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Block 703 Hougang Avenue 2

3 Room · 4 Room · Built 1986 · 59 years remaining lease MOP Cleared
Latest Sale
$458,000
Apr 2026 · 3 ROOM · Floor 13-15
Median $/sqm
$5,563
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 79%
#455 / 579 Top 79%
Latest Sale ?
Top 85%
#495 / 579 Top 85%
Value ($/sqm) ?
Top 17%
#97 / 579 Top 17%
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
−0.52%/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 59 years remaining 99 years
59 years 3 months
Remaining lease
↓ 0.52%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.52%/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 13 TO 15 3 ROOM 67 sqm $458,000 $6,836
Mar 2026 10 TO 12 3 ROOM 82 sqm $514,000 $6,268
Oct 2025 10 TO 12 3 ROOM 67 sqm $448,000 $6,687
Jul 2025 10 TO 12 3 ROOM 67 sqm $480,000 $7,164
Apr 2025 01 TO 03 3 ROOM 67 sqm $395,000 $5,896
Mar 2025 13 TO 15 3 ROOM 67 sqm $440,000 $6,567
Jan 2025 04 TO 06 3 ROOM 67 sqm $420,000 $6,269
Oct 2024 04 TO 06 4 ROOM 93 sqm $550,000 $5,914
Feb 2024 10 TO 12 3 ROOM 67 sqm $415,000 $6,194
Feb 2024 07 TO 09 3 ROOM 67 sqm $425,000 $6,343
Dec 2023 04 TO 06 3 ROOM 67 sqm $408,000 $6,090
Oct 2023 01 TO 03 3 ROOM 71 sqm $395,000 $5,563
Dec 2022 07 TO 09 3 ROOM 67 sqm $380,000 $5,672
Sep 2022 07 TO 09 3 ROOM 71 sqm $365,000 $5,141
May 2022 04 TO 06 4 ROOM 93 sqm $425,000 $4,570
Mar 2022 01 TO 03 3 ROOM 82 sqm $386,000 $4,707
Jan 2022 07 TO 09 3 ROOM 67 sqm $370,000 $5,522
Jan 2021 07 TO 09 4 ROOM 93 sqm $371,000 $3,989
Jul 2019 10 TO 12 3 ROOM 67 sqm $272,000 $4,060
May 2019 07 TO 09 4 ROOM 93 sqm $368,000 $3,957
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 703 Hougang Avenue 2

Block 703 at Hougang Avenue 2 is a residential HDB block in Hougang, Singapore, built in 1986 with approximately 59 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $272,000 to $550,000 based on 25 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 13 TO 15 sold for $458,000 in 2026-04. The current median price per square metre is $5,563. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8697, with an annual lease decay rate of approximately 0.52%. 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 703 Hougang Avenue 2 worth?

The most recent resale transaction at Block 703 Hougang Avenue 2 was $458,000 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $5,563, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 703 Hougang Avenue 2?

Block 703 Hougang Avenue 2 was built in 1986 and has approximately 59 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.52%, meaning the leasehold value decreases by approximately 0.52% per year at the current remaining lease.

What flat types are available at Block 703 Hougang Avenue 2?

Block 703 Hougang Avenue 2 in Hougang contains 3 room, 4 room flats. Resale prices range from $272,000 to $550,000 based on historical transaction records from data.gov.sg.

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