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Block 173 Hougang Avenue 1

4 Room · 5 Room · Built 1997 · 71 years remaining lease MOP Cleared
Latest Sale
$560,000
Dec 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$4,800
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +53.1%
Median price change
Median Price ?
Top 37%
#217 / 579 Top 37%
Latest Sale ?
Top 67%
#387 / 579 Top 67%
Value ($/sqm) ?
Top 50%
#292 / 579 Top 50%
5-Year Growth ?
Top 7%
#28 / 380 Top 7%
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
+8.9%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Based on this block’s +53.1% 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 1 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
Dec 2025 04 TO 06 4 ROOM 100 sqm $560,000 $5,600
Dec 2025 07 TO 09 5 ROOM 122 sqm $800,000 $6,557
Aug 2025 04 TO 06 5 ROOM 122 sqm $700,000 $5,738
Jun 2025 04 TO 06 4 ROOM 102 sqm $605,000 $5,931
Feb 2024 04 TO 06 5 ROOM 122 sqm $700,000 $5,738
Apr 2023 04 TO 06 4 ROOM 100 sqm $530,000 $5,300
Mar 2023 07 TO 09 4 ROOM 101 sqm $520,000 $5,149
Jun 2022 01 TO 03 4 ROOM 100 sqm $480,000 $4,800
Jan 2022 01 TO 03 4 ROOM 101 sqm $438,000 $4,337
Oct 2021 01 TO 03 5 ROOM 122 sqm $490,000 $4,016
Jun 2020 13 TO 15 5 ROOM 122 sqm $555,000 $4,549
Jan 2020 10 TO 12 4 ROOM 102 sqm $385,000 $3,775
Sep 2019 04 TO 06 4 ROOM 100 sqm $355,000 $3,550
Jul 2019 10 TO 12 4 ROOM 102 sqm $382,000 $3,745
Jan 2019 10 TO 12 4 ROOM 100 sqm $400,000 $4,000
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 173 Hougang Avenue 1

Block 173 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1997 with approximately 71 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $355,000 to $800,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $560,000 in 2025-12. The current median price per square metre is $4,800. Over the past five years, resale prices at this block have increased by approximately 53.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9133, 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 173 Hougang Avenue 1 worth?

The most recent resale transaction at Block 173 Hougang Avenue 1 was $560,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $4,800, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 173 Hougang Avenue 1?

Block 173 Hougang Avenue 1 was built in 1997 and has approximately 71 years and 1 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 173 Hougang Avenue 1?

Block 173 Hougang Avenue 1 in Hougang contains 4 room, 5 room flats. Resale prices range from $355,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 173 Hougang Avenue 1 gone up or down?

Resale prices at Block 173 Hougang Avenue 1 have increased by approximately 53.1% over the past five years. The current median price is $520,000, with the most recent sale at $560,000 in 2025-12.

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