Block 118 Hougang Avenue 1
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Dec 2024 | 01 TO 03 | 3 ROOM | 67 sqm | $420,000 | $6,269 |
| Apr 2024 | 01 TO 03 | 3 ROOM | 81 sqm | $400,000 | $4,938 |
| Dec 2023 | 04 TO 06 | 3 ROOM | 81 sqm | $390,000 | $4,815 |
| Nov 2021 | 04 TO 06 | 3 ROOM | 67 sqm | $310,000 | $4,627 |
| Sep 2018 | 01 TO 03 | 3 ROOM | 81 sqm | $292,000 | $3,605 |
About Block 118 Hougang Avenue 1
Block 118 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1982 with approximately 56 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $292,000 to $420,000 based on 5 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $420,000 in 2024-12. The current median price per square metre is $4,815. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8581, with an annual lease decay rate of approximately 0.58%. 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 118 Hougang Avenue 1 worth?
The most recent resale transaction at Block 118 Hougang Avenue 1 was $420,000 for a 3 room flat in 2024-12. The median price per square metre across all flat types is $4,815, based on 5 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 118 Hougang Avenue 1?
Block 118 Hougang Avenue 1 was built in 1982 and has approximately 56 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.58%, meaning the leasehold value decreases by approximately 0.58% per year at the current remaining lease.
What flat types are available at Block 118 Hougang Avenue 1?
Block 118 Hougang Avenue 1 in Hougang contains 3 room flats. Resale prices range from $292,000 to $420,000 based on historical transaction records from data.gov.sg.