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Block 15 Hougang Avenue 3

4 Room · Built 1975 · 48 years remaining lease MOP Cleared
Latest Sale
$440,000
Feb 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$4,268
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +43.1%
Median price change
Median Price ?
Top 92%
#531 / 579 Top 92%
Latest Sale ?
Top 89%
#515 / 579 Top 89%
Value ($/sqm) ?
Top 83%
#483 / 579 Top 83%
5-Year Growth ?
Top 31%
#118 / 380 Top 31%
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
+7.4%/yr
vs
Lease Decay
−0.80%/yr
Growth assumption
Based on this block’s +43.1% 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 48 years remaining 99 years
48 years 10 months
Remaining lease
↓ 0.80%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 48 years remaining, decay is gradual (~0.80%/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
Feb 2026 04 TO 06 4 ROOM 82 sqm $440,000 $5,366
Dec 2025 13 TO 15 4 ROOM 82 sqm $468,000 $5,707
Sep 2025 13 TO 15 4 ROOM 82 sqm $475,800 $5,802
Aug 2025 10 TO 12 4 ROOM 82 sqm $462,000 $5,634
Jun 2025 07 TO 09 4 ROOM 82 sqm $460,000 $5,610
May 2025 07 TO 09 4 ROOM 82 sqm $470,000 $5,732
Nov 2024 04 TO 06 4 ROOM 82 sqm $450,000 $5,488
Sep 2023 13 TO 15 4 ROOM 82 sqm $393,000 $4,793
Jul 2022 04 TO 06 4 ROOM 82 sqm $385,000 $4,695
Jun 2022 07 TO 09 4 ROOM 82 sqm $405,000 $4,939
May 2021 04 TO 06 4 ROOM 82 sqm $350,000 $4,268
Apr 2021 04 TO 06 4 ROOM 82 sqm $325,000 $3,963
Jan 2021 04 TO 06 4 ROOM 82 sqm $315,000 $3,841
Sep 2020 04 TO 06 4 ROOM 82 sqm $300,000 $3,659
Jul 2020 01 TO 03 4 ROOM 82 sqm $293,000 $3,573
Jun 2020 07 TO 09 4 ROOM 82 sqm $312,000 $3,805
Nov 2019 13 TO 15 4 ROOM 82 sqm $330,000 $4,024
Sep 2019 16 TO 18 4 ROOM 82 sqm $325,000 $3,963
Jul 2018 10 TO 12 4 ROOM 82 sqm $330,000 $4,024
Jul 2018 10 TO 12 4 ROOM 82 sqm $339,000 $4,134
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 15 Hougang Avenue 3

Block 15 at Hougang Avenue 3 is a residential HDB block in Hougang, Singapore, built in 1975 with approximately 48 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $293,000 to $475,800 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $440,000 in 2026-02. The current median price per square metre is $4,268. Over the past five years, resale prices at this block have increased by approximately 43.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8136, with an annual lease decay rate of approximately 0.80%. 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 15 Hougang Avenue 3 worth?

The most recent resale transaction at Block 15 Hougang Avenue 3 was $440,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,268, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 15 Hougang Avenue 3?

Block 15 Hougang Avenue 3 was built in 1975 and has approximately 48 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.80%, meaning the leasehold value decreases by approximately 0.80% per year at the current remaining lease.

What flat types are available at Block 15 Hougang Avenue 3?

Block 15 Hougang Avenue 3 in Hougang contains 4 room flats. Resale prices range from $293,000 to $475,800 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 15 Hougang Avenue 3 gone up or down?

Resale prices at Block 15 Hougang Avenue 3 have increased by approximately 43.1% over the past five years. The current median price is $350,000, with the most recent sale at $440,000 in 2026-02.

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