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Block 230 Hougang Avenue 1

4 Room · 5 Room · Built 1984 · 58 years remaining lease MOP Cleared
Latest Sale
$1,060,000
Nov 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$5,440
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +36.7%
Median price change
Median Price ?
Top 7%
#39 / 579 Top 7%
Latest Sale ?
Top 2%
#10 / 579 Top 2%
Value ($/sqm) ?
Top 21%
#121 / 579 Top 21%
5-Year Growth ?
Top 56%
#212 / 380 Top 56%
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
+6.5%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Based on this block’s +36.7% 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 58 years remaining 99 years
58 years 2 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.55%/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
Nov 2025 04 TO 06 5 ROOM 142 sqm $1,060,000 $7,465
Jan 2025 07 TO 09 5 ROOM 142 sqm $1,018,000 $7,169
Oct 2024 01 TO 03 5 ROOM 140 sqm $908,888 $6,492
Feb 2024 07 TO 09 4 ROOM 109 sqm $630,000 $5,780
Dec 2023 01 TO 03 4 ROOM 109 sqm $560,000 $5,138
Oct 2023 07 TO 09 4 ROOM 103 sqm $560,000 $5,437
Aug 2023 01 TO 03 5 ROOM 140 sqm $818,888 $5,849
Jun 2023 07 TO 09 5 ROOM 142 sqm $900,000 $6,338
Jun 2023 10 TO 12 5 ROOM 140 sqm $901,000 $6,436
Nov 2022 01 TO 03 4 ROOM 109 sqm $520,000 $4,771
Feb 2022 10 TO 12 5 ROOM 140 sqm $861,000 $6,150
Jul 2021 01 TO 03 5 ROOM 140 sqm $762,000 $5,443
Jul 2021 07 TO 09 5 ROOM 142 sqm $865,000 $6,092
Jun 2021 10 TO 12 5 ROOM 140 sqm $738,888 $5,278
May 2021 04 TO 06 5 ROOM 140 sqm $730,000 $5,214
Mar 2021 07 TO 09 4 ROOM 103 sqm $480,000 $4,660
Mar 2021 04 TO 06 5 ROOM 142 sqm $725,000 $5,106
Jan 2021 07 TO 09 5 ROOM 142 sqm $760,000 $5,352
Jan 2021 07 TO 09 5 ROOM 142 sqm $817,000 $5,754
Mar 2020 07 TO 09 4 ROOM 103 sqm $470,888 $4,572
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 230 Hougang Avenue 1

Block 230 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1984 with approximately 58 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $470,888 to $1,060,000 based on 24 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $1,060,000 in 2025-11. The current median price per square metre is $5,440. Over the past five years, resale prices at this block have increased by approximately 36.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8648, with an annual lease decay rate of approximately 0.55%. 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 230 Hougang Avenue 1 worth?

The most recent resale transaction at Block 230 Hougang Avenue 1 was $1,060,000 for a 5 room flat in 2025-11. The median price per square metre across all flat types is $5,440, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 230 Hougang Avenue 1?

Block 230 Hougang Avenue 1 was built in 1984 and has approximately 58 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 230 Hougang Avenue 1?

Block 230 Hougang Avenue 1 in Hougang contains 4 room, 5 room flats. Resale prices range from $470,888 to $1,060,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 230 Hougang Avenue 1 gone up or down?

Resale prices at Block 230 Hougang Avenue 1 have increased by approximately 36.7% over the past five years. The current median price is $755,000, with the most recent sale at $1,060,000 in 2025-11.

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