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Block 303 Hougang Avenue 5

3 Room · 4 Room · Built 1983 · 57 years remaining lease MOP Cleared
Latest Sale
$460,000
Mar 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,514
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
▲ +47.4%
Median price change
Median Price ?
Top 80%
#462 / 579 Top 80%
Latest Sale ?
Top 85%
#490 / 579 Top 85%
Value ($/sqm) ?
Top 68%
#392 / 579 Top 68%
5-Year Growth ?
Top 18%
#67 / 380 Top 18%
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
+8.1%/yr
vs
Lease Decay
−0.57%/yr
Growth assumption
Based on this block’s +47.4% 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 2 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
Mar 2025 01 TO 03 3 ROOM 80 sqm $460,000 $5,750
Mar 2023 04 TO 06 3 ROOM 74 sqm $456,000 $6,162
Apr 2022 01 TO 03 3 ROOM 80 sqm $385,000 $4,813
Sep 2021 01 TO 03 4 ROOM 105 sqm $398,000 $3,790
Mar 2021 04 TO 06 3 ROOM 74 sqm $312,000 $4,216
Nov 2018 01 TO 03 3 ROOM 74 sqm $305,000 $4,122
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 303 Hougang Avenue 5

Block 303 at Hougang Avenue 5 is a residential HDB block in Hougang, Singapore, built in 1983 with approximately 57 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $305,000 to $460,000 based on 6 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $460,000 in 2025-03. The current median price per square metre is $4,514. Over the past five years, resale prices at this block have increased by approximately 47.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8601, 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 303 Hougang Avenue 5 worth?

The most recent resale transaction at Block 303 Hougang Avenue 5 was $460,000 for a 3 room flat in 2025-03. The median price per square metre across all flat types is $4,514, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 303 Hougang Avenue 5?

Block 303 Hougang Avenue 5 was built in 1983 and has approximately 57 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 0.57%, meaning the leasehold value decreases by approximately 0.57% per year at the current remaining lease.

What flat types are available at Block 303 Hougang Avenue 5?

Block 303 Hougang Avenue 5 in Hougang contains 3 room, 4 room flats. Resale prices range from $305,000 to $460,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 303 Hougang Avenue 5 gone up or down?

Resale prices at Block 303 Hougang Avenue 5 have increased by approximately 47.4% over the past five years. The current median price is $391,500, with the most recent sale at $460,000 in 2025-03.

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