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Block 171 Hougang Avenue 1

4 Room · 5 Room · Built 1998 · 71 years remaining lease MOP Cleared
Latest Sale
$768,000
Aug 2025 · 5 ROOM · Floor 07-09
Median $/sqm
$4,549
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +24.3%
Median price change
Median Price ?
Top 37%
#216 / 579 Top 37%
Latest Sale ?
Top 23%
#136 / 579 Top 23%
Value ($/sqm) ?
Top 65%
#375 / 579 Top 65%
5-Year Growth ?
Top 95%
#362 / 380 Top 95%
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
+4.4%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Based on this block’s +24.3% 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 71 years remaining 99 years
71 years 5 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/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
Aug 2025 07 TO 09 5 ROOM 122 sqm $768,000 $6,295
Oct 2024 04 TO 06 4 ROOM 101 sqm $572,000 $5,663
Jun 2024 01 TO 03 5 ROOM 120 sqm $630,000 $5,250
Apr 2024 04 TO 06 4 ROOM 100 sqm $568,000 $5,680
Dec 2022 01 TO 03 5 ROOM 120 sqm $612,500 $5,104
Jun 2022 07 TO 09 4 ROOM 101 sqm $508,000 $5,030
Dec 2021 10 TO 12 5 ROOM 120 sqm $618,000 $5,150
Jul 2021 01 TO 03 4 ROOM 100 sqm $390,000 $3,900
Dec 2020 04 TO 06 5 ROOM 122 sqm $520,000 $4,262
Oct 2019 13 TO 15 5 ROOM 122 sqm $555,000 $4,549
Jun 2019 04 TO 06 4 ROOM 101 sqm $390,000 $3,861
Jul 2018 13 TO 15 5 ROOM 120 sqm $580,000 $4,833
Feb 2018 04 TO 06 4 ROOM 100 sqm $361,000 $3,610
Aug 2017 07 TO 09 5 ROOM 120 sqm $520,000 $4,333
Apr 2017 01 TO 03 5 ROOM 120 sqm $465,000 $3,875
Apr 2017 07 TO 09 5 ROOM 122 sqm $505,000 $4,139
Jan 2017 07 TO 09 5 ROOM 120 sqm $520,000 $4,333
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 171 Hougang Avenue 1

Block 171 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1998 with approximately 71 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $361,000 to $768,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $768,000 in 2025-08. The current median price per square metre is $4,549. Over the past five years, resale prices at this block have increased by approximately 24.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9143, with an annual lease decay rate of approximately 0.33%. 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 171 Hougang Avenue 1 worth?

The most recent resale transaction at Block 171 Hougang Avenue 1 was $768,000 for a 5 room flat in 2025-08. The median price per square metre across all flat types is $4,549, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 171 Hougang Avenue 1?

Block 171 Hougang Avenue 1 was built in 1998 and has approximately 71 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 171 Hougang Avenue 1?

Block 171 Hougang Avenue 1 in Hougang contains 4 room, 5 room flats. Resale prices range from $361,000 to $768,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 171 Hougang Avenue 1 gone up or down?

Resale prices at Block 171 Hougang Avenue 1 have increased by approximately 24.3% over the past five years. The current median price is $520,000, with the most recent sale at $768,000 in 2025-08.

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