm) ?
Top 83%
#482 / 579 Top 83%
5-Year Growth ?
Top 1%
#2 / 380 Top 1%
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
+11.4%/yr
vs
Lease Decay
−0.63%/yr
Growth assumption
Based on this block’s +71.7% 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 8 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
Feb 2026 04 TO 06 3 ROOM 81 sqm $480,000 $5,926
Sep 2025 10 TO 12 3 ROOM 82 sqm $482,000 $5,878
Sep 2025 01 TO 03 4 ROOM 91 sqm $498,888 $5,482
Jun 2025 04 TO 06 3 ROOM 67 sqm $420,000 $6,269
Jan 2025 10 TO 12 3 ROOM 82 sqm $480,000 $5,854
Feb 2023 13 TO 15 3 ROOM 81 sqm $405,000 $5,000
Sep 2022 07 TO 09 3 ROOM 67 sqm $395,000 $5,896
May 2022 01 TO 03 3 ROOM 67 sqm $340,000 $5,075
Apr 2022 10 TO 12 3 ROOM 67 sqm $350,000 $5,224
Mar 2021 04 TO 06 3 ROOM 67 sqm $279,000 $4,164
Mar 2021 04 TO 06 3 ROOM 67 sqm $280,000 $4,179
Dec 2020 07 TO 09 3 ROOM 67 sqm $288,000 $4,299
Aug 2020 10 TO 12 3 ROOM 67 sqm $280,000 $4,179
Dec 2019 01 TO 03 3 ROOM 81 sqm $305,400 $3,770
Nov 2019 13 TO 15 3 ROOM 82 sqm $310,000 $3,780
May 2019 07 TO 09 3 ROOM 67 sqm $270,000 $4,030
Mar 2018 07 TO 09 3 ROOM 67 sqm $261,000 $3,896
Mar 2018 10 TO 12 3 ROOM 67 sqm $285,000 $4,254
Nov 2017 04 TO 06 3 ROOM 67 sqm $270,000 $4,030
Oct 2017 10 TO 12 3 ROOM 67 sqm $285,000 $4,254
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 116 Hougang Avenue 1

Block 116 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 flats, with resale prices ranging from $261,000 to $498,888 based on 20 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $480,000 in 2026-02. The current median price per square metre is $4,276. Over the past five years, resale prices at this block have increased by approximately 71.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8475, 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 116 Hougang Avenue 1 worth?

The most recent resale transaction at Block 116 Hougang Avenue 1 was $480,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $4,276, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 116 Hougang Avenue 1?

Block 116 Hougang Avenue 1 was built in 1981 and has approximately 54 years and 8 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 116 Hougang Avenue 1?

Block 116 Hougang Avenue 1 in Hougang contains 3 room, 4 room flats. Resale prices range from $261,000 to $498,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 116 Hougang Avenue 1 gone up or down?

Resale prices at Block 116 Hougang Avenue 1 have increased by approximately 71.7% over the past five years. The current median price is $307,700, with the most recent sale at $480,000 in 2026-02.

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