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Block 127 Hougang Avenue 1

3 Room · Built 1982 · 58 years remaining lease MOP Cleared
Latest Sale
$370,000
Sep 2022 · 3 ROOM · Floor 04-06
Median $/sqm
$4,851
Based on 2 transactions
Total Transactions
2
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 97%
#562 / 579 Top 97%
Latest Sale ?
Top 98%
#569 / 579 Top 98%
Value ($/sqm) ?
Top 47%
#270 / 579 Top 47%
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
+3%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 58 years remaining 99 years
58 years 9 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.53%/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
Sep 2022 04 TO 06 3 ROOM 67 sqm $370,000 $5,522
Nov 2017 04 TO 06 3 ROOM 67 sqm $280,000 $4,179
Showing 2 of 2 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 127 Hougang Avenue 1

Block 127 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1982 with approximately 58 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $280,000 to $370,000 based on 2 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $370,000 in 2022-09. The current median price per square metre is $4,851. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8675, with an annual lease decay rate of approximately 0.53%. 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 127 Hougang Avenue 1 worth?

The most recent resale transaction at Block 127 Hougang Avenue 1 was $370,000 for a 3 room flat in 2022-09. The median price per square metre across all flat types is $4,851, based on 2 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 127 Hougang Avenue 1?

Block 127 Hougang Avenue 1 was built in 1982 and has approximately 58 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 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 127 Hougang Avenue 1?

Block 127 Hougang Avenue 1 in Hougang contains 3 room flats. Resale prices range from $280,000 to $370,000 based on historical transaction records from data.gov.sg.

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