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Block 251 Hougang Avenue 3

4 Room · 5 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$629,888
Jun 2025 · 5 ROOM · Floor 01-03
Median $/sqm
$3,980
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
▲ +34%
Median price change
Median Price ?
Top 55%
#317 / 579 Top 55%
Latest Sale ?
Top 48%
#279 / 579 Top 48%
Value ($/sqm) ?
Top 96%
#558 / 579 Top 96%
5-Year Growth ?
Top 68%
#259 / 380 Top 68%
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%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +34% 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 8 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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
Jun 2025 01 TO 03 5 ROOM 121 sqm $629,888 $5,206
Apr 2024 07 TO 09 5 ROOM 121 sqm $640,000 $5,289
Apr 2024 10 TO 12 5 ROOM 121 sqm $640,000 $5,289
Apr 2023 04 TO 06 5 ROOM 121 sqm $560,000 $4,628
Feb 2022 13 TO 15 5 ROOM 121 sqm $550,000 $4,545
Sep 2021 07 TO 09 5 ROOM 121 sqm $500,000 $4,132
Aug 2021 04 TO 06 4 ROOM 98 sqm $390,000 $3,980
Jul 2021 01 TO 03 5 ROOM 121 sqm $440,000 $3,636
Dec 2020 01 TO 03 5 ROOM 121 sqm $445,000 $3,678
Jun 2019 10 TO 12 5 ROOM 125 sqm $470,000 $3,760
Feb 2019 07 TO 09 5 ROOM 121 sqm $458,000 $3,785
Sep 2017 07 TO 09 4 ROOM 98 sqm $350,000 $3,571
Feb 2017 04 TO 06 5 ROOM 121 sqm $440,000 $3,636
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 251 Hougang Avenue 3

Block 251 at Hougang Avenue 3 is a residential HDB block in Hougang, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $350,000 to $640,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $629,888 in 2025-06. The current median price per square metre is $3,980. Over the past five years, resale prices at this block have increased by approximately 34%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8671, with an annual lease decay rate of approximately 0.54%. 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 251 Hougang Avenue 3 worth?

The most recent resale transaction at Block 251 Hougang Avenue 3 was $629,888 for a 5 room flat in 2025-06. The median price per square metre across all flat types is $3,980, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 251 Hougang Avenue 3?

Block 251 Hougang Avenue 3 was built in 1985 and has approximately 58 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 251 Hougang Avenue 3?

Block 251 Hougang Avenue 3 in Hougang contains 4 room, 5 room flats. Resale prices range from $350,000 to $640,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 251 Hougang Avenue 3 gone up or down?

Resale prices at Block 251 Hougang Avenue 3 have increased by approximately 34% over the past five years. The current median price is $470,000, with the most recent sale at $629,888 in 2025-06.

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