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Block 234 Hougang Avenue 1

4 Room · 5 Room · Built 1984 · 57 years remaining lease MOP Cleared
Latest Sale
$618,888
Apr 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$5,321
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
▲ +27.1%
Median price change
Median Price ?
Top 11%
#62 / 579 Top 11%
Latest Sale ?
Top 51%
#298 / 579 Top 51%
Value ($/sqm) ?
Top 24%
#141 / 579 Top 24%
5-Year Growth ?
Top 89%
#339 / 380 Top 89%
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
+4.9%/yr
vs
Lease Decay
−0.57%/yr
Growth assumption
Based on this block’s +27.1% 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 57 years remaining 99 years
57 years 4 months
Remaining lease
↓ 0.57%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.57%/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
Apr 2026 01 TO 03 4 ROOM 103 sqm $618,888 $6,009
Nov 2025 04 TO 06 4 ROOM 109 sqm $618,888 $5,678
Feb 2025 10 TO 12 5 ROOM 142 sqm $960,000 $6,761
Sep 2024 10 TO 12 5 ROOM 142 sqm $960,000 $6,761
May 2024 10 TO 12 4 ROOM 103 sqm $615,000 $5,971
Feb 2024 13 TO 15 4 ROOM 109 sqm $575,000 $5,275
Dec 2023 10 TO 12 4 ROOM 109 sqm $450,000 $4,128
Dec 2023 07 TO 09 4 ROOM 109 sqm $580,000 $5,321
Jan 2023 07 TO 09 4 ROOM 109 sqm $615,000 $5,642
Nov 2022 01 TO 03 5 ROOM 142 sqm $820,000 $5,775
Oct 2022 10 TO 12 5 ROOM 140 sqm $835,000 $5,964
Jul 2022 01 TO 03 5 ROOM 142 sqm $775,000 $5,458
Jul 2022 04 TO 06 5 ROOM 140 sqm $878,888 $6,278
May 2022 07 TO 09 5 ROOM 140 sqm $688,888 $4,921
Mar 2022 10 TO 12 4 ROOM 109 sqm $550,000 $5,046
Feb 2022 10 TO 12 4 ROOM 109 sqm $570,000 $5,229
Dec 2021 10 TO 12 5 ROOM 140 sqm $815,000 $5,821
Nov 2021 07 TO 09 5 ROOM 142 sqm $800,000 $5,634
Jul 2021 10 TO 12 5 ROOM 140 sqm $726,888 $5,192
May 2021 04 TO 06 4 ROOM 109 sqm $478,000 $4,385
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 234 Hougang Avenue 1

Block 234 at Hougang Avenue 1 is a residential HDB block in Hougang, Singapore, built in 1984 with approximately 57 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $450,000 to $960,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $618,888 in 2026-04. The current median price per square metre is $5,321. Over the past five years, resale prices at this block have increased by approximately 27.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8609, with an annual lease decay rate of approximately 0.57%. 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 234 Hougang Avenue 1 worth?

The most recent resale transaction at Block 234 Hougang Avenue 1 was $618,888 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $5,321, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 234 Hougang Avenue 1?

Block 234 Hougang Avenue 1 was built in 1984 and has approximately 57 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.57%, meaning the leasehold value decreases by approximately 0.57% per year at the current remaining lease.

What flat types are available at Block 234 Hougang Avenue 1?

Block 234 Hougang Avenue 1 in Hougang contains 4 room, 5 room flats. Resale prices range from $450,000 to $960,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 234 Hougang Avenue 1 gone up or down?

Resale prices at Block 234 Hougang Avenue 1 have increased by approximately 27.1% over the past five years. The current median price is $700,000, with the most recent sale at $618,888 in 2026-04.

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